Microsoft President Says Progressive Tax Promises Are Putting Washington State’s Tech Jobs at Risk

8 hours ago

As job cuts spread gloom through the Seattle-area tech scene, one of Microsoft Corp.’s top executives is warning that state…

US Stocks Advance as Alphabet Gains Amid Revived Fed-Cut Bets

9 hours ago

US stocks edged higher to start Friday trading, recovering some of the losses from the previous session, when concerns around…

Two Teens Plead Not Guilty to Charges Over London Tube Hack

11 hours ago

Two British teenagers pleaded not guilty to charges relating to a cyber attack on London’s transport network.

Wall Street Chases AI Billions While Africa Tries to Join the Race

11 hours ago

Welcome to Tech In Depth, our daily newsletter about the business of tech from Bloomberg’s journalists around the world. Today,…

Meesho Eyes $6 Billion Valuation With December India IPO

12 hours ago

Indian e-commerce platform Meesho Ltd., which plans to launch its initial public offering in the first half of December, is…

Morgan Stanley’s OpenAI Ties Show How Bank Reels in Hot Startups

12 hours ago

Almost no one outside the tech industry had heard the term ChatGPT when a team at Morgan Stanley invited Sam…

Meta Enters Power Trading to Support Its AI Energy Needs

12 hours ago

Meta Platforms Inc. is venturing into the complex world of electricity trading, betting it can accelerate the construction of new…

Wildest Trading Day Since Tariff Shock to Test Dip Buyers’ Nerve

13 hours ago

A blowout forecast from Nvidia Corp. was supposed to bring back dip buyers. Instead, a tech rout and a mixed…

Big Tech’s Debt Binge Raises Risk in Race to Create an AI World

13 hours ago

Wall Street is growing increasingly concerned about the amount of leverage that Big Tech is taking on to build out…

Why So Much Is Riding on the Data Center Boom

13 hours ago

In pursuit of revolutionary advances in AI, tech companies are plowing billions of dollars into massive new facilities. The projects…

TSMC CEO Pledges US Push After Getting Chip Sector’s Top Award

14 hours ago

Taiwan Semiconductor Manufacturing Co.’s boss vowed to keep growing its US presence to meet AI demand, sustaining a rapid expansion…

Japan’s Moonshot Chip Push Rapidus Plots Path to IPO Around 2031

14 hours ago

Japan’s state-backed chip venture Rapidus Corp. aims to go public around fiscal 2031 in a bid to bolster the country’s…

Private Equity Firm EQT Agrees to Buy Desotec From Blackstone

14 hours ago

EQT AB agreed to acquire a majority stake in European environmental service company Desotec from Blackstone Inc., four years after…

OpenAI Partner Foxconn Plans Up to $5 Billion for US Expansion

15 hours ago

Hon Hai Precision Industry Co. aims to spend an initial $1 billion to $5 billion growing its US manufacturing footprint,…

Bitcoin Heading for Worst Month Since Crypto Collapse of 2022

16 hours ago

Bitcoin is on track for its worst monthly performance since a string of corporate collapses rocked the wider crypto sector…

Ubisoft Results Delay Came After Sales Restatement, Loan Breach

16 hours ago

Ubisoft Entertainment SA, the video-game publisher behind Assassin’s Creed, said an auditor’s review forced it to restate its 2025 fiscal…

AI Can Create Jobs If Leaders Prepare Workers, Jokowi Says

18 hours ago

Former Indonesian President Joko Widodo said the promise of a coming “intelligent economy” will hinge on training populations in artificial…

Intel CEO Dismisses Concerns About New Hire Bringing TSMC’s Tech

18 hours ago

Intel Corp. Chief Executive Officer Lip-Bu Tan dismissed reports about a new hire taking trade secrets from Taiwan Semiconductor Manufacturing…

Gaza War, AI, US-China Dominate Last Day of New Economy Forum

18 hours ago

Artificial intelligence, the US-China rivalry, and the conflicts in Ukraine and Gaza were among key topics on the third and…

The Dirty Secret of Biodegradable Plastic

18 hours ago

More countries are banning plastics made with additives that manufacturers say can make them decompose.

