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Speaker 1: News when you want it with Bloomberg News Now. I'm

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Speaker 1: Charlie Pellett. The Trump administration is asking the US Supreme

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Speaker 1: Court to decide whether he has the power to impose

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Speaker 1: tariffs under federal law. The government called on the court

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Speaker 1: to reverse an appeals court ruling that most of President

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Speaker 1: Trump's tariffs were illegal under an emergency powers law. The

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Speaker 1: tariffs are in effect and will remain in place until

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Speaker 1: at least October fourteenth under the appeals court ruling. Apple

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Speaker 1: is gearing up to launch its own AI powered web

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Speaker 1: search engine next year, directly challenging chant, GPT and Perplexity.

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Speaker 1: Bloomberg has learned the companies working on a new system

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Speaker 1: that will be integrated into the Siri voice assistant with more.

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Speaker 1: Here's Bloomberg's Mark German.

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Speaker 2: It's going to come out in spring twenty twenty six.

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Speaker 2: Some features one these are announced the ones in metal

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Speaker 2: list voice based navigation, control your phone, your devices all

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Speaker 2: with your okay scroll here like this screenshot, that, et cetera.

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Speaker 2: The other thing deep search into your device to pull

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Speaker 2: up files tex messages.

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Speaker 1: Bloomberg's Mark German. Harvard has won a major court battle

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Speaker 1: against the Trump administration. A federal judge has ruled the

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Speaker 1: US government illegally froze over two billion in research funding,

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Speaker 1: violating Harvard's free speech rights and failing to follow proper procedures.

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Speaker 1: More from Bloomberg's miss Rolana igof Opulu.

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Speaker 3: There wasn't an explicit explanation about whether the administration needs

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Speaker 3: to release this funding immediately or whether the school is

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Speaker 3: going to be able to get it. But the judge

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Speaker 3: clearly laid out in this opinion, which was about eighty

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Speaker 3: pages long, that the way the administration went about freezing

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Speaker 3: this fund these funds was illegal.

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Speaker 1: Google must pay four hundred and twenty five million dollars

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Speaker 1: in compensatory damages for violating the privacy rights of almost

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Speaker 1: one hundred minut billion Google users who ask that their

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Speaker 1: account data not be tracked. A jury found that Google

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Speaker 1: deceived its users about a privacy switch in their account

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Speaker 1: settings that would purportedly stop the company from collecting their

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Speaker 1: data across third party apps. The jury also found that

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Speaker 1: Google is liable for invasion of privacy and intrusion upon

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Speaker 1: seclusion violations under the California Constitution, but not California's Computer

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Speaker 1: Data Access and Fraud Act. The Texasate has voted to

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Speaker 1: send a bill to Governor Greg Abbott's desk that allows

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Speaker 1: any Texan to file a lawsuit against an abortion pill

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Speaker 1: manufacturer or distributor. The legislation also allows women and family

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Speaker 1: members to file wrongful injury or death suits related to

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Speaker 1: abortion pill use. It is seen as a major win

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Speaker 1: for national anti abortion organizations. Democrats in the state legislature, however,

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Speaker 1: have condemned the legislation as an unconstitutional attempt to restrict

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Speaker 1: access to reproductive healthcare. Eric Trump's stake in a newly

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Speaker 1: public crypto firm is now worth more than half a

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Speaker 1: billion dollars. The President's sun owns about seven and a

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Speaker 1: half percent of American Bitcoin, a mining company that made

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Speaker 1: its Nasdaq debut Wednesday. The junior Trump spoke earlier to Bloomberg.

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Speaker 4: Right now, we're mining bigcoin at roughly fifty cent dollars

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Speaker 4: of actual price at bitcoin. We're mining a lot of it.

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Speaker 4: We're using the Honey infrastructure in order to do so,

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Speaker 4: and so we've got an unbelievable advantage. I mean, we've

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Speaker 4: gote hundreds and millions of dollars of hard assets data

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Speaker 4: centers behind US mining operations. Every single day, which allows

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Speaker 4: you to kind of dollar cost average down the bigcoin

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Speaker 4: that you actually do take on.

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Speaker 1: Conoco Phillips plans to cut as much as a quarter

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Speaker 1: of its global workforce amid lower crude prices and expectations

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Speaker 1: of peaking shale output and with more. Here's Bloomberg's Tom Buzzby.

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Speaker 5: Conoco Phillips is the largest independent US oil producer in

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Speaker 5: the company says the majority of the oil giants job

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Speaker 5: cuts are in the range of twenty to twenty five

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Speaker 5: percent of its roughly thirteen thousand strong workforce, and the

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Speaker 5: downsizing includes both employees and contractors. As the USHL patch matures,

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Speaker 5: producers are looking to consolidation, job cuts and faster drilling

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Speaker 5: to produce more oil at lower costs. Analysts and pundits

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Speaker 5: have long said that USHL is nearing a peak, and

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Speaker 5: some industry executives are beginning to acknowledge as much. In

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Speaker 5: New York, I'm Tom busby Bloomberg, Radio.

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Speaker 1: Sources tell Bloomberg the New York Giants have agreed to

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Speaker 1: sell a minority stake in the storied franchise to Julia

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Speaker 1: Coch and members of the billionaire Coke family. Those sources

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Speaker 1: say the talks are subject to final agreement by both sides,

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Speaker 1: with the expectation to present the deal to other NFL

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Speaker 1: owners in October. And that's news when you want it

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Speaker 1: with Bloomberg News now, I'm Charlie Peloton. This is Bloomberg