Articles from www.bloomberg.com

Articles from www.bloomberg.com

Filing: Taiwan-based Apple supplier Hon Hai plans to inject $1.5B into its India unit via its Singaporean subsidiary, as production shifts away from China (www.bloomberg.com)
29 days ago China India Taiwan Apple

The UK says hackers breached its Legal Aid Agency to steal a “significant amount of personal data” from those who receive legal aid across England and Wales (www.bloomberg.com)
29 days ago

A profile of Anthropic CEO Dario Amodei, who transformed himself from an academic into a CEO; as of mid-April, Anthropic was on track for $2B in annual revenue (www.bloomberg.com)
29 days ago

Nvidia unveils NVLink Fusion, letting customers use its NVLink to pair non-Nvidia CPUs or accelerators with Nvidia's products in their own rack-scale setups (www.bloomberg.com)
29 days ago Nvidia

A look at the reasoning behind David Zaslav's strategy to rebrand HBO Max as Max, its failure to broaden the streamer's appeal, and the push to bring “HBO” back (www.bloomberg.com)
29 days ago

How the crypto industry is adapting to the recent wave of kidnappings, from more extensive security around conferences, to a rise in personal bodyguards, more (www.bloomberg.com)
29 days ago

Sources: Cyera is raising $500M led by Lightspeed, Greenoaks and Georgian in a round valuing the data security company at $6B, up from 2024's $3.4B valuation (www.bloomberg.com)
30 days ago

Sources detail Apple's AI efforts, including John Giannandrea's tenure, Craig Federighi's initial lack of interest in LLMs, and its acquisitions, including Siri (www.bloomberg.com)
30 days ago AI Apple

Eight workers, from a nurse dealing with hospital discharge planning algorithms to a salon owner with AI-generated hairstyles, share how AI changed their work (www.bloomberg.com)
30 days ago AI Algorithm

How rapid advances in AI are helping Harvard's Galileo Project and other UFO research efforts process huge amounts of data in real time from multiple sources (www.bloomberg.com)
2025-5-18 AI

Deep dive on the evolution of Microsoft's relationship with OpenAI, from its $1B investment in 2019 through Copilot rollouts and ChatGPT's launch to present day (www.bloomberg.com)
2025-5-17 Microsoft

Michael Novogratz says Galaxy Digital is in talks with the US SEC about tokenizing its own stock as well as other equities using its digital-asset platform (www.bloomberg.com)
2025-5-17 Asset Equity

Sources: Binance and Kraken have been targeted by the same type of social engineering hack recently disclosed by Coinbase, but were able to fend off the attacks (www.bloomberg.com)
2025-5-17 Coinbase

Sources: OpenAI is expected to be a primary anchor tenant for a 5 gigawatt UAE data center, which could become one of the world's largest at 10 square miles (www.bloomberg.com)
2025-5-17

The FCC approves Verizon's $9.6B acquisition of Frontier Communications after Verizon agreed to pare back what Brendan Carr called “invidious” DEI practices (www.bloomberg.com)
2025-5-17

Apple denies removing Fortnite from alternative marketplaces in the EU and says it asked Epic Sweden to resubmit the app update excluding the US App Store (www.bloomberg.com)
2025-5-17 Apple Sweden

Sources: the US mulls a deal to let the UAE import 500,000 of the most advanced AI chips each year until 2027; ~20% would go to G42 and the others to US firms (www.bloomberg.com)
2025-5-17 AI

Charter Is in Talks to Combine with Rival Cox Communications (www.bloomberg.com)
2025-5-16

Sources: ByteDance expects 2025 revenue to grow 20% YoY to $186B vs. 29% growth in 2024, driven by TikTok's global expansion; ByteDance has 4B MAUs across apps (www.bloomberg.com)
2025-5-16

Sources: President Trump's Middle East AI deals open rifts with China hawks in his administration over concerns AI chips shipped to the Gulf end up in China (www.bloomberg.com)
2025-5-16 Trump China AI

Sony's Haven Studios head Jade Raymond leaves the company she founded in 2021; sources say some developers worried over its first game's reception and progress (www.bloomberg.com)
2025-5-16 Sony

Shanghai-based Synyi AI launches a trial program in Saudi Arabia to let patients see an AI doctor for diagnoses and prescriptions, which a human doctor reviews (www.bloomberg.com)
2025-5-16 AI Arabia Saudi Arabia Shanghai

Sources: DOJ is conducting a criminal antitrust probe into whether Live Nation and AEG illegally colluded on concert refunds at the start of the COVID pandemic (www.bloomberg.com)
2025-5-16

Take-Two reports Q4 net bookings up 17% YoY to $1.58B, vs. $1.55B est., net revenue up 13% YoY to $1.58B, and forecasts FY 2026 net bookings below expectations (www.bloomberg.com)
2025-5-16 4Q

Source: hackers bribed enough Coinbase customer service representatives to achieve effectively on-demand access to Coinbase customer information since January (www.bloomberg.com)
2025-5-16 Coinbase

Filing: CoreWeave secures a deal worth ~$4B to provide cloud computing capacity to OpenAI through 2029, in addition to a $12B deal announced before its IPO (www.bloomberg.com)
2025-5-16 IPO

Analysis: Shein cut the average cost of 98 tracked products in the US by ~13% to $5.56 from a peak of $6.38 on May 7, and sent a price drop alert to US users (www.bloomberg.com)
2025-5-15

Documents: Microsoft's recent layoffs of 6,000 workers hit software engineers in Washington state hardest, making up 40%+ of the ~2,000 positions cut there (www.bloomberg.com)
2025-5-15 Microsoft Layoffs

Alibaba reports Q1 revenue up 7% YoY to ~$32.8B, below $33B est., and net income up 200%+ to ~$1.7B due to equity investment gains; BABA drops 5%+ (www.bloomberg.com)
2025-5-15 Alibaba Equity

President Trump says he told Tim Cook that “I don't want you building in India”, “India can take care of themselves”, and Apple will be “upping” US production (www.bloomberg.com)
2025-5-15 Trump India Apple Tim Cook

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