Cathie Wood’s ARK Buys Nvidia Shares for First Time Since August

20 hours ago

Cathie Wood’s flagship fund bought Nvidia Corp. shares on Thursday following the company’s blowout earnings, reiterating her firm ARK Investment…

Nidec Shares Slide, Credit Spreads Widen After Moody’s Downgrade

20 hours ago

Nidec Corp. shares fell for a seventh consecutive trading day as an ongoing accounting probe further chipped away at the…

Founder of India’s Top Stock Broker Becomes a Billionaire

21 hours ago

The initial public offering of Groww, India’s answer to Robinhood Markets Inc., was the culmination of almost a decade’s hustle…

South Korea’s Early Trade Data Show Export Momentum Continues

23 hours ago

South Korea’s early exports continued to grow in November, supported by sustained demand for semiconductors even as steep US tariffs…

Korea Stocks Slide as Tech Rout Wipes 8% From Kospi Peak

24 hours ago

South Korean stocks slumped as tech-heavy selloffs resumed on mounting concerns over stretched AI-related valuations.

Mexico Fintech Inks $50 Million Credit Line to Boost Microloans

1 day ago

Mexican fintech Aviva secured a $50 million credit facility from San Francisco-based Community Investment Management as it seeks to expand…

OpenAI Partners With Foxconn to Design Hardware for Data Centers

1 day ago

OpenAI is partnering with Hon Hai Precision Industry Co. to design and manufacture hardware for data centers, the latest move…

UK Plans £10 Billion Wales Data-Center Hub in AI Push

1 day ago

The UK plans to open a data center campus in south Wales, with developer Vantage Data Centers spending £10 billion…

Asurion Nears Deal for CVC-Backed Domestic & General

1 day ago

Asurion LLC is in advanced talks to acquire Domestic & General Group Ltd. in a deal valuing the UK warranty…

Meta Board Resolves Investors’ Privacy Claims for $190 Million

1 day ago

Billionaire Mark Zuckerberg and other Meta Platforms Inc. directors agreed to a $190 million settlement of claims they failed to…

US Accuses Four of Smuggling Advanced Nvidia Chips to China

1 day ago

Federal prosecutors charged two Chinese nationals and two US citizens with a scheme to ship hundreds of sophisticated chips made…

Anthropic Investments Add to Concerns About Circular AI Deals

1 day ago

Anthropic is taking a page from OpenAI’s investment playbook. Plus: Google scores a big win with the release of Gemini…

Nvidia’s Forecast Lifts AI Trade | Bloomberg Tech 11/20/2025

1 day ago

Bloomberg’s Caroline Hyde and Ed Ludlow discuss Nvidia’s earnings, as the AI chip leader delivers an upbeat forecast. Plus, Palo…

Google’s Latest Pixel Phones Can Now AirDrop With iPhones

1 day ago

Alphabet Inc.’s Google said it has developed a way for its latest Pixel smartphones to exchange images and other files with…

Trump Plan Would Expand West Coast, Arctic Offshore Drilling

1 day ago

The Trump administration is proposing to open new areas off the West Coast and in the Arctic to crude drilling…

Perplexity Launches AI Browser on Mobile, Extending Google Rivalry

1 day ago

Perplexity AI unveiled a version of its Comet web browser for mobile devices, extending a rivalry with Google to the search giant’s Android operating…

Morgan Stanley Delays Data Center Debt Sale Amid Alibaba Risks

1 day ago

Banks led by Morgan Stanley pushed back a key deadline to give investors more time to evaluate $589 million of…

AI Chatbots Give Harmful Tip to Users Seeking Abortion Reversal

1 day ago

Popular AI chatbots are routinely steering users who ask for advice on reversing an abortion to a hotline that promotes…

Robotics Startup Physical Intelligence Valued at $5.6 Billion in New Funding

1 day ago

Physical Intelligence, a startup developing artificial intelligence software to help robots learn a wide range of tasks, has raised $600…

Wall Street’s Worried About an AI Bubble. Nvidia Just Delivered an Answer

1 day ago

Nvidia’s earnings calmed fears of an AI bubble, but it isn’t out of the woods yet. On today’s Big Take…

FCC Rescinds Biden-Era Cyber Rule Meant to Address Salt Typhoon

1 day ago

The Federal Communications Commission voted to roll back Biden-era cybersecurity regulations designed to address the massive network intrusion known as…

AI Bubble Poses Risks for EMs, South African Central Banker Says

1 day ago

The boom in artificial intelligence stocks is creating a risk of a bubble, which could threaten emerging markets, South Africa’s…

Cyber Warfare Startup Nabs Contracts to Give US Military Hackers AI Tools

1 day ago

Twenty’s technology helps military hackers find ways to penetrate targets.

