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Meta Cuts Metaverse Unit Budget 30% | Open Interest 12/4/2025
bloomberg_technology | 2025-12-04 21:32 | id : 26746
Get a jump start on the US trading day with Matt Miller and Dani Burger on "Bloomberg Open Interest." Dollar General pops on stronger guidance as deal-hungry shoppers pile in. We'll take a deep dive on bargain-focused retailers. Meta is preparing deep cuts to its metaverse ambitions as Mark Zuckerberg weighs budget reductions of up to 30%. Plus, Rebecca Patterson of CFR joins Bloomberg Open Interest to talk about why she thinks bitcoin contagion risk is alive and well. CORRECT: This video has been edited to correct a graphic to reflect that Meta plans to cut up to 30% of its metaverse efforts. The anchor misstates this information at :50, 1:15 and corrects herself at 20:00. (Source: Bloomberg)
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(SPRRY.PK) | Stock Price & Latest News - Reuters
reuters_business | 2025-12-04 21:26 | id : 26869
(SPRRY.PK) | Stock Price & Latest News Reuters
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(WPC.N) | Stock Price & Latest News - Reuters
reuters_business | 2025-12-04 21:24 | id : 26866
(WPC.N) | Stock Price & Latest News Reuters
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Congo, Rwanda leaders affirm commitment to Trump-backed peace deal - Reuters
reuters_world | 2025-12-04 21:23 | id : 26524
Congo, Rwanda leaders affirm commitment to Trump-backed peace deal Reuters
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Big Take: How Excel Conquered Corporate America (Podcast)
bloomberg_business | 2025-12-04 21:22 | id : 26705
Source: Bloomberg, 0:00
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Who was Yasser Abu Shabab, Israel-backed militia leader killed in Gaza?
aljazeera_all | 2025-12-04 21:19 | id : 26733
Abu Shabab became prominent last year leading an armed group operating in Israeli-controlled areas of Gaza.
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'All Israeli people are with us', parents of last dead hostage in Gaza tell BBC
bbc_world | 2025-12-04 21:17 | id : 26719
The body of Ran Gvili, a 24-year-old Israeli police officer, is the last not yet returned by Hamas from Gaza.
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Lawmakers have reviewed summary of Pentagon order on Caribbean attacks, sources say - Reuters
reuters_world | 2025-12-04 21:16 | id : 26750
Lawmakers have reviewed summary of Pentagon order on Caribbean attacks, sources say Reuters
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Stock Movers: Meta, GE Vernova, Intel (Podcast)
bloomberg_business | 2025-12-04 21:16 | id : 26706
Source: Bloomberg, 8:17
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Merryn Talks Money: Silver’s Surge, Bitcoin Volatility (Podcast)
bloomberg_business | 2025-12-04 21:14 | id : 26707
Source: Bloomberg, 15:03
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Data Center Startup Fluidstack in Talks for $7 Billion Valuation
bloomberg_technology | 2025-12-04 21:13 | id : 26712
The cloud-computing startup Fluidstack is in talks to raise roughly $700 million in a funding round that would value the company at $7 billion, according to a person familiar with the situation.
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Trump 'garbage' rhetoric about Somalis draws cheers from administration, silence from Republicans and alarm from critics - Reuters
reuters_world | 2025-12-04 21:11 | id : 26659
Trump 'garbage' rhetoric about Somalis draws cheers from administration, silence from Republicans and alarm from critics Reuters
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HPE Falls After Outlook Disappoints on Slower Server Deals
bloomberg_technology | 2025-12-04 21:11 | id : 26713
Hewlett Packard Enterprise Co. shares dropped in premarket trading on Friday after the company gave an outlook for sales in the current quarter that fell short of high expectations for the AI server business.
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Stock Rally Loses Traction, Admiral Denies "Kill-All" Order
bloomberg_business | 2025-12-04 21:07 | id : 26708
Source: Bloomberg, 5:47
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Balance of Power: Report Deepens Hegseth Scrutiny (Podcast)
bloomberg_business | 2025-12-04 21:03 | id : 26709
Source: Bloomberg, 42:03
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OpenAI Goes on Defense as Google Gains Ground
bloomberg_technology | 2025-12-04 21:00 | id : 26714
OpenAI is adapting to growing competitive pressure on multiple fronts. But first…
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MUFG Seeks to Extend Morgan Stanley Ties to Asset Management Business
bloomberg_business | 2025-12-04 21:00 | id : 26710
Mitsubishi UFJ Financial Group Inc. plans to team up with Morgan Stanley in asset management, deepening their 17-year partnership.
