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Goldman Sachs reportedly expanded the availability of its artificial intelligence assistant across the firm.
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About 10,000 employees were already using the GS AI Assistant before the company-wide launch, Reuters reported Monday (June 23), citing a company memo.
The GS AI Assistant will help Goldman Sachs employees with tasks such as summarizing complex documents,...
Real estate brokerage Compass has reportedly sued Zillow for its ban on private home listings.
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The suit, filed Monday (June 23) in federal court in Manhattan, accuses Zillow of employing “anticompetitive tactics to protect its monopoly and revenues in violation of the antitrust laws,” the Associated Press (AP) reported.
According to the report, Compass alleges that...
Payments technology FinTech Icon Solutions has landed an equity investment from UBS.
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This investment, announced in a news release Wednesday (June 18), comes on top of additional funding from existing investors Citi and NatWest.
“Icon, an important partner of UBS, plays a crucial role in modernizing payment platforms with innovative infrastructure solutions,” said Pieter...
Looking for a travel-related business that’s actually booming during the year of COVID-19? It’s out on the water, in rented boats of every shape and size from kayaks to luxury yachts.
“We had our drop-off in April, and then come May we saw a very quick rebound, Bryan Petro, chief operating officer of boat rental and charter marketplace GetMyBoat, told PYMNTS. “From April [to August], we are...
In China, crypto over-the-counter (OTC) traders are being arrested in an attempt to crack down on illegal transactions, according to a report from CoinDesk.
Prominent OTC trader Zhao Dong, of crypto lending platform RenrenBit, was held up by police in the city of Hangzhou, the report says. Zhao has a prominent status among the community, and rumors online began to circulate. One poster relayed...
Two innovators approached a well-heeled investor asking for money. Their sales pitch was very convincing. They told this investor that their innovation was so incredibly cutting-edge that only the hopelessly uninformed would fail to recognize its value. The innovators said that they had picked him because he was smart and forward-thinking enough to see the potential. The investor, who prided...