Apple to Move Health, Fitness Divisions to Services in Reorganization
Apple Inc. is preparing to expand the roles of some top executives in response to the pending departure…
Pakistan’s PE Firm Ijara Acquires Diagnostics Chain, Expands Healthcare Business
Pakistan’s private equity and venture capital firm Ijara Capital Partners Ltd., has acquired diagnostics chain Sindlab Pvt., expanding…
Trump, Billionaire Isaacman Said to Meet About Top NASA Job
Jared Isaacman and President Donald Trump have met in recent weeks and discussed reviving the fintech billionaire’s nomination…
OpenAI’s Nvidia, AMD Deals Boost $1 Trillion AI Boom With Circular Deals
Two weeks ago, Nvidia Corp. agreed to invest as much as $100 billion in OpenAI to help the…
S&P 500 Sees Longest Winning Streak Since May on AMD-OpenAI Deal
US stocks closed at a record Monday, powered by technology shares as investors disregard the government shutdown, now…
The Echoes of 2007 Are Starting to Become Louder: Credit Weekly
Massive leveraged buyouts. An ever-growing pile of risky debt. Early signs that subprime consumers are falling behind. It…
Bristol to Sell 80% Off Psoriasis Pill After Trump Demand
Bristol Myers Squibb Co. will sell its pill for psoriasis directly to cash-paying patients at a more than…
VCs Are Scrambling for a Piece of AI Darlings Like Anthropic, Cursor, Cognition
Raising venture capital money has been a breeze for Decagon AI Inc., a two-year-old startup developing artificial intelligence…
Nintendo’s Switch 2 Sales Boom Fails to Ease Game Developers’ Gloom
Welcome to Tech In Depth, our daily newsletter about the business of tech from Bloomberg’s journalists around the…
Nvidia to Invest $100 Billion in OpenAI for Data Centers
Nvidia Corp. will invest as much as $100 billion in OpenAI to support the building of new data…
Arnault Says French Wealth Tax Advocate Seeks to Destroy Economy
Bernard Arnault has waded into an ongoing debate on how to restore France’s finances, calling an economist who…
Why Germany’s €500 Billion Infrastructure Fund Risks Falling Short
In September 2024, a railway bridge in Dresden spectacularly collapsed into the Elbe River, highlighting Germany’s desperate need…