Bloomberg News
- All
- News
- Videos
-
Microsoft Planning Thousands More Job Cuts Aimed at Salespeople
Microsoft is planning to axe thousands of jobs particularly in sales. The cuts are expected to be announced early next month, following the end of Microsoft’s fiscal year, according to people familiar with the matter.
-
Coinbase Launches Stablecoin Payments Service for E-Commerce
Coinbase is launching a platform designed to make stablecoins a go-to payment method for online transactions. The payments initiative could help add new sources of revenue, according to Mark Palmer, analyst at Benchmark.
-
Microsoft Planning Thousands Of Job Cuts: Report
Microsoft is planning to cut thousands of jobs, particularly in sales, as the tech giant streamlines its workforce amid increased investments in artificial intelligence, Bloomberg News reported on Wednesday, citing people familiar with the matter.
-
This Low-Tech Solution Cut Ship Emissions By Up To 24%
During the pandemic, as many as 100 giant container ships would idle off the Southern California coast, belching pollutants as they waited for a berth to unload cargo at the twin ports of Los Angeles and Long Beach.
-
World's 'Most Livable Cities' Now Face Security Risks
Copenhagen rose to first place in a global livability ranking, after security concerns nudged down other cities in Western Europe.
-
Google’s Plan to Buy Security Firm Wiz Gets Antitrust Review
The Justice Department's antitrust officials are examining whether Google's proposed $32 billion (roughly Rs. 2,75,441 crore) purchase of cybersecurity firm Wiz could unlawfully restrict market competition. The review, which is in its early stages, could last months more. It will ultimately determine whether US officials let the deal proceed.
-
Yahoo Adds New AI Features to Mail App in Attempt to Up Usage
Yahoo is rolling out new AI features for its email platform. A new gamified “Catch Up” feature will provide AI-powered summaries and email previews to give users the option to “delete” or “keep in inbox.”
-
RFK Jr.s New Vaccine Panel Includes Self-Proclaimed Anti-Vaxxer
Health and Human Services Secretary Robert F. Kennedy Jr. announced eight new members of an expert panel that advises the federal government on immunization policy, including several vocal vaccine critics and one who identifies as an "anti-vaxxer."
-
US Envoy Says He Does Not Think Palestinian State Is US Policy Goal: Report
US Ambassador to Israel Mike Huckabee said he did not think that an independent Palestinian state remains a goal of US foreign policy, according to an interview with Bloomberg News released on Tuesday.
-
South Korea’s Ruling Party Unveils Plan to Allow Stablecoins
South Korea's newly elected President, Lee Jae-myung plans to permit local companies to issue stablecoins in South Korea. The country is already a hotbed for crypto activity. More than a third of the population, or around 18 million people, participate in digital-asset markets.
-
Sam Altman’s Eyeball-Scanning Identification Tech Expands to UK
Sam Altman's Tools for Humanity is rolling out its eyeball-scanning Orb devices to the UK. The spherical Orbs will be at dedicated premises in shopping malls and on high streets, said Damien Kieran, chief legal and privacy officer at Tools for Humanity.
-
Meta Set to Throw Billions at Startup That Leads AI Data Market
Meta is in talks to make a multibillion-dollar investment in Scale AI. The financing may exceed $10 billion (roughly Rs. 85,533 crore) in value, making it one of the largest private company funding events of all time.
-
Head Of Tesla's Optimus Humanoid Robot Program To Exit Firm: Report
The head of Tesla's Optimus program, Milan Kovac, is leaving the company, casting uncertainty over chief executive Elon Musk's humanoid robot project, Bloomberg News reported on Friday, citing a person familiar with the matter.
-
Tesla Shares Fall 14% Amid Trump-Musk Feud. What's Next
For months, Tesla shareholders were tormented by Elon Musk's role in the Trump administrationTrump. But any relief brought by his formal government exit last week quickly turned to fear as the EV maker's chief executive traded barbs with former boss.
-
Hyundai, Kia Sell Stake in Ola Electric, Exacerbating Share Slump
South Korean automakers Hyundai Motor and Kia sold about 136 million shares in Ola Electric Mobility on Tuesday. While Hyundai offloaded 108.8 million shares at an average price of 50.7 rupees (59 cents), Kia sold 27.17 million shares at 50.55 rupees a share. Ola Electric shares fall after 3.3 percent of equity traded in blocks.
