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Oct 21st, 2026 Encouraged by Meta’s Partnerships, Says First Founder Libby Leffler, discusses whether Meta’s history of scaling up new initiatives offers reason to doubt Zuckerberg’s ability to succeed. Leffler discusses Meta’s fourth-quarter revenue outlook of $73 billion to $
Enterprise-sized businesses spend, on average, 28 percent of their software budgets on unwanted upgrades, migrations, and licensing changes. Often, those firms’ IT heads think those changes are detrimental. Those results are according to a survey of 2,018 chief information office
President Donald Trump on Wednesday insisted he had nothing to do with a slowdown of SpaceX's Starlink in Ukraine and said he does not know if Elon Musk was responsible for speed-capping the critical satellite service. Trump's latest denial came one day after The Wall Street Jour
BusinessWeek Radio SimulcastOct 21st, 2026 Meta Boosts Bet on AI With Spending Outlook, New Stock Class Meta Platforms boosted its capital spending outlook and announced plans for a new class of nonvoting stock, escalating its already-stratospheric bet on artificial intelligence.
New Mexico's attorney general on Wednesday filed a federal lawsuit accusing Jeffrey Epstein's long-time personal lawyer and accountant of facilitating Epstein's sex trafficking operation. The civil suit alleges the attorney, Darren Indyke, and the accountant, Richard Kahn, helped
Oct 21st, 2026 Frank Baker on New Firm, October Capital Frank Baker, CEO and Managing Partner of October Capital, discusses the launch of the new firm, formed by tech-focused private equity shop Siris. October Capital will focus on services supporting AI infrastructure, physica
Tesla published its third-quarter 2026 financial results this afternoon. Earlier in October, it reported its sales and deliveries for the three-month period, selling fewer cars than in the same quarter in 2025, yet it still beat analyst projections. Now we can see how those sales
Meta says it’s issuing a new class of shares to fund its AI initiatives. As part of its third-quarter earnings report released on Wednesday, the company says the non-voting stock will also go toward potential acquisitions and employee compensation, with trading beginning in 2027.
Users are turning a repost remover into a viral referral machine.
A pair of critical vulnerabilities in PHP, the open-source programming language that powers much of the modern web, has forced governments and companies across the globe into emergency action. The vulnerabilities, identified as part of OpenAI’s “Patch the Planet” initiative and f
Missiles hit Kyiv after Russia agrees to US call to resume Ukraine peace talks - Published Ukraine's capital has come under a new missile attack, hours after Russia said it was "ready in principle" to resume peace talks and the US president said the world was "the closest we've b
Brian hosted Bill Bollengier, Senior Director of Product Management at Micron, for a live podcast on LinkedIn on October 15, with Bill calling in from the floor of the OCP Global Summit. The subject was the Micron 6600 ION 245TB SSD and what a quarter petabyte per drive bay does
TechCrunch Founder Summit is a full-day gathering in Boston on November 4 where founders across all stages connect with top VCs and experienced entrepreneurs to gain tactical insights on building and scaling their companies. It’s the latest in our long line of founder-centric eve
Serial entrepreneur Ajeet Singh, who previously cofounded unicorns such as Nutanix and ThoughtSpot, has announced the launch of his third venture, called Different. Emerging out of stealth mode, the AI-powered martech startup has now raised $48 Mn (nearly ₹453 Cr) in its seed fun
Meta said during its third-quarter earnings call on Wednesday that its AI app Muse has been adopted by more than 10 million users, confirming estimates released earlier this week by market intelligence firm Sensor Tower. But it is how people are using it, and how much they’re spe
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world Americas+1 212 318 2000 EMEA+44 20 7330 7500 Asia Pacific+65 6212 1000 Americas+1 212
Rice strikes to earn Arsenal draw at Bayern This content is not available in your location. There was an error Declan Rice scores a late equaliser as Arsenal and Bayern Munich play out an entertaining draw in the league phase of the Champions League while Bukayo Saka limps off wi
