Zuckerberg’s AI stand-in

Hi, you’re receiving our free Tech In Brief newsletter because you had been getting one of Bloomberg’s technology newsletters that are now subscriber-only. You can manage your subscriptions here.

Tech Across the Globe

Age limits: The EU unveiled an app to confirm users’ age online. See what that means for social media companies.

Google’s successful bet: The Alphabet company is poised to make $100 billion from its investment in SpaceX when the rocket company goes public. Here’s who else stands to gain “life-changing” returns.

Snap jobs: The social media company said it was cutting 1,000 full-time employees, or 16% of its workforce. CEO Evan Spiegel explained it this way.

Enviable margins: TSMC reported earnings that yet again beat consensus estimates, with gross margin for the March quarter at 66.2%. The world’s top chipmaker also had a warning for Elon Musk.

Related Stories

Technology

Anthropic Draws Investor Offers at Over $800 Billion Value

Anthropic has received several offers from investors for a new round of funding that could value the artificial intelligence startup at about $800 billion or higher — overtures that the Claude maker has so far resisted, according to people familiar with the matter.

Industries

Allbirds Pivots to AI From Sneakers and Shareholders Love It

Allbirds, the once-buzzy maker of wool sneakers valued at more than $4 billion in its heyday, announced a new business plan just days before it was set to close down for good: AI computing infrastructure.

Industries

Verizon CEO Says ‘Best Network’ Claims Not Enough Anymore

Verizon can’t coast on claims that it has the best wireless network anymore, the carrier’s new CEO Dan Schulman said in Wednesday remarks, reiterating his strategy of focusing on improving the overall customer experience.

Bloomberg Podcast

Photo Illustration by 731; Portrait: Victoria Smith/Eyevine/Redux

Must Read

Mark Zuckerberg is working on an artificial intelligence assistant that will learn his speech patterns and company strategy so that it can substitute for the Meta CEO in conversations with employees, Kurt Wagner reports in today’s Tech In Depth. Is this a good idea or just another example of Zuckerberg throwing himself into what he thinks is the company’s next big thing?

Get the Tech In Depth newsletter for analysis and scoops about the business of technology from Bloomberg’s journalists around the world.

This Week in Cyber Bulletin

While the risks of cyberattacks are increasing, a US Treasury Department program that shares intelligence with financial institutions about potential hacks is set to end this month after the agency cut its funding, Jack Bleiberg, Margi Murphy and Jordan Robertson report in this week’s Cyber Bulletin.

Sign up for the Cyber Bulletin newsletter for exclusive coverage inside the shadow world of hackers and cyber-espionage ‒ and how businesses are playing defense.

More from Bloomberg

Get Tech In Depth and more Bloomberg Tech newsletters in your inbox:

• Cyber Bulletin for the shadow world of hackers and cyber-espionage
• Game On for diving deep inside the video game business
• Power On for Apple scoops, consumer tech news and more
• Screentime for a front-row seat to the collision of Hollywood and tech
• Soundbite for the podcasting and music industries plus audio trends
• Q&AI for answers to all your questions about AI

We’re improving your newsletter experience and we’d love your feedback. If something looks off, help us fine-tune your experience by reporting it here.

Follow Us

You received this message because you are subscribed to Bloomberg’s Tech In Brief newsletter. If a friend forwarded you this message, sign up here to get it in your inbox.

|