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Top StoriesDeal rejection: SpaceX approached artificial intelligence coding startup Cognition AI about a potential acquisition, in what would have been its second large takeover in recent months to gain ground in the AI race. Cognition rebuffed the approach. Share buyback: Memory-chip maker SK Hynix, which has seen its market value more than double this year, said it would buy back $29 billion of stock and return more profits to investors. The shares have tumbled more than 50% in two months. Back to the drawing board: Sony’s PlayStation division is reworking the latest game in its Horizon franchise after receiving negative player feedback. The staff has through December to impress executives with a do-over.
Must ReadsBeyond The BriefPromotions for GLP-1 weight loss drugs have flooded social media and are bombarding the timelines of teens, Alexandra S. Levine writes in today’s Tech In Depth. The ill effects of those drugs on the health of young people may spur the next wave of claims in the lawsuits against social media companies, 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 BulletinT-Mobile security officers used a very old-school method to foil hackers before customers’ data could be accessed late in 2024 in the Salt Typhoon attack, considered one of the most audacious cyber espionage campaigns, Jake Bleiberg reports in this week’s Cyber Bulletin. The T-Mobile staffers literally cut the cord and pulled out the router they suspected had been infiltrated, 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. Before You Go...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.
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Thursday, August 20, 2026
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