Asahi says most of its 30 factories in Japan have not operated since September 29 after a cyberattack, leaving Japan with just days of Asahi Super Dry stock — Vast majority of factories of nation's most popular beer have stopped work this week — Japan is just a few days away from running …
Source: HR software company Gusto paid ~$600M to acquire Guideline, which offers 401(k) plans to SMBs; Guideline raised $340M and had a $1.15B valuation in 2021 — Last month, Gusto, a payroll and HR software company, announced that it agreed to acquire Guideline, a startup offering retirement plans to small and medium businesses.
Epic says Apple's iOS 18.6 “updated user experience” for alt app marketplaces increased installations “for the first time”, cutting drop-offs from 65% to ~25% — But Google still makes them intentionally difficult to install.
Education software maker Anthology files for bankruptcy, listing $1B to $10B in both assets and liabilities after its Blackboard merger debt became unmanageable — Anthology Inc., the Veritas Capital-backed education-software provider, sought Chapter 11 bankruptcy protection in the US …
Jaguar Land Rover secures £2B from banks as “a liquidity backstop”, on top of a £1.5B UK government loan, and aims to resume manufacturing after its huge hack — UK carmaker plans to resume manufacturing this week following month-long shutdown
OpenAI launches its first extended ad campaign for ChatGPT featuring three 30-second cinematic ads with a focus on everyday AI use cases in the US and the UK — After running a Super Bowl commercial last February, OpenAI is now launching its first extended brand campaign for ChatGPT …
Singapore-based Neptune Robotics, which makes robots to clean the underside of giant ships, raised $52M and aims to use AI to help clean ~150 ships per month — Neptune Robotics, which makes robots that clean the underside of giant ships, raised $52 million to accelerate its artificial intelligence-fueled global expansion.
A look at AI-powered “nudify” tools, which make it fast and easy to make nonconsensual, deepfake porn, and the limited legal options available to their victims — In June of last year, Jessica Guistolise received a text message that would change her life.
Experts warn that Nvidia's large investments in data centers and startups, almost like a stimulus program, could be artificially inflating demand for its GPUs — Even by the standards of one of the most prodigious dealmakers in tech, the past month or so has been a head-spinning one for Nvidia's Jensen Huang.
Oracle, whose expenses are rising as it begins to fulfill massive cloud infrastructure deals, turned cash flow negative this year for the first time since 1992 — Welcome to Tech In Depth, our daily newsletter about the business of tech from Bloomberg's journalists around the world.
Why YouTube is key to Google's success in AI, with YouTube's AI enhancements making video content more monetizable than text-based content in Search — Action is happening up-and-down the LLM stack: Nvidia is making deals with Intel, OpenAI is making deals with Oracle, and Nvidia and OpenAI are making deals with each other.
Sources: Apple is ramping up efforts to source manufacturing machinery in India, essential for making iPhones locally, and is working with around 17 suppliers — Around 17 companies have directly started working with Apple in India for capital equipment and tools over the last 20-24 months and the number is only expected to go up
An interview with California state Senator Scott Wiener on his new AI safety bill SB 53, the bill's scope, his focus on AI safety bills, AI PACs, and more — This is not California state senator Scott Wiener's first attempt at addressing the dangers of AI.
Checkout.com announces an employee share buyback at a $12B valuation, up 30% from $9.35B two years ago yet below $40B in 2022, and says an IPO isn't a priority — Checkout.com is allowing employees to sell some of their shares back to the firm at a $12 billion valuation …
Financial Times : Russian cryptocurrency payment network A7 expands to Africa, as Moscow builds an alternative payments system amid weste...
