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| AT&T's rebound: In the face of a tech market rout, AT&T had its best day in more than 15 months after reporting surprisingly strong gains in mobile phone customers and fiber-based internet subscribers. Sexual harassment fallout: The president of Fuji Television Network and the chairman of its parent company will step down over the handling of an allegations that former J-pop star Masahiro Nakai sexually harassed a woman while he was working for the broadcaster as a TV host. Musk spurs anger: Telsa faces a boycott in Poland after Elon Musk spoke at a rally for Germany's far-right Alternative for Germany party and said there was "too much focus on past guilt," referring to World War II atrocities. The comments drew criticism in Germany and touched a nerve in Poland as world leaders commemorated the anniversary of the liberation of the Auschwitz death camp. | |
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| Wall Street banks are preparing to sell $3 billion in debt tied to Elon Musk's buyout of Twitter, now X, with a bit of sweetener — a claim on X's stake in Musk's artificial intelligence venture, xAI Corp. The valuation of X is being boosted by the previously undisclosed stake of about $6 billion in xAI. That has raised the price of the debt to a range of 90 cents to 95 cents on the dollar, from as low as 60 cents in 2022. | |
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| In today's Tech In Depth, Ian King writes that Big Tech executives are likely to face a different set of questions about AI after the announcement from Chinese startup DeepSeek that it had developed a chatbot model at a fraction of the cost of existing technology. DeepSeek's achievement has many wondering whether spending more money is really the path to AI success. For more tech coverage from Bloomberg, subscribe here. | |
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| Mark Gurman writes in Power On that Apple has fallen behind Meta and Google in the race to make augmented reality glasses for consumers, but remains a looming threat. To see more from Mark, subscribe here. | |
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