Articles from www.bloomberg.com

Articles from www.bloomberg.com

White House document: the US will tax imports of items priced up to $800 at the rate of 90% of their value, up from a planned 30%, targeting Chinese retailers (www.bloomberg.com)
2025-4-9 China Tax

PitchBook: despite a friendlier regulatory environment, crypto VC investments in the US fell 22% QoQ to ~$1.3B in Q1 2025, but rose slightly YoY from $1.1B (www.bloomberg.com)
2025-4-9

Sources: hackers intercepted ~100 bank regulators' emails, 150K+ in total, for over a year at the US Treasury's OCC, which disclosed a breach on February 26 (www.bloomberg.com)
2025-4-9

Toronto-based Tailscale, which helps set up corporate VPNs, raised $160M led by Accel, a source says at a $1.5B valuation, up from $1B in May 2022 (www.bloomberg.com)
2025-4-8 Toronto

Interviews with 40 sources describe concerns about Helsing, Europe's most valuable defense tech startup, including whether it can live up to its €5B valuation (www.bloomberg.com)
2025-4-8 Europe Startup

Samsung reports Q1 revenue up ~10% YoY to ~$53.4B and operating profit flat YoY at ~$4.5B, above ~$3.8B est., boosted by Galaxy S25 and legacy DRAM sales (www.bloomberg.com)
2025-4-8 Samsung

Sources: Beijing opposes fast-fashion giant Shein's plans to move some production out of China, as it seeks to stave off a manufacturing exodus after US tariffs (www.bloomberg.com)
2025-4-8 China Manufacturing

A look at Inkitt, a publishing platform that uses AI to create sequels and spinoffs of authors' original work with minimal human input, raising quality concerns (www.bloomberg.com)
2025-4-8 AI

Apple Store employees say the past few days have felt like the busy holiday season, as the threat of tariffs and potential price hikes sparked a shopping frenzy (www.bloomberg.com)
2025-4-8 Apple

Publishers say traffic to their sites has plummeted since Google rolled out AI Overviews; sources: Google acknowledged the drop in a meeting with publishers (www.bloomberg.com)
2025-4-8 Google AI

Apple Store employees say the past few days have felt like holiday season, as the threat of tariffs and potential price hikes sparked a shopping frenzy (www.bloomberg.com)
2025-4-8 Apple

Miami-based remittance startup Felix Pago, which uses stablecoins and handled $1B+ in money transfers via WhatsApp in 2024, raised a $75M Series B led by QED (www.bloomberg.com)
2025-4-8 Startup WhatsApp

SignalFire raised a $1B+ fund to bet on early-stage AI startups, taking its AUM to $3B, and plans to use AI to spot market trends to help portfolio companies (www.bloomberg.com)
2025-4-7 Startup AI

Source: AI coding startup Cursor, which has helped permeate “vibe coding”, hit 1M+ DAUs in March 2025, driven largely by word-of-mouth growth (www.bloomberg.com)
2025-4-7 Startup AI

Nintendo and Sony fell by 10%+ on April 7 amid a widespread selloff in Japan exacerbated by US tariffs; most Switch hardware is assembled in China and Vietnam (www.bloomberg.com)
2025-4-7 China Japan Nintendo Sony Vietnam

How Apple may adjust to the US tariffs; sources say the iPhone 17 Pro's camera panel will span the width of the phone and will be the same color as the device (www.bloomberg.com)
2025-4-7 iPhone Apple

Sources: Apple is keeping TikTok and other ByteDance apps on its US App Store for at least another 75 days, following assurances from AG Pam Bondi (www.bloomberg.com)
2025-4-7 Apple

How Apple may adjust to the US tariffs; sources: the iPhone 17 Pro's camera panel will span the width of the phone and will be the same color as the device (www.bloomberg.com)
2025-4-7 iPhone Apple

Miami-based Felix Pago, which uses stablecoins for cross-border remittances and handled $1B+ of transfers via WhatsApp in 2024, raised $75M Series B led by QED (www.bloomberg.com)
2025-4-6 WhatsApp

Analysis: tech companies have pledged at least $1.4T in US spending since Trump was elected, although many of the plans aren't new and not all will be fulfilled (www.bloomberg.com)
2025-4-5 Trump

Sources: Meta is ramping up work on its first glasses with a display, codenamed Hypernova, which it could debut as early as the end of 2025 for $1,000 to $1,400 (www.bloomberg.com)
2025-4-5

Sources: StubHub, Klarna, eToro, and adtech group MNTN have paused their IPO plans as President Trump's trade war upends the global economy (www.bloomberg.com)
2025-4-5 Trump IPO

Redpanda, which offers companies AI-powered data analytics tools, raised a $100M Series D led by GV, with participation from Lightspeed, at a $1B valuation (www.bloomberg.com)
2025-4-4 AI

President Trump reiterates he's open to tariff relief for China if it approves the sale of TikTok's US operations; the app faces an April 5 divestment deadline (www.bloomberg.com)
2025-4-4 Trump China

Sources: Oracle told some clients this week that hackers stole old login credentials, the second breach that Oracle acknowledged to clients in the past month (www.bloomberg.com)
2025-4-4 Oracle

President Trump's tariffs are set to disrupt the Bitcoin mining sector, as many of the largest miners are based in the US and the supply chain is rooted in Asia (www.bloomberg.com)
2025-4-4 Trump Bitcoin Asia

AI video startup Runway raised $308M led by General Atlantic, sources say at a $3B+ valuation, and plans to hire more filmmakers, screenwriters, and others (www.bloomberg.com)
2025-4-4 Startup AI

Sources: Ireland's DPC will fine TikTok €500M+ before the end of April for illegally shipping European users' data to China, after a lengthy GDPR investigation (www.bloomberg.com)
2025-4-3 China Europe Ireland GDPR

Sources: Microsoft has halted talks for, or delayed development of, data center projects in Indonesia, the UK, Australia, Illinois, North Dakota, and Wisconsin (www.bloomberg.com)
2025-4-3 Australia Microsoft Indonesia

President Trump's tariffs are set to disrupt the Bitcoin mining sector, with many of the largest miners based in the US and the supply chain rooted in Asia (www.bloomberg.com)
2025-4-3 Trump Bitcoin Asia

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