Google Tackles AI’s Spelling Problem in New Image Generation Model

1 day ago

As confident as artificial intelligence assistants can sound in chat responses, if you ask them to generate an image containing…

A Hedge Against AI Crash Emerges as Oracle CDS Market Explodes

1 day ago

Oracle Corp., the once stodgy database giant that’s borrowed tens of billions and tethered its fortunes to the artificial intelligence…

Nintendo and ‘Battlefield 6’ Pushed US Game Sales Up in October

1 day ago

Electronic Arts Inc.’s Battlefield 6 needed less than a month to become this year’s best-selling game in the US, according…

Smart Home Cameras From Amazon, Google Could Soon Work Together

1 day ago

The Matter smart home standard will soon allow mixing and matching of video cameras. But will Amazon and Google take…

Prediction Markets Go From Fringe to Frenzy as Wall Street, Silicon Valley Pile In

1 day ago

The intimate meal, 60 floors above New York’s financial district, brought together a pillar of the Wall Street establishment and…

Verizon Cuts Nonunion Workforce 20% in Cost-Slashing Campaign

1 day ago

Verizon Communications Inc. announced wide-ranging layoffs Thursday morning that will shrink the company by as much as 20% of its…

Meta’s Dream of a Connected World Blocked at Red Sea

1 day ago

Welcome to Tech In Depth, our daily newsletter about the business of tech from Bloomberg’s journalists around the world. Today,…

Uber Teams With Starship to Begin Offering Robot Deliveries in Europe

1 day ago

Uber Technologies Inc. will offer sidewalk robot deliveries in Europe for the first time through a new partnership with Starship Technologies…

TCS Gets $1 Billion Investment From TPG for Data Center Business

1 day ago

Tata Consultancy Services raised $1 billion from private equity group TPG for its AI data center business HyperVault, the firm…

Merck KGaA, Valo to Use AI for Parkinson’s in $3 Billion Deal

1 day ago

Merck KGaA, a German science group, will use Valo Health Inc.’s AI platform to help discover and develop treatments for…

Buffett’s Alphabet Blessing Puts Valuation Paradox Back in Focus

2 days ago

Just six months ago, Alphabet Inc. investors feared the company could be a casualty of the artificial intelligence revolution. But…

YouTube’s Right-Wing Stars Fuel Boom in Politically Charged Ads

2 days ago

YouTube’s MAGA stars aren’t just talking politics—they’re selling it

Muddy Waters’ Carson Block Says It’s Not the Time to Short Big Tech

2 days ago

It’s not the time to bet against the biggest US technology names, according to short-seller Carson Block, even as warnings…

Inditex Founder Ortega Buys Amazon-Leased Tower in Vancouver

2 days ago

Amancio Ortega, the billionaire founder of Inditex SA, has agreed to buy The Post building in downtown Vancouver, a two-tower…

Vodacom in Talks to Add Stake in $9 Billion Kenya Telecom Giant

2 days ago

Vodacom Group Ltd. is in talks with Kenya about potentially acquiring part of the government’s stake in Safaricom Ltd., according…

ByteDance’s Valuation Soars to $480 Billion in Share Auction

2 days ago

A Chinese investment firm bought a block of ByteDance Ltd. shares at a valuation of $480 billion, far above recent…

European Stocks Set to Gain as Nvidia Results Calm Trader Fears

2 days ago

European stock futures climbed after Nvidia Corp.’s surprisingly strong revenue forecast soothed investor fears of an artificial intelligence bubble.

Xiaomi Ups 2025 EV Delivery Goal to 400,000 After Breaking Even

2 days ago

Xiaomi Corp. now expects to deliver more than 400,000 cars this year, showing accelerating momentum from an electric vehicle business…

UK’s Gambling Firms Warn They’ll Push Tax Hikes Onto Customers

2 days ago

Gambling firms have warned they’ll shut shops and slash jobs if Chancellor of the Exchequer Rachel Reeves launches a tax…

India Seeks Chipmaking Parity With Major Producers by 2032

2 days ago

India’s technology minister said the nation’s chipmaking capabilities are set to be at par with other major producers by 2032,…

Australian AI Startup Firmus Technologies in Debt Funding Talks

2 days ago

Firmus Technologies Pty., an Australian artificial intelligence technology firm, is in talks with potential financiers, including private credit funds, to…

White House Asks Congress to Reject Bill Curbing Nvidia Exports

2 days ago

White House officials are urging members of Congress to reject a measure that would limit Nvidia Corp.’s ability to sell…

