Amazon Buys NYC Fifth Avenue Office Tower Near Grand Central

1 day ago

Amazon.com Inc. added to its Manhattan real estate holdings with the purchase of an office tower on Fifth Avenue.

‘DragonForce’ Hacking Gang Takes Credit for UK Retail Attacks

1 day ago

A criminal hacking gang has taken credit for a disruptive campaign of cyberattacks targeting British retailers over the last two…

Uber, China’s Momenta to Partner on Robotaxi Rollout in Europe

1 day ago

Uber Technologies Inc. announced it’s partnering with Beijing Momenta Technology Co. to deploy robotaxis on the ridesharing platform in various…

Why Are Deepfakes Everywhere? Can They Be Stopped?

1 day ago

The internet is awash in deepfakes — audio, pictures or video made using artificial intelligence tools in which people appear…

Amazon, Apple Earnings Show Tariffs Are Coming for Big Tech, Too

1 day ago

Recessionary fears. Global economic and geopolitical conditions. Tariff and trade policies.

Apple Hit With Two Downgrades as Tariff and Growth Worries Grow

1 day ago

Apple Inc. received at least two downgrades on Friday, following quarterly results that reinforced concerns over tariffs and its growth…

Take-Two Delays Release of Grand Theft Auto VI to May 2026

1 day ago

Take-Two Interactive Software Inc.  said its hit video game Grand Theft Auto VI, which was expected to launch in the…

Amazon, Apple Show Big Tech Not Immune From Tariff Pain

1 day ago

Welcome to Tech In Depth, our daily newsletter with reporting and analysis about the business of tech from Bloomberg’s journalists…

How an Israeli Hostage Negotiator Outsmarts Ransomware Hackers

1 day ago

Moty Cristal honed his talent for high-stakes negotiations dealing with Hamas and Hezbollah before expanding to talks with ransomware gangs.

TikTok Fined €530 Million for Illegally Sending EU Data to China

1 day ago

TikTok owner ByteDance Ltd. was fined €530 million ($600 million) by the European Union for illegally sending user data to…

Oyo Postpones Its Third Attempt at an IPO After SoftBank Balks

1 day ago

Oyo Hotels is delaying its plans for an October IPO after opposition from SoftBank Group Corp. and a tumultuous turn…

Temu Ditches Chinese Imports Model to Avoid Trump’s Tariffs

2 days ago

Temu is abandoning the model centered around cheap Chinese imports that catapulted it to success in the US, aiming to…

What’s the De Minimis Tariff Loophole That Trump Has Closed?

2 days ago

A Latin term that used to be little-known outside the world of customs brokers has become the stuff of headlines.…

Taiwan’s Currency, Stocks Surge on Hopes of Better US-China Ties

2 days ago

Taiwan’s currency and stocks surged Friday on signs trade tensions between US and China may start easing and as US…

Toyota, Nintendo Face Tariff Risk: Asia Earnings Week Ahead

2 days ago

Toyota Motor Corp. kicks off Japanese automotive earnings on the heels of President Donald Trump signing directives this week that…

Blue Owl-Owned Stack Seeks $833 Million Loan for Asia Growth

2 days ago

Blue Owl Capital-owned data center operator Stack Infrastructure Inc. is seeking an about A$1.3 billion ($833 million) loan, according to…

Prosecutors May Widen Charges in Singapore Nvidia Fraud Case

2 days ago

Singaporean prosecutors secured eight more weeks to deepen a probe and potentially bring more charges against three men accused of…

OpenAI Can’t Fend Off Musk’s Fraud Claims in Restructuring Suit

2 days ago

A judge narrowed the claims that Elon Musk can pursue in his lawsuit alleging that OpenAI broke its promise to…

CIA Boosts Social Media Campaign to Recruit Chinese Officials

2 days ago

The Central Intelligence Agency released two videos Thursday aimed at recruiting Chinese officials who might be disillusioned by their prospects…

Apple to Source 19 Billion Chips from US Factories, Cook Says

2 days ago

Apple Inc. Chief Executive Officer Tim Cook said the company is planning to source more than 19 billion chips from…

Apple’s Sales to Rise in ‘Low to Mid-Single Digit’ Percent Range

2 days ago

Apple Inc. said it expects revenue in the current period to grow in the “low- to mid-single digit” percentage range…

Apple Says Tariffs Will Add $900 Million in Costs This Quarter

2 days ago

Apple Inc. Chief Executive Officer Tim Cook said that planned US tariffs on foreign imports will add $900 million in…

