Bloomberg
- All
- News
- Videos
-
AI Weather Models Show Promise in Hurricane Prediction
Early returns suggest AI is capable of eerily accurate forecast tracks even as models still need to improve their skill with other metrics.
-
Apple Faces UK Class Action Over Data Storage Allegations
Apple is accused of abusing its market dominance by making it difficult for consumers to use alternative means of storing photos, videos and other data beyond that of its own service, according to lawyers at Willkie Farr & Gallagher, who filed the suit London’s Competition Appeal Tribunal on behalf of Which? Ltd.
-
Meta Fined EUR 798 Million by EU Over Abusing Classified Ads Dominance
The European Commission ordered Meta to stop tying its classified-ads service to Facebook’s sprawling social media platform, and refrain from imposing unfair trading conditions on rival second-hand goods platforms.
-
Elon Musk Escalates Legal Feud With Sam Altman, Alleges OpenAI A "Monopolist"
Musk said in the filing that the company "has attempted to starve competitors of AI talent by aggressively recruiting employees with offers of lavish compensation and is on track to spend $1.5 billion on personnel for just 1,500 employees."
-
Stablecoin Issuer Tether Moves Into Tokenising Stocks and Bonds
The platform Hadron by Tether will allow users to convert assets into products ranging from stablecoins that are pegged to fiat to digital tokens backed by commodities or other forms of collateral.
-
Five Under-The-Radar Travel Destinations The UN Says You Should Visit
55 small, rural escapes around the world, earned a spot in the 2024 edition of UN Tourisms "Best Tourism Villages."
-
Nearly 260 Million Americans Will Be Overweight Or Obese By 2050: Study
The US overweight and obese population will rise significantly in the next quarter century if current trends continue, and new weight-loss treatments wont be sufficient to stem the tide, researchers said.
-
Lenovo Raises PC Shipments Outlook for 2025 After Strong Earnings
Lenovo’s Chief Executive Officer Yang Yuanqing raised his outlook for global shipments in 2025 to double-digit percentage growth, up from a previous forecast of five percent to 10 percent, citing demand for AI PCs and the replacement cycle facilitated by Windows 11.
-
In India's Largest Bank Loan This Year, SBI Seeks $1.25 Billion
Non-banking finance companies, or so-called shadow banks, in particular, have increasingly tapped dollar-denominated facilities amid stricter regulations at home.
-
Microsoft’s Gaming Chief Phil Spencer Is Still Open to Acquisitions After Activision Deal
Microsoft’s video-gaming chief is still looking at acquisitions and charting how to compete and partner in the markets for handheld game devices and mobile stores. Deals that add “geographic diversity,” including in Asia, might be worthwhile, Phil Spencer said in an interview.
-
Boeing To Fire 10% Workforce, 17,000 Employees Set To Be Sacked
Boeing Co. will start sending out pink slips on Wednesday to employees affected by a planned round of job cuts, a delicate balancing act between improving efficiency and keeping together a skilled workforce to help lift output again.
-
OpenAI Says US Allies Should Partner On AI To Take On China
The proposal was included in a new policy blueprint from OpenAI unveiled at an event in Washington.
-
Bob Lee's Accused Killer Says Tech Executive "Went Crazy On Me"
Technology executive Bob Lee's accused killer told a jury he acted in self-defense after Lee tried to attack him with a knife on a San Francisco street a year and a half ago, saying "he went crazy on me" after losing his temper.
-
Biden, Xi To Meet In Peru This Week As World Leaders Shift Focus To Trump
US President Joe Biden will meet his Chinese counterpart, Xi Jinping, in Peru on Saturday for the last of three in-person sit-downs between the leaders during the US president's term in office.
-
Netflix Says 70 Million Users Now Watch Shows With Advertising
More than 50 percent of new subscribers are opting for Netflix’s ad-supported plan in the countries where it is available. Netflix has priced its advertising-supported plan as a less-expensive alternative for cost-conscious users.
