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2 mins read

Michael Bloomberg is worth an estimated $106 billion — but you won't find him on the Bloomberg rich list

Forbes estimates Michael Bloomberg is one of the few worth more than $100 billion. He doesn't appea…

Theron Mohamed   


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2 mins read

The world's top chipmakers can flip a 'kill switch' should China invade Taiwan, Bloomberg reports

Chip giants ASML and TSMC have a remote shutdown option for their advanced EUV chipmaking machines,…

Huileng Tan   


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1 min read

Apple shelves plans to develop displays for smartwatch: Report

Tech giant Apple has reportedly shelved plans to develop display screens for its smartwatch.

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5 mins read

Boom2Bust: Retail investors to face the brunt as small and midcap corrections wipe out billions of dollars

The mid- and small-cap retail investors seem star-crossed at the moment as the markets continue to …

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1 min read

Donald Trump crashes out of the Bloomberg rich list due to his meme stock nosediving

The company that owns Truth Social has plunged 53% from its peak two weeks ago, slashing Donald Tru…

Theron Mohamed   


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1 min read

Elon Musk wanted Tesla to slash its headcount by 20% because its quarterly vehicle deliveries fell by that much, Bloomberg source says

Musk told Tesla staff in a memo that the company's "rapid growth" had resulted in "duplication of r…

Kwan Wei Kevin Tan   


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1 min read

Apple's car prototype was internally called the 'Bread Loaf' because of its shape: Bloomberg

Apple's car team cycled through several designs, but the "Bread Loaf" was actually tested by CEO Ti…

Matthew Loh   


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2 mins read

India overtakes Hong Kong to become fourth-largest stock market

The Indian stock market has pipped Hong Kong to become the fourth-highest equity market globally, B…

ANI   


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1 min read

Apple's car at one point replaced the steering wheel with an Xbox-like controller for when its self-driving couldn't cut it: Bloomberg

The controller was the most developed backup control created by Apple's team for its "Bread Loaf" p…

Matthew Loh   


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3 mins read

India will need to invest 5% of its GDP annually to meet net-zero emissions by 2050; EV largest share of investment

To actualise a net-zero scenario, we will need to bolster our wind and solar power plant capacities…

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1 min read

Harvard alumni are slashing donations and taking the college out of their wills over its response to the Israel-Hamas war: Bloomberg

"I will not be calling any of my classmates to try to encourage them to donate to Harvard," said al…

Kwan Wei Kevin Tan   


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2 mins read

US intel shows China's army had missiles filled with water instead of fuel in a corruption scandal that led to Xi's military purge: Bloomberg

US intelligence also indicated that entire fields of missile silos in Western China used lids that …

Matthew Loh   


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4 mins read

Democratic strategist accused of sexually assaulting woman while working for Mike Bloomberg's campaign days after 9/11

Duane Baughman filed his own lawsuit against his accuser in June, saying she's run "a 20+ year smea…

Jacob Shamsian   


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2 mins read

Mark Zuckerberg was once so detached from Meta's AI work, he wasn't sure which breakthrough Sundar Pichai was praising him for: Bloomberg

Speaking to Zuckerberg at a conference in Idaho in 2021, Pichai expressed admiration for a Facebook…

Kwan Wei Kevin Tan   


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1 min read

Elon Musk's X could introduce 3 different tiers of premium service for users: Bloomberg

Musk said last month that X may one day go behind a paywall for everyone, so he can better "combat …

Kwan Wei Kevin Tan   


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2 mins read

Michael Bloomberg implies remote employees are playing golf instead of working: 'It is funny, but it's tragic'

"Every golf course that I've heard about in the last three years has had record summers, okay?" Mic…

Sarah Jackson   


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3 mins read

Why Michael Bloomberg is the keeper of the keys on Wall Street

Few things are more entrenched on Wall Street than Michael Bloomberg's terminal, which is ubiquitou…

Dan DeFrancesco   


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2 mins read

Former NYC mayor Michael Bloomberg has had it with federal employees working from home

Bloomberg's comments come amid a furious, ongoing debate about the future of remote work as the wor…

Huileng Tan   


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2 mins read

Bloomberg insiders can't be sure if Mike Bloomberg will choose an internal successor because he 'believes in stability, and then change,' report says

The 81-year-old billionaire could opt for an outsider to take over running his financial data power…

Ryan Hogg   


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1 min read

Hindenburg report wipes out $526 million of Jack Dorsey's wealth

Former Twitter co-founder and CEO Jack Dorsey was left poorer by $526 million after short-seller Hi…