Harrods Is Latest UK Retailer to Battle Against Hacking Attacks

2 days ago

London’s luxury department store Harrods Ltd. reported hacking attempts Thursday, just days after two other UK retailers said they were…

Apple China Sales Miss Estimates, Marring Earnings Report

2 days ago

Apple Inc.’s sales from China declined more than anticipated in the latest quarter, overshadowing otherwise solid results for the iPhone…

Amazon Projects Profit That Disappoints on Trade Concerns

2 days ago

Amazon.com Inc. gave a weaker-than-expected forecast for operating profit in the current quarter, pointing toward a long list of factors…

Block Shares Drop After Payments Company Cuts Profit Guidance

2 days ago

Block Inc., the digital-payments company led by Jack Dorsey, posted first-quarter results below analysts’ estimates and lowered its full-year profit…

Reddit Surges After Posting Sales Beating Analyst Estimates

2 days ago

Reddit Inc. shares jumped after it said revenue in the current quarter will be better than estimates, a sign that…

Instacart Gives Rosy Outlook After Best Order Growth Since 2022

2 days ago

Instacart posted its strongest order growth since 2022 for the first quarter and projected better-than-expected earnings for the current period,…

Airbnb Gives Weak Outlook, Citing Softness in US Travel Demand

2 days ago

Airbnb Inc. issued a weak outlook for the second quarter, following online travel peer Booking Holdings Inc. in blaming economic…

‘60 Minutes’ to Air Story on Trump’s Targeting of Law Firms

2 days ago

Less than three weeks after President Donald Trump criticized 60 Minutes for what he said were too many critical stories,…

Duolingo Boosts Outlook as AI Drives Top-Tier Subscriptions

2 days ago

Duolingo Inc. raised its full-year sales and profit outlook as artificial intelligence offerings drive users to its higher-priced subscriptions.

The Danger of AI Chatbots Saying Exactly What You Want to Hear

2 days ago

OpenAI is taking steps to make ChatGPT less sycophantic, though the problem may be tough to solve completely. But first...

Microsoft, Meta Allay Tariff Fears; Apple Dealt a Blow | Bloomberg Technology

2 days ago

Bloomberg’s Caroline Hyde and Ed Ludlow discuss Microsoft’s and Meta’s earnings beats. Plus, Carolina Milanesi, president and principal analyst at…

Lightspeed Is Latest Firm to Shift Away From Classic VC Model

2 days ago

Lightspeed Venture Partners, one of Silicon Valley’s largest venture capital firms, has changed its regulatory status to broaden its range…

Whole Foods Union Victory Upheld by US Labor Board Official

2 days ago

Whole Foods Market’s effort to overturn a unionization vote at a Philadelphia store was rejected by a US labor board…

Can Anyone Supplant Joe Rogan as the Most Popular Podcaster?

2 days ago

The comedian’s influential show has sat at No. 1 on the chart of the most popular podcasts in the US for…

LinkedIn Shares Advertising Revenue With Creators In Video Push

2 days ago

LinkedIn will begin sharing advertising revenue with creators for the first time, as video content boosts the amount of time…

US Weighs Easing Nvidia Chip Curbs on UAE as Trump Plans Visit

2 days ago

The US is weighing a potential easing of restrictions on Nvidia Corp. sales to the United Arab Emirates, according to…

Large AI Projects Present $1.8 Trillion Capital Pool for Private Credit

2 days ago

The artificial intelligence boom is driving business to private credit firms, as tech companies seek funding to build data centers…

Microsoft Raises Prices on Xbox, Games Amid Trade War

2 days ago

Microsoft Corp is raising prices on its Xbox games, consoles and accessories amid broader uncertainty about how the ongoing trade…

Instacart Buys Grocery Tech Provider Wynshop in Software Push

2 days ago

Instacart has acquired Wynshop Inc., an e-commerce platform for US grocery chains, adding to the delivery company’s growing software business for retailers.

Roblox Daily Users Jump 26% Amid Efforts to Woo New Players

2 days ago

Roblox Corp., the popular video-game platform, reported a larger-than-expected jump in active users for the first quarter, benefiting from efforts…

Uncork Raises $300 Million to Find the Next Poshmark, Postmates

2 days ago

Founder Jeff Clavier steps back from managing partner but remains at firm

Why Investors Are Souring on This Once Red-Hot Climate Tech

2 days ago

Venture funding in US-based direct air capture startups dropped by more than 60% in the first quarter. 

