Articles from www.bloomberg.com

Articles from www.bloomberg.com

Texas enacts an online child-safety bill requiring app stores verify users' ages and secure parental approval before minors can get most apps or make IAPs (www.bloomberg.com)
20 days ago Texas

A Qualcomm-funded report says Android phones with Qualcomm modems priced similarly to the iPhone 16e with a C1 modem downloaded 5G data up to 35% faster in NYC (www.bloomberg.com)
20 days ago Android iPhone 5G

Trump Media & Technology Group plans to sell ~$1.5B in stock and $1B in 0% convertible notes to buy bitcoin for its treasury, following Strategy's model (www.bloomberg.com)
21 days ago Trump Bitcoin

Salesforce agrees to acquire cloud data management company Informatica for ~$8B, set to close in its FY 2027, one year after an earlier deal fell through (www.bloomberg.com)
21 days ago Salesforce

Temu-owner PDD reports Q1 revenue up 10% YoY to ~$13.3B, below ~$14.4B est., and says it is fulfilling US orders exclusively via local warehouses and merchants (www.bloomberg.com)
21 days ago

Xiaomi reports Q1 revenue up ~50% YoY to ~$15.5B, above ~$15.17B est., as it invests heavily in autonomous EVs and growing its smartphone business (www.bloomberg.com)
21 days ago Xiaomi

Taiwan is ramping up its defense drone push with help from startups like Coretronic, as giants like TSMC and Foxconn hold back due to a smaller local market (www.bloomberg.com)
21 days ago Taiwan Startup Drone

Sources, including 30+ current and former Meta employees and 10+ US officials, detail Mark Zuckerberg's embrace of Trump, which has yet to pay major dividends (www.bloomberg.com)
21 days ago Trump Zuckerberg

A look at the UAE's Mohamed bin Zayed University of AI, which aims to supply talent to Emirati companies, incubate startups, and serve as the UAE's AI R&D arm (www.bloomberg.com)
21 days ago Startup AI

OpenAI sets up a legal entity in South Korea and plans a Seoul office, its third in Asia, and says the country has the most paying ChatGPT users outside the US (www.bloomberg.com)
22 days ago Korea Asia

Tools like Microsoft Copilot are helping execs, managers, and staff quickly catch up on work after a vacation by triaging emails and summarizing Slack threads (www.bloomberg.com)
22 days ago Microsoft Slack

Source: the main topic at WWDC will be a redesigned software interface, dubbed Solarium, for all of Apple's operating systems, including tvOS and watchOS (www.bloomberg.com)
22 days ago Apple

Elon Musk says he needs to be “super focused on X/xAI and Tesla”, saying major operational improvements need to be made “as evidenced by the X uptime issues” (www.bloomberg.com)
23 days ago Tesla Elon Musk

A US judge vacates Avraham Eisenberg's convictions for fraud and manipulation related to a $110M theft on Mango Markets in 2022 due to insufficient evidence (www.bloomberg.com)
24 days ago

CB Insights: OpenAI's acquisition of Jony Ive's io for $6.5B sets a new record for venture-backed acquisition by a private buyer (www.bloomberg.com)
24 days ago

Sources: Salesforce is in talks to acquire cloud data management company Informatica, reviving discussions that stalled in 2024; INFA closes up 17.45% (www.bloomberg.com)
24 days ago Salesforce

Sources: CommScope is exploring a sale of its broadband connectivity and cable arm CCS for up to $10B, seeking to unload assets to repay debt (www.bloomberg.com)
24 days ago Asset

President Trump says that the tariffs he has threatened against Apple would also be aimed at “Samsung and anybody that makes that product” (www.bloomberg.com)
24 days ago Trump Samsung Apple

Vietnam orders ISPs to block Telegram over its failure to prevent illegal content and activities, including fraud, drug sales and suspected terrorism on the app (www.bloomberg.com)
25 days ago Terrorism Vietnam

PitchBook: emerging managers in VC, defined as those with three or fewer funds, raised $17B in the US in 2024, down from $64B in 2021, and $4.7B so far in 2025 (www.bloomberg.com)
25 days ago

Leaked memo: YouTube hired longtime Disney executive Justin Connolly to serve as its global head of media and sports, a newly created position (www.bloomberg.com)
25 days ago YouTube

Sources: Apple aims to release smart glasses at the end of 2026 as part of a push into AI devices, but has shelved plans for an Apple Watch with a camera (www.bloomberg.com)
25 days ago AI Apple

Tinder CEO Faye Iosotaluno will step down in July after less than two years in the role; Match Group CEO Spencer Rascoff will lead Tinder temporarily (www.bloomberg.com)
25 days ago

Sources: the US DOJ recently told Google it is examining whether Google structured an agreement with Character.AI to avoid formal government merger scrutiny (www.bloomberg.com)
25 days ago Google AI

Xiaomi CEO Lei Jun unveils the Xring O1, a Xiaomi-made 3nm chip that will power three devices, including the Tablet 7 Ultra, in a bid to compete with Apple (www.bloomberg.com)
26 days ago Apple Xiaomi

Lenovo reports Q4 revenue up 23% to $16.98B, vs. $15.6B est., and net profit down 64% YoY to ~$90M, below $225.8M est., reflecting AI and PC market competition (www.bloomberg.com)
26 days ago AI 4Q Lenovo

Takeaways from Computex 2025: little focus on consumer AI, Chinese AI and chip advances loom large, Intel and Nvidia courting Taiwanese partners, and more (www.bloomberg.com)
26 days ago China Taiwan Intel AI Nvidia

A profile of Bill Zanker, who sources say has been key in marketing the $TRUMP memecoin and organizing a dinner with Trump for the top 220 holders of the coin (www.bloomberg.com)
26 days ago Trump

Digital physical therapy provider Hinge Health raised $437M in its US IPO, after the company and its backers sold 13.7M shares at $32 each, the top of its range (www.bloomberg.com)
26 days ago IPO

Snowflake reports Q1 product revenue up 26% YoY to $996.8M, vs. $966M est., and forecasts Q2 product revenue above estimates; SNOW jumps 6%+ after hours (www.bloomberg.com)
26 days ago

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