Indian Wedding Matchmaker Shaadi.com Is Said to Consider IPO

2 days ago

People Interactive India Pvt., operator of the popular local marriage matchmaking service Shaadi.com, is preparing for an initial public offering,…

Nvidia’s Huang Says Company Has Plenty of New Chips to Sell

2 days ago

Nvidia Corp. Chief Executive Officer Jensen Huang said his company has enough new Blackwell chips to meet increasing demand and…

Major Music Labels Strike Deals With New AI Streaming Service

2 days ago

The world’s largest music companies have licensed their works to a music startup called Klay, which is building a streaming…

State AI Laws to Be Challenged Under Forthcoming Trump Order

2 days ago

President Donald Trump is preparing to sign an executive order that would allow the Department of Justice to sue states…

Lenovo’s Revenue Tops Estimates in Sign of Strong AI Demand

2 days ago

Lenovo Group Ltd. posted better-than-expected quarterly revenue thanks to its increased market share in global PCs and robust demand for…

Crypto Mixer Co-Founder Gets Four Years in Money-Laundering Case

2 days ago

One of the rare cryptocurrency prosecutions under the Trump administration led to a four-year prison term for a bitcoin wallet…

US Reaches AI Chip Sale Agreement With G42 in Win for UAE Firm

2 days ago

The US has agreed to approve sales of advanced AI semiconductors to the Emirati AI firm G42, according to two…

Trump Plans to Unveil ‘Genesis Mission’ to Boost AI Development

2 days ago

President Donald Trump plans to roll out a “Genesis Mission” as part of an executive order to boost US artificial…

Nvidia Gives Strong Forecast, Countering Fears of AI Bubble

2 days ago

Nvidia Corp., the world’s most valuable company, gave a strong revenue forecast for the current period, helping counter concern that…

Palo Alto Networks to Acquire Chronosphere for $3.35 Billion

2 days ago

Palo Alto Networks Inc. announced on Wednesday that it was acquiring Chronosphere Inc. for $3.35 billion to boost its AI-enabled…

ID Verification Startup Incode Seeks Up to $3 Billion Valuation

2 days ago

Incode Technologies Inc., an identity verification platform, is in preliminary talks to raise between $150 million and $300 million from…

Citadel Securities Launches AI Bond Trading Baskets for Hedging

2 days ago

Citadel Securities LLC started making markets for two baskets of corporate bonds issued by Microsoft Corp., Amazon.com Inc., Alphabet Inc.…

All Eyes on Nvidia Ahead of Earnings | Bloomberg Tech 11/19/2025

2 days ago

Bloomberg’s Caroline Hyde and Ed Ludlow discuss what investors are keeping their eyes peeled for when Nvidia’s earnings come out.…

Meta AI’s LeCun to Announce Exit, Startup as Soon as This Week

2 days ago

Yann LeCun, an artificial intelligence pioneer who runs a research lab at Meta Platforms Inc., plans to say he will…

Nvidia Third Quarter Earnings

2 days ago

Fugitive Olympic Snowboarder Indicted on Murder, Drug Charges

2 days ago

A Canadian former Olympian accused by the FBI of running one of the world’s largest cocaine networks now has a…

Abbott Nears Deal for Cancer Test Maker Exact Sciences

2 days ago

Abbott Laboratories is nearing a potential acquisition of medical-testing company Exact Sciences Corp., people familiar with the matter said.

Saudi’s Humain Backs AI Video Startup Luma at $4 Billion Value

2 days ago

Six months ago, Saudi Arabia unveiled a new artificial intelligence firm called Humain that promised to wield the kingdom’s immense…

Hackers Are Using AI to Bolster Ransomware Negotiations

2 days ago

Russian hackers aren’t as empathetic.

Musk’s xAI to Build 500 Megawatt Data Center in Saudi Arabia

2 days ago

Elon Musk said his xAI artificial intelligence startup plans to develop a 500 megawatt data center in Saudi Arabia with…

Alphabet Shares Soar on ‘Rave Reviews’ for New Gemini AI Model

2 days ago

Alphabet Inc. shares soared the most in two months on Wednesday as a wave of glowing reviews for the newly…

AI Startup Firebird Gets US Approval to Use Nvidia Chips in Armenian Data Center

2 days ago

The AI startup Firebird Inc. has received US government approval to export Nvidia Corp. chips to Armenia for a supercomputer…

Meta Warns of Compliance Errors as Australian Under-16 Ban Nears

2 days ago

Meta Platforms Inc. warned of significant difficulties identifying and removing underage users as it prepares to comply with Australia’s world-first…