Articles from www.bloomberg.com

Articles from www.bloomberg.com

UN report: cyber crime syndicates raked in as much as $37B in 2023 and are growing in Myanmar, Cambodia, Laos, and across Southeast Asia despite police efforts (www.bloomberg.com)
2024-10-7 Asia Southeast Asia Cambodia

SportQuake: crypto companies have spent a record of almost £130M on Premier League sponsorship deals for the 2024/25 season, buoyed by tighter gambling rules (www.bloomberg.com)
2024-10-7

Sources: Apple plans to launch iOS 18.1 and Apple Intelligence on Oct. 28 and announce new Macs and an iPad mini in late Oct., with shipments starting on Nov. 1 (www.bloomberg.com)
2024-10-7 IOS Apple Intelligence iPad

Cyber Crimes Center, a division of the US DHS, says it has disrupted 500+ ransomware attacks and seized $4.3B in crypto since 2021, including $180M last year (www.bloomberg.com)
2024-10-5

Coinbase says it will delist all unauthorized stablecoins, like Tether's USDT, from its exchange in the EEA by 2024's end, to comply with the EU's MiCA rules (www.bloomberg.com)
2024-10-5 Coinbase

Sources: Tencent and Ubisoft's founding Guillemot family are considering options including a buyout of Ubisoft after it lost 50%+ of its market value this year (www.bloomberg.com)
2024-10-5 Tencent

Meta announces Movie Gen, which creates videos up to 16 seconds long based on a text prompt; Meta plans to make it available on its apps in 2025 (www.bloomberg.com)
2024-10-4

Robinhood plans to debut margin trading in UK in the coming weeks; it is exploring offering retirement products and letting British users invest in UK stocks (www.bloomberg.com)
2024-10-4 U.K.

CCData: Binance's share of digital asset trading volume fell to 36.6% in September, down from 42.7% at the start of 2024, the lowest level in four years (www.bloomberg.com)
2024-10-4 Asset

The US and Microsoft seize 107 websites used by Russian intelligence agents and their proxies in the US operating under Star Blizzard, a group active since 2016 (www.bloomberg.com)
2024-10-4 Russia Microsoft Intelligence

Sources: Apple is planning a new iPad mini, possibly for 2024, and nearing production of an iPhone SE without a home button and iPad Air models for early 2025 (www.bloomberg.com)
2024-10-4 iPhone Apple iPad

How Sam Altman concentrated his power at OpenAI since he was fired and rehired 11 months ago; sources: burnout has become a key issue for some employees (www.bloomberg.com)
2024-10-4

Zepz, the money transfer service formerly called WorldRemit and valued at $5B in 2021, raised $267M to fund an expansion in its core African markets and beyond (www.bloomberg.com)
2024-10-4 Africa

PayPal completes its first business payment using its proprietary PYUSD stablecoin, paying an E&Y invoice on September 23 via SAP's digital currency hub (www.bloomberg.com)
2024-10-3

Analysis: Nvidia execs and directors have sold nearly 11M shares, worth $1.8B+, in 2024 so far, the most since at least 2020; there are 24.5B outstanding shares (www.bloomberg.com)
2024-10-3 Nvidia

Gurbir Grewal, the US SEC's top enforcement official since 2021, who oversaw 2,400+ enforcement actions and the crypto crackdown, plans to leave on October 11 (www.bloomberg.com)
2024-10-3

How chips made by US companies like Analog Devices, Germany's Infineon, and others helped power a Russian missile used in Ukraine, despite US export controls (www.bloomberg.com)
2024-10-3 Russia Germany Ukraine

Dogecoin has become surprisingly popular among businesses looking to accept crypto for real-world purchases, largely due to the memecoin's low transaction costs (www.bloomberg.com)
2024-10-3

PitchBook: Q3 US VC investments rose 8% YoY to $37.9B across 3,777 deals; AI firms got 36% of deal value and 27% of deal count in the first nine months of 2024 (www.bloomberg.com)
2024-10-3 AI

Sources: Google teams in recent months have made progress on AI reasoning models, akin to OpenAI's o1; source: some at DeepMind are worried about falling behind (www.bloomberg.com)
2024-10-3 Google AI

Poolside, which is building AI-assisted software development tools, raised a $500M Series B led by Bain Capital Ventures, reportedly at a $3B valuation (www.bloomberg.com)
2024-10-3 AI

Sources: OpenAI has completed a deal to raise over $6.5B in new funding led by Thrive Capital, giving it a $150B+ valuation (www.bloomberg.com)
2024-10-3

Sources: in recent months, Google teams have made progress on AI reasoning, similar to OpenAI's o1; source: some in DeepMind are worried over falling behind (www.bloomberg.com)
2024-10-2 Google AI

AI contact center startup Crescendo raised $50M from General Catalyst and others at a $500M valuation, and acquired Idaho-based outsourcing company PartnerHero (www.bloomberg.com)
2024-10-2 Startup AI

Filing: Hong Kong stock exchange executive Yang Qiumei received a 20% stake in SenseTime, worth $1.5B, from her late husband, making her its largest shareholder (www.bloomberg.com)
2024-10-2 Hong Kong

Telegram CEO Pavel Durov says his previous post on ToS updates “may have seemed to announce a major shift in how Telegram works” but “little has changed” (www.bloomberg.com)
2024-10-2

Philippine President Marcos Jr. signs a law imposing a 12% value-added tax on non-resident digital service providers, including Netflix, HBO, and Disney (www.bloomberg.com)
2024-10-2 Tax Netflix Philippines

Sources: Apple nears production of an updated iPhone SE with a design that drops the home button and plans a new iPad mini this year and iPad Air models in 2025 (www.bloomberg.com)
2024-10-2 iPhone Apple iPad

As the US and allies try to sanction Evil Corp., the UK NCA says the ransomware gang conducted cyberattacks and espionage ops on NATO allies on Kremlin orders (www.bloomberg.com)
2024-10-2

Oura says it will see annual sales double to roughly $500M this year; sources: it plans to debut a new, thinner fitness ring with better battery life in October (www.bloomberg.com)
2024-10-1 Battery

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