Bloomberg’s Caroline Hyde and Ed Ludlow discuss Amazon’s plan to buy satellite operator Globalstar in a $11.6 billion deal. Plus, Lucid’s New Incoming CEO Silvio Napoli...
Tech stocks climbed higher and investors reacted to news that Amazon is seeking to buy satellite operator Globalstar in a $11.6 billion deal. Lei Qiu, head...
Amazon has agreed to buy satellite operator Globalstar in a deal worth roughly $11.6 billion, marking its largest acquisition since the 2017 purchase of Whole Foods....
Bloomberg’s Caroline Hyde discusses OpenAI’s $110 billion fundraise at a $730 billion valuation with key backing from Amazon. Plus, the feud between Anthropic and the Pentagon...
Bloomberg’s Caroline Hyde and Ed Ludlow take a look at shares of Amazon dropping after announcing plans to spend $200 billion this year on data centers,...
Bloomberg’s Caroline Hyde and Ed Ludlow discuss how President Trump’s selection of Kevin Warsh to be the next chair of the Federal Reserve is affecting tech...
Bloomberg’s Caroline Hyde and Ed Ludlow discuss AI capital expenditures after Meta, Microsoft and Tesla all reported raising spend in their earnings. Plus, Apple is set...
Amazon discovered child sexual abuse material in its AI data. The content was removed before training the models, but child safety officials say the tech giant...
Bloomberg’s Caroline Hyde and Ed Ludlow discuss Amazon’s plans to cut nearly 5% of its corporate workforce. Plus, ASML posts record fourth-quarter orders as AI drives...
Amazon is cutting 16,000 corporate jobs worldwide in an effort to remove layers of bureaucracy. Bloomberg’s Spencer Soper discusses the details with Caroline Hyde and Ed...