Oracle Plans Thousands of Job Cuts in Face of AI Cash Crunch
(Bloomberg) — Oracle Corp. is planning to ax thousands of jobs, among its moves to handle a cash…
Broadcom CEO Sees AI Chip Sales Topping $100 Billion in 2027
(Bloomberg) — Broadcom Inc. Chief Executive Officer Hock Tan said the company expects its AI chip sales to…
Broadcom Earnings Are the Latest to Try to Climb AI Wall of Fear
(Bloomberg) — Wall Street is expecting Broadcom Inc. to report strong earnings after the close on Wednesday, but…
Alibaba AI Wizard Who Warned of US-China Tech Gap Steps Down
Bloomberg (Bloomberg) — The architect of Alibaba Group Holding Ltd.’s chief AI model has quit his post, a…
Europe’s Economy Can Ride Out Iran War — If Over in a Month
(Bloomberg) — The next four weeks will determine whether Europe’s economy is facing a fresh crisis or simply…
Wall Street Turns to ‘Haven-First’ Strategy Amid Iran Crisis
(Bloomberg) — The fast‑moving conflict across the Middle East is heightening investor anxiety and strengthening the case for…
Imminent Crisis or ‘No Big Deal’
(Bloomberg) — Even in the world of private credit, which for months has pitted skeptics against true believers…
Irish-founded payments firm Stripe is considering a takeover of rival PayPal – The Journal
Irish-founded payments firm Stripe is considering a takeover of rival PayPal The JournalAdrian Weckler: Ireland’s biggest, richest company –…
WiseTech CEO Sees Even More AI Savings After Axing 30% of Staff
(Bloomberg) — WiseTech Global Ltd. Chief Executive Officer Zubin Appoo said artificial intelligence-fueled savings will ultimately cut through…
Medtronic Diabetes Unit MiniMed Seeks $784 Million in US IPO
Bloomberg (Bloomberg) — MiniMed Group Inc., a diabetes management firm that will be separated from health-care giant Medtronic…
Germany Is About to Find Out Whether Its Recovery Is Real
Photographer: Ben Kilb/Bloomberg (Bloomberg) — Data from Germany in the coming days will shed light on whether Europe’s…
SpaceX Alumni Raise $50 Million for Data Center Optical Tech
Bloomberg (Bloomberg) — Mesh Optical Technologies, a startup working on hardware used to move data at high speeds…