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Xiaomi raises more questions than cash

Questions, questions, questions. If there’s one thing that’s tailed China’s Xiaomi Corp. for the past six years, it’s questions. The most recent come as a pair: Will the company IPO next year, and will it fetch the $50 billion it’s supposedly seeking? Last weekend, tech industry newsletter The Information reported that the maker of smartphones and other devices is eyeing ...

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Artificial intelligence isn’t a game changer

Not much time passes these days between so-called major advancements in artificial intelligence. Yet researchers are not much closer than they were decades ago to the big goal: actually replicating human intelligence. That’s the most surprising revelation by a team of eminent scholars who just released the first in what is meant to be a series of annual reports on ...

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Deutsche asset management to pay bulk of profit in dividends

Bloomberg Deutsche Bank AG’s investment unit said it plans to pay out most of its earnings to shareholders as it seeks to attract investors to a planned initial public offering next year. The asset manager will use its DWS German retail brand to sell its products globally and will be renamed to reflect that brand, the bank said on Tuesday. ...

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