Nothing says it is making an 'AI-first' device to help artificial intelligence have its iPhone moment
CEO says that consumer tech companies are confused about how exactly AI will come into our lives
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TECHNOLOGY
Technology, platforms, AI and the tech industry.
TECHNOLOGY // WIRE
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LeBron James sends cease and desist to 'Bron AI' sports betting app over unauthorized likeness
LeBron James sent a cease-and-desist letter to Bron AI over unauthorized use of his likeness in a sports betting app ad featuring Dillon Brooks.
BLOOMBERG CORPORATE ACCOUNTABILITY
Stocks Plunge, Traders Dump Anything with AI Exposure, More
Source: Bloomberg, 0:00
BBC NEWS — TECHNOLOGY TECHNOLOGY
Shares in Musk's SpaceX plunge as tech and AI stocks fall
The market has been reacting to possible tougher scrutiny of data centre construction and the AI industry following the US mid-terms
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Colony: AI Investment Will Continue Despite Tech Selloff
George Colony, Forrester Research Founder, Chairman & CEO says the AI boom may be entering a new phase. Custom chips could challenge Nvidia's dominance, while value shifts toward software. But the transition won't be smooth: companies must…
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AI Bets Meet Higher Capital Costs
As the cost of capital rises, David N. Miller says private markets still see opportunity, from flexible financing for hard-to-refinance assets to infrastructure beyond the AI boom. He discusses AI's long-term potential, concentration…
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The Data Center Fight Is Just Beginning
Voters across America have not only come out against data centers, but also presented a challenge to the AI billionaires behind them. Victorious Democrats must now contend with that outcome while ensuring US AI labs remain competitive on…
Stocks Erase Post-Midterm Elections Rally, Dragged Down by Tech
The S&P 500 slumped to its worst daily decline in more than a year, dragged down by the technology sector as investors fretted about the durability of the A.I. build-out.
THE INTERCEPT NATIONAL SECURITY
Blue Tsunami’s Clearest Takeaway: People Hate Data Centers
Voters fought back against tech oligarchs by supporting candidates and ballot measures that would block water-sucking, heat-spewing data centers. The post Blue Tsunami’s Clearest Takeaway: People Hate Data Centers appeared first on The…
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State-Driven Data Center Backlash Reshaping the AI Trade
The Democratic sweep of Congress and a handful of governor races sent stock prices spiraling for so-called neoclouds. With contests swinging toward candidates promising tougher restrictions on building data centers and other…
Americans wary of AI for medical care and insurance claims
Most Americans have qualms about using AI in healthcare for tasks such as diagnosis and treatment, Pew Research poll finds.
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AI Selloff Is a 'Modest Wave' in a Multiyear Cycle, Bernstein's Chaloff Says
Bernstein Private Wealth Management CIO Alex Chaloff says the selloff in AI stocks is creating buying opportunities in the market. He speaks on "Bloomberg Open Interest." (Source: Bloomberg)
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Shield AI To Hit $28.8 Billion Value With $5.3 Billion Radar Acquisition
Defense tech startup set to acquire Echodyne Corp., which sells radar sensors to government and commercial customers.
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Treasuries Soar as Tech-Stock Selloff Stokes Haven Demand
Treasuries surged as a Democratic sweep in the US midterms led to a selloff in shares of large US technology companies, stoking demand for havens.
AI and data center-linked stocks tumble as Wall Street heads toward worst day since Trump's 2025 tariff announcements
Investors worry Democratic control of Congress could bring tougher scrutiny of the data-center industry
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SpaceX Default Risk Hits Fresh Peak as Tech-Led Selloff Builds
The cost to protect SpaceX debt against default hit a record high Thursday, extending a move sparked by US election results that raised political risks for Elon Musk’s Texas-based companies. Shares in Musk’s SpaceX and Tesla Inc. tumbled…
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Microsoft Sours on Neoclouds IREN, Nebius, Nscale on Delays, Costs
Microsoft Corp. helped create the “neocloud” boom, signing tens of billions of dollars in contracts with upstart data center operators in an effort to sate the crushing appetite for its cloud and AI services.
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Zipline Hits $20 Billion Valuation as Walmart Deal Expands
Drone delivery startup Zipline closed a $1 billion funding round, valuing the company at $20 billion, as it expands its commercial partnership with Walmart in the US. Zipline CEO Keller Rinaudo speaks with Bloomberg’s Ed Ludlow about what…
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AI backlash threatens trillion-dollar data centre boom, say tech leaders
Executives at FT’s Future of AI summit admit tech industry has fuelled hostility towards its own expansion
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Data Center Fears, Blue Sweep Weigh on Chips: Qu
PSP Growth Managing Director Momei Qu says growing scrutiny of data centers could add costs and slow the AI buildout without derailing long-term demand. “We need to bring the voters along,” Qu says on “Bloomberg Surveillance,” arguing that…
Expedia CEO says AI agents aren't changing booking habits — yet
Expedia CEO Ariane Gorin told CNBC that AI agents present an exciting time for the travel industry but that they haven't yet impacted bookings.
THE NEW YORK TIMES — POLITICS POLITICS
Tech Billionaires Face Tricky Political Waters After Democratic Midterm Sweep
Many donated money to President Trump’s favored causes and became his allies. Now that political alignment may be a liability.
Tech stocks plunge on worries about AI and Democrats’ midterm landslide
Shares in technology companies dropped sharply Thursday, compounding recent declines that have sparked concerns about the durability of the artificial intelligence boom that has driven much of recent U.S. economic growth.
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Chips Selloff Worsens as Fears About AI Trade Grip Stock Market
Shares of semiconductor stocks plunged on Thursday, extending a recent selloff as investors turn skeptical on the artificial intelligence trade after the Democrats dominated the midterm elections.