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| Meta's AI restructure: Mark Zuckerberg announced that Meta's AI efforts will fall under a new group called Meta Superintelligence Labs. "I believe this will be the beginning of a new era for humanity, and I am fully committed to doing what it takes for Meta to lead the way," Zuckerberg wrote in an internal post. Robo football: Humanoid robots developed by two Chinese universities played a clumsy version of soccer in what was hoped to be a demonstration of their capabilities. Treasury under cyberattack: The US Treasury Department has experienced three major hacks in the past five years, including two that have come to light since December. Its ranks of cybersecurity leaders have been decimated this year by departures pushed by Elon Musk's Department of Government Efficiency. | |
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| Wolfspeed, a chipmaker awarded $750 million from the US government last year under the Chips and Science Act, filed for bankruptcy to enact a creditor-backed plan to slash $4.6 billion in debt. The filing marks one of the largest bankruptcies this year. | |
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| Sankalp Phartiyal is one of countless Indians whose online shopping habits are shifting. With the rise of upstart quick commerce providers — touting deliveries in under 10 minutes — many consumers are moving away from established names like Amazon for everyday purchases. In today's Tech In Depth, Sankalp looks at the race Amazon must run to keep up. Get the Tech In Depth newsletter for analysis and scoops about the business of technology from Bloomberg's journalists around the world. | |
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| Apple's wearables business seems to have flattened out and could use a boost, Mark Gurman reports in this week's Power On. Maybe the answer is a fitness smart ring to compete with Oura, Samsung and others, he writes. Sign up for the Power On newsletter to get the inside scoop from Mark Gurman on all things Apple and consumer tech. | |
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