Employees change: Salesforce resigns and hires
AI is causing a job transformation, at least at Salesforce. Around 1,000 jobs are to be cut at the software company. However, ...
Bloomberg L.P.1d
Bloomberg Terminal
The Bloomberg Terminal revolutionized an industry by bringing transparency to financial markets. More than four decades on, it remains at the cutting edge of innovation and information delivery ...
Stablecoin Issuer Tether Says Profit Was $13 Billion Last Year
Tether Holdings Ltd., the stablecoin issuer that was pulled into the spotlight this week during the confirmation hearing for ...
Bloomberg L.P.6d
Nvidia’s DeepSeek Drop Has Wall Street Fixated on Key Stock Mark
On Wall Street, all eyes are on Nvidia Corp.’s stock as chart-watchers search for signs the chipmaking giant will claw its way back from a DeepSeek-driven rout, given its power to sway the ...
Bloomberg L.P.6d
Millennium Commodities Arm Earned More Than $500 Million in 2024
Izzy Englander’s Millennium Management earned more than $500 million from commodities investments last year, people familiar with the matter said, as the business develops after becoming a ...
Business Insider4d
UniCredit bought less than 4% stake in Generali, Bloomberg reports
UniCredit (UNCRY) has built a stake of less than 4% in Assicurazioni Generali (ARZGY), Sonia Sirletti and Tiago Alfaro of Bloomberg reports, citing people familiar with the matter. The lender ...
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Exxon, Chevron betting part of their future in supplying energy, Bloomberg says
Kevin Crowley of Bloomberg reports. Those plans, however, took a significant knock after the release of DeepSeek’s AI model, which uses a fraction of the power required to run the AI models ...
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Stellantis CSO, others step down as part of management shakeup, Bloomberg says
Bloomberg News reports, citing people familiar with the matter. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See the top stocks ...
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Barclays customers experience third day of disrupted services, Bloomberg says
Barclays (BCS) customers are facing a third day of disrupted services following an IT problem, Rob Freeman, Rosie Shead and Danielle Desouza of Bloomberg report. On Friday, online and mobile ...
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Honda efforts to absorb Nissan may undermine motorcycle business, Bloomberg say
Honda Motor’s (HMC) efforts to strengthen its car sales by absorbing Nissan Motor (NSANY) could undermine the company’s motorcycle business, Nicholas Takahashi of Bloomberg reports.
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EA permanently moves BioWare staff to new projects, Bloomberg reports
Bloomberg’s Jason Schreier reports, citing people familiar with what happened. The workers were no longer BioWare employees on temporarily on assignment elsewhere, but rather staff at whichever ...
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Apple cancels plans to build Mac-connected AR glasses, Bloomberg reports
according to Bloomberg’s Mark Gurman. The company shuttered the program this week, people with knowledge of the move. Apple is still working on other AR-related projects, including updated ...