Arc Raises $70 Million to Build the Tesla of Boats
Arc Boat Co. raised $70 million from investors to move beyond high-end electric boats and expand its operations toward electrifying more of the marine industry.
Bloomberg Tech
Micron Set to Test Resolve of Fed-Rattled Traders
Micron Technology Inc. is set to provide one of the first tests for investors hoping that tech earnings will rescue a stock market in freefall.
Bankman-Fried Pushes for Jail Release — Again — Ahead of Trial
Less than a week before Sam Bankman-Fried faces one of the biggest white-collar crime cases in US history, his lawyers are taking one more shot at getting him out of a Brooklyn jail.
Meta Rolls Out Higher-Priced Quest 3 Headset, Just Ahead of Apple’s Vision Pro
Meta Platforms Inc. introduced its latest lineup of head-worn devices, staking fresh claim to the virtual- and augmented-reality industry just ahead of Apple Inc. pushing into the market.
Microsoft Says Apple Used Bing as Google ‘Bargaining Chip’
A Microsoft Corp. executive complained that when it came to the search-engine wars with Alphabet Inc.’s Google, the company’s Bing was never more than a bargaining chip to Apple Inc.
Meta Brings Chatbots, Image Editing to Social Media Apps
Meta Platforms Inc. is introducing artificial intelligence features to its apps that will give the company’s 3 billion users an experience akin to OpenAI’s ChatGPT.
US, Japan Warn of China-Linked Hackers Hiding in Router Software
US and Japanese officials are warning that state-sponsored hackers linked to the Chinese government have been discovered modifying software inside routers to target companies based in their countries.
Crypto Exchange Kraken Plans to Offer Trading in US-Listed Stocks
Kraken plans to offer trading in US-listed stocks and exchange-traded funds, marking the 12-year-old company’s first foray outside its cryptocurrency roots.
France’s Mistral AI Releases Model to Compete With Meta, OpenAI
France’s Mistral AI announced its first generative artificial intelligence model to compete with US leaders in AI, including Meta Platforms Inc. and Microsoft Corp.-backed OpenAI.
Philadelphia Looting Hits Apple, Lululemon in Retail Theft Wave
At least 20 people were arrested after stores in Philadelphia were vandalized and robbed on Tuesday night, adding to concern about a wave of retail thefts across the US.