‘Royal Match’ Maker Dream Games Raises $2.5 Billion in CVC-Led Round

2 days ago

Dream Games, a mobile gaming studio that makes the Royal Match smartphone game, has raised about $2.5 billion in debt…

Wayfair Shares Soar as First-Quarter Profit Tops Estimates

2 days ago

Wayfair Inc.’s shares rose as much as 19% in premarket trading as its earnings results came in better than expected.

Zuckerberg Pushes Full Tilt on AI Spending in Face of Economic Uncertainty

2 days ago

Welcome to Tech In Depth, our daily newsletter with reporting and analysis about the business of tech from Bloomberg’s journalists…

Uber Launches Simpler Interface for Seniors, Beating Lyft to Market

2 days ago

Uber Technologies Inc. launched a simpler version of its rideshare app to make it easier for older adults to get around, the latest…

FCC’s Anna Gomez Takes on Trump in Defense of Media

2 days ago

She’ll soon be the lone Democrat on the commission, which is supporting the president’s combative stance against the media.

Trump-Linked Stablecoin Used for MGX’s $2 Billion Binance Deal

2 days ago

World Liberty Financial, the Trump family’s decentralized finance project, said its new stablecoin was used for a $2 billion investment…

Apple’s Chaotic Month Culminates in Tariff-Focused Earnings Test

2 days ago

Apple Inc. shares have clawed back a good portion of the ground they lost in the historic tariff-induced selloff last…

Palantir’s Intelligence-Gathering Truck Rated a Winner by Army

2 days ago

Palantir Technologies Inc.’s new mobile battlefield intelligence-gathering vehicle and trailer for the US Army is ranked by its leaders as…

Ocado’s Total Bond Bill Set to Be Triple What It Paid Last Year

2 days ago

After Ocado Group Plc finalizes the sale of its latest bond, the company’s total annual interest bill may be close…

Tesla Sales Sink to Two-Year Low in France Despite New Model Y

2 days ago

Tesla Inc. registered only 863 new vehicles in France last month, its lowest total in more than two years, even…

Murata Shares Drop by Most Since 2000 on Tariff-Hit Grim Outlook

3 days ago

Shares of iPhone components maker Murata Manufacturing Co. plunged 18% — the most in 25 years — after it said…

Altman-Backed Startup Rolls Out Eyeball-Scanning Tech Across US

3 days ago

Tools for Humanity, a startup co-founded by OpenAI Chief Executive Officer Sam Altman, plans to roll out thousands of eyeball-scanning…

Tesla Board Started Search for Elon Musk’s Successor, WSJ Says

3 days ago

Tesla Inc. board members contacted executive search firms to kick off a formal hunt for a successor to Chief Executive…

Google Places Ads Inside Chatbot Conversations With AI Startups

3 days ago

Google’s ad network has begun showing advertising within the flow of conversations with chatbots — part of Alphabet Inc.’s efforts to keep its edge…

Super Micro, Snap Warn of Headwinds, Grab Hikes Forecast | Bloomberg Technology

3 days ago

Bloomberg’s Caroline Hyde and Ed Ludlow discuss the drop in Super Micro’s shares after the server maker preannounced results that…

Apple Must Halt Non-App Store Sales Commissions, Judge Says

3 days ago

Apple Inc. violated a court order requiring it to open up the App Store to outside payment options and must…

Chinese Hacking Competitions Fuel the Country’s Broad Cyber Ambitions

3 days ago

Participants are required to turn findings over to the Chinese government. 

Restaurant Software Maker Olo Is Exploring a Potential Sale

3 days ago

Restaurant software provider Olo Inc. is exploring a potential sale after attracting takeover interest, according to people familiar with the…

Amazon Plans to Build Dozens of US Warehouses in Rural Expansion

3 days ago

Amazon.com Inc. plans to build dozens of warehouses to serve rural areas in the US before the end of next…

EBay Projects Solid Sales, Showing Resilience Amid Tariffs

3 days ago

EBay Inc. projected sales for the current quarter that exceeded analysts’ estimates, showing resilience in the face of exposure to…

Meta Revenue Beats Estimates on Advertising Stability

3 days ago

Meta Platforms Inc. posted first-quarter sales that beat Wall Street estimates, a sign that the company’s advertising business is so…

Microsoft Reports Strong Quarterly Sales Fueled by Cloud Growth

3 days ago

Microsoft Corp. reported stronger-than-expected quarterly sales and profit growth, suggesting customer demand for cloud services has held steady despite a…

