The spread of AI-based systems offers big opportunities for financial services firms, but asset managers face higher stakes because they manage sensitive information.
Read More Financial industry grappling with AI’s gifts and perils, executives sayTag: Morningstar
Adobe surges as AI optimism fuels annual revenue forecast
Adobe shares soared 16% on Friday, putting the Photoshop-maker on track for its best day in more than four years.
Read More Adobe surges as AI optimism fuels annual revenue forecastChina announces rules to reduce spending on video games
December 22, 2023 – 6:05 AM PST HONG KONG (Reuters) – Chinese regulators announced on Friday a wide range of rules aimed…
Read More China announces rules to reduce spending on video gamesMacy’s investors mount $5.8 billion buyout bid
An investor group consisting of Arkhouse Management and Brigade Capital has made a $5.8 billion offer to take department store chain Macy’s private.
Read More Macy’s investors mount $5.8 billion buyout bid