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The wildest allegations in Apple’s trade secrets lawsuit against OpenAI

Jul 13 2026
Apple’s trade secrets lawsuit against OpenAI contains allegations that range from employees joking about unauthorized access to Apple’s systems to claims that job candidates were asked to bring Apple hardware to interviews. Here are the complaint’s most eye-catching claims.

Sam Altman’s space data center trash talk is what most experts already believe

Jul 13 2026
Responding to Musk accusing him of being a scammer, Altman said, “homeboy you’re the one sellling [sic] public market investors on short-term space datacenters.”

Investors send General Fusion soaring in debut as first publicly traded fusion company

Jul 13 2026
General Fusion started trading on the Nasdaq following a reverse merger that saw high redemptions.

12 states sue to block Paramount’s $110B Warner Bros. deal

Jul 13 2026
The states allege that the deal would harm movie theaters, basic cable distributors, and audiences.

Should AI help you get away with killing your spouse?

Jul 13 2026
What does a world of total user-aligned AI actually look like?

As TV-tracking app TV Time shuts down, its founder builds Bingers, a new home for fans

Jul 13 2026
The creator of TV Time is building a successor app that will let users import their watch histories and preserve the community that formed around discussing their favorite shows.

Anthropic starts localizing Claude pricing for India, its biggest market after the US

Jul 13 2026
Claude users in India are starting to see Indian rupee-denominated subscription plans.

SpaceX cleared to fly Starship again after booster failure in May

Jul 13 2026
This will be the first Starship test flight for SpaceX as a public company, testing the market’s appetite for the company’s “fly, fail, fix” approach to rocket development, which often ends in fireballs.

Waze adds new AI-powered features and customization updates

Jul 13 2026
Some of the new features are powered by Google’s Gemini AI assistant, which reflects the tech giant’s broader push to integrate Gemini across its products while also better positioning Waze to compete with rival services such as Apple Maps.

LAPD lets contract with surveillance giant Flock expire, citing ‘serious concerns’ over civil liberties and privacy

Jul 13 2026
The LAPD, one of Flock’s biggest government customers, is ending its contract with the company citing civil liberties concerns.

Bloomberg Markets

Mutual Fund Managers Missing ‘Biblical’ Opportunity: Smead

Jul 13 2026
Cole Smead, CEO of Smead Capital, joins Katie Greifeld, Scarlet Fu, and Eric Balchunas on “Bloomberg ETF IQ.” Smead outlines the benefits of mutual funds and how they can match ETF tax efficiency. (Source: Bloomberg)

Graham’s Death Deprives Ukraine of Key Trump Whisperer

Jul 13 2026
 The death of Senator Lindsey Graham leaves key US allies like Ukraine, which have at times struggled to influence the Trump administration, without one of their most effective conduits to the White House. Rebeccah Heinrichs, senior fellow at Hudson Institute, joined Balance of Power and said there’s momentum for Congress to pass a Russia sanctions bill that had been championed by Senator Lindsay Graham (Source: Bloomberg)

NJ Takes Step Toward New Nuclear Plants as Sherrill Signs Bill

Jul 13 2026
New Jersey is initiating a process to develop new nuclear power plants to meet rising demand for electricity.

Leveraged ETFs Safer Than Some Options: Tuttle

Jul 13 2026
Matthew Tuttle, CEO & CIO of Capital Management, joins Katie Greifeld, Scarlet Fu, and Eric Balchunas on “Bloomberg ETF IQ.” They discuss T-REX 2X Long SKHY Daily Target ETF (Ticker: HYNX), the new fun targeting SK Hynix shares. (Source: Bloomberg)

Leveraged ETFs Present New Risks: Brown

Jul 13 2026
Aaron Brown, Bloomberg Opinion & author, joins Katie Greifeld, Scarlet Fu, and Eric Balchunas on “Bloomberg ETF IQ.” They discuss how leveraged single-stock ETFs are at risk of causing significant losses for retail investors due to the inescapable math of these products, called volatility drag. (Source: Bloomberg)

Canadian Oil Sands Firms Reach Carbon Capture Deal With Alberta

Jul 13 2026
A group of Canadian oil sands producers reached an agreement with the Alberta and federal governments on next steps toward building a carbon capture and storage system.

