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Bloomberg
Asia
Alibaba’s reversal from online superstar is so serious that it briefly lost its crown as China’s second-most valuable e-commerce player
BY
Charlotte Yang
,
Jane Zhang
, and others
Success
Yet another media company is laying off workers as the industry’s retrenchment hits Vox Media for the second time this year
BY
Samantha Stewart
and
Bloomberg
Tech
Opponents of secret California tech city heckle its billionaire backers at meeting with shouts of ‘shill’ and ‘smooth talker’
BY
Eliyahu Kamisher
and
Bloomberg
Tech
Tesla begins delivering its new Cybertruck that Elon Musk says looks like ‘the future’—and starts at a whopping $61,000
BY
Dana Hull
and
Bloomberg
Tech
Startups weather a dismal year during which 543 have already declared bankruptcy or shut down: ‘You can’t sugar coat it’
BY
Jessica Nix
and
Bloomberg
Finance
‘Why am I paying 6%?’ As New York’s real-estate market slows, industry faces showdown over who pays agents’ fees
BY
Bloomberg
and
Alicia Clanton
Tech
Elon Musk says Neuralink is ‘paradise’ that has never caused the death of a monkey—all those that died already had terminal conditions
BY
Sarah McBride
and
Bloomberg
Leadership
Disney names Morgan Stanley CEO to its board as Bob Iger prepares for fight with billionaire activist investor Nelson Peltz
BY
Thomas Buckley
and
Bloomberg
Tech
Sam Altman is officially reinstated as OpenAI’s CEO just two weeks after his ouster set off an ‘unprecedented’ firestorm
BY
Rachel Metz
and
Bloomberg
Tech
Salesforce soars 8% as cost cutting shows its ‘brand new religion’ to increase profits
BY
Brody Ford
and
Bloomberg
Finance
Disney’s Bob Iger does a 360 on possibly selling ABC and FX and now says he’ll keep the TV stations
BY
Thomas Buckley
and
Bloomberg
Finance
JPMorgan counters Wall Street’s general optimism for next year by predicting the S&P 500 will tumble 8% due to a ‘challenging’ economy
BY
Alexandra Semenova
and
Bloomberg
Finance
GM announces record $10 billion stock buyback—more than it’s spending on UAW raises—as its electrification push stalls
BY
David Welch
and
Bloomberg
Tech
Google blinks first in its war with Canada by agreeing to pay $74 million annually for online news after threatening to block it
BY
Randy Thanthong-Knight
and
Bloomberg
Tech
Fresh off an Intel investment, Stability AI looks for buyers as investors pressure CEO to resign
BY
Mark Bergen
,
Rachel Metz
, and others
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Companies
‘If Tesla gets unionized it’s because we deserve it’: Elon Musk says he’s made his factory workers millionaires but...
BY
Eleanor Pringle
Tech
‘Every great company is born in a winter’: Jack Ma stuns Alibaba employees with memo calling for firm he co-founded to...
BY
Zheping Huang
,
Jane Zhang
, and others
Asia
The CEO behind nearly 10,000 KFCs in China explains the country’s consumption slump: A ‘psychological’ consequence of...
BY
Nicholas Gordon