Commissioners from Doña Ana County, New Mexico, approved a $165 billion industrial revenue bond package and a sweeping set of tax incentives tied to a sprawling AI data center project, moving forward with one of the largest economic development efforts in New Mexico history.

Sales at Elon Musk’s X dropped slightly during the second quarter from the first quarter, signaling that the social network has struggled to build on the spending that rushed in when Musk was at the center of US politics.

Bloomberg’s Caroline Hyde and Ed Ludlow discuss headlines coming out of a call between US President Trump and Chinese President Xi Jinping about a framework agreement for TikTok's US operations. Plus, Apple rolls out its new iPhone 17 models in stores with long lines and reports of scratches. And FCC Commissioner Anna Gomez talks about the suspension of the Jimmy Kimmel show and threats from the Trump administration to pull some broadcast licenses. (Source: Bloomberg)

Aptiv Plc, which in January announced a spinoff plan for its electrical distribution systems business, is now reaching out to potential buyers for the unit, according to people familiar with the matter.

Oracle Corp. is in discussions with Meta Platforms Inc. for a cloud computing deal worth about $20 billion, providing further evidence that the company has become a significant infrastructure provider.

Microsoft Corp. on Friday said it is increasing the prices of its flagship Xbox Series S and Series X video game consoles on Oct. 3, citing changes in the macroeconomic environment.

Kindbody attracted millions from investors eager to disrupt the fertility industry. But former employees describe a company that at times cut too many corners.

Elon Musk’s artificial intelligence startup xAI has raised new funding at a $200 billion valuation, according to a person familiar with the deal, making it one of the world’s most valuable startups.