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(Bloomberg) -- On the face of it, 2025 looks like a banner year for crypto: Bitcoin hitting a record, an industry-boosting US president whose family is venturing headlong into the sector, and key legislation widely expected to be passed by Congress. Most Read from BloombergPhiladelphia Transit System Votes to Cut Service by 45%, Hike FaresSqueezed by Crowds, the Roads of Central Park Are Being ReimaginedSao Paulo Pushes Out Favela Residents, Drug Users to Revive Its City CenterSprawl Is Still No...
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Navin Chaddha, managing director of the 55-year-old Silicon Valley venture firm Mayfield, is betting big on AI’s ability to transform people-heavy industries like consulting, law, and accounting. The veteran investor, whose wins include Lyft, Poshmark, and HashiCorp, recently discussed at TechCrunch’s StrictlyVC evening in Menlo Park why he believes “AI teammates” can create software-like margins […]...
Continue Reading(Bloomberg) -- Big money takeovers of private companies helped drive mergers and acquisitions in the first half, as dealmakers got comfortable writing sizable checks in topsy-turvy markets. Most Read from BloombergPhiladelphia Transit System Votes to Cut Service by 45%, Hike FaresSqueezed by Crowds, the Roads of Central Park Are Being ReimaginedSao Paulo Pushes Out Favela Residents, Drug Users to Revive Its City CenterSprawl Is Still Not the AnswerMapping the Architectural History of New York’s...
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(Bloomberg) -- European stocks outperformed their US peers by the biggest margin on record in dollar terms during the first half, the most dramatic sign of how the region’s markets are staging a comeback after more than a decade in the doldrums.Most Read from BloombergPhiladelphia Transit System Votes to Cut Service by 45%, Hike FaresSqueezed by Crowds, the Roads of Central Park Are Being ReimaginedSao Paulo Pushes Out Favela Residents, Drug Users to Revive Its City CenterSprawl Is Still Not the...
Continue ReadingTesla's robotaxi debut sparks debate as delays, competition, and execution risks overshadow autonomy promises...
Continue ReadingCanada will rescind taxes impacting US tech firms that had prompted President Donald Trump to retaliate by calling off trade talks, Ottawa said Sunday, adding that negotiations with Washington would resume.Washington has previously requested dispute settlement talks over the tax -- but on Friday Trump, who has weaponized US financial power in the form of tariffs, said he was ending trade talks with Ottawa in retaliation for the levy...
Continue Reading(Bloomberg) -- Just a few months ago, Noetix Robotics was struggling to find a single customer for its Hobbit-sized robots. Founder Jiang Zheyuan was nervous about burning through investors’ money quickly. Then one of its N2 models placed second in the world’s first half-marathon for robots.Most Read from BloombergPhiladelphia Transit System Votes to Cut Service by 45%, Hike FaresSqueezed by Crowds, the Roads of Central Park Are Being ReimaginedSprawl Is Still Not the AnswerSao Paulo Pushes Out...
Continue ReadingThe stock market hit highs in a big week. Tesla deliveries loom as Elon Musk risks reigniting a feud with President Trump...
Continue Reading(Bloomberg) -- With just 10 days to go until President Donald Trump’s country-specific tariffs are set to resume, the White House appears poised to fall short of the sweeping global trade reforms it promised to achieve during the three months they were on hold. Most Read from BloombergPhiladelphia Transit System Votes to Cut Service by 45%, Hike FaresSqueezed by Crowds, the Roads of Central Park Are Being ReimaginedSprawl Is Still Not the AnswerSao Paulo Pushes Out Favela Residents, Drug Users t...
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