Articles from www.bloomberg.com

Articles from www.bloomberg.com

How GOP figures from Stephen Miller to Elon Musk use lawsuits to silence many groups studying disinfo, like the Stanford Observatory, CCDH, Graphika, NewsGuard (www.bloomberg.com)
2024-10-29 Elon Musk Republican

OpenAI's CFO: ChatGPT has 250M weekly active users, converts free users to paid at a rate of 5% to 6%, and ~75% of OpenAI's revenue is from paying consumers (www.bloomberg.com)
2024-10-29

Armis, which provides risk management tools, raised $200M led by General Catalyst and Alkeon at a $4.2B valuation ahead of a 2026 IPO, and passed $200M in ARR (www.bloomberg.com)
2024-10-29 IPO

A profile of Italian private equity firm Bending Spoons, which bought WeTransfer, Evernote, and other distressed subscription apps, and plans to spend billions (www.bloomberg.com)
2024-10-28 Italy Equity Evernote

A profile of ex-eBay and HP CEO Meg Whitman, who became US ambassador to Kenya in late 2021, as the US seeks to counterbalance Chinese tech influence in Africa (www.bloomberg.com)
2024-10-28 China eBay Africa

Analysis of trade data: Mumbai-based Shreya Life Sciences exported 1,111 of Dell's advanced PowerEdge XE9680 servers, worth $300M+, to Russia in April to August (www.bloomberg.com)
2024-10-28 Russia

Hong Kong outlines an AI policy for finance and proposes an extension of a tax break on owning digital assets, as it seeks to become Asia's go-to financial hub (www.bloomberg.com)
2024-10-28 Hong Kong Tax Asia AI Asset

Indonesia bans the sale of iPhone 16 series, claiming that Apple has not fulfilled 40% local content requirements and has not met its investment commitments (www.bloomberg.com)
2024-10-28 iPhone Apple Indonesia

A closer look at M4 Macs coming this week; sources: Apple's home smart display will have an iMac G3-like base and a square screen the size of about two iPhones (www.bloomberg.com)
2024-10-28 Apple

Q&A with Arm CEO Rene Haas on AI transforming the world much faster than the internet, Arm's global operations and China's role, geopolitics, and more (www.bloomberg.com)
2024-10-27 China AI

At a TSMC event, founder Morris Chang said the company will soon face its “most severe” challenges in driving growth as free trade of semiconductors falters (www.bloomberg.com)
2024-10-27

The ramifications of a potential US crackdown against Tether, a noticeable player in the market for US debt, will extend beyond the digital asset industry (www.bloomberg.com)
2024-10-26 Asset

Chinese self-driving company WeRide's shares closed up 6.8% at $16.55, giving a market cap of ~$4.5B, after raising $440.5M in a US IPO and private placement (www.bloomberg.com)
2024-10-26 China IPO

Accel registers with the US SEC as an investment adviser to tap private markets, joining Sequoia, a16z, Bessemer, and other VC firms that made a similar move (www.bloomberg.com)
2024-10-26

Sources: Apple tested an app to help people with prediabetes manage their food intake and make lifestyle changes, as part of its push into blood-sugar features (www.bloomberg.com)
2024-10-26 Apple

The UK CMA opens a phase one merger probe into chip designer Synopsys' $35B takeover of 3D design software maker Ansys due to competition concerns (www.bloomberg.com)
2024-10-25

A US federal judge allows 150+ cases from school districts against Meta, Google, and Snap alleging their apps contributed to students' mental health crisis (www.bloomberg.com)
2024-10-25 Google

Identity verification service provider Socure agrees to acquire Effectiv, which helps businesses manage fraud prevention tools, for $136M in cash and equity (www.bloomberg.com)
2024-10-25 Equity

Source: TSMC's US division president said during a webinar that production yields in Arizona are 4 percentage points higher than at similar facilities in Taiwan (www.bloomberg.com)
2024-10-25 Taiwan

The UK CMA opens a formal probe into Google's Anthropic partnership, sets a December 19 deadline; Google planned to invest $2B in 2023 and signed a cloud deal (www.bloomberg.com)
2024-10-24 Google

Q&A with Vinod Khosla on Elon Musk, AI, climate tech, Harris and Trump, the US economy, tech regulation, Silicon Valley's Trump supporters, taxation, and more (www.bloomberg.com)
2024-10-24 Trump AI Elon Musk Climate

The EU's Court of Justice sides with Intel over a once-record €1.06B antitrust fine, ruling that regulators failed to prove it gave illegal rebates to PC makers (www.bloomberg.com)
2024-10-24 Intel

Crypto super PAC Fairshake, a rare bipartisan PAC, plans to deploy $40M+ in the final weeks of the 2024 US elections, after already deploying $140M (www.bloomberg.com)
2024-10-24

SK Hynix reports Q3 revenue up 94% YoY to a record ~$12.7B, vs. ~$13.2B expected, and operating profit of ~$5.1B, vs. ~$5B expected, on continued AI chip demand (www.bloomberg.com)
2024-10-24 AI

Roblox plans child-safety reforms, including a new type of account to let parents monitor their child's online activity and friends, starting in November (www.bloomberg.com)
2024-10-24

UK-based Wayve, which develops AI software for vehicles, starts testing its driver-assistance system in San Francisco and opens a new office in California (www.bloomberg.com)
2024-10-24 AI San Francisco California

Sources: Apple nears production of MacBook Airs with M4 for release in early 2025, slightly delays M4 Mac Studio, and plans new entry-level iPads for the spring (www.bloomberg.com)
2024-10-24 Apple MacBook

The US CFPB says Goldman Sachs and Apple will pay $89M following a long-running Apple Card investigation; Goldman must pay $64.8M and Apple must pay $25M (www.bloomberg.com)
2024-10-24 Apple Goldman

Infinitus, which uses AI to automate health care tasks, raised $51.5M led by a16z, a source says at a $600M+ valuation, taking its total funding to $102.9M (www.bloomberg.com)
2024-10-24 AI

China says Tim Cook said Apple would “continue to grow its investments in China” in a meeting with its top tech official, during his second visit in 2024 (www.bloomberg.com)
2024-10-23 China Apple Tim Cook

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