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Tech Across the Globe

Meta antitrust trial: Instagram co-founder Kevin Systrom testified that his photo-sharing app could have succeeded without being acquired by the social networking giant — potentially bolstering the US government’s monopoly case against Meta.

Apple shake-up: Apple’s new head of Siri has made changes to his management staff as the iPhone maker scrambles to catch up with rivals and infuse artificial intelligence features into its digital voice assistant.

Huawei’s gains: The smartphone maker has won a dominant position in China’s competitive electric vehicle market by creating the intelligent driving software that runs the cars.

Revalued

Walnut Coding, which provides services that help children learn to code, is weighing whether to aim to raise $100 million in a US initial public offering, one of a number of Chinese tech companies considering IPOs on Wall Street despite trade tensions and the market’s instability.

Must read

In today’s Tech in Depth, Austin Carr gets a demonstration of Alafia’s desktop AI supercomputer. The machine, which costs $95,000, is an example of the coming advances that may make it easier over the next decade to use artificial intelligence tools from less-expensive powerful computers at your desk. For more of Bloomberg’s coverage of the technology industry, subscribe here.

Bloomberg Events

Bloomberg Tech conference: As 2025 continues to disrupt expectations for the next phase of AI, open new frontiers in quantum computing and threaten an increase in sophisticated cyberattacks, investment strategies will have to innovate just as quickly. Join executives such as Uber’s Dara Khosrowshahi, investors including Jeffrey Katzenberg and Nobel Laureate Jennifer Doudna – led by Bloomberg’s Emily Chang and Tom Giles – to discuss how to navigate the hazards and multiply the opportunities created by technology’s rapid changes. Register now for the event June 4-June 5 in San Francisco.

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