Bloomberg News
- All
- News
- Videos
-
Microsoft Signs AI-Learning Deal With News Corp.’s HarperCollins
Microsoft reached a deal with News Corp.’s HarperCollins that will allow the software company to use nonfiction titles from the book publisher to train its Artificial Intelligence models, according to a person familiar with the matter. The company isn’t planning to use the content to generate new books without human authors, the person said.
-
SpaceX Launches Starship Rocket as US President-Elect Donald Trump and Elon Musk Look On
SpaceX achieved new feats during the sixth major test launch of its Starship system but nixed an eagerly anticipated midair “catch” of the rocket’s booster. Starship appeared to survive the reentry, moving its exterior flaps to help guide its descent, though some showed signs of burn and slight damage.
-
Putin Plans First India Visit Since His War in Ukraine Began
Russian President Vladimir Putin plans to visit India for the first time since he ordered the 2022 invasion of Ukraine, a further sign of that US-led efforts to isolate him on the world stage are failing.
-
Adani To Buy PSP Stake To Boost Construction Arm
Billionaire Gautam Adani agreed to buy a stake in PSP Projects Ltd. as his ports-to-power conglomerate seeks to enhance its engineering and construction capabilities to execute infrastructure projects.
-
Apple Said to Offer $100 Million to Undo Indonesia iPhone 16 Ban
After Apple submitted its increased offer, Indonesia’s Ministry of Industry, which last month blocked a permit allowing the sale of the iPhone 16, is now demanding that the technology behemoth alter its investment plans to focus more on research and development for its smartphones in the country, the people said.
-
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.
-
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.
-
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.
-
Meta Pushes Back Against FTC Effort to Toughen Privacy Order
A Meta lawyer told the FTC’s five commissioners at a hearing Tuesday that the consumer protection agency doesn’t have authority to modify the agreement without the company’s consent.
-
Apple Gets EU Warning to Stop Geo-Blocking on App, ITunes Stores
Apple's App Store, iTunes Store and other media services unlawfully discriminate against European customers based on their place of residence, according to a European Commission statement on Tuesday.
-
Cryptocurrency Mixer Bitcoin Fog Convicted of Crypto Money Laundering
Prosecutors said Bitcoin Fog processed more than $400 million in untraceable transactions, including $78 million involving known darknet markets. Defense lawyer Tor Ekeland called the verdict “disappointing” and said they will appeal.
-
Baidu Readies AI Smart Glasses to Rival Meta’s Ray-Bans
Baidu will be unveiling a pair of glasses with a built-in AI assistant, putting up a Chinese rival to the Meta Ray-Bans. Through these glasses the company is looking at a new way for users to connect to a suite of products such as Baidu Maps and its online encyclopedia, Baike.
-
Meta Says App Stores Should Police Australia Under-16 Social Media Ban
Australia will impose a ban on social media for people aged under 16 despite calls by Meta Platforms for it to consider shifting responsibility for policing. The legislation will be brought before parliament in the week beginning November 18.
-
Apple to Offer Extra Indonesia Investment to Remove iPhone Ban
Apple has proposed investing almost $10 million to make additional goods in Indonesia. The ministry is deliberating on the proposal, which isn’t final and may be subject to change, and is expected to reach a decision shortly, the people said.
-
Microsoft Signs AI-Learning Deal With News Corp.’s HarperCollins
Microsoft reached a deal with News Corp.’s HarperCollins that will allow the software company to use nonfiction titles from the book publisher to train its Artificial Intelligence models, according to a person familiar with the matter. The company isn’t planning to use the content to generate new books without human authors, the person said.
-
SpaceX Launches Starship Rocket as US President-Elect Donald Trump and Elon Musk Look On
SpaceX achieved new feats during the sixth major test launch of its Starship system but nixed an eagerly anticipated midair “catch” of the rocket’s booster. Starship appeared to survive the reentry, moving its exterior flaps to help guide its descent, though some showed signs of burn and slight damage.
-
Putin Plans First India Visit Since His War in Ukraine Began
Russian President Vladimir Putin plans to visit India for the first time since he ordered the 2022 invasion of Ukraine, a further sign of that US-led efforts to isolate him on the world stage are failing.
-
Adani To Buy PSP Stake To Boost Construction Arm
Billionaire Gautam Adani agreed to buy a stake in PSP Projects Ltd. as his ports-to-power conglomerate seeks to enhance its engineering and construction capabilities to execute infrastructure projects.
-
Apple Said to Offer $100 Million to Undo Indonesia iPhone 16 Ban
After Apple submitted its increased offer, Indonesia’s Ministry of Industry, which last month blocked a permit allowing the sale of the iPhone 16, is now demanding that the technology behemoth alter its investment plans to focus more on research and development for its smartphones in the country, the people said.
-
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.
-
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.
-
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.
-
Meta Pushes Back Against FTC Effort to Toughen Privacy Order
A Meta lawyer told the FTC’s five commissioners at a hearing Tuesday that the consumer protection agency doesn’t have authority to modify the agreement without the company’s consent.
-
Apple Gets EU Warning to Stop Geo-Blocking on App, ITunes Stores
Apple's App Store, iTunes Store and other media services unlawfully discriminate against European customers based on their place of residence, according to a European Commission statement on Tuesday.
-
Cryptocurrency Mixer Bitcoin Fog Convicted of Crypto Money Laundering
Prosecutors said Bitcoin Fog processed more than $400 million in untraceable transactions, including $78 million involving known darknet markets. Defense lawyer Tor Ekeland called the verdict “disappointing” and said they will appeal.
-
Baidu Readies AI Smart Glasses to Rival Meta’s Ray-Bans
Baidu will be unveiling a pair of glasses with a built-in AI assistant, putting up a Chinese rival to the Meta Ray-Bans. Through these glasses the company is looking at a new way for users to connect to a suite of products such as Baidu Maps and its online encyclopedia, Baike.
-
Meta Says App Stores Should Police Australia Under-16 Social Media Ban
Australia will impose a ban on social media for people aged under 16 despite calls by Meta Platforms for it to consider shifting responsibility for policing. The legislation will be brought before parliament in the week beginning November 18.
-
Apple to Offer Extra Indonesia Investment to Remove iPhone Ban
Apple has proposed investing almost $10 million to make additional goods in Indonesia. The ministry is deliberating on the proposal, which isn’t final and may be subject to change, and is expected to reach a decision shortly, the people said.
