Online spending across all retailers in the US hit $26.4 billion during Amazon.com Inc.’s annual Prime Day sale, according to Adobe Inc., narrowly beating the firm’s earlier estimate of $26.3 billion.

Within a span of five hours Thursday, Apple Inc. and Microsoft Corp. hiked the prices for such popular products as Xbox video-game consoles, Macs and iPads.

The artificial intelligence boom has a power problem, and Wall Street is betting billions on companies that promise to solve it — even if some of the technology hasn’t been fully developed yet.

Australia will grant its online safety watchdog more powers and increase the maximum penalty for breaches of its world-first social media ban, with Prime Minister Anthony Albanese saying big tech companies are not doing enough to comply.

Apple Inc. is pressing the White House for approval to purchase memory chips from a blacklisted Chinese company as it grapples to rein in chip costs, the Financial Times reported on Saturday.

Kevin Warsh and three other veterans of the 2008 global financial crisis will share a stage this week as the danger of renewed turmoil continues to haunt central bankers.

Tech companies are selling stock like it’s the dot-com boom, and some investors fear that’s a bad sign for bondholders.

The news doesn’t stop when markets close. Hosts David Gura, Christina Ruffini and Lisa Mateo bring clarity, context and a bit of humor to the weekend’s biggest headlines, LIVE from New York. Joined by Fmr. UN Ambassador and Fmr. USAID Administrator Samantha Power and Oklahoma Senator Alan Armstrong. (Source: Bloomberg)

Two of the US military ships used in a blockade meant to pressure Nicolás Maduro have headed back toward Venezuela, this time with rescue teams, equipment and medical aid after devastating twin earthquakes struck the country this week.

David Gura, Christina Ruffini, and Lisa Mateo of “Bloomberg This Weekend” play Pointed! Wager your points, leverage your bets and answer wisely. A new quiz is available to play each week on Bloomberg.com (Source: Bloomberg)