Several colleagues and I have a big new feature out today: An inside look at the global peptide trade, a billion-dollar black market in experimental and potentially dangerous drugs that RFK Jr. is pushing to make legal. Gift link: www.bloomberg.com/features/202...

The Billion-Dollar Peptides Gold Rush

As black-market drugs go mainstream and legalization is within reach, entrepreneurs, investors and healthcare players are racing to cash in.

bloomberg.com

Rabbit rabbit! June is here, and so is the latest Bloomberg Businessweek issue. Head to your favorite newsstand or click on the 🎁 🔗 below to read my latest feature on Meta’s $200B data center project in the Louisiana Delta. Will you join me on a journey to the Bayou? ln.run/rIGIN

Much of the Louisiana #Meta project has been developed behind closed doors. Lucky, @rileyraygriffin.bsky.social of @bloomberg.com took a deep dive into how we got here… and ultimately reveals, we don’t know much about where we will end up. www.bloomberg.com/features/202...

Important story here from @alexlevine.bsky.social @rileyraygriffin.bsky.social @kurtwagner.bsky.social: www.bloomberg.com/features/202... I talked to a few DOJ officials about this in 2023: www.washingtonpost.com/technology/2.... They were already overwhelmed, and the problem's gotten so much worse

AI Has Emboldened Child Predators, and Investigators Can't Keep Up

To find real kids in danger, law enforcement must sift through a surge of AI-generated sex imagery.

bloomberg.com

What happens when the AI race collides with child safety?

Amazon Found ‘High Volume’ Of Child Sex Abuse Material in AI Training Data

The tech giant reported hundreds of thousands of cases of suspected child sexual abuse material, but won’t say where it came from

bloomberg.com

The US push to rapidly expand AI infrastructure is colliding with realities on the ground. I’ve been reporting on one of the most ambitious data center projects underway, what’s poised to become the largest in Meta’s fleet. At peak, the site is expected to require 5K+ workers.

NEW: Mark Zuckerberg once made immigration reform a signature cause. More than a decade later, his philanthropy has fully cut ties with the pro-immigration advocacy group he founded, FWD.us, underscoring how his posture has shifted over the years, and most recently as Trump returns to power.

Sources: The Chan Zuckerberg Initiative cuts ties with FWD.us, an immigration advocacy group founded by Mark Zuckerberg, eliminating FWD.us' main funding source (Bloomberg) Main Link | Techmeme Permalink

🚨The FDA has put off a long-promised mifepristone safety review at Commissioner Marty Makary’s request, seeking to push the controversial study past the midterms to sidestep political fallout. Gift link to my scoop w/ @rachelcohrs.bsky.social +Charles Gorrivan here: shorturl.at/ED0OI @bloomberg.com

FDA Slow Walking a Long-Awaited Abortion Pill Safety Study

The Food and Drug Administration has delayed a promised review of safety data for the abortion drug mifepristone at Commissioner Marty Makary’s request to put it off until after the midterm elections,...

shorturl.at

Meta is moving into electricity trading, betting it can speed up construction of new US power plants to fuel its AI ambitions. Our interview with Meta’s energy chief shows how Big Tech is reshaping America’s energy markets: www.bloomberg.com/news/article...

Meta Looks to Power Trading to Support Its AI Energy Needs

Meta Platforms Inc. is venturing into the complex world of electricity trading, betting it can accelerate the construction of new US power plants that are vital to its artificial intelligence ambition...

bloomberg.com

Meta is poised to announce the completion of 2Africa—a 45,000-km subsea cable looping Africa—but its Red Sea stretch remains stalled. Meta isn’t alone: regional security threats have sidelined multiple projects. 🔗SCOOP with Loni Prinsloo, Jillian Deutsch and Olivia Solon here: shorturl.at/loYga

Google, Meta Delay Red Sea Cables as Security Risks Rattle Plans

Multiple subsea internet cables slated to run through the Red Sea are yet to complete as planned, as political tensions and heightened security threats have made the route more dangerous and complicat...

shorturl.at

Scoop: Reddit is in talks with Google to strike a new AI content deal—one that would get the platform paid more for its data, which has become crucial for training Google's AI & powering search results w/ @rileyraygriffin.bsky.social & @shiringhaffary.bsky.social www.bloomberg.com/news/article...

