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| Netflix’s dilemma: Netflix's stock price has nearly doubled over the last 12 months, but the premium valuation is making some investors wary of a potential sell-off, especially with revenue growth expected to slow down in 2025. Google food fight: The Alphabet Inc. company is ending an experiment that would have showed snapshots of cooking recipes directly in its Google Search tool. Food bloggers criticized the feature, which they feared would stop users from visiting their websites. Airline hack: Qantas Airways said a “significant” amount of customer data appears to have been stolen by a cyberattack targeting one of its contact centers. The third-party platform used by the call center held records on some 6 million customers. | |
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| Saudi Arabia-based Ninja has raised around $250 million from local investors, valuing the company at about $1.5 billion and making it the kingdom's newest tech unicorn. The quick-delivery company was founded in 2022. | |
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| Microsoft is beginning a round of job cuts this week, the company’s second significant workforce reduction of 2025, Brody Ford reports in today’s Tech In Depth. Even though it’s a profit-making machine, Microsoft is trimming expenses in the name of spending big on artificial intelligence — and it’s just one of many tech companies pouring resources into AI while trying to reduce costs elsewhere, he writes. Get the Tech In Depth newsletter for analysis and scoops about the business of technology from Bloomberg’s journalists around the world. | |
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