Apple has halted a planned overhaul of its Vision Pro mixed-reality headset to shift resources to smart glasses that would rival products from Meta Platforms.
Read More Apple halts Vision Pro overhaul to focus on AI glasses, Bloomberg News reports
Tag: Bloomberg News
US FTC probes Google, Amazon over search advertising practices, source says
The U.S. Federal Trade Commission is investigating whether Amazon.com and Google misled advertisers that place ads on their websites.
Read More US FTC probes Google, Amazon over search advertising practices, source says
Alphabet shares surge after dodging antitrust breakup bullet
The ruling on Tuesday by Judge Amit Mehta allows Google to retain control of its Chrome browser and Android mobile operating system.
Read More Alphabet shares surge after dodging antitrust breakup bullet
Microsoft to cut about 4% of jobs amid hefty AI bets
The company, which had about 228,000 employees worldwide as of June 2024, had announced layoffs in May, affecting around 6,000 workers.
Read More Microsoft to cut about 4% of jobs amid hefty AI bets
S&P 500, Nasdaq near record highs as rate-cut bets creep up
Traders now price in a nearly 25% chance of the Fed cutting rates in July, compared with 12.5% last week, according to CME Group’s FedWatch tool.
Read More S&P 500, Nasdaq near record highs as rate-cut bets creep up
Ford struggles with supply of rare earth magnets, CEO tells Bloomberg News
By Reuters June 13, 2025 – 7:41 AM PDT (Reuters) – Ford Motor Co (F.N) is struggling with supplies of rare earth…
Read More Ford struggles with supply of rare earth magnets, CEO tells Bloomberg News