Mark Zuckerberg testified that it’s “very difficult” to enforce Instagram’s age limits as he sought to defend the platform during a landmark trial over social media addiction. The chief executive officer of Meta Platforms was sharply questioned on the witness stand Wednesday about the company’s efforts to attract and engage teenage users, and whether it adequately policed accounts belonging to children under 13, despite rules barring them from using the app. Zuckerberg said Meta has introduced some “proactive tools” to try to identify and remove accounts used by children under 13, but called it a “challenging” problem. Bloomberg News Senior Technology Reporter Kurt Wagner joins Bloomberg Businessweek Daily to discuss. He speaks with Carol Massar and Tim Stenovec. (Source: Bloomberg)

Illinois Governor JB Pritzker is seeking to temporarily halt incentives for data centers in a bid to contain soaring power bills.

A judge agreed with Palantir Technologies Inc. that a trio of former employees likely violated confidentiality and non-solicitation agreements in founding their artificial intelligence startup but stopped short of halting their work at the new company, Percepta.

Barclays estimates software now makes up about 20% of all loans held by BDCs, making it their largest sector exposure. This week's investment committee on "Bloomberg Deals" discusses the possible pain points in software. Guests include: Nenad Milicevic-Helac, Americas co-leader of TMT Alixpartners, Songyee Yoon, founder and managing partner of Principal Venture Partners, and Anura Rana, Bloomberg Intelligence. (Source: Bloomberg)

Booking Holdings Inc. reported better-than-expected first-quarter gross bookings, indicating continued strength across the travel industry.

Three months after Blue Owl Capital Inc. shelved a merger between two private credit funds, it has found a different way to provide investors with promised liquidity - selling loans.

Todd Kahn, CEO and brand president of Coach, discusses the brand’s growth, attributing much of its recent success to a strategic focus on Gen Z consumers. He speaks with Romaine Bostick and Katie Greifeld on “The Close.” (Source: Bloomberg)

Gold steadied, after jumping 2% on Wednesday, with many Asian markets closed for Lunar New Year holidays and traders focused on the Federal Reserve’s next move on interest rates.

Oil steadied after its biggest daily gain since October, following a report that American military intervention in Iran could come sooner than expected.

Michael Brown, president and CEO of Travel + Leisure Co., discusses the company’s latest earnings report and record stock close. He tells Romaine Bostick and Katie Greifeld on “The Close” that consumer spending on travel remains robust. (Source: Bloomberg)