Articles from www.bloomberg.com

Articles from www.bloomberg.com

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

German defense startup ARX Robotics, which makes self-driving, modular battlefield robots, raised €31M led by HV Capital and plans to build a plant in England (www.bloomberg.com)
2025-4-28 Germany Startup Robot

Huawei's recovery shows the limits of US policies aimed at restricting China, and how those policies can backfire, spurring Chinese firms to innovate and grow (www.bloomberg.com)
2025-4-28 China

While Apple's iPhone manufacturing in India matches China in quality, making the extraordinarily complex 20th anniversary iPhones outside China remains doubtful (www.bloomberg.com)
2025-4-28 China India iPhone Apple Manufacturing

A look at the rise of “pure play” bitcoin companies like Twenty One, as the stock market pays far more for crypto exposure than the crypto market itself (www.bloomberg.com)
2025-4-27 Bitcoin

Bitcoin miners' earnings power and stocks have diverged from the asset they help produce, as the hashrate languishes amid technical and macroeconomic headwinds (www.bloomberg.com)
2025-4-27 Bitcoin Asset

At a major Hong Kong electronics exhibition, some Chinese companies say they are exploring ways to lower or skirt tariffs while others plan to wait them out (www.bloomberg.com)
2025-4-27 China Hong Kong

US v. Google: Chrome General Manager Parisa Tabriz testified that only Google can run Chrome, given the browser's “interdependencies” on other parts of Google (www.bloomberg.com)
2025-4-27 Google Browser Chrome

A profile of Saudi billionaire investor Prince Alwaleed, who, along with his investment firm Kingdom Holding, is the second-biggest shareholder in XAI Holdings (www.bloomberg.com)
2025-4-26

NetEase has lost at least three senior executives in recent months, as CEO William Ding pulls back on investments and cuts jobs in a bid to boost profits (www.bloomberg.com)
2025-4-26

A US DOJ official says Tyler Buchanan, a 23-year-old from Scotland, and an alleged Scattered Spider cybercrime group member, was extradited from Spain to the US (www.bloomberg.com)
2025-4-26 Spain

Sources: XAI Holdings, the newly combined entity housing xAI and X, is in talks to raise roughly $20B, or possibly more, valuing the company at more than $120B (www.bloomberg.com)
2025-4-26 Real Estate

Sources: Microsoft plans to increase the use of third-party firms for selling software to SMBs; in-house sellers will get more training and focus on AI products (www.bloomberg.com)
2025-4-26 Microsoft AI

Sources: Chinese AI startup Manus raised $75M led by Benchmark at a $500M valuation, and plans to expand to markets including the US, Japan, and the Middle East (www.bloomberg.com)
2025-4-26 China Japan Startup AI

The US SEC Chairman says the agency has ample authority to oversee digital assets as Congress debates if SEC or the CFTC should be the primary crypto regulator (www.bloomberg.com)
2025-4-26 Asset CFTC

US v. Google: a Yahoo executive estimates that a bid for Chrome would cost tens of billions of dollars, and says Yahoo “would be able to pursue it with Apollo” (www.bloomberg.com)
2025-4-26 Google Chrome Yahoo

Baidu rolls out Ernie 4.5 Turbo and X1 Turbo, new versions of its flagship foundation and reasoning models, as it looks to take on Alibaba's Qwen and DeepSeek (www.bloomberg.com)
2025-4-26 Alibaba

Sources: the US is conducting a criminal antitrust probe into TP-Link's pricing strategies and whether the router maker represents a national security threat (www.bloomberg.com)
2025-4-26

Source: Alphabet's Q1 profit was boosted by $8B in unrealized gains from an investment in SpaceX; Alphabet has been a major SpaceX investor since at least 2015 (www.bloomberg.com)
2025-4-26 Alphabet SpaceX

JD.com's costly bid to challenge Meituan in food delivery, while the latter enters the e-commerce space, has led to a loss of ~$70B in combined market value (www.bloomberg.com)
2025-4-26

Sources: Tencent Music is in advanced talks to buy Chinese podcasting startup Ximalaya in a $2.4B deal (www.bloomberg.com)
2025-4-26 China Startup Tencent

Docs: X's data licensing and subscriptions revenue grew 32% YoY to $91M in February, ad revenue grew 4% YoY to $146M; Twitter had $4.5B in ad revenue in 2021 (www.bloomberg.com)
2025-4-26 Twitter

Sources: the US pushed back against EU's AI code of practice; the code is voluntary, still being finalized, and aims to help companies comply with the AI Act (www.bloomberg.com)
2025-4-26 AI

Meta lays off Reality Labs staffers, affecting Oculus Studios teams; sources: 100+ staff are affected, including those involved in Meta's hardware efforts (www.bloomberg.com)
2025-4-25

Sources: Adam Neumann's real estate startup Flow raised more than $100M from investors including a16z in a round that more than doubles its valuation to ~$2.5B (www.bloomberg.com)
2025-4-25 Startup

Sources: Apple plans to relocate its secret robotics team from John Giannandrea's AI unit and place it under SVP John Ternus, who oversees hardware engineering (www.bloomberg.com)
2025-4-25 AI Apple Robot

US v. Google: DuckDuckGo CEO Gabriel Weinberg testifies that Chrome is worth “upwards of $50B if it went on the market” based on “back-of-the-envelope” math (www.bloomberg.com)
2025-4-24 Google Chrome Mathematics

A look at the collapse of Stenn, an invoice financing startup that got major banks to unwittingly fund millions in suspect payments and was last valued at $900M (www.bloomberg.com)
2025-4-24 Startup

Hackers have been using hijacked online brokerage accounts in Japan to drive up penny stocks globally in an illicit $700M trading spree since February 2025 (www.bloomberg.com)
2025-4-24 Japan

Trump signs an EO to boost AI education and workforce training, and establishes an AI education task force led by White House OSTP Director Michael Kratsios (www.bloomberg.com)
2025-4-24 Trump AI Education

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