Bloomberg Tech

FedEx Corp. is ripping up founder Fred Smith’s well-worn playbook as it rethinks virtually the entire business. That could mean the end of FedEx drivers as we know them.

Online prices in the US dropped 1.7% in March from a year earlier, the seventh-straight decline and the sharpest retreat in four months.

(Bloomberg) — Investors are turning their focus to the world’s top finance ministers and central bankers assembling this week in Washington, looking for fresh clues on the outlook for everything from interest rates, banking stability and debt relief to oil prices and the testy US-China relationship.

Discounts continuing at the pace they are arguably isn’t good for anyone, no matter how happy it may make consumers today.

SenseTime Group Inc. showed off a suite of new artificial-intelligence services developed with the company’s access to vast troves of data and deep computing power, including the latest Chinese challenger to AI phenom ChatGPT.

China has hit back at a report that India confronted Myanmar in recent months with intelligence showing that Beijing is providing help building a surveillance post on a remote island in the Bay of Bengal.

Sam Altman, co-founder and chief executive officer of OpenAI, said the organization is looking at opening a Japan office and expanding Japanese language services after meeting with Prime Minister Fumio Kishida.

One of the largest leaks of alleged classified US military documents in a decade has sparked an official investigation by the Department of Defense and could complicate American support for Ukraine shortly before a major offensive by Kyiv.