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| PDD firings: The e-commerce company fired dozens of workers after a fistfight between employees and Chinese regulators who were investigating reports of fraudulent deliveries. Oracle data center funding: The company said a huge data center project in Michigan was "on schedule," although it won't be financed by regular partner Blue Owl Capital. Amazon staff shake-up: Amazon, which has been in a tight competition with rivals to provide cloud services for artificial intelligence work, reorganized its teams working on AI and named a new leader. | |
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| Chip startup Mythic has raised $125 million in a new funding round, money that will help support its attempt to challenge Nvidia in the lucrative market for artificial intelligence processors. | |
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| More and more hit creators on TikTok have turned their popularity on the video sharing app into opportunities in mainstream entertainment, Alexandra S. Levine reports in today's Tech In Depth. To capitalize on that movement, and give its digital creators even more exposure, TikTok is holding its first US Hollywood-style awards show on Thursday, she writes. Get the Tech In Depth newsletter for analysis and scoops about the business of technology from Bloomberg's journalists around the world. | |
This Week In Cyber Bulletin | |
| In a keystroke on a laptop, Amazon security staff foiled a plot by a North Korean hacker to infiltrate the company, Jake Bleiberg reports in this week's Cyber Bulletin. The scheme, which has worked against numerous businesses, involves a hacker posing as a legitimate information technology worker, he writes. Sign up for the Cyber Bulletin newsletter for exclusive coverage inside the shadow world of hackers and cyber-espionage ‒ and how businesses are playing defense. | |
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- Soundbite for reporting on podcasting, the music industry and audio trends
- Q&AI for answers to all your questions about AI
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