OnePay, the Walmart Inc.-backed fintech firm behind the “super app” that the world’s largest retailer is incorporating for customers, recently bought back shares from employees at a price that values the closely-held company at more than $4 billion, according to a person with knowledge of the matter.
Several months after Amazon.com Inc. bought artificial intelligence hardware startup Bee, the company said it’s working to make its $50 always-listening wearable more proactive, and indicated a larger revamp is in store.
Shares of Netflix have tumbled since October, when the streaming giant became one of the presumed suitors for Warner Bros. Discovery. But despite a 28% plunge in less than three months, the stock still appears to be too expensive to entice investors, says Bloomberg's Felice Maranz explains. She joins Ed Ludlow on "Bloomberg Tech." (Source: Bloomberg)
Amazon.com Inc. is planning a 229,000-square-foot store selling groceries and general merchandise in the Chicago area, a fresh attempt at physical retail that borrows from the big-box store model of such competitors as Walmart Inc. and Target Corp.
Meta aims to future-proof its energy needs by turning to nuclear power in multi-gigawatt deals for AI data centers. Bloomberg’s Riley Griffin discusses Meta’s plan with Ed Ludlow on "Bloomberg Tech." (Source: Bloomberg)
OpenAI and SoftBank Group Corp. have jointly invested $1 billion in SB Energy, an infrastructure company that’s working with the tech firms on a massive US buildout of data centers to power artificial intelligence.
Paramount reaffirms that it believes Warner Bros. Discovery cable networks are worth $0. Matthew Dolgin, Morningstar senior equity analyst, discusses the state of the offers for the company with Ed Ludlow on "Bloomberg Tech." (Source: Bloomberg)
Snowflake plans to buy AI-powered app monitoring startup Observe, part of its push to expand in the IT operations management software market. Snowflake CEO Sridhar Ramaswamy joins Ed Ludlow on "Bloomberg Tech." (Source: Bloomberg)
Meta agreed to a series of electricity deals for AI data centers that will make it the biggest buyer of nuclear power among its hyperscaler peers. Paul Meeks, managing director and head of technology research at Freedom Capital Markets, discusses how energy needs and the AI build-out are changing what tech analysts examine. He joins Ed Ludlow on "Bloomberg Tech." (Source: Bloomberg)
“Grand Theft Auto VI’ was first announced for fall 2025 before slipping to May 2026 and then again to Nov. 19, 2026, its current planned date
