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Mommy, Ambani broke my business

India’s billionaires believe in rugged, muscular capitalism—so at the first hint of trouble, they go running to mommy. Sunil Mittal, who controls India’s biggest wireless service, and Kumar Mangalam Birla, who’s in the process of merging his number 3 operator with the second-ranked local unit of Vodafone Plc, are seeking the Indian government’s intervention. The big three claim the entry ...

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Political correctness won’t fix Uber’s problems

There’s a disconnect between the way Uber, the ride-hailing company, is trying to transform itself and what it really needs to fix to become a sustainable business. Instead of reconsidering its business model and protecting itself against a regulatory backlash, it has decided to go politically correct. As a result of much highly public soul-searching, caused by accusations of mistreating ...

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FB enlists AI, human experts in new push against terror

Bloomberg Facebook Inc. has hired more than 150 counterterrorism experts and is increasingly using artificial intelligence that can understand language and analyze images to try to keep terrorists from using the social network for recruiting and propaganda. Monika Bickert, director of global policy management, and Brian Fishman, counterterrorism policy manager, outlined aspects of Facebook’s latest efforts in a post to ...

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