Articles from www.bloomberg.com

Articles from www.bloomberg.com

A profile of Italian private equity firm Bending Spoons, which bought WeTransfer, Evernote, and other distressed subscription apps, and plans to spend billions (www.bloomberg.com)
2024-10-28 Italy Equity Evernote

A profile of ex-eBay and HP CEO Meg Whitman, who became US ambassador to Kenya in late 2021, as the US seeks to counterbalance Chinese tech influence in Africa (www.bloomberg.com)
2024-10-28 China eBay Africa

Analysis of trade data: Mumbai-based Shreya Life Sciences exported 1,111 of Dell's advanced PowerEdge XE9680 servers, worth $300M+, to Russia in April to August (www.bloomberg.com)
2024-10-28 Russia

Hong Kong outlines an AI policy for finance and proposes an extension of a tax break on owning digital assets, as it seeks to become Asia's go-to financial hub (www.bloomberg.com)
2024-10-28 Hong Kong Tax Asia AI Asset

Indonesia bans the sale of iPhone 16 series, claiming that Apple has not fulfilled 40% local content requirements and has not met its investment commitments (www.bloomberg.com)
2024-10-28 iPhone Apple Indonesia

A closer look at M4 Macs coming this week; sources: Apple's home smart display will have an iMac G3-like base and a square screen the size of about two iPhones (www.bloomberg.com)
2024-10-28 Apple

Q&A with Arm CEO Rene Haas on AI transforming the world much faster than the internet, Arm's global operations and China's role, geopolitics, and more (www.bloomberg.com)
2024-10-27 China AI

At a TSMC event, founder Morris Chang said the company will soon face its “most severe” challenges in driving growth as free trade of semiconductors falters (www.bloomberg.com)
2024-10-27

The ramifications of a potential US crackdown against Tether, a noticeable player in the market for US debt, will extend beyond the digital asset industry (www.bloomberg.com)
2024-10-26 Asset

Chinese self-driving company WeRide's shares closed up 6.8% at $16.55, giving a market cap of ~$4.5B, after raising $440.5M in a US IPO and private placement (www.bloomberg.com)
2024-10-26 China IPO

Accel registers with the US SEC as an investment adviser to tap private markets, joining Sequoia, a16z, Bessemer, and other VC firms that made a similar move (www.bloomberg.com)
2024-10-26

Sources: Apple tested an app to help people with prediabetes manage their food intake and make lifestyle changes, as part of its push into blood-sugar features (www.bloomberg.com)
2024-10-26 Apple

The UK CMA opens a phase one merger probe into chip designer Synopsys' $35B takeover of 3D design software maker Ansys due to competition concerns (www.bloomberg.com)
2024-10-25

A US federal judge allows 150+ cases from school districts against Meta, Google, and Snap alleging their apps contributed to students' mental health crisis (www.bloomberg.com)
2024-10-25 Google

Identity verification service provider Socure agrees to acquire Effectiv, which helps businesses manage fraud prevention tools, for $136M in cash and equity (www.bloomberg.com)
2024-10-25 Equity

Source: TSMC's US division president said during a webinar that production yields in Arizona are 4 percentage points higher than at similar facilities in Taiwan (www.bloomberg.com)
2024-10-25 Taiwan

The UK CMA opens a formal probe into Google's Anthropic partnership, sets a December 19 deadline; Google planned to invest $2B in 2023 and signed a cloud deal (www.bloomberg.com)
2024-10-24 Google

Q&A with Vinod Khosla on Elon Musk, AI, climate tech, Harris and Trump, the US economy, tech regulation, Silicon Valley's Trump supporters, taxation, and more (www.bloomberg.com)
2024-10-24 Trump AI Elon Musk Climate

The EU's Court of Justice sides with Intel over a once-record €1.06B antitrust fine, ruling that regulators failed to prove it gave illegal rebates to PC makers (www.bloomberg.com)
2024-10-24 Intel

Crypto super PAC Fairshake, a rare bipartisan PAC, plans to deploy $40M+ in the final weeks of the 2024 US elections, after already deploying $140M (www.bloomberg.com)
2024-10-24

SK Hynix reports Q3 revenue up 94% YoY to a record ~$12.7B, vs. ~$13.2B expected, and operating profit of ~$5.1B, vs. ~$5B expected, on continued AI chip demand (www.bloomberg.com)
2024-10-24 AI

Roblox plans child-safety reforms, including a new type of account to let parents monitor their child's online activity and friends, starting in November (www.bloomberg.com)
2024-10-24

UK-based Wayve, which develops AI software for vehicles, starts testing its driver-assistance system in San Francisco and opens a new office in California (www.bloomberg.com)
2024-10-24 AI San Francisco California

Sources: Apple nears production of MacBook Airs with M4 for release in early 2025, slightly delays M4 Mac Studio, and plans new entry-level iPads for the spring (www.bloomberg.com)
2024-10-24 Apple MacBook

The US CFPB says Goldman Sachs and Apple will pay $89M following a long-running Apple Card investigation; Goldman must pay $64.8M and Apple must pay $25M (www.bloomberg.com)
2024-10-24 Apple Goldman

Infinitus, which uses AI to automate health care tasks, raised $51.5M led by a16z, a source says at a $600M+ valuation, taking its total funding to $102.9M (www.bloomberg.com)
2024-10-24 AI

China says Tim Cook said Apple would “continue to grow its investments in China” in a meeting with its top tech official, during his second visit in 2024 (www.bloomberg.com)
2024-10-23 China Apple Tim Cook

Source: in mid-October, TSMC halted shipments to a client after it discovered that chips fabricated for that entity had found their way into Huawei products (www.bloomberg.com)
2024-10-23

Nigeria drops charges against Binance executive Tigran Gambaryan, detained since February 2024; sources say the case was discontinued due to his ill health (www.bloomberg.com)
2024-10-23 Nigeria

India's Supreme Court strikes down a tribunal order that let Byju's settle debts with India's cricket board, pushing the edtech startup firmly toward insolvency (www.bloomberg.com)
2024-10-23 India Startup

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