Bloomberg: Spotify partners with Peloton to offer Premium subscribers access to curated playlists and 1,400+ ad-free fitness classes, its first foray into fitness content — Spotify Technology SA is now offering workout classes from Peloton Interactive Inc. to premium subscribers …
Riley Griffin / Bloomberg: Meta says it signed a deal for up to 1GW of space solar energy from Overview Energy, which seeks to collect sunlight in satellites and is planning a 2028 demo — Meta Platforms Inc. is looking to power artificial intelligence data centers with solar energy collected in space …
Lucas Shaw / Bloomberg: A look at what's next for Netflix and Comcast's Peacock after WBD's Paramount acquisition; Nielsen: Netflix had six of the top 10 original streaming shows in Q1 — The company's streaming service has lost more than $11 billion and can't keep customers form canceling
Jamie Tarabay / Bloomberg: A profile of Strider, an intelligence firm that leverages agentic AI and public records to help the US Air Force, NATO, and others identify foreign state actors — Trump's economic crackdown on China's US interests is creating opportunities for a Utah-based intelligence firm
Samantha Kelly / Bloomberg: A look at Tin Can's $100 retro-style, Wi-Fi-enabled landline phone, and how some schools are seeding the device to students in an attempt to curb smartphone use — The Tin Can has gone viral over the past year, mostly through word of mouth. Now schools want to get even more of them in students' homes.
Bloomberg: Analysis: Taiwan's stock market value has surpassed the UK's at ~$4.3T, with South Korea close behind, driven by massive gains in TSMC, Samsung, and SK Hynix — The artificial intelligence boom has triggered a seismic reshuffling of global equity markets, with Taiwan and South Korea muscling past European nations one by one.
Ian King / Bloomberg: Intel's upbeat outlook suggests CEO Lip-Bu Tan is making progress on a turnaround, having strengthened the company's balance sheet and now improving operations — Intel's Strong AI-Fueled Forecast Tops Estimates — Intel Corp. shares hit a record high after the chipmaker delivered …
Bloomberg: The value of US government's stake in Intel has increased fourfold to ~$36B, since an August 2025 announcement that the US will buy a stake worth $8.9B — The value of the US government stake in Intel Corp. has increased fourfold to hit a value of about $36 billion after the chipmaker's financial outlook showed a resurgence in sales.
Bloomberg: A $16B financing for a giant Oracle data center in Michigan has closed, with BofA selling $14B in bonds; Oracle plans to use the campus to power apps for OpenAI — A $16 billion financing for a giant Oracle Corp. data center in Michigan has wrapped after months of stop-and-start negotiations with investors.
Hema Parmar / Bloomberg: Instacart co-founder Apoorva Mehta launches Abundance, a hedge fund that aims to have AI agents run the entire fund, with $100M in seed funding — Instacart co-founder Apoorva Mehta launched a hedge fund that relies on an army of artificial intelligence agents, one of the few using …
Matt Day / Bloomberg: Meta and Amazon reach a multi-billion, multiyear deal for Meta to rent hundreds of thousands of Amazon's Graviton chips for its AI efforts — Amazon.com Inc. and Meta Platforms Inc. have struck a multibillion-dollar deal for the social-media giant to rent hundreds of thousands of Amazon's general-purpose chips for its AI efforts.
Bloomberg: Sources: China recently told tech companies, including ByteDance and Moonshot AI, to reject US capital without state approval, after Meta's Manus acquisition — Chinese regulators plan to restrict technology firms including some of the country's highest-profile AI pioneers …
Shawn Wen / Bloomberg: How Cash App founder Bob Lee's 2023 killing fed into a narrative pushed by tech leaders like Elon Musk about SF's decline until an acquaintance was convicted — The 2023 murder of a tech executive seemed to fit neatly into narratives about street crime in liberal cities, until it didn't.
Natalie Lung / Bloomberg: Lyft agrees to buy London black cab app Gett, its third acquisition in the past year, as the company expands its presence beyond the US — Lyft Inc. has agreed to buy London black cab app Gett, its third acquisition in the past year, as the company works to expand its presence beyond the US.
Ian King / Bloomberg: Google unveils a new TPU lineup consisting of the TPU 8t for AI training and the TPU 8i for inference, with general availability scheduled for later in 2026 — Alphabet Inc.'s Google Cloud division unveiled the latest generation of its tensor processing unit, or TPU, a homegrown chip that's designed …
Sarah Jacob / Bloomberg: Netherlands-based ASM, whose deposition tools are used to make advanced chips, projects Q2 revenue of ~€980M, above €886.8M est., driven by AI demand — ASM International NV projected revenue for the second quarter that exceeded analysts' estimates, underscoring …
Vlad Savov / Bloomberg: Tim Cook's 15-year legacy by the numbers: Apple's market cap grew from $350B in 2011 to $4T+ now, net income rose ~700% to $112B for FY 2025, and more — Fifteen years after succeeding Steve Jobs, Tim Cook is handing over the top leadership position at Apple Inc. to hardware specialist John Ternus.
