Technology

News and insights on the newest tech, innovations, and digital breakthroughs.

Technology

Anthropic, the Pentagon, and the Future of Autonomous Weapons

How AI will reshape warfare.

Technology

Wall Street Reels as Iran War Shatters Its Portfolio Defenses

Market declines sparked by the Iran war are morphing into a full-blown rout across Wall Street. Efforts to broker an end to the fighting and restart the flow of Middle East oil produced only further escalation, which in turn fueled an ever-greater sense of dread in markets. The Nasdaq 100 fell 1.9% on Friday alone and sank into correction; the S&P 500 slipped for a fifth week, capping its longest losing streak since 2022; bonds fell, pushing the benchmark 30-year yield towards 5%; and Bitcoin is at about half its pre-war peak. The bond selloff has been driven not only by rising inflation expectations but also by a repricing of what central banks intend to do next, a shift playing out from Washington to Frankfurt to Tokyo. Kathy Jones, Chief Fixed Income Strategist at Schwab Center for Financial Research, joins Bloomberg Businessweek Daily to discuss. She speaks with Tim Stenovec and Isabelle Lee. (Source: Bloomberg)

Technology

The Startup Selling Full-Body Scans as the Future of Health Care

Step into the machine at Neko Health or one of its rivals to check for skin cancer, diabetes or stroke risk. Is this the next frontier in preventative health care, or something your primary care physician would rather you avoid?

Technology

Antitrust Agencies Should Be Wary of AI Scrutiny, Official Says

The market for artificial intelligence is competitive, evolving rapidly, and antitrust enforcers should be wary of intervening, a senior White House official said.

Technology

Private Credit Flows Falter Amid Defaults, AI Disruption Fears

Private credit fund inflows in the first two month of this year dropped by more than a third as investors grew concerned about high-profile leveraged loan defaults and software disruption, according to Morningstar Direct.

Technology

Meta slashes roughly 700 jobs; layoffs hit multiple teams across the company

The latest job cuts at Meta hit areas like Reality Labs and social media teams as the company seeks greater cost control amid heavy spending on AI infrastructure.

Technology

Prologis CEO Sees Prolonged AI, Data Center Tailwinds

Prologis CEO Dan Letter joins Bloomberg Businessweek Daily to discuss the state of global logistics and shipping as geopolitics and associated risk impacts the firm's customer base. However, Prologis is optimistic about its data center business. Letter says the company's strong relationship with hyperscalers is ongoing, bolstering "a fortress of a balance sheet" as Prologis continues to secure longer-term power capacity. Letter speaks with Carol Massar and Tim Stenovec. (Source: Bloomberg)

Technology

Jury finds Meta, Google liable in landmark social media addiction trial, awards more than $6M in damages

Los Angeles jury delivers verdict in landmark case accusing Meta and YouTube of designing platforms to addict young users, setting major precedent.

Technology

US bans new foreign-made consumer internet routers over security concerns

The FCC is banning the import of all new foreign-made consumer routers over cybersecurity concerns amid a broader crackdown on Chinese-made electronic devices.

Technology

Ex-Houlihan Tech Bankers Launch Digital Infrastructure Fund

Two London-based technology bankers at Houlihan Lokey Inc. have left the advisory firm to launch a fund investing in the booming market for digital infrastructure.

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Anthropic, the Pentagon, and the Future of Autonomous Weapons

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Trump Repeats Call to Fully Open Strait of Hormuz

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Wall Street Reels as Iran War Shatters Its Portfolio Defenses

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Larry Fink calls for Social Security reform, says investing a portion of funds could strengthen the program

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IRS refund tracker explained: What you need to know before this year’s tax filing deadline

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