China Draws Red Lines on US Chip Tracking With Nvidia Meeting

10 hours ago

As the US and China look for any sort of leverage in a prolonged trade fight, Beijing sees an opportunity…

Chinese Robot Stocks Climb After Unitree Teases a Mechanical Dog

12 hours ago

Chinese robotics shares charted new highs after up-and-coming startup Unitree released a video of a mechanical dog scaling slopes, spinning…

The AI Showdown: How the US and China Stack Up

12 hours ago

The technology, the state, the strategy and the money: Here’s how the two economic superpowers are vying for AI domination. 

India Sees IPO Surge Ahead of Key Financial Disclosure Deadline

14 hours ago

Indian companies are making a last-minute dash to the public markets, aiming to attract global investors before a key deadline.

OpenAI in Talks for Share Sale Valuing Startup at $500 Billion

15 hours ago

OpenAI is in early talks about a potential secondary sale of stock for current and former employees at a valuation…

Former Miami Heat Worker Stole LeBron Jersey Worth Millions, US Says

18 hours ago

A former Miami Heat employee was charged with stealing hundreds of pieces of memorabilia and selling it online, including a…

US Considers More Chip Tariffs | Bloomberg Tech 8/5/2025

19 hours ago

Bloomberg’s Caroline Hyde and Ed Ludlow discuss President Donald Trump’s comments that more chip tariffs may be coming soon. Plus,…

AMD Forecast Shows Lingering Impact of China Export Restrictions

20 hours ago

Advanced Micro Devices Inc., the second-largest maker of AI accelerator chips, gave a stronger-than-expected sales forecast for the current period…

Super Micro Falls After Cutting Sales Forecast on Delayed Demand

20 hours ago

Super Micro Computer Inc. shares dropped after lowering its fiscal year sales forecast, suggesting the company continues to face uneven…

MercadoLibre Shares Recover as Investors Shake Off Profit Miss

20 hours ago

MercadoLibre Inc. investors brushed off a second-quarter report that missed estimates for profit, betting on the Latin American e-commerce giant’s…

Snap Second-Quarter Sales Fall Short on Advertising Glitch

20 hours ago

Snap Inc. reported second-quarter sales that were shy of Wall Street’s average estimates as the company, owner of the Snapchat…

Match Pledges $50 Million Investment Following Rosy Outlook

20 hours ago

Match Group Inc. provided a better-than-expected third-quarter sales forecast and pledged to invest $50 million in product development, suggesting the…

Opendoor CEO Wants to Make The Most of Meme-Stock Moment

20 hours ago

Opendoor Technologies Inc. was nursing years of losses and grappling with a potential delisting when it became a meme stock.…

Drilling to Slow in Argentina’s Vaca Muerta Shale, YPF CEO Says

20 hours ago

Oil-drilling activity in Argentina’s Vaca Muerta shale patch is set to weaken in the near term as companies restrain spending,…

US Charges Chinese Nationals With Nvidia Chips Export Breach

21 hours ago

Two Chinese nationals were arrested this week on charges that they sent tens of millions of dollars worth of advanced…

Roku Debuts $2.99-a-Month Ad-Free Video Service Targeting Cost-Weary Users

22 hours ago

Roku Inc. introduced a new subscription video service that offers ad-free content to owners of the company’s streaming boxes and…

British Tech Unicorn Quantexa Eyes IPO as Soon as 2026

22 hours ago

British data and analytics software startup Quantexa is considering an initial public offering as soon as the second half of…

Amazon Will Offer OpenAI Models to Customers for First Time

22 hours ago

Amazon.com Inc. plans to make OpenAI’s new open artificial intelligence models available to customers, the first time the cloud computing…

OpenAI Releases Open-Weight Models After DeepSeek’s Success

23 hours ago

OpenAI is releasing a pair of open and freely available artificial intelligence models that can mimic the human process of…

Anthropic Unveils More Powerful AI Model Ahead of Rival GPT-5 Release

23 hours ago

Anthropic is releasing a new version of its most powerful artificial intelligence model as rival OpenAI nears the long-awaited launch of…

US to Ease Long-Range Drone Rules in Boon for Walmart, Alphabet

1 day ago

The Trump administration proposed a rule to allow more commercial drones to fly beyond an operator’s visual line of sight,…

Sonos Acknowledges ‘Very Low’ Number of Overheating Roam Speakers

1 day ago

Sonos Inc. acknowledged a “very low” number of complaints from customers who claim the audio brand’s first-generation Roam speaker has…

