Amazon is suing Perplexity AI to stop the startup from using its AI agent to help users shop. The e-commerce giant is accusing Perplexity of committing computer fraud by failing to disclose when the tool called Comet is shopping on a real person's behalf, in violation of Amazon's terms of service, according to the complaint in San Francisco federal court. It's a confusing case and Bloomberg's Matt Day explains it on "Bloomberg Tech."...

A trend that started in the technology sector is spreading to other industries, with businesses cutting workers even as their profits expand...

Palantir's record Q3 earnings and raised outlook spotlight surging AI demand, but sky-high valuation tempers investor enthusiasm...

AI companies need to start bringing in major revenue to keep up with spending...

Nvidia’s next growth phase is being fueled by soaring Blackwell GPU demand and record AI infrastructure spending from hyperscalers...

Dow stocks overall rose 2.5% in October. It was the index's best month since August and extended a win streak to six straight months...