Southwest Airlines became the third major U.S. airline this month to cut its 2026 profit forecast due to higher fuel prices, but CEO Bob Jordan said travelers continue to book despite higher fares. The carrier expects to earn between $2.60 and $2.85 a share on an adjusted basis t
Man Utd humbled by four-goal Como to pile pressure on Carrick This content is not available in your location. There was an error Manchester United suffer a heavy defeat to a Como side playing just their third ever game of Champions League football, as Nico Paz stars for the hosts
Year-old startup Flapping Airplanes has wowed Silicon Valley with an impressive founding team and a mission to find ways to train large models with less data. On Wednesday, the company announced it had raised a $1 billion Series A round, co-led by Index and Lux, reportedly at a $
President Donald Trump has made good on his claim of having put more than $300 million of his political war chest into the 2026 midterm election. New campaign finance filings released Tuesday night show millions flowing into House districts that were barely competitive two years
Oct 21st, 2026 Tesla's Future Is Robotaxis, Says Ark's Keeney Tasha Keeney, Ark Investment director of investment analysis, says robotaxis are the future for Tesla. She says the company is well positioned over its peers and the Cybercab is cheaper to operate compared to Waymo's
(Bloomberg) -- Gold fluctuated as traders assessed the outlook for the Federal Reserve’s interest-rate path on the back of potential renewed hositilities in the Middle East.The Department of State issued an ordered departure for non-emergency US government employees and their fam
AI - Nvidia woos wary Europeans with more open weights models New embedding, parsing, and reranking models promise smarter agentic RAG workflows - Jensen Huang sends in the robot ducks to sell Nvidia's AI-everywhere vision Containerized datacenters, androids, and telecoms all fea
Oct 21st, 2026 The Takeaways From Meta's Earnings and AI Spending Plans Ygal Arounian, Wedbush Internet equity research managing director, reacts to Meta Platforms' third-quarter earnings and boosted capital spending outlook. He speaks on "Bloomberg The Close."
Oct 21st, 2026 AI Is Tailwind, IBM CEO Says as Sales Rise IBM says sales increased by 5% to $17.1 billion in the third quarter, topping estimates. Sales in the software unit also expanded. The company reported earnings of $2.95 per share. CEO Arvind Krishna says AI is a tailwin
Tesla has started production of its Optimus humanoid robot at its factory in Fremont, California, in a manufacturing space once dedicated to making electric vehicles, the company announced Wednesday. “The bots coming off this line are the first production-quality bots that we hav
Huge crowds watch attempt to rescue shark stranded in South Korean canal Huge crowds have flocked to a canal in South Korea to watch a stranded shark. The 9ft 10in (3m) shark, nicknamed Bukangi, was first spotted in the waterway last month in the south-eastern city of Busan. Earl
Recursive, an AI startup founded last year, is starting to live up to its name. The company, which is trying to build AI that can improve itself, released its first model, Flint, on Wednesday. Flint is a free coding model that can run on a laptop and was built largely with the he
Anthropic's new personal agent, Claude Duet, lives on your phone, inherits all your Claude plugins and connectors, and is pitched at small business owners and busy professionals. It's the most polished agent launch I've seen: thoughtful onboarding, task lists, first-class artifac
SAP Cloud Growth Beats Forecast in Sign of Software’s Resilience Takeaways by Bloomberg AI SAP SE reported higher growth for its cloud products than anticipated in a sign that the boom in artificial intelligence hasn’t undermined demand for the German software maker’s offerings.
(Bloomberg) -- Treasuries fell after reports suggesting the Middle East war is heating up lifted oil prices. The selloff lifted yields across maturities to session highs, with short-term tenors rising most. The two-year note’s climbed as much as five basis points to 4.83%, the hi
The Nasdaq Composite rose 1.05% to 26,701.61, while the S&P 500 gained 0.58% to 7,757.74. The Dow Jones Industrial Average advanced 0.68% to 52,851.78. AI trade gets fresh support Super Micro shares jumped after the AI server maker forecast quarterly revenue and profit margins ab
Republican Sen. Mike Rounds of South Dakota leads in his Senate race by more than 20 points, according to a new poll shared first with Semafor, a sign that any blue wave in November will have its limits. Rounds is trouncing independent candidate Brian Bengs 57% to 36% in the deep