Qualcomm Gives Soft Sales Forecast in Face of Trade Turmoil

3 days ago

Qualcomm Inc., the biggest maker of chips that run smartphones, gave a tepid revenue prediction for the current quarter, underscoring…

How China Is Building an Army of Hackers

3 days ago

China and the US actively engage in cyber espionage for strategic advantage. Leaked files now suggest how rapidly Beijing is…

Palantir CTO on Military Industrial Base Under Trump

3 days ago

Palantir CTO Shyam Sankar speaks with Bloomberg's Annmarie Hordern about his perspective on the military-industrial complex under the Trump administration.…

Ripple Offered to Buy Stablecoin Rival Circle or Up to $5 Billion

3 days ago

Ripple has proposed a takeover of rival stablecoin provider Circle Internet Group Inc. for $4 billion to $5 billion, a…

Nvidia Gets Rare Sell Rating as Seaport Says AI Fully Priced In

3 days ago

Nvidia Corp. received a rare sell rating on Wednesday, with Seaport Global Securities warning that the benefit of artificial intelligence…

Snowflake Cyber Boss Offers Lessons From Last Year’s Hack of Customers

3 days ago

Google Eyes Gemini-iPhone AI Deal This Year, Pichai Tells Court

3 days ago

Alphabet Inc. Chief Executive Officer Sundar Pichai said in court proceedings Wednesday that he hopes that Gemini, his company’s AI…

Nvidia CEO on Tariffs, AI Chips, China Competition

3 days ago

Nvidia Corp. Chief Executive Officer Jensen Huang talks about the need for the US to change the rules for exporting artificial…

Google’s Pichai Calls US Remedies ‘De Facto’ Spinoff of Search

3 days ago

Alphabet Inc. Chief Executive Officer Sundar Pichai told a judge who found that Google illegally monopolizes online search that a…

Nvidia CEO Says Trump Should Revise Rules for AI Chip Exports

3 days ago

Nvidia Corp. Chief Executive Officer Jensen Huang said he’d like the Trump administration to change regulations for exporting artificial intelligence…

Meta, App Makers Launch Washington Lobby to Fight Apple and Google

3 days ago

App makers Meta Platforms Inc., Spotify Technology SA and Match Group Inc. are girding for a high-stakes political battle with…

Grindr Pivots to Anthropic, Amazon to Power AI Wingman Feature

3 days ago

Grindr Inc. said it’s using artificial intelligence tools from Amazon.com Inc. and Anthropic to develop features for its “Wingman” product, rather than…

EU Set to Concede Dependence on US Tech as Trump Tensions Flare

3 days ago

The European Union is set to concede it can’t break free from the power of US technology giants, in a…

Cloud Startup Cast AI Gets $108 Million in SoftBank-Led Round

3 days ago

Cast AI, a company that lets businesses reduce their cloud computing costs, has raise $108 million in a fundraising round…

UK Grocer Co-op Suffers Hacking Attempt, Shuts Down Some Systems

3 days ago

British supermarket chain Co-op said it was the target of a hack attempt, just days after Marks & Spencer Group…

Marcelo Claure Expands Investment Empire to Build Out Brightstar

3 days ago

Marcelo Claure, the entrepreneur and investor who previously steered SoftBank Group Corp.’s operations, is joining private equity firm Brightstar Capital…

DoorDash’s Bid for Deliveroo Marks End of Europe’s Food Delivery Boom

3 days ago

Welcome to Tech In Depth, our daily newsletter with reporting and analysis about the business of tech from Bloomberg’s journalists…

Tech CEOs Meet With Lawmakers for National Security Summit

3 days ago

Silicon Valley’s growing influence in Washington will be on full display Wednesday as tech titans and venture capitalists gather with…

Meta Earnings Have High Bar to Clear After Shares Outperform

3 days ago

When Meta Platforms Inc. reports earnings on Wednesday afternoon, the social media giant will face a high hurdle to satisfy…

Startup Electric Plane Maker Heart Relocates to US From Sweden

3 days ago

Swedish electric plane manufacturer Heart Aerospace AB is relocating its headquarters to Los Angeles from Gothenburg in a move it…

Duolingo More Than Doubles Courses as ‘AI-First’ Push Draws Heat

3 days ago

Even by Silicon Valley standards, Duolingo Inc. has set itself apart with its aggressive push to infuse artificial intelligence into all…

Shanghai Fund Is Said to Weigh Buying Otsuka’s Stake in MicroPort

3 days ago

A fund backed by Shanghai Industrial Investment Holdings Co. is in talks to buy Otsuka Holdings Co.’s stake in Chinese…