Hacked Columbia University Data Includes Banking Numbers, GPAs

1 day ago

The financial information and academic performance of Columbia University students and alumni were stolen in a recent breach, according to…

VC Eclipse Hires T. Rowe Veteran Fath After Tesla, Rivian Bets

1 day ago

Eclipse, a venture capital firm focused on startups in real-world industries like manufacturing, has hired longtime T. Rowe Price Group…

OpenAI, Google and Anthropic Win US Approval for Civilian AI Contracts

1 day ago

The US government’s central purchasing arm is adding OpenAI, Alphabet Inc.’s Google and Anthropic to a list of approved artificial…

AI Brings Peril and Promise to Indian IT as Jobs Face Disruption

1 day ago

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

VC Firm Raises Cash From 150 Alumni From Palantir, SpaceX

1 day ago

Forward Deployed Venture Capital has tapped current and former employees of like-minded tech companies for its latest fund. 

What Are VPNs And Will They Undermine Online Safety Rules?

1 day ago

Apps that disguise a user’s location have surged in popularity after the UK introduced age-verification rules as part of its…

Abu Dhabi’s MGX Weighs Raising Billions for AI Investment Fund

1 day ago

Abu Dhabi-based MGX is considering plans to raise billions of dollars in third-party capital as it looks to ramp up…

AMD Under Pressure to Show AI Gains With Stock Beating Nvidia

1 day ago

Advanced Micro Devices Inc. earnings are expected to show the chipmaker is increasingly benefiting from the artificial intelligence arms race.…

Alibaba to Shut Costco-Like China Stores After Rivalry Heats Up

1 day ago

Alibaba Group Holding Ltd. plans to gradually wind down the last of its Costco-like members-only stores, underscoring its retreat from…

What’s the De Minimis Tariff Loophole and Why Is Trump Closing It?

1 day ago

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

Nvidia Partner Hon Hai’s July Sales Growth Weakened by Tariffs

1 day ago

Nvidia Corp.’s main server assembly partner Hon Hai Precision Industry Co.’s sales growth slowed in July compared to previous few…

TNG Digital Becomes Unicorn in Malaysia, Mulls IPO, CIMB Says

1 day ago

TNG Digital Sdn, Malaysia’s largest fintech company, has reached unicorn status and will weigh an initial public offering, according to…

McKinsey Alumni-Founded Dubai Fintech Rides Mideast Startup Boom

1 day ago

A Dubai-based fintech founded by two former McKinsey & Co. consultants has raised $48 million, underscoring continued investor confidence in…

Tencent-Led Round Values Uzbek Fintech Uzum at $1.5 Billion

1 day ago

Tencent Holdings Ltd. and VR Capital Group led an equity financing round into Uzum that values the Uzbek fintech and…

TSMC Discovers Potential Leak of Advanced Chipmaking Tech

1 day ago

Taiwan Semiconductor Manufacturing Co. has discovered a possible leak of trade secrets related to its advanced chipmaking techniques, and has…

China Neuralink Rival Seeks Pre-IPO Funds at $1.3 Billion Value

1 day ago

BrainCo, a startup aiming to compete with Elon Musk’s Neuralink, is in talks to raise funds at a valuation of…

Infineon Sees Current Quarter Sales Flat as Tariffs Impact Muted

1 day ago

German auto chipmaker Infineon Technologies AG expects flat sales in the current fiscal quarter, as uncertainties about tariffs continue to…

Dronemaker Destinus to Buy AI Aviation Firm for $223 Million

1 day ago

Destinus, a drone startup that supplies weapons to Ukraine, is planning to buy a Swiss company that develops autopilot systems for…

SoftBank Builds Nvidia, TSMC Stakes Under Son’s Focus on AI Gear

2 days ago

SoftBank Group Corp. is building up stakes in Nvidia Corp. and Taiwan Semiconductor Manufacturing Co., the latest reflection of Masayoshi…

Indonesia Police Detain Ex-EFishery CEO Who Faked Data, Two Others

2 days ago

Indonesian police have detained the co-founder and former chief executive officer of eFishery, who has previously admitted faking financial information…

US Explores Better Location Trackers for AI Chips, Official Says

2 days ago

The US is exploring ways to equip chips with better location-tracking capabilities, a senior official said, underscoring Washington’s effort to…

