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DeepSeek Shakes Up Stocks as Traders Fear for US Tech Leadership

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(Bloomberg) -- US stock index futures tumbled in Asian trading hours Monday amid concerns that an artificial intelligence model from...
Sports

Netflix Posts Record Quarter Thanks to Sports, ‘Squid Game’

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(Bloomberg) -- Netflix Inc. closed 2024 with its biggest quarterly subscriber gain in history, buoyed by its first major live...
World

Tariff Relief Lifts S&P Futures as Trump Sworn In: Markets Wrap

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(Bloomberg) -- Wall Street breathed a collective sigh a relief after Donald Trump held off from imposing China-specific tariffs on...
Jobs

Perplexity said to submit bid to merge with TikTok’s US unit

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(Bloomberg) — Perplexity AI submitted a bid to TikTok parent ByteDance Ltd., to merge with its US operations and create...
Jobs

Microsoft, Google, Adobe Give $1 Million Each to Trump Inaugural Fund

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(Bloomberg) -- Microsoft Corp., Alphabet Inc.’s Google, and Adobe Inc. are each donating $1 million to Donald Trump’s inauguration fund,...
Jobs

Ex-Google CEO Schmidt Said to Be Relativity Space Investor

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(Bloomberg) -- Eric Schmidt, the former chief executive officer of Google, has made a significant investment in 3D-printed rocket maker...
Infra

Infrastructure Reform Key to Lift South Africa Growth, BER Says

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(Bloomberg) -- South Africa must invest 200 billion rand ($11 billion) to revive its frayed railways, half that amount again...
Bussiness

Tesla Stock Surge Runs Up Against a Potential Annual Sales Drop

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(Bloomberg) -- For all the exuberance about Tesla Inc. benefiting from Donald Trump’s return to the White House, Wall Street...
Bussiness

Big Lots strikes deal to save stores, stop brand from closing

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(Bloomberg) — Bankrupt Big Lots Inc. has struck a deal to save hundreds of stores after an earlier sale of...
Bussiness

South Korea’s Business Confidence Tumbles by Most Since Pandemic

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(Bloomberg) -- South Korea’s business confidence deteriorated the most since the global outbreak of Covid-19, reflecting mounting concerns about an...
Tech

Stocks Buoyed as ‘Santa Claus Rally’ Period Begins: Markets Wrap

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(Bloomberg) -- A rally in the group that has led Wall Street’s gains in 2024 lifted stocks in a relatively...
Jobs

Apple is reportedly developing a home-security product that could compete with Amazon and Google

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