AI
Epic Games Delays Disney Title to Mandate AI-First Development Workflow
Internal directives reportedly require developers to use generative AI for all code and assets, causing project delays and employee concern.
Bloomberg
Everything Threat Times has reported about Bloomberg: 17 stories, newest first. Part of our Tech News coverage.
Cyber Attacks
AI Fuels $442B Scam Economy Surpassing Global Cocaine Trade, Bloomberg Reports
A Bloomberg report details how artificial intelligence is expanding a fraud network that exceeds the value of the global cocaine trade.
AI
Bloomberg Analysis: 1GW AI Data Center in Texas Could Cost $30 Billion
Building a 1GW facility in Abilene requires $17B for chips and $3B for power, according to a new Bloomberg cost breakdown.
Tech News
Apple Revives iPhone Air 2 Plans With Dual Camera and New Chip
Reports indicate Apple is advancing the second-generation iPhone Air with improved specs after briefly delaying development due to sales concerns.
AI
Broadcom CEO Hock Tan Compares Speculative AI Investors to Casino Gamblers
Broadcom CEO Hock Tan criticized speculative AI investing, comparing uninformed investors to casino gamblers and questioning long-term economics.
AI
Tencent Plans $5 Billion Bond Offering to Fund AI and Chip Purchases
Tencent Holdings Ltd. is raising approximately $5 billion in debt to finance artificial intelligence investments, with a significant portion allocated for semiconductor acquisitions.
AI
China Plans $3.9T Grid Buildout to Convert Excess Renewable Energy Into AI Capacity Through 2049
Bloomberg reports China aims to solve renewable waste by upgrading infrastructure to power artificial intelligence operations by 2049.
Tech News
Apple TV 4K and HomePod Mini 2 Pre-Orders Begin This Week
New Apple TV 4K and HomePod Mini models are set for pre-order availability later this week, ahead of a late October official launch.
Tech News
Cirrus Logic Launches Rival Bid for Synaptics, Challenging Onsemi Deal
Chipmaker Cirrus Logic submitted a surprise offer for Synaptics last month, aiming to disrupt the agreed acquisition by Onsemi, according to Bloomberg reports.
AI
Trump Administration Pushes AI Liability Reform, Leaving Rogue Agent Blame Unclear
The Trump administration argues existing liability laws suffice for AI oversight, but Bloomberg reports ambiguity remains regarding financial responsibility for autonomous system failures.
Tech News
Apple Prepares Limited iPhone Duo Supply for October 23 Launch
Apple is staging a major retail rollout for the iPhone Duo on October 23, but demonstration units will be scarce at most locations.
Tech News
Apple TV 4K and HomePod Mini to Ship on October 30, Gurman Reports
Bloomberg’s Mark Gurman reports that new Apple TV 4K and HomePod Mini models will arrive in stores and ship to customers on October 30.
Tech News
Bloomberg Reports New iPad Mini With OLED Display Will Cost Significantly More
Mark Gurman indicates the next iPad mini will jump to $799, a substantial increase from the current $599 starting price.
Vulnerabilities
Firmus IPO Collapses After Investors Reject $30B Valuation Against $51M Revenue
US fund managers halted the Nvidia-backed firm's public offering within 48 hours, citing a valuation that vastly exceeded its projected annual revenue figures.
Vulnerabilities
Ramp Raises $1.85B at $60B Valuation Led by Dragoneer and Thrive Capital
Fintech startup Ramp secures massive funding round, marking a significant valuation jump from its previous June raise, according to Bloomberg sources.
Tech News
Apple Reportedly Plans Touchscreen MacBook Pro and iPad Mini Launch in Late October
Bloomberg reports Apple will unveil a touchscreen MacBook Pro and updated iPad Mini on or around October 27, shortly after a smart home event.
AI
Firmus IPO Uncertain After Failing to Attract Adequate Investor Support
Nvidia-backed data center provider Firmus faces an uncertain IPO path after failing to secure sufficient backing, signaling potential cracks in the AI investment boom.