Tuesday, February 10, 2026

China’s tussle for AI customers

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Tech Across the Globe

Workday changes CEO: The software company's co-founder Aneel Bhusri is replacing Carl Eschenbach as chief executive officer after Workday's stock plunged 44% over the past 12 months.

Uber's acquisition: The US ride-hailer has agreed to buy the delivery operations of Turkey's Getir as it expands its push in the Middle East.

Vietnam data centers: G42, the UAE's top artificial intelligence company, is leading a consortium that plans to spend $1 billion to build three data centers and provide cloud services in Vietnam.

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Oracle Shares Surge as Big Tech Spending Eases Software Worries

Revalued

Stripe, the closely held payments giant, is arranging a tender offer that would give the company a valuation of $140 billion, a jump of more than $30 billion from an investment round last year. The latest deal is a sign that Stripe may continue to delay a move to the public markets.

Must Read

China's tech leaders are back to their old habits of price competition, throwing subsidies — in the form of digital red packets around the Lunar New Year festival — at users in hope of securing long-term subscribers. Bloomberg's Gao Yuan recaps the aggressive spending from Alibaba, Tencent and ByteDance in today's Tech In Depth.

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 Power On

Apple plans a product blitz in 2026 with the iPhone 17e, updated iPad models and fresh Macs, Mark Gurman reports in this week's Power On. The 17e, the latest version of Apple's budget phone, will get a new, more powerful chip and MagSafe charging, he writes. 

Sign up for the Power On newsletter to get the inside scoop from Mark Gurman on all things Apple and consumer tech.

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