Microsoft CEO says Bill Gates opposed his OpenAI bet: ‘You’re going to burn this billion dollars’
Microsoft CEO Satya Nadella faced pushback even from the company’s cofounder and original CEO, Bill Gates, he recalled…
Beijing aims to harness state, private sectors to build ‘world-class firms’
China’s state-asset watchdog has urged the country’s state-owned enterprises (SOEs) to act as an anchor for strategic industries,…
Roaring AI-Linked Debuts Drive Demand for Pre-IPO Shares
Photographer: Michael Nagle/Bloomberg (Bloomberg) — A wave of successful initial public offerings is driving a surge of interest…
The Job Market Is Slowing Down, Private Sector Data Shows
Spencer Platt / Getty Images Private jobs reports have indicated that the job market may be a little…
China’s Labor Market Distress Spreads at Worst Time for Deflation Fight
An employee on the production line at a facility in Jiuquan, Gansu province, China. (Bloomberg) — China’s labor…