Articles from www.bloomberg.com

Articles from www.bloomberg.com

Apple plans to source more than 19B chips from the US this year, including from TSMC's expanding Arizona facilities, as it seeks to lessen its reliance on China (www.bloomberg.com)
2025-5-2 China Apple

Google begins showing AdSense ads in conversations with AI chatbots; sources say Google tested the ads in 2024 with startups, like AI search apps iAsk and Liner (www.bloomberg.com)
2025-5-2 Google Startup AI chatbot

Instacart reports Q1 revenue up 9% YoY to $897M and gross transaction volume up 10% to $9.1B, and forecasts Q2 revenue above est.; CART jumps 5%+ after hours (www.bloomberg.com)
2025-5-2

LinkedIn will share ad revenue with creators for the first time, starting with 30 B2B creators, and says users now watch 36% more video content than a year ago (www.bloomberg.com)
2025-5-2 LinkedIn

Sources: the US is weighing a potential easing of restrictions on Nvidia chip sales to the UAE as Trump plans a visit to the country; NVDA jumps 4%+ (www.bloomberg.com)
2025-5-2 Trump Nvidia

Sources: Ripple proposed acquiring Circle for $4B to $5B, which was rejected as too low, and remains interested but hasn't decided whether to make another offer (www.bloomberg.com)
2025-5-2

Roblox reports Q1 revenue up 29% YoY to ~$1B, Bookings up 31% YoY to ~$1.2B, above $1.11B est., and DAUs up 26% YoY to 97.8M, above 93.3M est.; RBLX jumps 8%+ (www.bloomberg.com)
2025-5-1

Document: a US Army report from April ranks Palantir's new $178M mobile battlefield intelligence-gathering vehicle and trailer among its top-performing programs (www.bloomberg.com)
2025-5-1 Mobile Intelligence

Uber launches a simpler UI for older adults, offering larger text, easy to find saved destinations, and fewer homescreen buttons; Lyft plans a similar update (www.bloomberg.com)
2025-5-1 Uber

Experts say China's hacking breakthroughs have become more secretive since laws began requiring researchers to report vulnerabilities to the government first (www.bloomberg.com)
2025-5-1 China

Google AdSense begins showing ads in conversations with AI chatbots; sources: Google tested the ads with some startups, including AI search apps iAsk and Liner (www.bloomberg.com)
2025-5-1 Google Startup AI chatbot

A US judge rules Apple violated a 2021 court order to open the App Store to outside payment options, and refers the case for a criminal contempt investigation (www.bloomberg.com)
2025-5-1 Apple

Qualcomm reports Q2 revenue up 17% YoY to $11B, vs. $10.6B est., handsets revenue up 12%, forecasts Q3 revenue slightly below est.; QCOM drops 5%+ after hours (www.bloomberg.com)
2025-5-1

Visa partners with Stripe's Bridge to help fintechs launch their own stablecoin-linked card programs in multiple countries at once, starting in Latin America (www.bloomberg.com)
2025-5-1 U.S. Latin America

Duolingo launches 148 new language courses developed with generative AI, doubling its offerings for non-English speakers within a year, as it aims for 1B+ users (www.bloomberg.com)
2025-5-1 AI

US v. Google: Sundar Pichai says the DOJ's proposal to share Google search data with rivals amounts to a “de facto” spinoff of Google's search engine and its IP (www.bloomberg.com)
2025-5-1 Google

Meta, Spotify, and Match launch the Coalition for a Competitive Mobile Experience, a lobbying coalition to take on Apple and Google over user age verification (www.bloomberg.com)
2025-5-1 Google Mobile Apple Spotify

Grindr rolls out A-List, powered by Claude Sonnet 3.7 and Amazon Bedrock, to curate “meaningful past connections, high-potential matches” and chat summaries (www.bloomberg.com)
2025-5-1 Amazon

Adyen reports Q1 net revenue up 22% YoY to €534.7M, below €539.6M est., and processed payment volume up 6% YoY to €314.8B, below est.; ADYEN drops ~5% (www.bloomberg.com)
2025-4-30

EA says it laid off staff and canceled “two early-stage incubation projects”; sources say EA cut 300 to 400 roles and its Respawn unit canceled a Titanfall game (www.bloomberg.com)
2025-4-30

Xiaomi unveils open-source AI reasoning model MiMo, joining other Chinese tech leaders hoping to make a splash in the burgeoning AI field endorsed by Beijing (www.bloomberg.com)
2025-4-30 China AI Xiaomi

Beauhurst: UK equity crowdfunding, once one of fintech's hottest trends, fell 58% from its 2021 peak to £335M in 2024, and dropped ~60% YoY in Q1 2025 to £42.6M (www.bloomberg.com)
2025-4-30 Fintech Equity Crowdfunding

TSMC has begun building a third fab in Arizona, announcing the third phase of its US expansion the same day Commerce Secretary Howard Lutnick toured TSMC's site (www.bloomberg.com)
2025-4-30

Sources: Apple shuffles its global affairs division, including management of teams for Europe, India, and China, and changes Apple Music's leadership structure (www.bloomberg.com)
2025-4-30 China Europe India Apple

Chipmaking equipment manufacturer ASM says orders in Q1 rose 14% YoY to €834M, vs. €808M est., but notes demand in non-AI-related segments was “sluggish” (www.bloomberg.com)
2025-4-30 AI

The UK government publishes draft legislation on cryptoassets, set to be finalized later in 2025, and says it will work with US officials on crypto regulation (www.bloomberg.com)
2025-4-30

Spotify reports Q1 revenue up 15% YoY to €4.2B, operating income of €509M, below its €548M forecast, Q2 MAUs forecast below analysts' estimates; SPOT drops 8%+ (www.bloomberg.com)
2025-4-30 Spotify

PayPal reports Q1 net revenue up 1% YoY to $7.8B, transaction margin dollars up 7% to $3.7B, above est., TPV up 3% to $417.2B, and active accounts up 2% to 436M (www.bloomberg.com)
2025-4-29

Washington state lawmakers pass new taxes amid a record budget deficit, targeting Amazon, Microsoft, and others to raise $9B+; Gov. Bob Ferguson can now sign (www.bloomberg.com)
2025-4-29 Amazon Microsoft Tax Budget

IBM says it plans to invest $150B in the US over the next five years to fuel the economy and to “accelerate its role as the global leader in computing” (www.bloomberg.com)
2025-4-28 IBM

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