markets

Alibaba CEO Eddie Wu to lead Taobao and Tmall e-commerce business in latest reshuffle

BEIJING — Alibaba Group CEO Eddie Wu is taking over the top role at the company’s Taobao and Tmall e-commerce…

GPT and other AI models can’t analyze an SEC filing, researchers find

Large language models, similar to the one at the heart of ChatGPT, frequently fail to answer questions derived from Securities…

Swiss regulator calls for more powers after Credit Suisse collapse

Switzerland’s financial regulator on Tuesday called for greater legal powers and vowed to adapts its approach in the wake of…

Fed’s Goolsbee says he was ‘confused’ by last week’s market reaction

A Federal Reserve official said Monday that the market may have misunderstood the central bank’s intended message last week after…

SoftBank-backed metaverse firm Improbable sells a key gaming venture for $97 million

Metaverse company Improbable has sold one of its key gaming ventures to London-listed video game developer Keywords Studios for £76.5…