Bloomberg Business

FTC Is Reviewing Competition in Artificial Intelligence

The US Federal Trade Commission is paying close attention to developments in artificial intelligence to ensure the field isn’t dominated by the major tech platforms, Chair Lina Khan said Monday.

Putin’s Belarus Nuclear Move Is at Odds With China Pledge

While Russian President Vladimir Putin’s plan to station nuclear weapons in neighboring Belarus is unlikely to change Europe’s strategic balance, it has put him at odds with a pledge he made with Chinese counterpart Xi Jinping just days earlier.

MicroStrategy Pays Off Bitcoin-Backed Loan From Silvergate

MicroStrategy Inc., the biggest corporate owner of Bitcoin, paid off the remainder of its $205 million Bitcoin-backed loan from Silvergate Bank with proceeds from the sale of shares and purchased about $150 million more of the cryptocurrency.

Prince Harry Clashes With Daily Mail in UK Snooping Lawsuit

Prince Harry and Elton John showed up at a London court hearing into allegations that the Daily Mail tabloid committed widespread privacy breaches including snooping on phone calls and voicemails of celebrities.

SNP Elects Humza Yousaf as New Leader After Chaotic Race

Humza Yousaf won the contest to replace Nicola Sturgeon as head of the pro-independence Scottish National Party after a fractious battle that laid bare the scale of the challenge to unite the party and country.

A $600 Billion Rally in Big Tech Stocks Is Not Without Risks

A $634 billion rally in the Nasdaq 100’s top three megacap names this month has almost powered the tech-heavy gauge into a new bull market. Yet the nature of the rebound may signal that it doesn’t have much further to run.

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