Articles from www.bloomberg.com

Articles from www.bloomberg.com

Sources: Apple executive Ke Yang, who was appointed just weeks ago as head of a team developing AI-driven web search for Siri, is leaving for Meta (www.bloomberg.com)
15 days ago AI Apple

David Sacks says Anthropic is running a “regulatory capture strategy based on fear-mongering”, responding to Anthropic co-founder Jack Clark's post on AI policy (www.bloomberg.com)
15 days ago AI

Sources: Chinese state actors compromised UK government servers for at least the last 10 years, routinely accessing low- and medium-level classified information (www.bloomberg.com)
15 days ago China

Sources: Anthropic held early funding talks this month with Abu Dhabi-based MGX, which it considers a prior investor, after closing a $13B Series F in September (www.bloomberg.com)
16 days ago

Sources: Orange is seeking to raise €400M-€500M by selling a stake of as much as 50% in its data center business, including its major facility in Normandy (www.bloomberg.com)
16 days ago

US bank Erebor, founded by Palmer Luckey, Joe Lonsdale, and others, wins conditional OCC approval to offer services to emerging tech companies in crypto and AI (www.bloomberg.com)
16 days ago AI

Meta says it is investing $1.5B+ to set up a 1 GW data center in El Paso, Texas, and expects it come online in 2028 (www.bloomberg.com)
16 days ago Texas

AppLovin shut down Array last quarter, calling it “a test product” that wasn't “economically viable”, after allegations it led to unwanted Android app installs (www.bloomberg.com)
16 days ago Android

ASML CFO Roger Dassen says the company is “well prepared” for China's curbs on exports of rare earths; a source says ASML could face weeks-long shipment delays (www.bloomberg.com)
16 days ago China

SoftBank's $5.4B purchase of ABB's robotics unit is another setback for Europe, which risks losing its edge to Asian and US companies in the “physical AI” era (www.bloomberg.com)
16 days ago Europe AI Robot

ASML reports Q3 net bookings of €5.4B, v. €4.9B est., as the AI spending boom boosts demand for its EUV machines to produce the most sophisticated AI chips (www.bloomberg.com)
16 days ago AI

Sources: Apple plans to build its upcoming indoor security camera, home hub, and tabletop robot in Vietnam as part an effort to lessen its dependence on China (www.bloomberg.com)
16 days ago China Apple Robot Vietnam

Marc Benioff says Salesforce is saving about $100M a year by using AI tools in its customer service operations (www.bloomberg.com)
17 days ago AI Salesforce

Walmart partners with OpenAI to let shoppers browse and purchase its products on ChatGPT, including apparel, entertainment, packaged food, and third-party goods (www.bloomberg.com)
17 days ago Walmart

Sources: the EU considers forcing Chinese companies seeking access to digital markets to hand over tech to European companies if they want to operate locally (www.bloomberg.com)
17 days ago China Europe

Nexperia says China banned it from exporting China-made products, as Beijing hits back at the Dutch government for taking over the Wingtech-owned chipmaker (www.bloomberg.com)
17 days ago China Netherlands

Internal memo: in a first, Samsung plans to award shares and bonuses based on stock price to employees and will let staff get up to 50% of their payout in stock (www.bloomberg.com)
17 days ago Samsung

OpenAI's massive deals show Sam Altman is selling a vision of a world-changing product and achieving it via world-changing financial engineering to raise $1T+ (www.bloomberg.com)
17 days ago

Samsung projects Q3 operating profit up 32% YoY to ~$8.47B vs. ~$6.8B est., its biggest quarterly profit in more than three years, as AI development accelerates (www.bloomberg.com)
17 days ago Samsung AI

Amazon plans to hire 250K workers for the 2025 holiday season, the same as in 2023 and 2024, including full-time and part-time, and will pay $19/hour on average (www.bloomberg.com)
18 days ago Amazon

CoinGecko: crypto's combined market cap rises 6% to hit $4T, recovering from a brutal weekend selloff as President Trump tries to calm US-China trade war fears (www.bloomberg.com)
18 days ago Trump China

Tencent is investing in shooting games, traditionally dominated by Western companies, after the 2024 success of Delta Force, which still has 30M players daily (www.bloomberg.com)
18 days ago Tencent

Wingtech's Shanghai-listed stock plunged its daily limit of 10% after the Dutch government moved to exert control over Nexperia, which it acquired in 2018 (www.bloomberg.com)
18 days ago Netherlands Shanghai

Sources: Apple glasses may run full visionOS when paired with Mac, or a lighter UI with iPhone; Apple may unveil M5 iPad, MacBook Pro, and Vision Pro this week (www.bloomberg.com)
18 days ago iPhone Apple MacBook iPad

Sources: Apple glasses may run full visionOS when paired with Mac and a lighter UI with iPhone; Apple may unveil M5 iPad, MacBook Pro, and Vision Pro this week (www.bloomberg.com)
19 days ago iPhone Apple MacBook iPad

Qantas says 5.7M customer records stolen in a July breach of a third-party platform have been released online, and it is assessing the extent of the exposure (www.bloomberg.com)
19 days ago Qantas

1Password founders sold a $75M stake as part of a $100M secondary sale, valuing the company at $6.8B, the same valuation as its $620M Series C in January 2022 (www.bloomberg.com)
19 days ago

Sources: Securitize, a blockchain company that tokenizes investments, is in talks to go public via a SPAC started by Cantor Fitzgerald at a $1B+ valuation (www.bloomberg.com)
19 days ago Blockchain

Analysis: in 2025, tech companies have raised about $157B in the US bond markets, up 70% from last year, as debt seeps into every corner of the AI economy (www.bloomberg.com)
20 days ago AI

An index of Chinese chip stocks is outperforming global peers, surging 50% since the end of June, amid raising investor caution about soaring valuations (www.bloomberg.com)
20 days ago China

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