Articles from www.bloomberg.com

Articles from www.bloomberg.com

Sources: Pony AI plans to raise $863M in its November 6 Hong Kong IPO by selling 48.3M shares at ~$17.88 each, below its October 31 Nasdaq close at $18.68 (www.bloomberg.com)
2025-11-3 Hong Kong IPO AI

Microsoft's AI tools still lag behind OpenAI's, as Microsoft struggles to create a cohesive AI experience and add new features by integrating OpenAI models (www.bloomberg.com)
2025-11-2 Microsoft AI

The White House says China has agreed to effectively end rare earth export controls issued in 2025 and 2022, and will also close probes of US chip companies (www.bloomberg.com)
2025-11-2 China

Turkish state media reports that Faruk Fatih Ozer, the former CEO of failed crypto exchange Thodex, has been found dead in his prison cell (www.bloomberg.com)
2025-11-2

Singapore seizes more than $115M in assets linked to Cambodia's Prince Group, which the US and UK accuse of stealing billions of dollars via online scam centers (www.bloomberg.com)
2025-11-1 Singapore Asset Cambodia

Vista Equity Partners buys a majority stake in Nexthink, which uses AI to let businesses track employees' device and app performance, valuing Nexthink at $3B (www.bloomberg.com)
2025-11-1 AI Equity

NEC to buy US-listed CSG, a SaaS provider of customer care and billing services for telcos and other companies, for ~$2.9B in a deal expected to close in 2026 (www.bloomberg.com)
2025-11-1 SaaS

Tech companies, including Meta and xAI, are using SPVs to raise tens of billions for AI data centers, letting them keep the debt off their balance sheets (www.bloomberg.com)
2025-11-1 AI

Sources: Coinbase is in late stage talks to buy stablecoin infra startup BVNK in a ~$2B deal; Coinbase expects to close the deal later this year or early 2026 (www.bloomberg.com)
2025-11-1 Startup Coinbase

In its Q3 earnings, Alphabet said the profit included “net gains on equity securities of $10.7B,” in part from a private company, which sources say is Anthropic (www.bloomberg.com)
2025-11-1 Equity Alphabet

Brian Armstrong deliberately used certain words during Coinbase's Q3 call to sway $84,000 in bets on Kalshi and Polymarket over which terms would be mentioned (www.bloomberg.com)
2025-11-1 Coinbase

Corporate travel and expense management software maker Navan's shares fell 20% to $20, valuing it at $5B, after raising $923.1M in its IPO at a $6.2B market cap (www.bloomberg.com)
2025-10-31 IPO

Coinbase reports Q3 revenue up 55% YoY to $1.9B, vs. $1.8B est., net income up 473% to $433M, and trading volume up 59% to $295B (www.bloomberg.com)
2025-10-31 Coinbase

Sources: Intel is in early-stage talks to acquire AI chip startup SambaNova, with a deal likely valuing SambaNova below its $5B valuation in 2021 (www.bloomberg.com)
2025-10-31 Intel Startup AI

Sources: Nvidia plans to invest $500M to $1B in AI coding startup Poolside, which is in discussions to raise $2B at a $12B valuation (www.bloomberg.com)
2025-10-31 Startup AI Nvidia

Sources: Meta has received record orders of about $125B for a corporate bond sale expected to be at least $25B in size (www.bloomberg.com)
2025-10-31

Core Scientific shareholders vote to reject a $9B takeover bid by CoreWeave that proxy advisers said undervalued the data center company (www.bloomberg.com)
2025-10-31

Roblox reports Q3 revenue up 48% YoY to $1.36B, DAUs up 70% YoY to 151.5M, above 132.3M est., and bookings up 70% YoY to $1.9B, above $1.7B est. (www.bloomberg.com)
2025-10-30

Netflix, Anthropic, and others are paying researchers up to $25K to find and report flaws; HackerOne paid a record $81M in rewards in the past year, up 13% YoY (www.bloomberg.com)
2025-10-30 Netflix

China's Commerce Ministry says it will work with the US to resolve issues related to TikTok, stopping short of saying it agreed to a deal touted by Trump (www.bloomberg.com)
2025-10-30 Trump China

President Trump says he and Xi Jinping discussed Nvidia and other chipmakers' access to China, and that they didn't discuss approving sales of Blackwell chips (www.bloomberg.com)
2025-10-30 Trump China Nvidia

Elon Musk's lawyer pledges to fight OpenAI's for-profit restructuring and says California's and Delaware's AGs “cannot sanitize OpenAI's unlawful conduct” (www.bloomberg.com)
2025-10-30 Elon Musk California

Corporate travel and expense management software maker Navan and its shareholders raised $923.1M in a US IPO priced at $25/share, giving it a $6.2B market cap (www.bloomberg.com)
2025-10-30 IPO

LatAm e-commerce giant MercadoLibre reports Q3 revenue up 39% YoY to $7.4B, vs. $7.2B est., a $421M net income, vs. $489M est., and 77M unique buyers, up 26% (www.bloomberg.com)
2025-10-30

eBay reports Q3 revenue up 9% YoY to $2.82B, vs. $2.73B est., GMV up 10% to $20.1B, and forecasts Q4 profit below estimates; EBAY drops 6%+ after hours (www.bloomberg.com)
2025-10-30 eBay 4Q

Amazon's $100 Echo Dot Max and $220 Echo Studio review: the devices run Alexa+, which works well, and have good audio quality, but the Studio is underwhelming (www.bloomberg.com)
2025-10-30 Amazon

PitchBook: Nvidia invested in 59 AI startups in 2025 so far, including 10 in the past two months, surpassing 55 investments in 2024 and 12 investments in 2022 (www.bloomberg.com)
2025-10-29 Startup AI Nvidia

Etsy appoints Chief Growth Officer Kruti Patel Goyal as its new CEO, starting January 1, 2026, replacing Josh Silverman after eight years in the role (www.bloomberg.com)
2025-10-29

Jensen Huang says the US needs “finesse” to maintain its AI lead over China and Nvidia is an “awkward place” as President Trump meets Xi Jinping later this week (www.bloomberg.com)
2025-10-29 Trump China AI Nvidia

Internal memo: Amazon makes “significant role reductions” to its game division and will cut down on big budget titles, as it focuses on Luna and casual games (www.bloomberg.com)
2025-10-29 Amazon Budget

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