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Tech Mostly Higher After Democrats Win Control of Congress

2 days 22 hours ago
Bloomberg’s Carol Massar takes a look at what a blue wave means for the tech sector after Democrats won control of the US House and Senate in the midterm elections. Plus, AMD's forecast exceeds estimates as chip demand soars, showing the semiconductor supercycle still has legs. And the AI capital raise continues, as Meta kicks off a six-part debut euro bond offering, adding to a record wave of corporate bond deals in Europe. (Source: Bloomberg)

Uber Delivery Accelerates as Rides Growth Slows

2 days 22 hours ago
Uber’s delivery business saw strong acceleration in the third quarter, giving investors a reason to look past slower growth in its signature ride-hailing business. Ygal Arounian, managing director at Wedbush, discusses why the slowdown in the rides business wasn't too concerning and how Uber can continue to compete in grocery delivery even after a tie-up between rivals DoorDash and Instacart. He speaks with Carol Massar on "Bloomberg Tech." (Source: Bloomberg)

Apple says it will check iCloud items shared to "Anyone with the link" for "harmful content" in 27.3 OS versions, and may delete the content or disable accounts (Ryan Christoffel/9to5Mac)

2 days 22 hours ago

Ryan Christoffel / 9to5Mac:
Apple says it will check iCloud items shared to “Anyone with the link” for “harmful content” in 27.3 OS versions, and may delete the content or disable accounts  —  iOS 27.3 adds lots of new iPhone features, and it also makes a change to how public iCloud links work …

Data Center Buildout Could Help Energy Prices

2 days 23 hours ago
Data centers can be assets to energy resources and the power grid, says Arushi Sharma Frank, founder and CEO of Luminary Strategies. The former US energy market policy lead at Tesla discusses how the midterm results could impact the AI buildout, and why Elon Musk's plan to put data centers in space offers diversification for the chip sector. She joins Carol Massar on "Bloomberg Tech." (Source: Bloomberg)