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Private Credit Infecting Public Markets, Boaz Weinstein Says
While sitting for a "Bloomberg Money Stuff" podcast episode taping, Saba Capital Management CIO Boaz Weinstein speaks about private credit "infecting" public markets. (Source: Bloomberg)
Pink Floyd guitar sold for record-breaking $14.6m
The guitar was used by David Gilmour on some of Pink Floyd's best-known albums, including Dark Side of the Moon.
Figuring out why AIs get flummoxed by some games
When winning depends on intuiting a mathematical function, AIs come up short.
Spotify tests letting users directly customize their Taste Profile
Spotify Premium users in New Zealand will be the first to experience the service's latest personalization feature. The company is letting users view and make …
Nyne, founded by a father-son duo, gives AI agents the human context …
The data infrastructure startup raised $5.3 million in seed funding led by Wischoff Ventures and South Park Commons.
LSEG Looks to Sell as Much as $3 Billion of Bonds Next …
The London Stock Exchange Group Plc is seeking to sell as much as $3 billion of high-grade US corporate bonds as soon as early next …
Oaktree’s Poli Says Bigger Price Moves in Credit Are Coming
Oaktree Capital Management’s Danielle Poli says the moment for the distressed debt shop to scoop up the asset class in droves isn’t here yet as …
Nvidia prepares AI ‘inference’ chip launch to counter rising challengers
Jensen Huang to unveil new products at GTC event next week as spending shifts from training to running AI models
Hedge Funds Turn Most Bullish on Oil Since 2020 Amid Iran War
Hedge funds turned the most bullish on Brent oil in six years at the outset of one of the crude market’s most volatile weeks ever.
Google Fiber will be sold to private equity firm and merge with …
GFiber and Astound to merge with Alphabet, selling majority stake to Stonepeak.
Microsoft’s Copilot AI assistant is coming to current-gen Xbox consoles this year
Xbox is getting ready to launch its Gaming Copilot AI assistant on "current-generation consoles" this year, according to a report from GamesRadar. Sonali Yadav, Xbox's …
Trump Mobile is just one in the crowd of conservative carriers
Where's the Trump phone? We're going to keep talking about it every week. This week, I wanted to see how Trump Mobile stacks up to …
Digg’s open beta shuts down after just two months, blaming AI bot …
It's only been a year since Digg founder Kevin Rose, Reddit cofounder Alexis Ohanian, and a few others announced the link-sharing site would relaunch, promising …
Drone attack on market in Sudan kills 11, as air war civilian …
More than 200 civilians killed in recent days as drone strikes tear through markets, schools and hospitals.
Facebook makes it easier for creators to report impersonators
Facebook is making it easier for creators to report impersonators while tightening rules around reposts and other unoriginal content.
Supply-chain attack using invisible code hits GitHub and other repositories
Unicode that's invisible to the human eye was largely abandoned—until attackers took notice.
Israel’s military campaign in Lebanon reaches devastating new phase
Israel has warned Lebanon could face Gaza-level destruction.
Iranian missile strike in central Israel sets building ablaze
Smoke and flames rising beside a road in central Israel after an Iranian missile attack, the Israeli army said.
US judge throws out justice department subpoenas to Fed, citing ‘thin’ evidence
Court says Donald Trump’s DoJ was seeking to ‘pressure’ chair Jay Powell to cut interest rates
UK petrol trade body in dispute with ministers over ‘inflammatory’ comments
PRA claims staff have been abused by public following government comments suggesting retailers are ‘price gouging’
Steven Spielberg says he’s ‘never used AI’ in any of his films
At SXSW, Steven Spielberg said AI has uses in many fields, but not when it comes to replacing creative people in film and TV writing.
Instagram is getting rid of end-to-end encrypted DMs that ‘very few’ people …
Instagram will no longer support end-to-end encrypted messages starting May 8th. In a statement to The Verge, Meta spokesperson Dina El-Kassaby Luce says the platform …
The biggest AI stories of the year (so far)
The AI industry is constantly churning out news, like major acquisitions, indie developer successes, public outcry, and existentially dangerous contract negotiations.
F1 set to scrap races in Bahrain and Saudi Arabia amid Iran …
Expected cancellation of lucrative races highlights widening economic impact of the Middle East conflict
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