
You.com has closed a $100 million funding round that values the startup at $1.5 billion. Founder and CEO Richard Socher discusses how the company plans to use the funds and the evolution of search fueled by AI agents with Caroline Hyde and Ed Ludlow on “Bloomberg Tech.” (Source: Bloomberg) Source: Bloomberg Markets.
Non-bank liquidity providers like Jane Street is benefiting from the volatility of President Trump’s tariff wars. Jane Street’s trading revenue in the second quarter surpassed that of JPMorgan Chase & Co. for the first time, signaling a shift in the big players of the trading landscape, reports Bloomberg’s Katherine Doherty. (Source: Bloomberg) Source: Bloomberg Markets.

Cuts to the US science budget are threatening to delay construction of a telescope that could deepen understanding of the universe. Bloomberg’s Bruce Einhorn joins “Bloomberg Tech” to discuss why astronomers are worried that China could become the global leader in space knowledge. (Source: Bloomberg) Source: Bloomberg Markets.

Goldman Sachs Paris Co-Head Celine-Marie Mechain says France remains “an attractive investment area” despite ongoing political turmoil ahead of the Sept. 8 no-confidence vote called by Prime Minister Francois Bayrou. Domestic stocks have “reacted well” to the uncertainty, Mechain tells Bloomberg Television. “We also see a pickup in activity, you know, in the M&A market,”…
Reform UK has vowed to change the way public sector pensions are invested as it attempts to cut waste in local councils, saying “mismanagement” of funds is costing as much as £10 billion ($13.5 billion) a year in missed earnings and excess fees. Source: Bloomberg Markets.