Mark Gurman / Bloomberg: Longtime colleagues say John Ternus will bring back Jobs-era decisiveness, shifting from Cook's era when decisions were made collectively by top executives — When Apple Inc. announced Monday that longtime leader Tim Cook would be replaced by John Ternus, it published an image …
Matt Haldane / Bloomberg: Filing: Michael Saylor's Strategy bought $2.54B in bitcoin over the past seven days, its largest acquisition since November 2024; Strategy owns ~$61B in bitcoin — Michael Saylor's Strategy Inc. bought $2.54 billion in Bitcoin over the previous seven days, marking the digital asset treasury …
Jake Rudnitsky / Bloomberg: A Blue Origin rocket failed to correctly place a BlueBird satellite from satellite networking company AST into its intended orbit; ASTS falls 14% pre-market — AST SpaceMobile Inc. shares plunged in early trading on Monday after Blue Origin's flagship New Glenn rocket failed to correctly place …
Nduka Orjinmo / Bloomberg: Nigeria-based Terra, which makes pilotless drones and defense systems, raised $34M from Joe Lonsdale, Lux Capital, and others, as jihadist groups drive demand — Terrahaptix Inc., a Nigerian drone-making startup, will open its first factory abroad in Ghana, where it will build mid-range pilotless aircraft …
Amanda Mull / Bloomberg: A profile of Quince, an online luxury DTC brand valued at $10B+, which has found success by using data analysis and close manufacturer ties to keep prices low — The online apparel retailer has become a $10 billion-plus e-commerce giant by mastering the art of the supply chain.
Chris Stokel-Walker / Bloomberg: Anthropic's Mythos adds to concerns about rising workloads for open-source maintainers, as many have already been dealing with a “crazy” number of bug reports — Anthropic's Mythos and similar AI tools can identify threats and vulnerabilities faster than small teams can fix them, putting the internet at risk.
Luz Ding / Bloomberg: China fines leading food delivery apps, like from Alibaba, PDD, and Meituan, a total of ~$528M, the largest fine for the sector since the 2015 food safety law — Chinese regulators fined leading food delivery platforms including Alibaba Group Holding Ltd., PDD Holdings Inc. and Meituan for failing to filter out unqualified merchants.
Bloomberg: Sources: Sequoia raised ~$7B for a new fund, the first fundraising round under its new leadership; the firm's last expansion fund was a $3.4B vehicle in 2022 — Sequoia Capital, one of the largest and most prominent venture capital firms, has raised about $7 billion for a new fund according …
Rebecca Torrence / Bloomberg: Financial services startup Slash, which is building an AI agent, raised $100M led by Ribbit at a $1.4B valuation and reports nearly $300M in annualized revenue — Slash Financial Inc., a financial services startup run by two 24-year-old founders, has landed a $1.4 billion valuation …
Chris Welch / Bloomberg: Roku says it is in 100M+ homes globally and its devices are used by “more than half of all US broadband households”; Roku had $4.15B in 2025 platform revenue — Roku Inc. said more than 100 million households are using its streaming platform, marking another milestone …
Mark Gurman / Bloomberg: Sources: UK paraplegic athlete Claire Lomas was being filmed for Apple Vision Pro series Adventure when she crashed a microlight in Jordan and died in July 2024 — Claire Lomas, a British paraplegic known for overcoming medical trauma to participate in the London Marathon …
Clara Hernanz Lizarraga / Bloomberg: Big Tech companies say a $90B data center buildout in Spain's Aragón, one of Europe's fastest-growing hubs, should be a model for the EU, as residents push back — Big Tech companies say northern Spain's AI buildout is going so well, it should be a model for other parts of the EU.
Luz Ding / Bloomberg: Alibaba's new Token Hub unit releases Happy Oyster, a new AI world model that can create 3D environments, interactive videos, films, video content, and games — Alibaba Group Holding Ltd. launched a new AI model that can be used to develop games and generate videos simulating the real world …
Bloomberg: Analysis and filings: Google owns a ~5% SpaceX stake, down from 6.11% at 2025's end; if SpaceX hits a $2T IPO valuation, Google's stake would be worth $100B — An early investment in SpaceX has positioned Alphabet Inc. for a 12-figure windfall, a new filing shows, underscoring the vast wealth likely …
Samuel Stolton / Bloomberg: The European Commission issues a supplementary statement of objections threatening Meta with an interim ban on WhatsApp policies that allegedly block rivals — Meta Platforms Inc. has been threatened with an interim European Union ban on policies that allegedly block rival AI firms …
Rebecca Torrence / Bloomberg: Accel raised $5B, including a $4B Leaders fund, focused on writing large checks to late-stage startups globally, and a $650M sidecar fund, taking AUM to $36B — Accel, the venture capital firm that's backed artificial intelligence companies including Anthropic, Cursor and Perplexity …
Sarah Jacob / Bloomberg: ASML says South Korea surpassed China as its largest market in Q1 2026, with shipments hitting 45% of net system sales, or €2.84B, up from 22% in Q4 2025 — South Korea emerged as ASML Holding NV's largest market in the first quarter as the country's memory chip makers increase purchases …
Bloomberg: Trading firm Jane Street takes an additional $1B stake in CoreWeave, and plans to spend ~$6B to access CoreWeave's Vera Rubin chips to build and deploy AI — Jane Street Group, a trading firm, has taken an additional $1 billion stake in AI cloud services provider CoreWeave Inc. and plans …
Gian Volpicelli / Bloomberg: The EU unveils an open-source age verification app, which requires showing ID, to shield kids from harmful content, setting the standard for verification tech — The European Union has unveiled an app to confirm users' age online, setting the standard for verification technology …
Emily Nicolle / Bloomberg: Tel Aviv-based eToro agrees to acquire crypto wallet provider Zengo, a source says for ~$70M, mostly in cash; Zengo lets traders swap between tokens and fiat — EToro Group Ltd. has agreed to acquire Zengo, a crypto wallet provider, as the trading and investment platform expands its reach into decentralized finance.
