Battle of the travel super apps

Airbnb and Uber have the same idea: to reimagine themselves as one-stop travel super apps. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

Here’s your wrap of the latest must-read tech news. For more expansive and analytical coverage from around the globe, get the Tech In Depth newsletter. Market Snapshot Micron Technology Inc $895.88 +19% SK hynix Inc 2,261,000 won +8.2% Sony Group Corp ¥3,525 -0.6% Market data as of 04:01 AM ET. Data is subject to provider delays. Your watchlist Top Stories Chip deal: TikTok owner ByteDance is poised to become one of Qualcomm’s first major customers for AI-focused data-center chips. It’s a win for the US company diving deeper into AI infrastructure. Xiaomi buying Xiaomi: The Beijing-based electronics powerhouse announced a fresh buyback program after a disappointing set of earnings on Tuesday. Profit was dinged by a predictable industrywide bottleneck. Starlink in the air: American Airlines plans to install SpaceX’s Starlink satellite internet service across more than 500 narrowbody aircraft beginning in early 2027. It adds to an accelerating race among carriers to offer faster and more reliable onboard connectivity. Top Reads China Expands Travel Curbs to Top AI Talent at Private Firms China is restricting overseas travel for top AI professionals in private firms such as Alibaba Group Holding Ltd. and DeepSeek, suggesting an escalation in measures intended to safeguard its technology and catch up to the US in a pivotal sphere. Memory Chip Frenzy Sends SK Hynix, Micron Into $1 Trillion Club The breakneck surge in memory-chip stocks is intensifying, sending the market capitalizations of SK Hynix Inc. and Micron Technology Inc. above $1 trillion for the first time, as investors bet the AI boom will lead to a sustained revaluation of the industry. Donald Newhouse, Who Led Family’s Newspaper Group, Dies at 96 Donald Newhouse, the US billionaire who oversaw the newspapers at the heart of his family’s closely held media empire, including the Plain Dealer in Cleveland, the Oregonian in Portland and the Star-Ledger in Newark, New Jersey, has died. He was 96. Beyond The Brief At a glance, Uber and Airbnb occupy very different lanes: One pioneered the concept of ridesharing, and the other is best known for letting people rent out their homes. But the two giants, both in search of growth, are converging on a similar strategy: Evolve into do-it-all super apps that cater to all of a traveler’s possible needs, from lodging to transport to on-demand food orders. This trend has actually been in motion for years, writes Natalie Lung, and is likely to intensify over the coming year. Read her full Tech In Depth essay to learn how both companies ended up here. Before You Go... Google’s Fitbit Air Gives Whoop Some Serious Competition The Fitbit Air, a new $100 screenless wearable from Alphabet’s Google, represents a major evolution in what consumers can expect from fitness trackers as tech companies race into an era of personalized health and artificial intelligence-powered wellness insights. Read more We’re improving your newsletter experience and we’d love your feedback. If something looks off, help us fine-tune your experience by reporting it here. Follow Us You received this message because you are subscribed to Bloomberg’s Tech In Brief newsletter. If a friend forwarded you this message, sign up here to get it in your inbox. Unsubscribe Bloomberg.com Contact Us Bloomberg L.P. 731 Lexington Avenue New York, NY 10022 |