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Vanta Valuation Jumps to $4.15 Billion
Bloomberg Technology· 2025-07-23 19:31
So the 150 million, what does it help you do. It helps us continue to help our customers build and demonstrate trust across the Internet. It demonstrates trust across the Internet.I mean, immediately makes me think of today's news flow with worrying about Microsoft in the hack there. I mean, is this something that you're worrying about more broadly that security isn't strong enough, particularly when it comes to access to third parties. Yeah, I think what we've seen is security online.It's an increasing con ...
Open-Source Reigns in US AI Action Plan
Bloomberg Technology· 2025-07-23 19:25
You really look at the way in which we can implement AI from a governance perspective, from a risk tolerance perspective, from a cultural perspective within businesses and arena. When you're looking at this report, when you're thinking about AI being more hands off, more pro-growth, is that the right way. Well, good to see you, Caroline.And today, we really commend the White House on launching the action plan. I think if you dive a little bit deeper into the action plan, there's a key, key statement and sen ...
Elon
Bloomberg Technology· 2025-07-23 19:09
The main character fighting Elon Musk's battles for him is Jared Britchall, who's the head of his family office. He's listed as the CFO for several of his companies. He's the one who led the 250 million investment in Donald Trump's re-election.He's like the fixer for Elon. Can you explain how he manages what Musk calls his legion of children. Jared is listed as an executive at a bunch of Elon Musk companies.He's like sort of a conduit on the business side, but behind the scenes, he also had this other seedi ...
US AI Action Plan Released by White House
Bloomberg Technology· 2025-07-23 18:32
We both printed it out, all 23 pages. We haven't read the entirety of it, the skimmed it, but we've been talking for a while about how the focus of the document is infrastructure related, the American technology stack and the energy to support that. Is there substance to it.Well, the substance will really bear out over time, as we see a lot of administrations, not only the Trump administration, but all of its predecessors have flooded Washington with these sorts of policy directives in the past. And the cat ...
White House Unveils ‘AI Action Plan’ to Spur Development
Bloomberg Technology· 2025-07-23 18:20
Let's start with the Trump action plan. What is this action plan which has been released this morning. Well, it's 23 pages of policy framework, essentially, that is positioned to help what the administration would put it as America winning in Haiti.There's a heavy emphasis on the infrastructure requirements needed, particularly around energy and the energy needed for data center build out. But it goes a little bit further than that in talking about deregulation, essentially cutting red tape on the infrastru ...
New AppleCare Covers Up to Three Devices
Bloomberg Technology· 2025-07-23 18:19
Subscription Service Overview - Apple introduces a new $20 per month subscription plan covering three devices with protection against spills, accidents, and cracked screens, including 24/7 IT support [1] - The new plan bundles coverage for multiple devices like iPhones, Apple Watches, and Vision Pro, potentially offering savings compared to individual device plans [2] - Diagnostic testing is required for older devices to ensure they are in good condition before insurance coverage begins, similar to health insurance [6][7] Strategic Implications for Apple - The subscription model is a significant play for Apple's services division, the second-largest revenue generator behind the iPhone, which includes the App Store, Apple TV Plus, Apple Fitness, and iCloud [4] - Apple aims to monetize its large installed base of 2 billion devices by encouraging more users to subscribe to AppleCare [4] - The subscription service could help offset challenges in the App Store and boost overall subscription sales [5] Consumer Perspective - The loss and theft coverage is particularly appealing to consumers [3] - The $20 per month price point may be attractive to consumers who might not otherwise purchase individual device coverage [5] - Existing device owners may find the bundled plan a convenient way to add coverage to older devices like Apple Watches [7]
US Nuclear Body Among Those Impacted By SharePoint Breech
Bloomberg Technology· 2025-07-23 18:13
Cybersecurity Threat Landscape - Cyberattacks target sign-in credentials, usernames, and passwords, potentially enabling hackers to access multiple systems [1] - A nuclear agency responsible for nuclear weapon development and disposal was hacked, raising concerns about national security [2] - While sensitive or classified information was reportedly not taken from the nuclear agency, the risk of hackers branching out remains a concern [3] - Thousands of servers globally, vulnerable due to a common Microsoft software (SharePoint) vulnerability, are at risk [5] Attribution and Response - Microsoft identified at least two Chinese state-backed hacking groups as being behind some of the attacks [5] - Microsoft rolled out patches to address the vulnerability, but security researchers suggest that patching alone is insufficient after a breach [7][8] Impact and Scope - The full scope of the breaches is still under investigation, and Microsoft has not disclosed the number of customers affected [6] - The attacks are not limited to the US, with a Dutch cyber company identifying the activity as international [4]
AI in Focus for Alphabet’s Earnings
Bloomberg Technology· 2025-07-23 18:10
You have got. I think it's about a $200 price tag. Outperform on Alphabet.How can they live up to the prior to this day ten day run up a longest winning streak for Alphabet that we've seen since 2010 brought. Yeah, there's a couple of kind of current things going on. I think first on the fundamental side, we're going to see really good numbers.Our checks through the quarter were fairly strong and I do expect them to print upside tonight. So I think that's kind of why you've seen the market price that in a l ...
Tesla Earnings Preview: What to Watch for
Bloomberg Technology· 2025-07-23 12:10
We have some big names on deck for earnings today. One of them Tesla set to report after the market close. Let's get more from Bloomberg's Danny Lee.Danny, what are we expecting. Well, Tesla is entering a period of historical weakness driven by the fall in sales quarter on quarter. So we've seen the most recent quarter period of which we report sales are down 14%.And so that may very well be baked into earnings. We are expecting revenue for the second quarter of around 23 billion USD earnings per share of a ...
Unpacking Geopolitics Behind the AI Race
Bloomberg Technology· 2025-07-22 19:59
AI regulation needs a global approach, according to Nikolaus Lang, managing director and senior partner at the Boston Consulting Group and global leader of the BCG Henderson Institute. He discusses the geopolitics of AI with 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 of "Bloomberg Technology" with Caroline Hyde and Ed Ludlow here: https://www.y ...