-
Microsoft Planning Thousands More Job Cuts Aimed at Salespeople
Microsoft is planning to axe thousands of jobs particularly in sales. The cuts are expected to be announced early next month, following the end of Microsoft’s fiscal year, according to people familiar with the matter.
-
Coinbase Launches Stablecoin Payments Service for E-Commerce
Coinbase is launching a platform designed to make stablecoins a go-to payment method for online transactions. The payments initiative could help add new sources of revenue, according to Mark Palmer, analyst at Benchmark.
-
Microsoft Planning Thousands Of Job Cuts: Report
Microsoft is planning to cut thousands of jobs, particularly in sales, as the tech giant streamlines its workforce amid increased investments in artificial intelligence, Bloomberg News reported on Wednesday, citing people familiar with the matter.
-
This Low-Tech Solution Cut Ship Emissions By Up To 24%
During the pandemic, as many as 100 giant container ships would idle off the Southern California coast, belching pollutants as they waited for a berth to unload cargo at the twin ports of Los Angeles and Long Beach.
-
World's 'Most Livable Cities' Now Face Security Risks
Copenhagen rose to first place in a global livability ranking, after security concerns nudged down other cities in Western Europe.
-
Google’s Plan to Buy Security Firm Wiz Gets Antitrust Review
The Justice Department's antitrust officials are examining whether Google's proposed $32 billion (roughly Rs. 2,75,441 crore) purchase of cybersecurity firm Wiz could unlawfully restrict market competition. The review, which is in its early stages, could last months more. It will ultimately determine whether US officials let the deal proceed.
-
Yahoo Adds New AI Features to Mail App in Attempt to Up Usage
Yahoo is rolling out new AI features for its email platform. A new gamified “Catch Up” feature will provide AI-powered summaries and email previews to give users the option to “delete” or “keep in inbox.”
-
RFK Jr.s New Vaccine Panel Includes Self-Proclaimed Anti-Vaxxer
Health and Human Services Secretary Robert F. Kennedy Jr. announced eight new members of an expert panel that advises the federal government on immunization policy, including several vocal vaccine critics and one who identifies as an "anti-vaxxer."
-
US Envoy Says He Does Not Think Palestinian State Is US Policy Goal: Report
US Ambassador to Israel Mike Huckabee said he did not think that an independent Palestinian state remains a goal of US foreign policy, according to an interview with Bloomberg News released on Tuesday.
-
South Korea’s Ruling Party Unveils Plan to Allow Stablecoins
South Korea's newly elected President, Lee Jae-myung plans to permit local companies to issue stablecoins in South Korea. The country is already a hotbed for crypto activity. More than a third of the population, or around 18 million people, participate in digital-asset markets.
-
Sam Altman’s Eyeball-Scanning Identification Tech Expands to UK
Sam Altman's Tools for Humanity is rolling out its eyeball-scanning Orb devices to the UK. The spherical Orbs will be at dedicated premises in shopping malls and on high streets, said Damien Kieran, chief legal and privacy officer at Tools for Humanity.
-
Meta Set to Throw Billions at Startup That Leads AI Data Market
Meta is in talks to make a multibillion-dollar investment in Scale AI. The financing may exceed $10 billion (roughly Rs. 85,533 crore) in value, making it one of the largest private company funding events of all time.
-
Head Of Tesla's Optimus Humanoid Robot Program To Exit Firm: Report
The head of Tesla's Optimus program, Milan Kovac, is leaving the company, casting uncertainty over chief executive Elon Musk's humanoid robot project, Bloomberg News reported on Friday, citing a person familiar with the matter.
-
Tesla Shares Fall 14% Amid Trump-Musk Feud. What's Next
For months, Tesla shareholders were tormented by Elon Musk's role in the Trump administrationTrump. But any relief brought by his formal government exit last week quickly turned to fear as the EV maker's chief executive traded barbs with former boss.
-
Hyundai, Kia Sell Stake in Ola Electric, Exacerbating Share Slump
South Korean automakers Hyundai Motor and Kia sold about 136 million shares in Ola Electric Mobility on Tuesday. While Hyundai offloaded 108.8 million shares at an average price of 50.7 rupees (59 cents), Kia sold 27.17 million shares at 50.55 rupees a share. Ola Electric shares fall after 3.3 percent of equity traded in blocks.
