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| Bribery case: Huawei Technologies executives would likely have known about — and signed off on — alleged bribes to European Union lawmakers in 2021, according to Belgian judicial authorities in a case involving a lobbyist for the Chinese telecom giant. Oracle cyberattack: The software company warned health-care customers that a server had been infiltrated earlier this year by hackers, who stole patient information. Chip funding: Japan is preparing to provide as much as $5.4 billion to chip startup Rapidus, a move that reflects the government's growing resolve to secure semiconductor supplies during a time of heightened US-China tensions. | |
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| Billionaire Elon Musk said his xAI artificial intelligence startup acquired his X social network at a valuation of $33 billion in an all-stock deal. He bought the platform, then known as Twitter, for $44 billion in 2022. Musk, the majority owner of both companies, said their futures were intertwined and he was taking the step "to combine the data, models, compute, distribution and talent." | |
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| In today's Tech In Depth, Austin Carr reports on Major League Baseball's experiment with an Automated Ball-Strike System — robot umpires. The test during spring training showed the ABS system may provide a lighter touch of technology for the game than many traditionalists fear. For more Bloomberg coverage of the tech industry, subscribe here. | |
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| Apple is preparing its biggest health care push to date with a revamped app and AI doctor service, Mark Gurman reports in this week's Power On. While the iPhone maker has some long-term moonshot medical initiatives, the app and AI doctor are seen as a quicker way to advance the company's goal to transform health care. For more of Mark's Apple coverage, subscribe here. | |
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