Shale CEO Says Oil Markets Are in for Bearish Crude-Supply Flood

2 days ago

The largest independent Permian Basin oil driller is warning of a bearish influx of crude supplies to global markets in…

Joby to Buy Blade’s Helicopter Ride-Share Business | Bloomberg Tech 8/4/2025

2 days ago

Bloomberg’s Caroline Hyde and Ed Ludlow discuss Tesla’s approval of a $30 billion interim stock award for Elon Musk. Plus,…

Broadcom Chip to Help Power AI by Linking Up Smaller Data Centers

2 days ago

A new router shares larger volumes of data across more than 100 kilometers

MercadoLibre Falls Short on Profit Despite Brazil Sales Surge

2 days ago

MercadoLibre Inc.’s shares fell after the e-commerce giant missed analysts’ estimates for net income, overshadowing a jump in revenue from…

Palantir Reports Sales Up 48%, Cites ‘Astonishing’ AI Impact

2 days ago

Palantir Technologies Inc. reported a 48% increase in revenue for the second quarter to more than $1 billion, citing the…

CuspAI in Talks to Raise $100 Million to Discover New Materials

2 days ago

British startup CuspAI is in talks to raise more than $100 million in funding to support its goal of using…

Michael Saylor’s Strategy Makes Its Third-Largest Bitcoin Purchase Ever

2 days ago

Michael Saylor’s Bitcoin juggernaut is at it again, buying near the highs with the kind of capital-markets firepower no other…

Space Technology Firm Firefly Raises IPO Target to $697 Million

2 days ago

Firefly Aerospace Inc. increased the potential size of its initial public offering to as much as $697 million.

Texas Approves $216 Million Loan for NRG’s New Houston Gas-Fired Power Plant

2 days ago

NRG Energy Inc. received a $216 million, low-interest loan from the state-run Texas Energy Fund to build a new power…

Palantir’s 525% Stock Surge Makes CTO Shyam Sankar the Firm’s Fifth Billionaire

2 days ago

Palantir Technologies Inc.’s unstoppable rally the past year has yielded more than sixfold gains for investors, and created monumental wealth…

Amazon to Shut Down Wondery Podcast Studio, Reorganize Audio Business

2 days ago

As podcasting becomes video-oriented, Amazon is shuffling Wondery into Audible and a new “creator services” team while cutting approximately 110…

Spotify Shares Jump After Company Announces Price Hikes

2 days ago

Spotify Technology SA shares gained in premarket trading after the company announced it’s raising premium subscription prices across many markets…

Lyft Partners With Baidu on Robotaxis in European Expansion

2 days ago

Lyft Inc. said it’s partnering with China’s Baidu Inc. to launch autonomous vehicles in Europe starting next year, an agreement…

Amphenol to Buy CommScope’s Broadband Unit for $10.5 Billion

2 days ago

CommScope Holding Co. reached a deal to sell its broadband and cable equipment arm to Amphenol Corp. for about $10.5…

AMD’s Su Faces Pressure of Investors’ High Expectations

2 days ago

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

What Happens to AI Startups When Their Founders Jump Ship for Big Tech

2 days ago

So-called reverse acquihires have left once-promising startups stranded, with remaining employees left to figure out what to do next.

Nvidia Partner Hon Hai to Expand AI Server Assembly in the US

2 days ago

Hon Hai Precision Industry Co. has agreed to sell an EV plant in Ohio for $375 million, under an arrangement…

Tesla Approves $30 Billion Stock Award for CEO Elon Musk

2 days ago

Tesla Inc. approved an interim stock award worth about $30 billion for Chief Executive Officer Elon Musk and said it…

Palantir’s Ultra-Expensive Valuation Sparks Worry Into Results

2 days ago

The setup ahead of Palantir Technologies Inc. earnings is a familiar one: The stock is near a record high and…

Cyber Firm Armis Hits $300 Million in Annual Revenue on IPO Path

2 days ago

Armis, the cybersecurity startup eyeing an initial public offering in 2026, has reached $300 million in annual recurring revenue, Chief…

AI Flight Pricing Can Push Travelers to the Limit of Their Ability to Pay

2 days ago

Airlines, including Delta, are testing artificial intelligence in pricing. Get ready for what one startup calls the “exploitation phase.”

