Articles from www.bloomberg.com

Articles from www.bloomberg.com

Google begins showing AdSense ads in conversations with AI chatbots; sources say Google tested the ads in 2024 with startups, like AI search apps iAsk and Liner (www.bloomberg.com)
2025-5-2 Google Startup AI chatbot

Instacart reports Q1 revenue up 9% YoY to $897M and gross transaction volume up 10% to $9.1B, and forecasts Q2 revenue above est.; CART jumps 5%+ after hours (www.bloomberg.com)
2025-5-2

LinkedIn will share ad revenue with creators for the first time, starting with 30 B2B creators, and says users now watch 36% more video content than a year ago (www.bloomberg.com)
2025-5-2 LinkedIn

Sources: the US is weighing a potential easing of restrictions on Nvidia chip sales to the UAE as Trump plans a visit to the country; NVDA jumps 4%+ (www.bloomberg.com)
2025-5-2 Trump Nvidia

Sources: Ripple proposed acquiring Circle for $4B to $5B, which was rejected as too low, and remains interested but hasn't decided whether to make another offer (www.bloomberg.com)
2025-5-2

Roblox reports Q1 revenue up 29% YoY to ~$1B, Bookings up 31% YoY to ~$1.2B, above $1.11B est., and DAUs up 26% YoY to 97.8M, above 93.3M est.; RBLX jumps 8%+ (www.bloomberg.com)
2025-5-1

Document: a US Army report from April ranks Palantir's new $178M mobile battlefield intelligence-gathering vehicle and trailer among its top-performing programs (www.bloomberg.com)
2025-5-1 Mobile Intelligence

Uber launches a simpler UI for older adults, offering larger text, easy to find saved destinations, and fewer homescreen buttons; Lyft plans a similar update (www.bloomberg.com)
2025-5-1 Uber

Experts say China's hacking breakthroughs have become more secretive since laws began requiring researchers to report vulnerabilities to the government first (www.bloomberg.com)
2025-5-1 China

Google AdSense begins showing ads in conversations with AI chatbots; sources: Google tested the ads with some startups, including AI search apps iAsk and Liner (www.bloomberg.com)
2025-5-1 Google Startup AI chatbot

A US judge rules Apple violated a 2021 court order to open the App Store to outside payment options, and refers the case for a criminal contempt investigation (www.bloomberg.com)
2025-5-1 Apple

Qualcomm reports Q2 revenue up 17% YoY to $11B, vs. $10.6B est., handsets revenue up 12%, forecasts Q3 revenue slightly below est.; QCOM drops 5%+ after hours (www.bloomberg.com)
2025-5-1

Visa partners with Stripe's Bridge to help fintechs launch their own stablecoin-linked card programs in multiple countries at once, starting in Latin America (www.bloomberg.com)
2025-5-1 U.S. Latin America

Duolingo launches 148 new language courses developed with generative AI, doubling its offerings for non-English speakers within a year, as it aims for 1B+ users (www.bloomberg.com)
2025-5-1 AI

US v. Google: Sundar Pichai says the DOJ's proposal to share Google search data with rivals amounts to a “de facto” spinoff of Google's search engine and its IP (www.bloomberg.com)
2025-5-1 Google

Meta, Spotify, and Match launch the Coalition for a Competitive Mobile Experience, a lobbying coalition to take on Apple and Google over user age verification (www.bloomberg.com)
2025-5-1 Google Mobile Apple Spotify

Grindr rolls out A-List, powered by Claude Sonnet 3.7 and Amazon Bedrock, to curate “meaningful past connections, high-potential matches” and chat summaries (www.bloomberg.com)
2025-5-1 Amazon

Adyen reports Q1 net revenue up 22% YoY to €534.7M, below €539.6M est., and processed payment volume up 6% YoY to €314.8B, below est.; ADYEN drops ~5% (www.bloomberg.com)
2025-4-30

EA says it laid off staff and canceled “two early-stage incubation projects”; sources say EA cut 300 to 400 roles and its Respawn unit canceled a Titanfall game (www.bloomberg.com)
2025-4-30

Xiaomi unveils open-source AI reasoning model MiMo, joining other Chinese tech leaders hoping to make a splash in the burgeoning AI field endorsed by Beijing (www.bloomberg.com)
2025-4-30 China AI Xiaomi

Beauhurst: UK equity crowdfunding, once one of fintech's hottest trends, fell 58% from its 2021 peak to £335M in 2024, and dropped ~60% YoY in Q1 2025 to £42.6M (www.bloomberg.com)
2025-4-30 Fintech Equity Crowdfunding

TSMC has begun building a third fab in Arizona, announcing the third phase of its US expansion the same day Commerce Secretary Howard Lutnick toured TSMC's site (www.bloomberg.com)
2025-4-30

Sources: Apple shuffles its global affairs division, including management of teams for Europe, India, and China, and changes Apple Music's leadership structure (www.bloomberg.com)
2025-4-30 China Europe India Apple

Chipmaking equipment manufacturer ASM says orders in Q1 rose 14% YoY to €834M, vs. €808M est., but notes demand in non-AI-related segments was “sluggish” (www.bloomberg.com)
2025-4-30 AI

The UK government publishes draft legislation on cryptoassets, set to be finalized later in 2025, and says it will work with US officials on crypto regulation (www.bloomberg.com)
2025-4-30

Spotify reports Q1 revenue up 15% YoY to €4.2B, operating income of €509M, below its €548M forecast, Q2 MAUs forecast below analysts' estimates; SPOT drops 8%+ (www.bloomberg.com)
2025-4-30 Spotify

PayPal reports Q1 net revenue up 1% YoY to $7.8B, transaction margin dollars up 7% to $3.7B, above est., TPV up 3% to $417.2B, and active accounts up 2% to 436M (www.bloomberg.com)
2025-4-29

Washington state lawmakers pass new taxes amid a record budget deficit, targeting Amazon, Microsoft, and others to raise $9B+; Gov. Bob Ferguson can now sign (www.bloomberg.com)
2025-4-29 Amazon Microsoft Tax Budget

IBM says it plans to invest $150B in the US over the next five years to fuel the economy and to “accelerate its role as the global leader in computing” (www.bloomberg.com)
2025-4-28 IBM

German defense startup ARX Robotics, which makes self-driving, modular battlefield robots, raised €31M led by HV Capital and plans to build a plant in England (www.bloomberg.com)
2025-4-28 Germany Startup Robot

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