Articles from www.bloomberg.com

Articles from www.bloomberg.com

Didi reports Q2 revenue up 11% YoY to ~$9.3B, net income of ~$128M, after two consecutive quarterly losses, China mobility transaction value up 9.5% to ~$13.4B (www.bloomberg.com)
17 days ago China

President Trump signs a memo letting the US government partner with private companies to conduct cyberattacks abroad against criminal groups targeting Americans (www.bloomberg.com)
17 days ago Trump U.S.

JD.com reports Q2 revenue down 2.9% YoY to ~$51.4B and net income of ~$1.1B, above ~$964M est., driven by JD Retail profitability and narrowing food losses (www.bloomberg.com)
17 days ago Retail

CXMT overtakes Tencent to become the most valuable Chinese company, with a ~$524B market cap, above Tencent's $510B; CXMT's Shanghai shares jumped 460%+ at IPO (www.bloomberg.com)
17 days ago China IPO Tencent Shanghai

Meta says it removed 750,000+ Australian accounts believed to belong to under-16s to comply with the social media ban, including 462,000 Instagram accounts (www.bloomberg.com)
17 days ago Australia Instagram Ban

A look at workers in India who are paid extra to wear devices that capture first-person video of factory and other work tasks for use as AI robot training data (www.bloomberg.com)
17 days ago India AI Robot

Rapidly advancing AI tools have created investor uncertainty and fear around the SaaS business model and the private equity and credit built on top of it (www.bloomberg.com)
17 days ago SaaS AI Equity

President Trump signs a memo letting the US government partner with private firms to conduct cyberattacks abroad against criminal groups targeting Americans (www.bloomberg.com)
17 days ago Trump U.S.

Yuno, a payments infrastructure provider for processing transactions globally, raised a $45M Series B led by Global PayTech with a16z and others participating (www.bloomberg.com)
17 days ago

Sources: Anthropic is in talks to buy Decart, which offers real-time generative video and GPU optimization tech, for about $6B (www.bloomberg.com)
17 days ago

Sources: Apple hired Nate Gatten, an American Airlines exec with GOP ties, as government affairs VP, seeking someone who could align with Trump administration (www.bloomberg.com)
17 days ago Trump U.S. Apple Republican

Sources: the UK government is planning to regulate the use of AI in gene synthesis to prevent terrorists and other bad actors from using AI for bioweapons (www.bloomberg.com)
17 days ago AI Terrorism

Google is introducing an insulin-resistance trend feature that uses AI, accelerometer, and other sensors, launching first on the Watch 5 and Fitbit devices (www.bloomberg.com)
18 days ago Google AI

Amsterdam-based neocloud Nebius reports Q2 cloud revenue up 514% YoY to $575M and total revenue of $582M, above $557M est.; NBIS rises 15%+, and is up 131% YTD (www.bloomberg.com)
18 days ago

African e-commerce company Jumia raised $50M, including $25M from the World Bank's IFC; Jumia's US-listed shares have fallen from $60+ in 2021 to $6 now (www.bloomberg.com)
18 days ago World Bank Africa

Tencent reports Q2 revenue up 11% YoY to ~$30.4B, above ~$30B est., and net income of ~$8.3B, driven by surging WeChat advertising and resilient game spending (www.bloomberg.com)
18 days ago WeChat Tencent

Sources: AI coding startup Cognition is in early talks with investors to raise $1B+ at a $40B+ valuation, after raising $1B at a $26B valuation in May (www.bloomberg.com)
18 days ago Startup AI

Briter: Africa-focused startups raised $3.3B in H1 2026, up 73% YoY, driven by Zipline's $950M raise; US- and UAE-incorporated entities raised half the capital (www.bloomberg.com)
18 days ago Startup Africa

Sources: Singapore-based data center operator DayOne confidentially files for a US IPO, aims to list as soon as next quarter, and is considering raising ~$5B (www.bloomberg.com)
18 days ago IPO Singapore

A look at Candy Crush's continued popularity 15 years after its launch, with an estimated 81.5M MAUs and in-app revenue of $876.5M in fiscal year 2025 (www.bloomberg.com)
18 days ago

Filing: Sergey Brin donated another $20M to Building a Better California, which fights California's proposed wealth tax, taking his total contributions to $102M (www.bloomberg.com)
18 days ago Tax California

A profile of Suno, which has been used by more than 100M people since 2023 and has 2M+ paid subscribers, as it faces copyright lawsuits from UMG and Sony Music (www.bloomberg.com)
18 days ago Sony

Accel raised $3.5B in funds for early-stage investments, including a $1.35B global expansion fund for larger early-stage rounds and rapid follow-on investments (www.bloomberg.com)
18 days ago

Super Micro reports Q4 revenue up 93% YoY to $11.1B, vs. $11.3B est., and forecasts Q1 and FY 2027 revenue above estimates; SMCI jumps 9%+ after hours (www.bloomberg.com)
18 days ago 4Q

Filings show Uber divested from long-time partner Serve Robotics in Q2, as the companies clash over how to deploy delivery robots; Serve has a DoorDash deal (www.bloomberg.com)
18 days ago Uber Robot

Royal Bank of Canada and Bank of Montreal agree to sell payments company Moneris to PE firm Francisco Partners for CA$2B in cash, splitting proceeds equally (www.bloomberg.com)
18 days ago Canada

Sources: Phia co-founders Phoebe Gates and Sophia Kianni pushed for and were aware for seven months of using “cookie stuffing” to claim affiliate commissions (www.bloomberg.com)
19 days ago

Bumble rolls out a global update letting any user send an opening message after matching, a major reversal from its signature women-go-first model (www.bloomberg.com)
19 days ago

Revelio Labs: short-term AI training programs made up nearly 33% of the professional certificate market in 2026, up from just 2% in 2022 before ChatGPT launched (www.bloomberg.com)
19 days ago AI

An NYC bill, backed by Mayor Zohran Mamdani, calls for Amazon, FedEx, and others to directly employ thousands of delivery workers; the bill could pass this fall (www.bloomberg.com)
19 days ago Amazon

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