China’s $100 Billion Tutoring Ban Backfires, Spawning Black Market
President Xi Jinping’s attack on China’s after-school tutoring industry was meant to ease the burden on households. But
2023-07-21 06:18
FTC to Pause Microsoft Merger Trial, Opening Door to Settlement Talks
The US Federal Trade Commission is poised to pause its in-house trial against Microsoft Corp.’s $69 billion acquisition
2023-07-21 02:51
Top US Consumer Watchdog Plots More Regulation for AI in Lending
The top US consumer financial watchdog is sharpening his focus on lenders’ use of artificial intelligence when making
2023-07-21 02:15
Rutgers, Stony Brook Among Colleges Warning of Data Exposure From MOVEit Hack
The ongoing cyberattack exploiting MOVEit file-transfer software has taken a toll on US colleges and universities. At least
2023-07-20 22:21
Startup Cerebras Takes on Nvidia With Chain of AI Supercomputers
Startup chipmaker Cerebras Systems Inc. announced that it’s built the first of nine artificial intelligence supercomputers with money
2023-07-20 21:30
Infosys Cuts Sales Forecast as Companies Curtail IT Spending
Infosys Ltd. cut its annual sales forecast, signaling companies are delaying discretionary technology spending amid fears of an
2023-07-20 18:56
US-China Climate Dealmaking Hinges on Two Diplomats’ Deep Ties
For roughly a quarter century, US climate envoy John Kerry and his Chinese counterpart, Xie Zhenhua, have sought
2023-07-20 18:49
Abu Dhabi Edtech Firm Alef Education Considers an IPO
Alef Education, an Abu Dhabi-based edtech firm, is considering an initial public offering in the United Arab Emirates
2023-07-20 17:49
Europe’s Searing Heat Wave to Intensify in Greece Over the Weekend
Extreme heat across the Mediterranean is expected to ease slightly on Thursday, before building across fire-ravaged Greece as
2023-07-20 17:48
Musk Says Tesla to Spend Over $1 Billion on Dojo Supercomputer
Tesla Inc. is sparing no expense to become a player in supercomputing, with Elon Musk saying the electric
2023-07-20 07:58
VMware Jumps on Interim UK Approval of $61 Billion Broadcom Deal
The gap between VMware Inc.’s stock price and the value of Broadcom Inc.’s proposed takeover narrowed by almost
2023-07-20 05:17
IBM Maintains Full-Year Sales Forecast, Easing Fears of Slowdown
International Business Machines Corp. maintained its full-year forecast of 3% to 5% sales growth, overcoming investor anxiety about
2023-07-20 04:23