Joined @vox.com epic pod, "Today, Explained" to chat AI talent wars, Zuckerberg's multi-hundred million dollar comp offers and ... that evasive concept of 🧠*superintelligence* 🧠 Listen up 🔊 open.spotify.com/episode/0fi5... PLUS: It's a two-fer with my ol' pal, @gerritd.bsky.social

$250 million to work for Meta

open.spotify.com

SCOOP: President Trump threatened to inflict “substantial” tariffs on countries that impose digital taxes just days after Mark Zuckerberg raised concerns about the levies during a White House meeting. Dive into the details: bloomberg.com/news/article... @bloomberg.com

Zuckerberg Lobbied Trump on Digital Taxes Before Tariff Threat

President Donald Trump threatened to inflict “substantial” tariffs on countries that impose digital taxes just days after Meta Platforms Inc. Chief Executive Officer Mark Zuckerberg raised concerns ab...

bloomberg.com

A UK deputy PM turned Meta political fixer tells me Silicon Valley has overcorrected by leaning to hard into US politics and the "America first" agenda. But he’s not surprised: “Silicon Valley is a place of stampedes and fads,” says Nick Clegg, Meta’s ex–global affairs chief.🧵

Scientists have released the closest images ever taken near the sun, captured by NASA’s Parker Solar Probe flying 3.8 million miles above the solar surface. See more images of solar eruptions on the sun: wapo.st/3Irm3P3

The official tally of measles cases in the US is now the highest in more than three decades -- and we have five months to go. @jessicanix.bsky.social has details on what's driving the surge> www.bloomberg.com/news/article...

Breaking: Linda Yaccarino is stepping down as CEO of Elon Musk’s X social-media platform after two years on the job.

Yaccarino to Step Down as CEO of Elon Musk’s X After Two Years

Linda Yaccarino is stepping down as chief executive officer of Elon Musk’s X social-media platform after two years on the job.

bloom.bg

Exclusive: Meta held discussions with AI search startup Perplexity about a possible takeover before moving ahead with a multibillion-dollar investment in Scale AI

Meta Discussed Buying Perplexity Before Investing in Scale AI

Meta Platforms Inc. held discussions with artificial intelligence search startup Perplexity AI Inc. about a possible takeover before moving ahead with a multibillion-dollar investment in Scale AI, according to people familiar with the matter.

bloom.bg

Zuck's plans for a `superintelligence' unit, first reported by Bloomberg, stem from internal frustration and disappointment with the latest Llama release. Scoop by @kurtwagner.bsky.social and @rileyraygriffin.bsky.social www.bloomberg.com/news/article...

Zuckerberg Is Personally Recruiting New ‘Superintelligence’ AI Team at Meta

Mark Zuckerberg, frustrated with Meta Platforms Inc.’s shortfalls in AI, is assembling a team of experts to achieve artificial general intelligence, recruiting from a brain trust of AI researchers and...

bloomberg.com

Meta reached its largest power deal to date, sending nuclear-related stocks soaring. The company clinched a 20-year contract with Constellation Energy Corp. for power from an Illinois nuclear plant that was once at risk of closure. My latest: www.bloomberg.com/news/article... @bloomberg.com

Meta to Buy Nuclear Power From Constellation as AI Demand Soars

Constellation Energy Corp. agreed to sell power from an Illinois nuclear plant to Meta Platforms Inc. as artificial intelligence sends power demand soaring.

bloomberg.com

For our reporting on Mark Zuckerberg's efforts to court President Donald Trump, we used data from @jacks.grndcntrl.net's @zuckjet.grndcntrl.net to produce this telling graphic... ✈️ Full story w/ @kurtwagner.bsky.social for @bloomberg.com, here: t.co/81wpCktYrX

Mark Zuckerberg has done everything he can to win over Trump, and it’s not clear how much he has to show for it. Read The Big Take

Mark Zuckerberg Loves MAGA Now. Will MAGA Ever Love Him Back?

