Tom Giles

Apple Readies a Low-Cost Laptop to Rival Chromebooks and Windows PCs Apple Inc. is preparing to enter the low-cost laptop market for the first time, developing a budget Mac aimed at luring away customers from Chromebooks and entry-level Windows PCs.

NEW: Apple is preparing to enter the low-cost laptop market for the first time, developing a budget Mac aimed at luring away customers from Chromebooks and entry-level Windows PCs. Details on the plan here. www.bloomberg.com/news/article...

Intel CEO Dogged by Decades of China Chip Investing, Board Work For more than three decades, Lip-Bu Tan invested in the Chinese economic boom, placing the kind of no-brainer bets that enriched venture capitalists and fund managers around the world and across the U...

Our look at why Intel's new(ish) CEO is under fire from US President Trump and a Congressional committee:

www.bloomberg.com/news/article...

Hey NYT Connections writers: MUSCLE NICKNAMES PLUS “S” is a trash category

Anthropic Nears Deal to Raise Funding at $170 Billion Valuation Anthropic is nearing a deal to raise as much as $5 billion in a new round of funding that would value the artificial intelligence startup at $170 billion, according to a person familiar with the matte...

Anthropic raising as much as $5 billion at a $170 billion valuation, with Iconiq leading the round. Scoop with new details by @shiringhaffary.bsky.social and @kateclark.bsky.social; more news to come:
www.bloomberg.com/news/article...

homophones of synonyms
=
concepts of plans

The words of the prophets were written on … a library wall. Washington, DC.

Apple Executives Have Held Internal Talks About Buying AI Startup Perplexity Apple Inc. executives have held internal discussions about potentially bidding for artificial intelligence startup Perplexity AI, seeking to address the need for more AI talent and technology.

Perplexity, challenging Google with a tool that summarizes search results and helps users refine queries to get the best responses, has been in the crosshairs of Meta and Apple. Busy day for Bloomberg Tech. www.bloomberg.com/news/article...

www.bloomberg.com/news/article...

Watching broadcast news is a study in the present progressive, like reading Brett Easton Ellis.

SoftBank-Backed Startup Misses Financial Goals, Slashes Staff Just a couple years ago, Spotter Inc. was one of the most valuable startups in the booming business of YouTube celebrity. The company, which boasted a new way for social media stars to fund their oper...

Spotter was a vital source of funding to content creators. But, CEO Aaron DeBevoise says, "The world has changed." Last year, Spotter missed financial goals and cut 40% of staff. @aishacounts.bsky.social explains how it went down:
www.bloomberg.com/news/article...

Altman Says Meta Offered OpenAI Staffers $100 Million Bonuses OpenAI Chief Executive Officer Sam Altman said Meta Platforms Inc. has offered his employees signing bonuses as high as $100 million, with even larger annual compensation packages, as it seeks to buil...

OpenAI CEO @samasama.bsky.social said Meta offered his staffers $100 million signing bonuses. "So far none of our best people have decided to take them up on that," Altman said on a podcast with his brother @jaltma.bsky.social
www.bloomberg.com/news/article...

Scale AI’s Wang Brings to Meta Knowledge of What Everyone Else is Doing Scale AI co-founder Alexandr Wang is such an enthusiastic networker that his former roommate — OpenAI Chief Executive Officer Sam Altman — once jokingly told him to tone it down a bit.

Scale AI's Alexandr Wang is so good at networking that his former roommate — OpenAI Chief Executive Officer Sam Altman — once publicly busted his chops over it. @ellenhuet.bsky.social digs into his `high beta' background.
www.bloomberg.com/news/article...

Zuckerberg Is Personally Recruiting New ‘Superintelligence’ AI Team at Meta Mark Zuckerberg, frustrated with Meta Platforms Inc.’s shortfalls in AI, is assembling a team of experts to achieve artificial general intelligence, recruiting from a brain trust of AI researchers and...

Builds on our earlier reporting around Meta's plans to make a big investment in ScaleAI: www.bloomberg.com/news/article...

Zuckerberg Is Personally Recruiting New ‘Superintelligence’ AI Team at Meta Mark Zuckerberg, frustrated with Meta Platforms Inc.’s shortfalls in AI, is assembling a team of experts to achieve artificial general intelligence, recruiting from a brain trust of AI researchers and...

Zuck's plans for a `superintelligence' unit, first reported by Bloomberg, stem from internal frustration and disappointment with the latest Llama release. Scoop by @kurtwagner.bsky.social and @rileyraygriffin.bsky.social
www.bloomberg.com/news/article...

Live Q&A: Ask Mark Gurman Anything About Apple’s WWDC 2025 Bloomberg’s Mark Gurman and Edward Ludlow answer your questions about Apple’s annual WWDC conference

Wanna know more about what Apple just announced at WWDC? Join Mark Gurman for a Live Q&A here:
www.bloomberg.com/sessions/202...

SF Mayor Daniel Lurie onstage at #bloombergtech with @bradstone.bsky.social talking up SF as a place that’s open for business and how to ensure the city doesn’t become overly dependent on a single boom-bust industry.

Tomorrow and Thursday, Bloomberg Tech is back!
www.instagram.com/reel/DKcor64...

My colleagues @rileyraygriffin.bsky.social and @kurtwagner.bsky.social spoke to more than 50 people for this in-depth look at efforts by Meta CEO Mark Zuckerberg to woo Trump.

The "Tech Madman" founder threatening US dominance in the AI race
The June cover of Businessweek magazine: Inside China's DeepSeek
The startup's sudden emergence shows how China’s AI industry is thriving despite US efforts to slow it down
@bloomberg.com

Gift link: www.bloomberg.com/news/feature...

The 'Black Mirror' of dating apps takes California colleges by storm Ditto, a Berkeley-born dating app, aims to use AI to solve some of the pitfalls of apps like Tinder and Hinge.

Cool piece on Ditto AI, the `Black Mirror' of dating apps, by one of my Cal students, Jessica Blough
. www.sfgate.com/sf-culture/a...

Apple also mentioned "trade and other international disputes" in its results readout. That phrase wasn't included three months earlier.

Amazon didn't refer to tariffs and trade policies the last time it issued guidance, in February.

Amazon shares are lower in after-hours trading. The ecommerce giant just issued a forecast for operating income that fell short of estimates. Amazon said its predictions are "subject to substantial uncertainty." ... Mentioned factors such as tariff and trade policies, inflation, interest rates.

25 points!

Jimmy Buckets! @warriorsofficial.bsky.social

OH at a bar in Baltimore
Life is about drinking. If you ain’t drinking you ain’t living.

Bloomberg first reported in January, days into Trump’s presidency, that the administration was considering these tighter restrictions.

Headline crossing the Bloomberg Terminal just now:
Trump Tariffs Wipe Out $2.5 Trillion From US Stock Market

Seen in a certain business news place of work. #monetization

Pointed: The News Quiz for Risk-Takers by Bloomberg Wager your points, leverage your bets and answer wisely. A new quiz is available to play each week.

Test your knowledge. Play Pointed, the weekly news quiz that tests what you know — and how confident you are that you know it.

Can you score a perfect 190?

OpenAI Close to Finalizing Its $40 Billion SoftBank-Led Funding OpenAI is close to finalizing a $40 billion funding round led by SoftBank Group Corp. — with investors including Magnetar Capital, Coatue Management, Founders Fund and Altimeter Capital Management in ...

www.bloomberg.com/news/article...