Latest news with #RileyGriffin
Bloomberg
28-05-2025
- Business
- Bloomberg
Zuckerberg's Pivot Toward Trump Raises Questions About Endgame
By Welcome to Tech In Depth, our daily newsletter with reporting and analysis about the business of tech from Bloomberg's journalists around the world. Today, Riley Griffin writes about what she and colleague Kurt Wagner found in an in-depth examination of Mark Zuckerberg's turn to the political right. PDD dips: Temu operator PDD Holdings plunged in US trading after reporting results that missed estimates, demonstrating how the China-US trade war is damaging the business.
Bloomberg
15-05-2025
- Business
- Bloomberg
Meta Sees a Future Where AI Fills You Social Needs
By Welcome to Tech In Depth, our daily newsletter with reporting and analysis about the business of tech from Bloomberg's journalists around the world. Today, Riley Griffin reports from the Meta antitrust trial about the company's views of its rivals and the future of social networks. Tencent earnings: Chinese gaming company Tencent said revenue in the March quarter grew 13%, the fastest pace since 2021.
Bloomberg
24-04-2025
- Business
- Bloomberg
Meta, Google Hammered in Court in Sign of Rare Left-Right Unity
By , Josh Sisco, and Riley Griffin Save Two tech giants — Meta Platforms Inc. and Alphabet Inc. — were stung hard in antitrust trials in different rooms of the same federal courthouse this week. It's a reflection of rare bipartisan enthusiasm for punishing them, efforts that spanned the Trump and Biden administrations. In proceedings in Washington, where a federal judge is weighing how to resolve Google's monopoly in search, an executive made a startling admission: that Google pays Samsung an 'enormous sum' to preinstall its Gemini AI app, even though courts have twice found those kinds of deals illegal. The revelation could give the government ammo for devising a penalty that hurts Google's position in artificial intelligence.
Bloomberg
27-03-2025
- Automotive
- Bloomberg
Facebook Memoir Spotlights Meta's About-Face on China
Welcome to Tech In Depth, our revamped daily newsletter with reporting and analysis about the business of tech from Bloomberg's journalists around the world. Today, Riley Griffin reports on the fight between Meta Platforms Inc. and former employee Sarah Winn-Williams over her book, Careless People. Alibaba and BMW team up: Alibaba and BMW will work together on AI-infused cars in China. The partnership gives Alibaba an opportunity to monetize its artificial-intelligence products, while BMW hopes that using locally developed technology will help it catch up to Chinese automakers dominating a key market.
