US equity futures drifted Friday ahead of Fed Chair Kevin Warsh's Jackson Hole speech, with investors taking profits in tech after Nvidia's earnings-fueled rally. Nasdaq 100 futures fell 0.3%.
Darshan Hiranandani, chairman of Yotta Data Services, talks about the company's transformation into an AI cloud firm, growth outlook, and IPO pipeline on Bloomberg Tech: Asia.
Apple has raised the price of Apple TV+ to $14.99 per month, up from $12.99, a 50% increase since last summer. The Apple One bundle subscription price has also increased following the TV+ hike.
TechCrunch reports that venture capital firm Andreessen Horowitz has created a $1.1 billion 'Machine Age' fund to invest in the hardware behind AI, marking a shift from its traditional software focus.
Haier Smart Home reported increased demand for air conditioners from Europe and India, helping offset sluggish sales in China. The company is benefiting from heatwaves and cooling demand in those regions.
Raphael Zagury, CEO of Twenty One Capital, said he aims to build a Bitcoin-focused operating business by bringing profitable, cash-generating companies onto its balance sheet. He spoke exclusively on Bloomberg: The China Show.
Ann Prendergast, Head of EMEA and Interim Head of APAC at State Street Investment Management, discusses the investment opportunities in the ETF market, covering growth trends and regional strategies in a Bloomberg interview.
Malaysia's semiconductor industry leader raises the 2026 electrical and electronics export forecast to over $223 billion, driven by surging AI demand that exceeded earlier expectations.
Pacific Investment Management Co. warns that the flood of debt financing for AI capital expenditures is causing 'indigestion' in fixed-income markets and fueling yields. However, Pimco believes this dynamic should result in decent longer-term returns for investors.
Valterra Platinum has made an informal approach to South African miner Northam Platinum Holdings, potentially creating the world's largest platinum supplier, per Bloomberg Technology.
Mukesh Ambani's Jio Platforms, the digital and telecom arm of Reliance, has received regulatory approval for its initial public offering, clearing a key hurdle in its long-awaited plan to go public.
SoftBank is seeking a further $10 billion loan secured against its OpenAI stake, following a previous loan of the same size. The funds are intended to finance its OpenAI investment.
Stripe and Advent International abandoned their $50 billion pursuit of PayPal, causing PayPal stock to tumble. The consortium walked away from what would have been one of the largest leveraged buyouts.
Chinese chipmaker CXMT posts net profit of 77.6 billion yuan in its first earnings report since going public in July. First-half revenue soared as AI-fueled demand for memory chips drove a global shortage.
OpenAI hired Sandhya Devanathan from Meta to oversee operations across Southeast Asia and Australia. The move comes as Meta faces growing scrutiny in India and an executive leaves for the AI company.
Tencent released a foundation model that it says outperforms rivals Z.AI and Moonshot AI in internal tests. The company is positioning itself among China's top artificial intelligence players.
The art portfolio platform Cara, designed to protect creators from AI training, is working with a developer who previously scraped art for AI. They are building a tool to help artists prevent unauthorized use of their work.
A federal judge blocked the Pentagon's blacklisting of Anthropic, ruling it was retaliation for the company's views. The case underscores changing political dynamics around AI, per Bloomberg.
Venture capital firm Lightspeed expects a homegrown Indian AI model to be globally competitive and released by next year, according to Bloomberg Technology. The prediction highlights the growing AI ecosystem in India.
Any, a Belgian startup, introduces the LUV1 modular electric motorcycle designed for cargo, offering 120 liters of storage for bags, equipment, or pets.
A boutique StrictlyVC evening event on September 10 in New York features Keith Rabois, Craig Shapiro, Jason Levien, Tristan Walker, Brynn Putnam, and Deven Parekh, covering AI, sports investing, community-building, venture economics, and politics.
Indonesian stock trading app Ajaib raised $270 million in its largest tech funding round in years. Additionally, SBI bought a 20% stake for $270 million to expand its yen stablecoin in Southeast Asia.
A sanctioned Iranian cybersecurity training company announces its largest-ever recruitment class, deepening concerns about increased cyberattacks from Iran targeting the US. The firm's graduates are linked to state-sponsored hacking operations.
Wired investigates how Alpharetta, Georgia, shares Flock surveillance data with thousands of users, from federal agencies to a fish and wildlife commission, revealing the vast network.
