Articles from www.bloomberg.com

Articles from www.bloomberg.com

CleanSpark shares jump 12%+ after the bitcoin miner expands into AI infrastructure, hiring Humain's president Jeffrey Thomas as SVP of AI data centers (www.bloomberg.com)
10 days ago Bitcoin AI

Nexperia accuses ousted CEO Zhang Xuezheng of spreading “falsehoods” that the chipmaker is now operating independently in China and of “unauthorized actions” (www.bloomberg.com)
11 days ago China

Counterpoint: iPhone 17 series outsold iPhone 16 by ~14% in the first 10 days of sales in the US and China; base iPhone 17 sales doubled over iPhone 16 in China (www.bloomberg.com)
11 days ago China iPhone

China says the NSA has been hacking its National Time Service Center, which provides high precision time services for the government and others, since 2023 (www.bloomberg.com)
11 days ago China

How Robinhood is expanding beyond commission-free trading into retirement accounts, tokenized equities, and sports betting, with some 27M people using its app (www.bloomberg.com)
12 days ago Equity

Shares of bitcoin mining companies pivoting to AI and HPC infrastructure have soared in 2025, with a fund tracking mining firms up 150% year-to-date (www.bloomberg.com)
12 days ago Bitcoin AI

Inside Hyperliquid, a booming DEX for perpetual crypto futures still controlled by a small insider group, raising questions about how decentralized it really is (www.bloomberg.com)
13 days ago Decentralize

Mexico-based fintech Plata, approved for a banking license in December 2024, raised $250M at a $3.1B valuation, as it seeks to transition to a full-fledged bank (www.bloomberg.com)
13 days ago Mexico Fintech

Sources: Li Lin, founder of crypto exchange Huobi, and some of Asia's earliest Ethereum backers have raised ~$1B to launch a digital asset trust to buy Ether (www.bloomberg.com)
13 days ago Asia Asset Ethereum

Sources: Suno is in talks to raise $100M+ at a $2B+ valuation, quadrupling its previous valuation; it raised $125M in 2024 and is generating $100M+ in ARR (www.bloomberg.com)
13 days ago

Sources: Revolut is nearing the completion of a $3B fundraising round that values the company at $75B, up from $45B in a 2024 secondary share sale (www.bloomberg.com)
13 days ago

Sources: French regulator ACPR is carrying out anti-money laundering checks on Binance and others, as it seeks to determine eligibility for EU MiCA licenses (www.bloomberg.com)
14 days ago France

Sources: Samsung to showcase its trifold phone at this month's APEC summit; attendees won't be allowed to touch it, as it's expected to be displayed under glass (www.bloomberg.com)
14 days ago Samsung APEC

Source: OpenAI expects to spend 20% to 30% less on AI chips co-developed with Broadcom than on chips from Nvidia, which is notoriously backlogged on GPU orders (www.bloomberg.com)
14 days ago AI Nvidia

Sources: Nintendo has asked manufacturers to produce as many as 25M Switch 2 units by the end of March 2026, surpassing analysts' estimates of 17.6M (www.bloomberg.com)
14 days ago Nintendo

Sources: Meta is set to seal an almost $30B financing package for its Louisiana data center; Meta will retain 20% ownership in the Hyperion data center site (www.bloomberg.com)
14 days ago

Sources: CME Group plans to debut financial contracts tied to sports games and economic indicators by the end of 2025, including through its FanDuel partnership (www.bloomberg.com)
14 days ago

Sources: Apple readies a slimmer M6 MacBook Pro featuring an OLED touch display with a hole-punch design replacing the notch, for late 2026 or early 2027 (www.bloomberg.com)
14 days ago Apple MacBook

Uber plans to launch data labelling tasks in the US for some drivers to earn extra money, appearing under “digital tasks” in the driver app, later this fall (www.bloomberg.com)
14 days ago Uber

TSMC reports Q3 net profit up 39% YoY to $14.8B, above est., and raises its 2025 revenue growth projection to the mid-30% range, signaling strong AI chip demand (www.bloomberg.com)
15 days ago AI

Sources: a ransomware attack is disrupting US state and local borrowers' ability to post debt documents on the $4.3T municipal bond market's MuniOS platform (www.bloomberg.com)
15 days ago

Court hearing: UK prosecutors aim to confiscate ~$6.8B in bitcoin tied to a massive 2017 fraud in China and to pay back Chinese investors that were its victims (www.bloomberg.com)
15 days ago China Bitcoin

Bengaluru-based quick grocery delivery startup Zepto raised $450M from Goodwater, General Catalyst, and others at a $7B valuation, as it prepares for an IPO (www.bloomberg.com)
15 days ago IPO Startup

Japanese chip material maker Tekscend rose 13% on its Tokyo debut after raising $1B in its IPO; Tekscend makes photomasks to transfer tiny circuits onto wafers (www.bloomberg.com)
15 days ago Japan IPO Tokyo

Kraken acquires Small Exchange, a US-licensed futures exchange, from the IG Group, for $32.5M in cash and $67.5M in Kraken parent's Payward stock (www.bloomberg.com)
15 days ago

A look at efforts in Sweden to make its banking systems and payment networks resilient to hybrid warfare attacks; 90% of Sweden's transactions are digital (www.bloomberg.com)
15 days ago Sweden

TSMC reports Q3 net profit up 39% YoY to ~$14.8B, beating est., after previously reporting a 30% rise in revenue, the latest sign of robust spending on AI chips (www.bloomberg.com)
15 days ago AI

Nvidia partners with startup Firmus on Project Southgate, a $2.9B initial undertaking to build renewable energy-powered AI data centers across Australia (www.bloomberg.com)
15 days ago Australia Energy Startup AI Nvidia Renewable

Huawei's key partners SiCarrier and Qiyunfang showcased chipmaking gear and EDA software at a Shenzhen expo; SiCarrier's gear competes with older US products (www.bloomberg.com)
15 days ago Shenzhen

Sources: F5's breach is blamed on China, whose hackers had infiltrated F5's network for at least 12 months using the Brickstorm malware to steal source code (www.bloomberg.com)
15 days ago China

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