Shares of TAL Education, a Chinese tutoring company that saw soaring demand after China closed schools to prevent the spread of Covid-19, fell after it said an audit uncovered fraud. The company said it found that an employee inflated sales of one of its products during a routine check. The disclosure of fraud at a second Chinese listed company in a week is likely to shake investor confidence...
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Microsoft Might Keep Losing in Search and Still Win
Could Microsoft win even if it loses in the next chapter of internet search? That was the question running through my head at an event in Redmond, Wash., earlier today, where Microsoft confirmed reporting from The Information and others when it announced it will remake its Bing search engine using artificial intelligence technology from OpenAI. The new and improved...
Goldman Sachs Asset Management Closes $5.2 Billion Growth Fund
Twitter’s Head of Revenue Strategy & Operations Departs
Meta Beginning Effort to Trim Managerial Ranks
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