Bloomberg BusinessWeek

Artificial intelligence may be coming for hundreds of thousands of jobs, but Standard Chartered Plc’s chief executive officer has a message for anxious employees: we’ve been here before.

Apple delivered a mixed outlook to investors, with narrower profit margins overshadowing an upbeat sales forecast. The company predicted revenue growth of 7% to 10% during the holiday season, but warned that gross margins would be thinner than projected. Bloomberg's Ruhell Amin breaks down the situation. (Source: Bloomberg)

Royal Philips NV has reached an agreement with the US Justice Department over a recall of faulty sleep apnea devices, sending its shares up.

Nvidia Corp. has instructed its cloud computing clients to scale back their exposure to Chinese companies, the Financial Times reported, citing unidentified people.

Krafton Inc. aims to deliver a global gaming hit from a budding development studio in India, leveraging the presence in one of its top markets to define its next stage of growth.

China plans to roll out a broad set of standards governing the AI safety from development through deployment, representing some of the most comprehensive guidelines to guard against a loss of control over increasingly powerful artificial intelligence.

UBS Group AG’s chief executive said guarding against cyber attacks has become as important as — if not more important than — managing traditional credit and market risks, as such threats across the banking sector grow in frequency and sophistication.

Some of the world’s biggest asset managers are sounding the alarm about risks to the artificial intelligence boom, even as Wall Street’s top CEOs talk up the potential windfall from the market.

“Bloomberg: The China Show” is your definitive source for news and analysis on the world's second-biggest economy. From politics and policy to tech and trends, Yvonne Man and David Ingles give global investors unique insight, delivering in-depth discussions with the newsmakers who matter. (Source: Bloomberg)

UBS CEO Sergio Ermotti warned that cyber threats now rival or surpass traditional credit and market risks for banks, urging more resilience against these attacks. (Corrects description of Ermotti's remarks on the stigma around cyber attacks.) (Source: Bloomberg)

Morgan Stanley Chairman and CEO Ted Pick suggests AI investment could reach $10 trillion to $15 trillion over the next decade, leveraging the potential of major productivity gains. (Source: Bloomberg)

Blackstone President Jon Gray and Pimco CEO Emmanuel Roman debate whether global credit markets can absorb the tech industry’s multitrillion-dollar AI spending spree, at the HKMA Global Financial Leaders' Investment Summit. (Source: Bloomberg)

Wall Street’s top chiefs said that capital markets will continue to underwrite the global artificial intelligence infrastructure buildout, with Morgan Stanley projecting cumulative spending could reach $15 trillion over the next decade.

The heads of Marvell Technology Inc. and Lumentum Holdings Inc. got the blessing of Nvidia Corp.’s Jensen Huang before striking their nearly $103 billion tie-up.

State Street Corp. Chairman and Chief Executive Officer Ron O’Hanley said it’s “hard to see” AI as being a bubble yet, with demand supporting the massive investments being poured into the technology.

DBS Group CEO Tan Su Shan talks about the bank’s aggressive adoption of AI, how the Binance hack shows the need for tightening cyber hygiene, as well as the growth in wealth flows in both Singapore and Hong Kong. She speaks exclusively to Bloomberg's The China Show on the sidelines of an HKMA investment summit. (Source: Bloomberg)

Apple has delivered a forecast for the holiday period that topped Wall Street estimates, even as it failed to impress investors who have bid up the shares in recent months. For more on a mixed first report card under new CEO John Ternus, Bloomberg's Ed Ludlow dissects the numbers. (Source: Bloomberg)

Eric Adler, CEO of L&G Asset Management, discusses his outlook and strategy for business growth in APAC. He speaks exclusively with David Ingles and Yvonne Man on the sidelines of the Hong Kong Monetary Authority Global Financial Leaders' Investment Summit. (Source: Bloomberg)

Jenny Johnson, CEO of Franklin Templeton, discusses her outlook for APAC and global markets, investment strategies, and the strategies for business growth. She speaks exclusively with David Ingles and Yvonne Man on the sidelines of the Hong Kong Monetary Authority Global Financial Leaders' Investment Summit. (Source: Bloomberg)

Apple Inc.‘s Chinese revenue fell short of estimates in the September quarter, reflecting the difficulties of gauging the US company’s business in an economy struggling with consumer malaise.