Bloomberg Chinese construction contractor New Headline Holdings Ltd. shelved a HK$340 million ($44 million) initial public offering in Hong Kong after a key executive, who is also the chairman’s wife, was put under police surveillance. Executive Director Xie Birui is under “designated residence surveillance” by the Public Security Bureau of Lianyungang, the city in eastern China’s Jiangsu province where the …

Bloomberg A landmark medical trial involving Alphabet Inc.’s DeepMind artificial intelligence division violated British data protection laws, the UK’s top privacy watchdog ruled. The Information Commissioner’s Office said that the National Health Service hospital that conducted the trial with DeepMind improperly shared 1.6 million patient records with the tech company, failing to inform patients that their data would be used …

Bloomberg Microsoft Corp. reorganized its sales and marketing operations in a bid to woo more customers in areas like artificial intelligence and the cloud by providing sales staff with greater technical and industry-specific expertise. The changes will mean thousands of job cuts in areas such as field sales, said a person familiar with the restructuring who asked not to be …