Meta’s CEO has done everything he can to win over Trump, and it’s not clear how much he has to show for it.

bloom.bg

Newsletter | Tech In Depth Zuckerberg’s Pivot Toward Trump Raises Questions About Endgame www.bloomberg.com/news/newslet... via @bloomberg.com @rileyraygriffin.bsky.social

Zuckerberg’s Pivot Toward Trump Raises Questions About Endgame

Welcome to Tech In Depth, our daily newsletter with reporting and analysis about the business of tech from Bloomberg’s journalists around the world. Today, Riley Griffin writes about what she and coll...

bloomberg.com

My colleagues @rileyraygriffin.bsky.social and @kurtwagner.bsky.social spoke to more than 50 people for this in-depth look at efforts by Meta CEO Mark Zuckerberg to woo Trump.

Kurt Wagner@kurtwagner.bsky.social · last yr.

🚨 New Businessweek Feature 🚨 What is behind Mark Zuckerberg's rightward swing toward President Trump? I'd wager it's less about personal politics, and more about a finely tuned sense of self-preservation... w/ @rileyraygriffin.bsky.social www.bloomberg.com/news/feature...

President Biden called Mark Zuckerberg "Little Twerp" and "Fuckerberg” www.bloomberg.com/news/feature... @rileyraygriffin.bsky.social @kurtwagner.bsky.social

Mark Zuckerberg Loves MAGA Now. Will MAGA Ever Love Him Back?

Meta’s CEO has done everything he can to win over Trump, and it’s not clear how much he has to show for it.

bloomberg.com

🚨 New Businessweek Feature 🚨 What is behind Mark Zuckerberg's rightward swing toward President Trump? I'd wager it's less about personal politics, and more about a finely tuned sense of self-preservation... w/ @rileyraygriffin.bsky.social www.bloomberg.com/news/feature...

Mark Zuckerberg Loves MAGA Now. Will MAGA Ever Love Him Back?

Meta’s CEO has done everything he can to win over Trump, and it’s not clear how much he has to show for it.

bloomberg.com

“For us, growth is everything,” Instagram chief Adam Mosseri said today in court. “You’re either growing, or you’re slowly dying.” Reporting live from DC, here’s how he described TikTok’s threat to Instagram in Meta’s antitrust battle with the FTC: www.bloomberg.com/news/article...

Instagram Chief Says App Has Feared TikTok Threat for Years

A small portion of Instagram’s content comes from users engaging with family and friends as the app focuses more on video offerings to compete with TikTok, the platform’s chief Adam Mosseri said, seek...

bloomberg.com

BREAKING: Meta told staff that it’s chosen Robert Fergus to helm its artificial intelligence research lab, FAIR, elevating an employee who helped start the lab before a stint at competitor Alphabet's DeepMind. Dive into the AI news, here: www.bloomberg.com/news/article...

Meta Taps New Head of AI Lab After Staffer’s Return From Google

Meta Platforms Inc. told staff that it’s chosen Robert Fergus to helm its artificial intelligence research lab, elevating an employee who helped start the lab before a stint at competitor Alphabet Inc...

bloomberg.com

An internal Meta report from 2019 found "that minors made up 27% of the follow recommendations that the social media app surfaced to 'groomers'" 😳 New data coming out today at the Meta-FTC antitrust trial... gift link w/ @rileyraygriffin.bsky.social www.bloomberg.com/news/article...

Instagram Urged ‘Groomers’ to Connect With Minors, FTC Says

Instagram’s automated software systems recommended that child “groomers” connect with minors on the app, making it easier for them to find victims, according to a 2019 internal document presented in c...

bloomberg.com