Warsh’s Balance-Sheet Panel Runs Into Market Reality Check

Jul 13 2026
Wall Street strategists expect a group of senior academics and former policymakers assembled by Chairman Kevin Warsh to review the Federal Reserve’s $6.7 trillion balance sheet will face a difficult balancing act: shrinking the central bank’s holdings without destabilizing funding markets.

RBC Expands Credit Derivatives Trading as AI Debt Fuels Hedging

Jul 13 2026
Royal Bank of Canada is expanding its credit derivatives trading business in the US and Europe, betting that multibillion-dollar fundraising for artificial intelligence will fuel demand for hedging products.

Bloomberg Technology

Palantir Co-Founder Joe Lonsdale on the AI Investment Boom

Jul 13 2026
AI is fueling a new era of venture investing. Joe Lonsdale, managing partner at 8VC and co-founder of Palantir, discusses the firm’s record $1.5 billion fund, why startup rounds are getting bigger, and where he’s placing his bets on the next generation of defense tech and AI companies. He joins Ed Ludlow on “Bloomberg Tech.” (Source: Bloomberg)

How Apple’s Lawsuit Could Disrupt OpenAI’s Bid to Rival the iPhone

Jul 13 2026
Apple’s lawsuit accusing OpenAI of systematically stealing its intellectual property threatens to disrupt the AI company’s device ambitions long before the case is resolved. Bloomberg’s Mark Gurman joins Ed Ludlow on “Bloomberg Tech.” (Source: Bloomberg)

SK Hynix ADRs Tumble in Second Trading Day After Korea Selloff

Jul 13 2026
An AI-fueled stock rout in South Korea spilled over into the US market Monday, as SK Hynix Inc. American depositary shares fell as much as 9.3%, underscoring growing investor concerns that the boom is overextended. The decline brought ADRs to trade just a few dollars above the $149 level where they priced last week ahead of their trading debut. Memory and storage peers in US dropped across the board, with Micron Technology Inc., Sandisk Corp., and Western Digital Corp. shares all falling more than 6%. The slump came after shares of SK Hynix plunged a record 15% in South Korea, sending the benchmark Kospi index down 9% and triggering a market-wide trading suspension. For more, we speak with Mandeep Singh, Global Head of Tech Research for Bloomberg Intelligence. (Source: Bloomberg)

Carr Accuses Disney of Being ‘Disingenuous’ of FCC Inquiries

Jul 13 2026
FCC Chairman Brendan Carr calls Walt Disney Co. “disingenuous” regarding the probe into the company’s diversity and inclusion practices. He speaks on “Bloomberg Tech.” (Source: Bloomberg)

More Than 200 Experts Urge Action to Steer AI for Society’s Good

Jul 13 2026
A group of top economists and artificial intelligence researchers called for more study of the technology’s likely impact, saying it may become “radically more powerful” over the next decade and needs to be steered in a human-friendly direction.

FCC’s Carr on Approval Times, Paramount-Warner Deal and Disney

Jul 13 2026
FCC Chairman Brendan Carr discusses the need to speed up approval times for spectrum and orbital data centers. He also talks about Paramount Skydance trying to buy Warner Bros. Discovery and the importance of broadcasters acting in the public interest. He speaks on “Bloomberg Tech.” (Source: Bloomberg)

FCC Cut Satellite Approval Backlog in Half, Carr Says

Jul 13 2026
The Federal Communications Commission has reduced the backlog of satellite application approvals by half as it broadly seeks to stimulate the space and communications economy, Chairman Brendan Carr said in an interview on Bloomberg TV.

Lazard’s Bilicic Sees ‘Tremendous’ Demand for AI Data Center Power

Jul 13 2026
George Bilicic, Lazard’s global head of power, energy and infrastructure, says we’re a long way from solving the issue of energy demand for AI data center power and expects upward pressure on gas prices. He speaks on “Bloomberg Open Interest.” (Source: Bloomberg)