The Best of Bloomberg

For decades, casinos scoffed as mathematicians and physicists devised elaborate systems to take down the house. Then an unassuming Croatian’s winning strategy forever changed the game.

The search giant is making compromises on misinformation and other harms in order to catch up with ChatGPT, workers say

Bloomberg connects decision makers to a dynamic network of information, people and ideas. Read this story on Bloomberg.

Shared by 128, including Casey Newton, Kara Swisher, Ben Dreyfuss, Matt Navarra, Claire Cain Miller

What’s on track, late, and ahead of schedule.

In the speculative and volatile universe of cryptocurrencies, stablecoins appear to offer an attractive proposition: Their value pegs to an underlying asset, such as the US dollar or a basket of securities. Tether is the most recognized stablecoin, with one Tether purportedly backed by one US dollar. But detractors are not convinced. In this intriguing narrative, journalist Zeke Faux investigates Tether and its somewhat shady valuation dynamics. Investors, regulators and cryptocurrency holders might find some valuable clues here to the mystery of Tether.

«Tether had gotten so large that it threatened to put the U.S. financial system at risk.»

A tech rout has frustrated investors trying to pinpoint the value of private companies. A Bloomberg analysis offers clues.

George Hotz is taking on Google and Tesla by himself

The company’s fleet of robotic cars will be supervised by humans in the driver’s seat.

The open streets of the pandemic reclaimed public space for pedestrians and bicyclists. From Bogotá to New York to Stockholm, some of those changes have become permanent.

This bedroom community outside of New York City scored the biggest traffic safety success story of 2022. Here’s how they did it.

With little usable land available for renewable energy projects, South Korea is building some of the world’s largest solar power farms on water.

Solar power, electric cars, grid-scale batteries, heat pumps—the world is crossing into a mass-adoption moment for green technologies.

The spillover from retailer debt will flow far and wide across the economy.

The members of Gen Z are rewriting the rules of selling fashion.

Amid falling demand and sudden price cuts, the CEO seems determined to take a blowtorch to his company’s brand.

Biographer Ashlee Vance examines the troubles at Tesla, SpaceX, and SolarCity.

The head of the most valuable company in the world talks to Bloomberg Businessweek Editor Megan Murphy.

“I don’t consider myself an activist, but I realize how much I’ve benefited from the sacrifice of others”

Bloomberg connects decision makers to a dynamic network of information, people and ideas. Read this story on Bloomberg.

Bloomberg connects decision makers to a dynamic network of information, people and ideas. Read this story on Bloomberg.

If you’re not a professional programmer but you’ve ever used a computer, this article is for you – seriously. You will learn what code is, what software is, how apps get written, and what different programming languages do and why they matter. Plus you’ll get details about other technical issues. Along the way, Bloomberg Businessweek reporter Paul Ford explains the culture and some of the psychology of programming. This delightfully animated article is essential for anyone not in the programming field who uses computers. getAbstract recommends it to everyone interested in learning more about programming, its culture and its principles.

Facebook may currently be the black sheep when it comes to privacy and data violations, but it isn’t the only company capable of watching every step you take. Bloomberg Businessweek writers Lizette Chapman, Jordan Robertson and Peter Waldman profile the big-data firm Palantir Technologies, which has evolved from helping the US government catch terrorists to assisting companies monitor their employees and helping law enforcement detect possible offenders. A common thread that runs through both companies is their desperate need to make money and please investors – which, as it turns out, is at odds with protecting people’s privacy.

Where it came from, what it all means, and why it still matters.

A mysterious assault. An unsolved murder. And a ship that hasn’t given up all its secrets.

It’s not just the Cambridge Analytica debacle. Ethics don’t scale.