GIC Buys 25% Stake in Masorange-Zegona Broadband Joint Venture

2 days ago

Singapore’s sovereign wealth fund GIC Pte. has agreed to buy a 25% stake in a fiber joint venture owned by…

Xiaomi Unveils New AI Voice Model to Boost Auto, Home Tech

2 days ago

Xiaomi Corp. on Monday released an open-source voice model to complement its automotive and home appliance technologies, further heating up…

Amphenol Nears Deal to Buy CommScope’s Broadband Unit, WSJ Says

3 days ago

Amphenol Corp. is nearing an acquisition of CommScope Holding’s broadband connectivity arm in a deal valued at roughly $10.5 billion…

Apple’s New ‘Answers’ Team Eyes ChatGPT-Like Product in AI Push

3 days ago

Apple has a new “Answers” team developing a stripped-down rival to ChatGPT to help users access world knowledge. Also: An…

Big Tech Earnings Strength Is Bright Light in Murky Stock Market

4 days ago

Wall Street had a lot riding on whether this week’s big-tech earnings would meet increasingly high expectations. By and large,…

Berkshire Hathaway Sells $1.21 Billion of VeriSign Shares

5 days ago

Berkshire Hathaway and Warren E Buffett reported an insider transaction in VeriSign Inc. stock to the US Securities and Exchange…

Trump Momentum Drives Stablecoin Urgency in Asian Financial Hubs

5 days ago

Asian markets are hurriedly updating their stablecoin rules as President Donald Trump’s embrace of US dollar-pegged cryptocurrencies instills a fresh…

Apple CEO Tells Staff AI Is ‘Ours to Grab’ in Hourlong Pep Talk

5 days ago

Apple Inc. Chief Executive Officer Tim Cook, holding a rare all-hands meeting following earnings results, rallied employees around the company’s…

Big Tech’s Big Earnings Week | Bloomberg Tech 8/1/2025

5 days ago

Bloomberg’s Caroline Hyde and Ed Ludlow discuss how Big Tech earnings and changes to President Donald Trump’s tariff plans are…

Starbucks Plans Kiosks to Cut Long Lines at Airport Locations

5 days ago

Starbucks Corp. is working on adding ordering kiosks to busy locations in the US that cater to on-the-go customers.

Next ‘BioShock’ Game Changes Leaders After Development Turmoil

5 days ago

The fourth game in the ‘BioShock’ series has been in development for more than a decade

Fujifilm Raises Camera and Lens Prices in the US Amid Tariffs

5 days ago

Fujifilm Holdings Corp. raised US prices for the majority of its digital cameras and lenses on Friday, in some cases by…

Revoked West Point Job Highlights Pressure on US Cyber Officials

5 days ago

Airbnb Touts Good Talks With NYC Mayor Candidates on Rental Ban

5 days ago

After pouring more than $1 million into New York’s mayoral race, Airbnb Inc. said it’s having “really good conversations” with…

Nintendo to Raise US Pricing of Original Switch Hardware

5 days ago

Some accessories, including for the Switch 2, will see price changes

The Industry’s Rush to $80 Video Games Has Stalled — For Now

5 days ago

Publishers trying to sell video games at a newly elevated price point have not found success just yet. Will they…

Big Tech’s Big Bet on AI Driving $344 Billion in Spend This Year

5 days ago

If there’s any lesson to take from the spending plans issued by the world’s largest technology companies over the past…

China State Media Asks Nvidia to Prove H20 Chips Are Secure

5 days ago

China state media is calling for Nvidia Corp. to prove that its H20 chip is secure, saying it can’t allow…

Oil Majors Win $4.2 Billion Sulfur Dispute in Kazakh Court

5 days ago

Partners in Kazakhstan’s second-largest oil field won a case in a local court over environmental fine that could have exceeded…

Figma Whipsaws in Second Trading Day After 250% Debut Gain

5 days ago

Figma Inc. shares were volatile in their second trading day, rising as much as 333% above the initial public offering…

Singapore’s GIC Leads Bidding for Stake in Spanish Broadband Joint Venture

5 days ago

Singapore’s GIC Pte has emerged as the leading bidder for a significant minority stake in a fiber-optic broadband network venture…

General Atlantic, Oakley Said to Near €1 Billion Deal for Brevo

5 days ago

A consortium consisting of General Atlantic and Oakley Capital is nearing a deal to buy Brevo in a deal that…

Japan’s Popular Chiikawa Understands Our Modern Anxieties

5 days ago

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

What Happens When AI Schemes Against Us

5 days ago

Models are getting better at winning, but not necessarily at following the rules