Bloomberg Societe Generale SA named Didier Valet as its third deputy chief executive officer, promoting its investment-banking head as the French bank prepares a new business plan. Valet, who turned 49 on Sunday, was appointed to the newly created position on Jan. 13. and will retain his role as head of corporate and investment banking, private banking, asset management …

  Bloomberg Nintendo Co.’s new Switch gaming console won’t be in stores until March 3, but the machine is fully baked and ready to play. The press got a chance to try out the new machine at an event in Tokyo last week, and events will be held in Japan and North America to let people experience the product before …

    WASHINGTON / AP Artificial intelligence is still in a “mainframe era” in which computing power is concentrated in a few companies’ hands, Microsoft Corp. Chief Executive Officer Satya Nadella said in a presentation in Munich on Monday. The computer industry is “worshiping” technology companies that can simulate real-world processes using AI software, but to become more useful the …