An AI sign is seen at the World Artificial Intelligence Conference in Shanghai on July 6, 2023.Aly Song | ReutersBEIJING — Excitement over artificial intelligence isn't yet fueling a boom in cloud services spending in mainland China."The Chinese cloud services market remains conservative, relying heavily on government and state-owned enterprises...
Category: Finance
Does the tax on your year-end bonus check seem high? Here’s why
Jgi/tom Grill | Tetra Images | Getty ImagesDoes your year-end bonus look smaller than expected?Tax withholding is a likely culprit, but Uncle Sam may pay some back when you file an annual tax return, experts said.Bonuses are treated as taxable income, like wages in a typical paycheck.However, unlike wages, the...
China’s potential new gaming rules will hit smaller developers more, analyst says
Mobile games in China range from League of Legends-like Honor of Kings toSource: Apple Inc.BEIJING — China's proposed gaming rules would hit smaller developers more than large ones, while also reducing overall online advertising revenue, according to UBS.Tencent, NetEase and Bilibili shares plunged to their lowest in more than a...
Here’s when you can visit a national park for free in 2024
Grand Canyon National ParkJacobs Stock Photography | Photodisc | Getty ImagesThe National Park Service is offering free admission to U.S. national parks on six days in 2024.There are more than 400 national parks in the U.S. Most of them offer free entrance all the time.However, 109 parks don't — including...
James Gorman talks Disney succession, proxy fight as he gears up to join board
Morgan Stanley CEO James Gorman said Thursday that he's gearing up to join a succession planning committee at Disney, which will advise the board on choosing CEO Bob Iger's successor.Gorman is set to step down as Morgan Stanley CEO Jan. 1. He will join Disney's board in February.Disney announced last...