Bloomberg Technology
Sharing Economy Businesses Are Cutting Jobs Amid Pandemic
Apr.29 — Uber Technologies Inc. ‘s chief technology officer Thuan Pham stepped down Tuesday amid reports of possibel job cuts. Lyft, Inc. is letting go of 17% of its workforce, and cutting pay for remaining staff. Scooter-sharing startup Lime is cutting as many as 190 workers. Bloomberg’s Lizette Chapman reports on “Bloomberg Technology.”
Bloomberg Technology
Alibaba’s AI Spending Spree, Concerns of Circular AI Financing | Bloomberg Tech 8/20/2026
Bloomberg’s Ed Ludlow breaks down the plunge in Alibaba’s profit after the company increased its quarterly capex to almost $10 billion for AI. Plus, a look at how Meta has quietly become one of Microsoft’s largest AI customers, and at defense tech startup Castelion’s plans to boost production of its hypersonic missile systems. 00:00:00 –…
Bloomberg Technology
Mayfield Bets on AI’s Earliest Founders
Mayfield has invested more than $3 billion in AI companies, much of it before founders have built a product or even formed a company. Managing Partner Navin Chaddha joins Bloomberg to discuss why he sees AI as a “100x opportunity,” why venture returns still depend on finding a handful of exceptional founders, and why Mayfield…
Bloomberg Technology
The Defense Startup Taking a SpaceX Approach to Missiles
Defense startup Castelion has raised $1 billion at a $13 billion valuation as it races to scale production of its Blackbeard hypersonic weapon system and develop new long-range and defensive capabilities. Co-founder and CFO Andrew Kreitz discusses why manufacturing thousands of weapons at low cost is the company’s central challenge, and how his experience at…
The question isn’t whether or not humans matter — it’s how will we make our impact count? #TEDTalks
Alibaba’s AI Spending Spree, Concerns of Circular AI Financing | Bloomberg Tech 8/20/2026
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alicia burney
April 29, 2020 at 11:53 pm
????‼️????
CaliforniaMISC
April 30, 2020 at 12:14 am
no more cheap or subsidized rides and less pay for drivers
Joe Bloe
April 30, 2020 at 12:14 am
I feel so sorry for poor Emily Chang about loosing her job?
Juan Ok
April 30, 2020 at 12:22 am
Who cares brrrrrr lol the economy is fake the fed is real
Juan Ok
April 30, 2020 at 12:25 am
Lime and bird app are stupid companies $200 million to rent scooter to kids wtf