Alexandra S. Levine / Bloomberg: Memo: Snap CEO Evan Spiegel says the company plans to lay off ~1,000 full-time employees, or 16% of its global workforce, to cut costs and achieve profitability — Snap Inc. is laying off roughly 1,000 full-time employees, or 16% of its global workforce, part of an effort …
Emily Nicolle / Bloomberg: Kraken parent company Payward is raising $200M from Frankfurt stock exchange operator Deutsche Börse for a 1.5% fully diluted stake, valuing Kraken at ~$13.3B — Deutsche Börse AG invested $200 million in Payward Inc., the parent of crypto trading platform Kraken …
Bloomberg: Sources: Amazon is in advanced talks to acquire satellite operator Globalstar in a deal that could be announced as soon as Tuesday; GSAT jumps 10%+ pre-market — Amazon.com Inc. is in advanced talks to acquire satellite operator Globalstar Inc. in a deal that would boost the tech giant's efforts …
Olga Kharif / Bloomberg: The Trump family's World Liberty Financial faces an investor revolt; Justin Sun accuses WLFI of building a “backdoor” that has been used to blacklist investors — World Liberty Financial Inc., a Trump family crypto venture, is facing an investor revolt that includes billionaire backer Justin Sun …
Derek Wallbank / Bloomberg: A journalist recounts how he used ChatGPT to develop a fitness plan to prepare for the Paris Marathon, resulting in a 20-pound weight loss and faster race times — Six months of pain and progress, 20 pounds lost and a trial-and-error test of what AI can — and cannot — do.
Mari Kiyohara / Bloomberg: Japan approves an additional $4B in subsidies to Rapidus to bankroll the chipmaker's work for Fujitsu, taking the total state investment and fees to $16.3B — Japan approved ¥631.5 billion ($4 billion) in additional subsidies to quicken Rapidus Corp.'s entry into the high-stakes AI chipmaking arena …
Robert Burnson / Bloomberg: Court filing: OpenAI says Elon Musk's recent amendments to his OpenAI lawsuit are a “legal ambush”, calling them “legally improper and factually unsupported” — OpenAI says Elon Musk has suddenly changed direction on what he's seeking in his lawsuit against the startup in a …
Bloomberg: Sources: three senior executives who helped launch OpenAI's Stargate initiative are leaving the company and joining Meta — Three key players in OpenAI's massive effort to set up hundreds of billions of dollars' worth of artificial intelligence data center capacity are joining Meta Platforms Inc. …
Brody Ford / Bloomberg: CoreWeave says it has signed a multiyear deal with Anthropic, including a variety of Nvidia chips at data centers in the US; it now has 43 active data centers — Anthropic PBC agreed to rent data center capacity from CoreWeave Inc. as part of efforts to handle increasing demand for its artificial intelligence services.
Kiuyan Wong / Bloomberg: Hong Kong grants its first stablecoin issuer licenses to HSBC and Standard Chartered from a pool of 36 applicants; they are set to issue stablecoins in H2 2026 — Hong Kong has granted its inaugural stablecoin issuer licenses to HSBC Holdings Plc and a joint venture of Standard Chartered Plc …
Bloomberg: Documents: Shenzhen-based computing company Sharetronic bought hundreds of Super Micro systems containing banned Nvidia H100 and H200 chips in 2025, worth ~$92M — Hours after the United States charged a Super Micro Computer Inc. co-founder with illegally smuggling billions of dollars' worth …
Debby Wu / Bloomberg: TSMC reports Q1 revenue up 35% YoY to ~$35.6B, vs. ~$35.2B est., signaling global chip demand stayed intact during the first weeks of the war in the Middle East — Taiwan Semiconductor Manufacturing Co. reported a 35% increase in quarterly revenue, suggesting global AI chip demand remained intact during …
Bloomberg: Elorian, which builds visual AI models with better reasoning capabilities for industries like robotics, emerges from stealth with $55M at a $300M valuation — Former Google DeepMind researcher Andrew Dai believes that the artificial intelligence models at big labs have the intelligence of a 3-year-old kid …