US Should Prioritise Indian Students For Tech, Encourage Chinese Students To Study Humanities: Deputy Secretary Of State

US Should Prioritise Indian Students For Tech, Encourage Chinese Students To Study Humanities: Deputy Secretary Of State

The United States should encourage more Chinese students to pursue humanities rather than sciences amid security concerns, US Deputy Secretary of State Kurt Campbell advocated on Monday. Speaking at the Council on Foreign Relations, Campbell highlighted the importance of diversifying international student enrolments amidst strained US-China relations. The Deputy Secretary also advocated for greater recruitment … Read more

Hamas Needed a New Way to Get Money From Iran. It Turned to Crypto.

Hamas Needed a New Way to Get Money From Iran. It Turned to Crypto.

Nov. 11, 2023 11:00 pm ET In mid-2019, Israel’s military used a precision strike on a narrow street to kill a Hamas commander whom it called Iran’s money man in Gaza. The commander ran an off-the-books system of remittances in which trusted agents shuttled physical cash and goods across borders to settle customers’ balances. This … Read more

Microsoft’s Chris Young on Bringing AI to Main Street

Microsoft’s Chris Young on Bringing AI to Main Street

Microsoft has spent most of this year touting the promise of artificial intelligence and how it can reshape society. The job for Chris Young, head of Microsoft’s corporate strategy, is making sure that hype turns into purchases of Microsoft’s AI tools. Young leads a hundreds-strong team that works with outside partners like Facebook parent Meta … Read more

Key Witness at Sam Bankman-Fried Trial to Launch New Crypto Exchange

Key Witness at Sam Bankman-Fried Trial to Launch New Crypto Exchange

A group of former FTX executives, including one who served as a key witness against Sam Bankman-Fried, are teaming up to build a new cryptocurrency exchange that aims to solve the problems that doomed their previous employer. Trek Labs, a Dubai-based startup led by the former FTX general counsel Can Sun, received a license from … Read more

Nexon Taps Korea Unit’s Chief to Succeed Departing CEO

Nexon Taps Korea Unit’s Chief to Succeed Departing CEO

Updated Nov. 9, 2023 11:38 am ET Nexon Chief Executive Owen Mahoney plans to step down in March and is expected to be succeeded by Junghun Lee, the head of Nexon Korea, the video-game publisher said Thursday. Mahoney would continue to serve as representative director and CEO until Nexon’s annual meeting, at which time he … Read more

Google Antitrust Trial Exposes Deepening Rift With Microsoft  

Google Antitrust Trial Exposes Deepening Rift With Microsoft  

Satya Nadella wanted to make nice with longtime rival Google when he became chief executive of Microsoft almost a decade ago. Those days now feel like a distant memory. Google’s antitrust trial in Washington, D.C., has provided a stage for Microsoft to air long-simmering grievances about the search giant’s market dominance. It also has opened a … Read more

Tech, Media & Telecom Roundup: Market Talk

Tech, Media & Telecom Roundup: Market Talk

Updated Nov. 8, 2023 4:52 pm ET The latest Market Talks covering Technology, Media and Telecom. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET. 1622 ET – Disney is cutting costs faster than it expected. CEO Bob Iger hinted with third-quarter earnings three months ago that the company was … Read more

Former NYSE President in Talks to Reboot FTX Exchange

Former NYSE President in Talks to Reboot FTX Exchange

A company run by former New York Stock Exchange President Tom Farley is among three suitors vying to buy the remnants of FTX, as the auction for the collapsed cryptocurrency exchange founded by Sam Bankman-Fried reaches its final stages. Bullish, the crypto exchange run by Farley, fintech startup Figure Technologies and crypto venture-capital firm Proof … Read more

Goldman Moves to Unload GM Credit Card

Goldman Moves to Unload GM Credit Card

Updated Nov. 7, 2023 5:44 pm ET Goldman Sachs plans to begin a process to unload its General Motors credit card program in another step away from its failed foray into consumer lending. The bank on Tuesday informed a group of employees within its Platform Solutions division, who work on the GM card, that a … Read more

Tech, Media & Telecom Roundup: Market Talk

Tech, Media & Telecom Roundup: Market Talk

Updated Nov. 7, 2023 4:58 pm ET The latest Market Talks covering Technology, Media and Telecom. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET. 1637 ET – GXO Logistics reports revenue up 8% year in 3Q to $2.5 billion as more companies outsource their distribution operations to third-party logistics … Read more