X identified a Chinese bot farm of 200,000 accounts, with 200 specifically posting against AI data centers. The investigation reveals coordinated inauthentic activity aimed at influencing public opinion on data center development.
Ars Technica's Rocket Report covers new European government funding for launch startups and the nearing debut of the Pallas-1 rocket. Starlink missions from Florida will transition to Starship.
Quantinuum CEO Rajeeb Hazra tells Bloomberg that AI and quantum computing are complementary, and discusses the future of quantum computing, US investment, and UK investment under the Burnham administration.
Meta is pushing to deploy robots in its data centers for tasks like cable swapping and server resets, raising concerns among technicians about job displacement. The company is testing the robots as part of a broader automation push.
Pasqal Holding SA soared in its first day of trading after the quantum computing company went public in New York via a merger with a blank-check firm, outperforming other quantum companies that have recently debuted.
Some banter from the tiny show I'm at in rural upstate New York tonight (lightly condensed): "Stick around for the other bands, tip your bartender, destroy Flock cameras." Read the full story at The Verge.
A Wired investigation finds that exercising California's data access rights often results in companies sending deletion notices rather than providing the requested data, highlighting the burdensome process for consumers.
MIT Technology Review explains how virtual power plants work, aggregating home batteries, EVs, and thermostats. The guide helps readers evaluate whether joining a VPP is right for them.
Bloomberg reports that game developers use addictive design techniques in mobile games that are increasingly rated for kids, raising concerns about safety.
Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are BMO US President Aron Levine, Morgan Stanley Investment Management Senior Portfolio Manager Andrew Slimmon, Cisco President & Chief Product Officer Jeetu Patel, SentinelOne Co-Founder Tomer Weingarten, Oliver Wyman CEO Ted Moynihan, Interactive Brokers Chief Strategist Steve Sosnick, The Conference Board Chief Economist Dana Peterson, Former SEC Chair Mike Piwowar, and IMF Managing Director Kristalina Georgieva. (Source: B
Just as new data centers face growing backlash from neighboring communities, the US Environmental Protection Agency (EPA) is about to make it harder for people to weigh in on any pollution those centers create. The EPA plans to toss out a federal rule requiring public notice and an opportunity to comment when certain industrial sites […]
Given 10 benchmarks for specific misaligned behaviors, the automated systems were able to improve performance on every single one without degrading overall performance.
Kenneth Rogoff, professor of economics at Harvard University and former chief economist at the IMF, discusses the US deficit problem and why he thinks it is unlikely to be addressed until a major crisis forces voters to act. He speaks with Bloomberg's Tom Keene at the Federal Reserve’s annual conference in Jackson Hole, Wyoming. (Source: Bloomberg)
The unexpected interruption came hours before the president wrote a congratulatory post on Truth Social about the company’s most recent earnings report.
Affirm CEO Max Levchin joins Bloomberg Businessweek Daily to discuss the company's recent earnings report, including an upbeat revenue outlook as the short-term loan company sees its most profitable quarter on record. Levchin also discusses recent partnerships, e-commerce growth, and the state of the consumer, saying Affirm customers are "healthy, paying us back on time, and shopping." He speaks with Tim Stenovec and Lisa Mateo. (Source: Bloomberg)
Technical progress has encouraged a new batch of companies to jump in on the promise of profits from humanoid robots. And they're all Chinese automakers.
Neocloud Lambda has raised $1B in private debt to buy Nvidia AI chips and lease them to Microsoft. It's the latest in a string of loans, underscoring the high cost of the AI boom.
California sued the Trump administration and Golden State Wind over the federal government’s deal with the company to cancel an offshore wind project lease, alleging the transaction violated multiple federal laws.
Fraudsters are exploiting enterprise chat apps like Teams and Webex to trick Chinese victims into transferring large sums of money, fueling a wave of complaints.
