(Bloomberg) — Netflix Inc. shares tumbled the most in nine months on Friday as a weak forecast for revenue and a warning that the streaming giant will stop reporting subscriber numbers in 2025 overshadowed an otherwise strong start to the year. Most Read from Bloomberg The stock dropped as much as 8%, to $562, as […]
(Bloomberg) — Netflix Inc. shares tumbled on Friday morning as a weak forecast for revenue and a warning that the streaming giant will stop reporting subscriber numbers in 2025 overshadowed an otherwise strong start to the year. Most Read from Bloomberg The stock dropped as much as 7.6%,to $564.20 in premarket trading in New York. […]
Plenty of large corporations want to join the AI revolution, but many feel it’s too early to be locked into one foundational model. That means there’s a market for a layer between companies and Large Language Models (LLMs) — something companies can use to pick LLMs easily without needing to commit for all time to […]
By Lucy Raitano and Dhara Ranasinghe LONDON (Reuters) – Reports of an Israeli attack on Iranian soil that possibly drags the Middle East into a deeper conflict has jolted world markets with geopolitical risks that can swiftly change the direction of anything from oil to bonds and renew inflation risks. Stocks tumbled on Friday, oil […]
(Bloomberg) — When Mike Cypert got the call that utilities in remote Texas communities were being hacked, he raced across his office to unplug the computer that ran his city’s water system. Most Read from Bloomberg Hale Center is a dusty, cotton-growing burg of 2,000 about five hours drive northwest of Dallas. After the alert […]
A look at the day ahead in U.S. and global markets from Mike Dolan It was hardly unexpected, but Israel’s missile strike on Iran on Friday confirms fears of a dangerous series of tit-for-tat retaliation ahead between the Middle East powers that is likely to seed weeks of uncertainty for world markets too. Heading into […]
This is The Takeaway from today’s Morning Brief, which you can sign up to receive in your inbox every morning along with: If an autonomous future was one pillar supporting Tesla’s (TSLA) “Magnificent” market valuation, an electric car cheap enough for most families was the other. But changes from inside the company and from outside […]
(Bloomberg) — Paramount Global’s controlling shareholder Shari Redstone has a tough decision looming: whether to let other stockholders have a say if she agrees to sell her family’s holdings to producer David Ellison and merge the film and TV giant with his Skydance Media. Most Read from Bloomberg The Redstones own less than 10% of […]
(Bloomberg) — ChatGPT developer OpenAI hired its first employee in India, appointing a government relations head just as the country votes in a new administration that will shape artificial intelligence regulations in the world’s most populous nation. Most Read from Bloomberg The Microsoft Corp. backed-company recruited Pragya Misra to lead public policy affairs and partnerships […]
(Bloomberg) — Taiyo Pacific Partners LP is considering raising its ¥61.9 billion ($400 million) tender offer for Japanese printer maker Roland DG Corp. to fight off an unsolicited bid from Brother Industries Ltd. Most Read from Bloomberg Taiyo Pacific, Roland DG’s biggest shareholder with a 19.4% stake, is weighing that option against two others — […]
(Bloomberg) — Apple Inc. removed social media services including Meta Platforms Inc.’s WhatsApp and Threads from its Chinese app store, responding to orders from Beijing to close more loopholes in the country’s longstanding internet firewall. Most Read from Bloomberg The iPhone maker also removed the messaging services Telegram and Signal, according to consultants tracking the […]
(Reuters) – The UK privacy regulator said Google’s proposed replacements for cookies need to do more to protect consumer privacy, the Wall Street Journal reported late Thursday, citing internal documents reviewed by them. Google’s proposed technology, dubbed Privacy Sandbox, leaves gaps that can be exploited to undermine privacy and identify users who should be kept […]