-
AI Weather Models Show Promise in Hurricane Prediction
Early returns suggest AI is capable of eerily accurate forecast tracks even as models still need to improve their skill with other metrics.
-
Apple Faces UK Class Action Over Data Storage Allegations
Apple is accused of abusing its market dominance by making it difficult for consumers to use alternative means of storing photos, videos and other data beyond that of its own service, according to lawyers at Willkie Farr & Gallagher, who filed the suit London’s Competition Appeal Tribunal on behalf of Which? Ltd.
-
Meta Fined EUR 798 Million by EU Over Abusing Classified Ads Dominance
The European Commission ordered Meta to stop tying its classified-ads service to Facebook’s sprawling social media platform, and refrain from imposing unfair trading conditions on rival second-hand goods platforms.
-
Elon Musk Escalates Legal Feud With Sam Altman, Alleges OpenAI A "Monopolist"
Musk said in the filing that the company "has attempted to starve competitors of AI talent by aggressively recruiting employees with offers of lavish compensation and is on track to spend $1.5 billion on personnel for just 1,500 employees."
-
Stablecoin Issuer Tether Moves Into Tokenising Stocks and Bonds
The platform Hadron by Tether will allow users to convert assets into products ranging from stablecoins that are pegged to fiat to digital tokens backed by commodities or other forms of collateral.
-
Five Under-The-Radar Travel Destinations The UN Says You Should Visit
55 small, rural escapes around the world, earned a spot in the 2024 edition of UN Tourisms "Best Tourism Villages."
-
Nearly 260 Million Americans Will Be Overweight Or Obese By 2050: Study
The US overweight and obese population will rise significantly in the next quarter century if current trends continue, and new weight-loss treatments wont be sufficient to stem the tide, researchers said.
-
Lenovo Raises PC Shipments Outlook for 2025 After Strong Earnings
Lenovo’s Chief Executive Officer Yang Yuanqing raised his outlook for global shipments in 2025 to double-digit percentage growth, up from a previous forecast of five percent to 10 percent, citing demand for AI PCs and the replacement cycle facilitated by Windows 11.
-
In India's Largest Bank Loan This Year, SBI Seeks $1.25 Billion
Non-banking finance companies, or so-called shadow banks, in particular, have increasingly tapped dollar-denominated facilities amid stricter regulations at home.
-
Microsoft’s Gaming Chief Phil Spencer Is Still Open to Acquisitions After Activision Deal
Microsoft’s video-gaming chief is still looking at acquisitions and charting how to compete and partner in the markets for handheld game devices and mobile stores. Deals that add “geographic diversity,” including in Asia, might be worthwhile, Phil Spencer said in an interview.
-
Boeing To Fire 10% Workforce, 17,000 Employees Set To Be Sacked
Boeing Co. will start sending out pink slips on Wednesday to employees affected by a planned round of job cuts, a delicate balancing act between improving efficiency and keeping together a skilled workforce to help lift output again.
-
OpenAI Says US Allies Should Partner On AI To Take On China
The proposal was included in a new policy blueprint from OpenAI unveiled at an event in Washington.
-
Bob Lee's Accused Killer Says Tech Executive "Went Crazy On Me"
Technology executive Bob Lee's accused killer told a jury he acted in self-defense after Lee tried to attack him with a knife on a San Francisco street a year and a half ago, saying "he went crazy on me" after losing his temper.
-
Biden, Xi To Meet In Peru This Week As World Leaders Shift Focus To Trump
US President Joe Biden will meet his Chinese counterpart, Xi Jinping, in Peru on Saturday for the last of three in-person sit-downs between the leaders during the US president's term in office.
-
Netflix Says 70 Million Users Now Watch Shows With Advertising
More than 50 percent of new subscribers are opting for Netflix’s ad-supported plan in the countries where it is available. Netflix has priced its advertising-supported plan as a less-expensive alternative for cost-conscious users.