Modders are trying out an unofficial version of Nvidia's DLSS 5 on Skyrim, Cyberpunk 2077, GTA V, and a bunch of other games after code for the AI upscaling tech appeared in an early-access build of NBA 2K27. Members of the RenoDX modding channel on Discord reportedly found a way to extract the DLSS "Neural […]
Bloomberg’s Tim Stenovec zeroes in on Jackson Hole after Federal Reserve Chairman Kevin Warsh delivered his first address at the Symposium. Plus, a US judge rules that the Trump administration must lift its ban on Anthropic's AI tech for federal agencies. And, a consortium of Advent and Stripe decided to abandon its pursuit of PayPal, a deal that would have ranked as one of the biggest-ever leveraged buyouts. (Source: Bloomberg)
SentinelOne co-founder, chairman and CEO Tomer Weingarten discusses earnings and AI Cybersecurity in an interview with Romaine Bostick and Emily Graffeo on "The Close." (Source: Bloomberg)
You know the person blocking your view of the concert because their phone is swaying in the air, recording the entire thing? Get ready for the unfolded version of it. This week on The Vergecast, we dive right into the big week of Apple news. First, it's the refreshed Mac Mini and Mac Studio, as […]
US military officials are set to brief a House oversight committee next week as part of lawmakers’ examination of an unusually high number of deaths by suicide among personnel of the country’s cyberwarfare unit, according to a committee spokesperson.
Meta Platforms Inc. is intensifying its public pressure campaign on TikTok and YouTube, running full-page advertisements in top newspapers across the US demanding its rivals make comparable efforts to strengthen social media protections for teens.
Cisco President and Chief Product Officer Jeetu Patel explains how artificial intelligence will benefit the education system on "Bloomberg The Close." (Source: Bloomberg)
BMO US President Aron Levine says they are seeing their clients work through many different scenarios when it comes to the integration of AI, but that there are signs of growth across many different sectors. He also gives his reaction to Fed Chair Kevin Warsh's speech at the Jackson Hole Symposium. He speaks to Romaine Bostick and Emily Graffeo on Bloomberg's 'The Close.' (Source: Bloomberg)
Lambda Inc., an AI cloud-computing provider backed by Nvidia Corp., has raised about $1 billion of private short-dated debt for computing chips tied to its collaboration with Microsoft Corp.
Rajaa Mekouar, Capnor Special Advisor to the CEO, comments on the Burnham administration's potential impact on London's investor appeal, noting positive UK investment in quantum computing and AI.
Amazon and Best Buy have the TCL QM7L mini-LED TV on sale for as low as $797.99 for the 55-inch model, a $200 discount from the usual price. We spotted scaling discounts on larger sizes as well, although Amazon already listed low stock on the 65-inch version. While OLED televisions are great for deep black […]
According to Xbox CEO Asha Sharma, Project Helix, which she announced in March as a codename for Microsoft's "next generation console" - phrasing that seemingly implied a singular device - will actually be a "family" of devices." "We've been hard at work on a great next generation and a great family of devices for Helix, […]
Apple CEO Tim Cook pledged the company will make a donation toward relief and rebuilding work in Nepal and Tibet, where flash floods and mudslides have killed hundreds.
Flock Safety's CEO is experiencing a taste of his own medicine as cities rapidly cancel contracts for the company's automated license plate readers. The backlash comes amid growing public opposition to the surveillance technology.
NASA's Nancy Grace Roman Space Telescope launched on Aug. 30, 2026, to study dark energy. Mashable provides a look at the next 100 days of the spaceflight as it prepares for science operations.
In Lanterns episode 3, 'OutKast,' the series reveals a changed origin story for John Stewart and introduces Black Mask. Showrunner Chris Mundy says the decision is tied to the termination of the Manhunters.
Google is expanding AI Overviews so some searches automatically trigger AI Mode, further pushing organic results down. The change is the latest step in Google's shift toward AI-generated answers.
The next Apple Watch Series 12 will feature changes to heart-rate monitoring and a revamp of its Fitness and Health apps, addressing a long-standing sensor shortcoming, according to new reports. The Watch Ultra 4 will also include always-on heart rate.
The Ninth Circuit Court of Appeals ruled that states can regulate prediction markets as gambling, impacting platforms like Kalshi. In related news, Kalshi banned George Santos for life over market manipulation.
TIME's 2026 list of the 100 most influential people in AI omits Nvidia CEO Jensen Huang and AMD CEO Lisa Su, with Nvidia's only representative being sustainability chief Josh Parker.
Meta permanently disabled cameras on less than 0.1% of smart glasses sold after users tampered with the privacy light. The company also introduced limits on nonconsensual recording via AI glasses to address privacy concerns.
Security researchers discovered 19 malicious Chrome and Edge extensions that steal cryptocurrency wallet data and browser credentials. Users are advised to uninstall them immediately.