Bloomberg Technology
Singapore equities are among the world's best performers as strong economic growth, resilient bank earnings and a stronger Singapore dollar attract investors. While some fund managers see further upside, others warn valuations have become increasingly stretched after a multi-year rally. (Source: Bloomberg)
The next generation of chief executives will need to spend more time building flexible organizations as the deployment of artificial intelligence rapidly reshapes how companies do business, according to Harvard Business School Professor Linda Hill.
CXMT Corp.’s ascent to the pinnacle of Chinese markets heralds a potentially consequential shift away from private-sector giants toward a new generation of hardware companies more closely aligned with Beijing’s strategic ambitions.
Alibaba Group Holding Ltd. is selling its gaming arm in a deal worth at least $1.5 billion that will boost the Chinese e-commerce leader’s pivot to AI.
Nandalal Weerasinghe, Governor at the Central Bank of Sri Lanka, says inflation will slow back toward the central bank’s target of 5% over the second half of this year and into next year. He speaks with Haidi Stroud-Watts and Paul Allen on Bloomberg: The Asia Trade. (Source: Bloomberg)
Alphabet Inc. hired banks for what would be a debut offering of Australian dollar bonds, as US tech firms flood credit markets with debt to fund investments in AI.
A Japanese company known for a game app based around virtual teen idols filed for bankruptcy, the latest in a wave of corporate failures that climbed to the most in 12 years as inflation and worker shortages hit weaker firms.
Aaron Kaufman used to meet his lofty daily protein goals — a gram for each pound he weighs — with ground beef.
Alex Cooper is leaving her long-time talent agent for CAA after raising money to expand her business
Stripe Inc. has finalized an agreement to acquire OpenRouter Inc., a startup that helps companies switch between artificial intelligence models, for more than $7 billion, according to people familiar with the matter.
California Attorney General Rob Bonta joins Bloomberg This Weekend and calls the landmark youth safety case against Meta a “tobacco moment,” alleging the company knowingly designed Facebook and Instagram features that harmed children and put profit ahead of their safety. Bonta tells hosts Joe Mathieu and Carol Massar the states are seeking financial penalties as well as changes to Meta’s products,…
Meta faces a landmark federal trial brought by 29 states over allegations that Facebook and Instagram were deliberately designed to addict young users and that the company improperly collected children’s data. Bloomberg News Tech Reporter Alexandra Levine joins Joe Mathieu and Carol Massar on Bloomberg This Weekend to explain that the case could expose Meta to substantial penalties and potentially…
Alibaba Group Holding Ltd., Baidu Inc. and Kuaishou Technology are the next big names in tech that will have to address concerns over the mounting financial costs needed to sustain intense AI competition.
