Articles from www.bloomberg.com

Articles from www.bloomberg.com

Zoom reports Q2 revenue up 4.9% YoY to $1.28B, vs. $1.27B est., enterprise revenue up 7.8% to $787.5M, and forecasts Q3 adjusted EPS below estimates (www.bloomberg.com)
4 days ago

An ex-Meta staffer testified that less than 1% of teens used Instagram's opt-in “Take a Break” tool when it launched; the feature is now on by default for teens (www.bloomberg.com)
4 days ago Instagram

Uber launches an optional safety feature allowing parents or guardians to watch a livestream of their teen's ride via the driver's front-facing phone camera (www.bloomberg.com)
4 days ago Uber

Tel Aviv and NYC-based Alice, which works to protect AI models from misuse and rogue behavior, raised $140M led by Apax Digital at a valuation “close to $1B” (www.bloomberg.com)
4 days ago AI

Waymo plans to offer ride-hailing services in Germany, starting with Munich, by the end of 2027, marking its third international market and the first in the EU (www.bloomberg.com)
5 days ago Germany Munich

Qustodio: 26% of Australian children aged 13 to 15 were on TikTok in July, just one percentage point below pre-ban levels, and 10-to-12-year-olds' usage is up (www.bloomberg.com)
5 days ago Australia Ban

UK filings: OnlyFans parent Fenix paid late owner Leonid Radvinsky $709M in the months leading up to his death in March; FY 2025 revenue rose 10% YoY to $1.55B (www.bloomberg.com)
5 days ago

Sources: Nvidia-backed neocloud Lambda is in talks to raise up to $3B at a $12B+ valuation; its revenue this year is estimated to reach $1.5B+ (www.bloomberg.com)
5 days ago Nvidia

Sources: Apple is about to launch a new Mac mini, potentially before its September iPhone event; Apple has tested versions with M5 and M6 (www.bloomberg.com)
5 days ago iPhone Apple

Researchers detail the growing use of AI in cyberattacks across many Chinese state-linked groups, primarily using open-weight models like Kimi K3 and DeepSeek (www.bloomberg.com)
5 days ago China AI

Sources: smart ring maker Oura and some of its backers seek to raise up to $3B in a US IPO that could take place as soon as September and value it at over $16B (www.bloomberg.com)
5 days ago IPO

The Trump administration proposes a new $103,265 fee on H-1B applicants hired within the US after a court blocked a fee on workers from outside the country (www.bloomberg.com)
5 days ago Trump H1B

UK's Office for National Statistics: UK digital infrastructure investment crossed £11B in 2025, hitting dot-com boom levels, amid an AI data center surge (www.bloomberg.com)
5 days ago AI

Sources: ByteDance is merging coding platform Trae and agent-building tool Coze into Doubao, and plans to launch Doubao Work to compete with Tencent's WorkBuddy (www.bloomberg.com)
6 days ago Tencent

Xiaomi launches the Xring O3, a 3nm SoC for its mobile devices, as the company seeks to reduce reliance on longtime suppliers Qualcomm and MediaTek (www.bloomberg.com)
6 days ago Mobile Xiaomi

US business schools are racing to prepare students to become chief AI officers, even as companies are still figuring out what the newest C-suite role entails (www.bloomberg.com)
6 days ago AI

Global central banks are pushing CBDCs to defend monetary sovereignty against USD stablecoins, but are struggling to find demand for the digital currencies (www.bloomberg.com)
6 days ago Monetary Central Bank

New Zealand plans a bill to ban social media for under-16s, requiring “high risk” platforms to check user ages or face penalties of up to 10% of global revenue (www.bloomberg.com)
6 days ago New Zealand Ban

Sources: Shein voluntarily sought the US Treasury's CFIUS national security review of its $80M deal to buy US clothing retailer Everlane, an unusual move (www.bloomberg.com)
6 days ago

SoftBank plans a $6.3B retail bond sale, a record for any Japanese issuer and its third this year, as the conglomerate raises funds for its OpenAI commitments (www.bloomberg.com)
6 days ago Japan Retail

Filing: Shein will debut on the Hong Kong exchange on Sept. 1, seeking up to $1.8B in its IPO with Goldman Sachs, Morgan Stanley, and JPMorgan as joint sponsors (www.bloomberg.com)
6 days ago Hong Kong IPO Morgan Stanley JPMorgan Goldman

Sources: foldable iPhone feels durable, fits well in a pocket, has useful iPad-like app layouts, excels as a camera viewfinder but lacks telephoto and Face ID (www.bloomberg.com)
6 days ago iPhone Face ID iPad

Sources: some of Nvidia's top customers have been told that prices will jump 15%+ on systems, including Vera Rubin and Grace Blackwell, starting in early 2027 (www.bloomberg.com)
7 days ago Nvidia

Apparel retailers like Zalando, Zara, and ASOS are betting on AI virtual fitting rooms to create a better online shopping experience and cut costly returns (www.bloomberg.com)
7 days ago AI

A look at the narrowing US-China AI gap, as a spate of compelling, low-cost releases makes Chinese AI models increasingly attractive to businesses (www.bloomberg.com)
7 days ago China AI

Anthropic hires Amir Salek, who ran Google's TPU business until 2022, to join its compute team as part of a push to develop its own chips (www.bloomberg.com)
8 days ago Google

Sources: Apple is cutting 200+ jobs, including ~100 positions from the Vision Pro unit and another 100 from the Siri team, as it focuses on new devices and AI (www.bloomberg.com)
8 days ago AI Apple

Sources: London-based AI infrastructure startup Nscale is seeking to raise as much as $3B in its US IPO, which could take place as soon as September (www.bloomberg.com)
8 days ago IPO Startup AI London

DeepSeek unveils an experimental version of its V4 Flash model that can understand visual prompts, saying it nears the performance of Anthropic's Opus 4.8 (www.bloomberg.com)
9 days ago

Sources: Nvidia is in early talks with South Korean AI chip maker Rebellions for a potential deal, including a partnership, an investment, or an acquisition (www.bloomberg.com)
9 days ago Korea AI Nvidia

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