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Credit Edge: Barclays’ Rogoff Sees Risk of AI Bust (Podcast)
bloomberg_business | 2025-12-04 21:00 | id : 26711
The technology-funding frenzy could become a bust for credit markets if AI falls short of lofty expectations, according to Barclays. “If we get to a point where we see a lot of this issuance coming to the market — and then there’s some changes, where maybe certain things are a little bit less viable or a little bit less attractive — that leads to some downside risks,” Brad Rogoff, the firm’s global head of research, tells Bloomberg News’ James Crombie and Bloomberg Intelligence’s Mike Campellone
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Meta’s Metaverse Cuts Not Surprising: EMARKETER’s Smiley
bloomberg_technology | 2025-12-04 20:54 | id : 26715
Minda Smiley, senior analyst at EMARKETER focused on social media, says she is not surprised by Meta's plans to cut resources for its metaverse unit. She discusses Meta’s challenges to monetize the metaverse and AI with Caroline Hyde and Ed Ludlow on “Bloomberg Tech.” (Source: Bloomberg)
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UiPath Earnings Show Accelerating Growth
bloomberg_technology | 2025-12-04 20:48 | id : 26716
UiPath CEO Daniel Dines says AI is a complement to its existing automation offering. He discusses the company’s accelerating growth and third quarter earnings with Caroline Hyde and Ed Ludlow on “Bloomberg Tech.” (Source: Bloomberg)
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Russia blocks Snapchat and restricts Apple’s FaceTime, state officials say
guardian_world | 2025-12-04 20:46 | id : 26717
Latest effort to control communications comes as regulator claims apps being used to ‘conduct terrorist activities’Russian authorities blocked access to Snapchat and imposed restrictions on Apple’s video calling service, FaceTime, the latest step in an effort to tighten control over the internet and communications online, according to state-run news agencies and the country’s communications regulator.The state internet regulator Roskomnadzor alleged in a statement that both apps were being “used to organize and conduct terrorist activities on the territory of the country, to recruit perpetrators [and] commit fraud and other crimes against our citizens”. Apple did not respond to an emailed request for comment, nor did Snap Inc. Continue reading...
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Experts urge release of boat strike video as US admiral denies ‘kill them all’ order
guardian_world | 2025-12-04 20:43 | id : 26670
Democrat Jim Himes calls footage ‘one of the most troubling scenes’ he’s observed in public serviceAnalysis: Killing of survivors sparks outrage – but entire US ‘drug boat’ war is legally shakyTop Democratic and Republican lawmakers in Congress on Thursday said that the defense secretary, Pete Hegseth, had not ordered the military to kill surviving members of a deadly attack on a boat alleged to be carrying drugs in the Caribbean, but differed over whether the double strike was appropriate.The allegation that Hegseth ordered the killing of survivors sparked bipartisan concern in Washington that he or others involved may have committed a war crime. On Thursday, US navy admiral Frank Bradley, who commanded the attack, and the chairman of the joint chiefs of staff, Dan Caine, appeared before the House and Senate’s armed services and intelligence committees for a closed briefing in which they showed video and discussed the attack with lawmakers. Continue reading...
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Gaza war amputees mark International Disabilities Day
aljazeera_all | 2025-12-04 20:39 | id : 26702
Palestinians with a range of disabilities came together to mark the International Day of Persons with Disabilities.
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China Bolsters Support for Domestic AI Chipmakers
bloomberg_technology | 2025-12-04 20:17 | id : 26684
Beijing-based Cambricon is set to triple production of AI chips in 2026, with plans to deliver half a million AI accelerators. Bloomberg’s Peter Elstrom discusses the company and wider plans by China to boost production of advanced AI chips. He joins Caroline Hyde and Ed Ludlow on “Bloomberg Tech.” (Source: Bloomberg)
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Macro Matters: BI Rates 2026 US Treasury Market Outlook
bloomberg_business | 2025-12-04 20:17 | id : 26679
The Federal Reserve may cut its benchmark rate below 3% next year, bull steepening the yield curve beyond what’s priced into forwards, says Ira Jersey, Bloomberg Intelligence chief US rates strategist. Jersey is joined by BI US and Canada rates strategist Will Hoffman on this episode of the Macro Matters podcast to discuss the BI Rates team’s recently released 2026 US Treasury Market Outlook. The pair discuss the state and direction of the US economy and how Fed interest-rate and balance-sheet p
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FIFA World Cup draw to be announced as trophy arrives in Washington
aljazeera_all | 2025-12-04 20:14 | id : 26703
The FIFA World Cup 2026 draw takes place Friday in Washington, DC, where the trophy has been on display.
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Last foreign carriers halt flights to Venezuela after Trump’s airspace ban
aljazeera_all | 2025-12-04 20:14 | id : 26704
Copa, Wingo, Satena and Boliviana halt Venezuela flights, citing navigation signal issues and safety concerns.
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Pipe Bomb Arrest, Admiral: Hegseth Did Not Give Kill Order, More
bloomberg_business | 2025-12-04 20:10 | id : 26680
Source: Bloomberg, 5:46
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Belgian PM hopes to have 'fruitful discussion' on Russian frozen assets with Germany's Merz - Reuters
reuters_world | 2025-12-04 20:08 | id : 26790
Belgian PM hopes to have 'fruitful discussion' on Russian frozen assets with Germany's Merz Reuters
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Stock Movers: Dollar General, Paramount Skydance, Meta (Podcast)
bloomberg_business | 2025-12-04 20:07 | id : 26681
Source: Bloomberg, 5:22