Drake Bennett

New York

Reporter at Bloomberg News

Writer at Bloomberg Businessweek

Technology reporter for @Business and writer for @bw magazine. [email protected]

Articles

Apple’s Reliance on China Is About Far More Than Labor Costs

4 weeks ago | bloomberg.com | Drake Bennett

A new book argues that the company’s approach to outsourcing is a formidable competitive advantage that would be difficult to unravel. Last week, in a Truth Social post, US President Donald Trump threatened to slap 25% tariffs on iPhones until Apple starts manufacturing them in the US. Given Trump’s track record on announcing and rescinding new tariffs, it’s very possible that nothing will come of this.
Apple Is Spending Billions and Still Hasn’t Managed to Crack AI

1 month ago | news.bloombergtax.com | Mark Gurman |Drake Bennett

Back in 2018 it looked like Apple Inc.’s artificial intelligence efforts were finally getting on track. Early that year, Craig Federighi, Apple’s software chief, gathered his senior staff and announced a blockbuster hire: The company had just poached John Giannandrea from Google to be its head of AI. JG, as he’s known in the industry, had been running Google’s search and AI groups.
How Apple Intelligence and Siri AI Went So Wrong

1 month ago | bloomberg.com | Mark Gurman |Drake Bennett

Back in 2018 it looked like Apple Inc.’s artificial intelligence efforts were finally getting on track. Early that year, Craig Federighi, Apple’s software chief, gathered his senior staff and announced a blockbuster hire: The company had just poached John Giannandrea from Google to be its head of AI. JG, as he’s known in the industry, had been running Google’s search and AI groups.
Why Apple Still Hasn’t Cracked AI

1 month ago | flipboard.com | Mark Gurman |Drake Bennett

NowThe “One Big Beautiful Bill” moving through the United States House of Representatives is being advertised as an economic engine, but that rhetoric masks its reality. The current bill text would grind our economy to a halt by stealing 830,000 jobs by 2030, costing America more than $1 trillion in …
America’s Leading Alien Hunters Swear by AI Sky-Scanner Software

1 month ago | news.bloomberglaw.com | Jordan Robertson |Drake Bennett

When Laura Dominé was getting her Ph.D. in physics at Stanford University, her research was on neutrinos: elementary particles, minuscule even to physicists, that to laypeople sound made-up. Neutrinos are almost massless and electrically neutral, and therefore they pass through matter as if it were air. Trillions of the so-called ghost particles are zipping through you right now unnoticed, continuing journeys that began, for many of them, a single second after the Big Bang.
America’s Leading Alien Hunters Depend on AI to Speed Their Search

1 month ago | bloomberg.com | Jordan Robertson |Drake Bennett

When Laura Dominé was getting her Ph.D. in physics at Stanford University, her research was on neutrinos: elementary particles, minuscule even to physicists, that to laypeople sound made-up. Neutrinos are almost massless and electrically neutral, and therefore they pass through matter as if it were air. Trillions of the so-called ghost particles are zipping through you right now unnoticed, continuing journeys that began, for many of them, a single second after the Big Bang.
US Tech Production Runs Smack Into Wright’s Law: Tech In Depth

Mar 24, 2025 | news.bloombergtax.com | Drake Bennett

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US Tech Manufacturing Efforts Run Smack Into Wright’s Law

Mar 24, 2025 | bloomberg.com | Drake Bennett

This article is for subscribers only. Welcome to Tech In Depth, our revamped daily newsletter with reporting and analysis about the business of tech from Bloomberg’s journalists around the world. Today, Drake Bennett looks at some practical disadvantages in the quest to bring electronics manufacturing back to the US.
US Drone Maker Skydio Wants to Take the Country’s Airspace Back From China

Mar 18, 2025 | bloomberg.com | Drake Bennett |Ashlee Vance

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The Science (®)! Bloomberg News: ‘Climate change is leading to more social media use, as the increase in extreme weather events forces people indoors’

Feb 17, 2025 | climatedepot.com | Marc Morano |Drake Bennett

Climate change is leading to more social media use, as the increase in extreme weather events forces people indoors https://t.co/gLivpaKmNV — Bloomberg (@business) February 17, 2025 https://www.bloomberg.com/news/newsletters/2025-02-17/posting-through-it-climate-change-is-fueling-social-media-use Bloomberg: Posting Through It: Climate Change Is Fueling Social Media Use February 17, 2025, By Drake Bennett Doom scrolling The list of climate change’s effects is long and Biblical: rising,...