Bloomberg Technology
Amazon to Be Covered by Global Tax Deal
Jun.07 — Amazon.com Inc. is becoming a focal point in the Group of Seven’s tax plan. Global policy makers are crafting their international plan to make sure the e-commerce giant is included, even though the company’s profit margin is below the 10% proposed threshold that would give other countries rights to collect revenue. Anna Edgerton reports on “Bloomberg…
Bloomberg Technology
Microsoft’s Big Bets on AI Start to Pay Off
Microsoft Corp. reported better-than-expected cloud revenue, suggesting the company continues to reap the benefits of its massive investment in artificial intelligence. Sales at Azure were up 48%. Revenue from a commercial deal with OpenAI totaled $10 billion. Bloomberg’s Ed Ludlow and Anurag Rana of Bloomberg Intelligence report. ——– Like this video? Subscribe to Bloomberg Tech on…
Bloomberg Technology
Anthropic Weighs Offering 15%-20% of IPO to Retail Investors
Anthropic is weighing a retail offering of 15% to 20% of the shares available in the IPO, according to people familiar with the matter. Those sources say the company behind Claude has tapped JPMorgan Chase to lead the US retail offering. Bloomberg’s Ryan Gould discusses the plans with Ed Ludlow on “Bloomberg Tech.” ——– Like…
Bloomberg Technology
Investors Eye AI Payoff in Microsoft, Alphabet Earnings
Bloomberg’s Ed Ludlow breaks down expectations for Microsoft and Alphabet, which both report earnings after the bell, with Wall Street looking for proof that their massive AI investments are paying off. Plus, Bloomberg reports that Anthropic has tapped JPMorgan to lead the US retail offering for its potentially record-setting IPO. And, Apple is betting consumers…
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Microsoft’s Big Bets on AI Start to Pay Off
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Sean
June 7, 2021 at 11:20 pm
“When deep space exploration ramps up, it will be the corporations that name everything; the Microsoft Galaxy, the IBM stellar sphere, Planet Starbucks”
Your Waq
June 7, 2021 at 11:25 pm
That baby cooing in the background is adorable!!! #YourWaq
1Drummer
June 7, 2021 at 11:27 pm
Finally! Now we’re getting somewhere.