Lilya Tessler, head of global fintech and blockchain at Sidley Austin, discusses Bitcoin’s recent softness and the broader crypto outlook. She tells Romaine Bostick and Katie Greifeld on “The Close” that stalled legislative progress on cryptocurrency regulation is adding uncertainty to the market. (Source: Bloomberg)

Bloomberg’s Ed Ludlow discusses OpenAI nearing the first phase of a new funding round that could bring in more than $100 billion. Plus, Mark Zuckerberg testified in a landmark social media trial, telling a jury it is "very difficult" to enforce Instagram's age limits. And, the DOJ is taking a closer look at how theater chains could be impacted by a sale of Warner Bros. Discovery. (Source: Bloomberg)

Germany is looking to dispel concerns that its planned €3 billion ($3.5 billion) order for attack drones from a Peter Thiel-backed defense start-up could pose a security threat due to the role of the controversial US investor.

Meta says it no longer focuses on how much time users spend on Instagram, but Minda Smiley, senior analyst at EMARKETER, says the metric is still crucial for social networks and their bottom lines. She says any changes Meta or other companies are forced to make because of ongoing litigation could have a financial impact. Smiley joins Ed Ludlow on “Bloomberg Tech.” (Source: Bloomberg)

Meta CEO Mark Zuckerberg told a jury it is ‘difficult’ to enforce age restrictions on teens using Instagram. Mary Anne Franks, George Washington University Law School Professor in Intellectual Property, Technology, and Civil Rights Law, explains what impact this case and others could have. She joins Ed Ludlow on “Bloomberg Tech.” (Source: Bloomberg)

Chinese tech giant ByteDance is hiring for nearly 100 open roles within its artificial intelligence division in the US, as it aims to compete with American firms. Bloomberg’s Alexandra Levine discusses the plans and implications with Ed Ludlow on “Bloomberg Tech.” (Source: Bloomberg)

Artificial intelligence-linked companies fueled US convertible bond volume to a record haul and that trend will likely continue this year.

The PlayStation subsidiary previously made remakes of games like ‘Demon’s Souls’