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US, China Reach Framework Deal to Keep TikTok Operating
Bloomberg Technology· 2025-09-16 20:01
Washington and Beijing have agreed on a framework that would allow TikTok to continue operating in the US. According to Sarah Kreps, director of the Tech Policy Institute at Cornell University, a planned call between the two countries’ leaders on Friday will likely just cement the agreement. She joins Caroline Hyde and Ed Ludlow on “Bloomberg Tech.” -------- Like this video? Subscribe to Bloomberg Technology on YouTube: https://www.youtube.com/channel/UCrM7B7SL_g1edFOnmj-SDKg Watch the latest full episodes ...
ServiceNow to Open AI Hub in Florida
Bloomberg Technology· 2025-09-16 19:49
Let's start with the service now piece. You know, in this environment, Bill, where there's such a micro focus on the talent in AI and where companies are spending resources. Why does this position, ServiceNow, better to have this footprint in Florida.Well, there's no artificial intelligence without human intelligence said, and there's no leader that can develop a project in a dream better than Stephen Ross. And you mentioned the Hudson Yards, but he also did the Time Warner Center. And we've been friends fo ...
Investors Weigh AI Euphoria
Bloomberg Technology· 2025-09-16 19:45
More. This fits into the whole array of conversation we keep having about the need for investment in I. We just think back to Oracle's numbers last week and how much they were showing that they've got this backlog building.We've got all the hyperscalers trying to build out. Alphabet's looking to build a data center in the UK. Are we seeing that continuing to go up into the right at the speed that we see at the moment.Well, I think what we're seeing is actually we're hitting an inflection point in inferencin ...
Tesla Faces Door Handle Probe From Auto Safety Regulators
Bloomberg Technology· 2025-09-16 19:37
Let's start with the investigation, which is an investigation. Craig, explain the parameters of what Nitze is looking at and the scope of what they're looking at. Yeah, it's interesting.You know, the sort of headline information at the top of this document that it's an issue today refers to a pretty narrow, narrow set of vehicles. This is the 2021 Model Y. It's about 170,000 cars.But the issue here has the potential to be much broader, because what Nissan is looking at is Tesla's approach to its its door de ...
YouTube Unveils New AI Tools for Creators at Event
Bloomberg Technology· 2025-09-16 18:19
How much are you adopting the A. I. tools, how much your team adopting it, and making your life a little easier.We've definitely got our pulse on it. We're using it a lot for like ideation and like thumbnails I'd say is like the main like i.e. eating what thumbnails are. But it's like it will be really interesting to see how consumers feel about this, right.Because some people do feel like it's taking the creator out of the loop. But I think YouTube's been very clear today. They want a creator in the loop i ...
Next-Gen Nuclear Reactors Are Coming to US, Wright Says
Bloomberg Technology· 2025-09-15 21:26
Nuclear Energy Development - The industry anticipates the deployment of next-generation small modular reactors, with expectations of having one operational before July 4th of the following year and several more throughout the year [1] - The industry believes demonstrating the entire nuclear system's operation will accelerate final permitting, sales, and commercialization of reactors [2] - The industry projects commercial electricity from fusion energy could be available in as little as 8 years, and is unlikely to exceed 15 years [4] Energy Policy and National Security - The administration's goal is domestic prosperity and peace abroad, both closely linked to energy [5] - The administration aims to provide low-cost, abundant, and affordable energy to lower costs for Americans and boost businesses [6] - The US aims to replace Europe's energy dependence on Russia with US energy sources [6] - The US assures Europe it can increase natural gas exports as a secure partner and sees enthusiasm for American nuclear technology [7] Energy Costs and Grid Capacity - The administration is committed to lowering energy prices in the US, particularly for gasoline, diesel, and oil products [8] - The administration is permitting new electric generating capacity that will cost less than half of what was built under the previous administration [9] - Adding new capacity to the grid will take time for overall grid costs to decrease meaningfully [10] Climate Change Perspectives - A report deemed the threat of climate change as exaggerated, but there is no dispute about temperature and sea level data [12] - The report aimed to popularize data often ignored by climate alarmists and politicians, with 90% of its content sourced from Intergovernmental Panel on Climate Change Reports [13] - The report's data on temperature, sea level, and models faces little disagreement, with complaints mainly focusing on future projections [17] - Climate change is considered a real phenomenon but wildly exaggerated and misrepresented [18]
US, China Reach TikTok Deal Framework Says Bessent
Bloomberg Technology· 2025-09-15 19:53
US Treasury Secretary Scott Bessant said a framework to keep the TikTok app running in the United States has been reached. President Trump and she can speak to complete this deal. We've been very close before.Remind us of how close we came. But like six months ago, well, we came extremely close back in the spring. I think it was a couple of weeks before the deadline had been reached.Vice President Pence said we are very close on a high level deal. And then days before President Trump basically said we are a ...
Lila Wants to Create 'Scientific Superintelligence'
Bloomberg Technology· 2025-09-15 19:53
I think the best place to start, Jeff, is just with the basics of explaining what it is like to wants to do, because, you know, maybe the money gives credibility, it gives you the news headline, but there's a very specific focus that you have. Yes. First of all, thank you for having me.Malala's mission is the reason for this fundraise. Our mission is scientific superintelligence to solve humankind's greatest challenges. That is, of course, a lofty mission.But what it means is that we're trying to build a ki ...
Musk Stocks Up on $1 Billion of Tesla Shares
Bloomberg Technology· 2025-09-15 19:43
Just showing boldness, showing a support for the company that investors seem to like. How did he orchestrated on Friday. Yeah.I mean, he did it in the midst of of you and Ed talking with Robin Denholm at Tesla, the chair of the company. There's clearly a sort of coordinated effort on the part of Musk and the board to really generate excitement about the future of this company at a time when there's a lot of reasons to be really concerned. Right.In terms of the here and now business. We continue to see signs ...
Apple Focuses on Design, Another AI Executive Leaves
Bloomberg Technology· 2025-09-15 19:41
What was this executive function and role that makes it so notable that it's the latest and another departure from Apple. Walker was in charge of Siri. It's as simple as that.He was leading Siri for the last several years, but he was demoted out of that role in the spring when Apple realized that it would need to delay its new Apple intelligence upgrade for Siri for upwards of a year. And after that, Walker was removed from his position. His boss, John Gene Andrea, was removed from overseeing both Siri and ...