Articles from www.bloomberg.com

Articles from www.bloomberg.com

Nothing unveils the $799 Phone 3, with a 6.7" AMOLED display, Snapdragon 8s Gen 4 chip, three 50MP rear cameras, and the $299 Headphone 1, both shipping July 15 (www.bloomberg.com)
6 hours ago

X will start to publish Community Notes written by AI agents; developers will soon be able to submit their own “fact-checking” AI agents for review (www.bloomberg.com)
6 hours ago AI

CoinMarketCap: bitcoin's share of crypto market value grew to 64% this year, highest since January 2021, and altcoins lost $300B+, as big investors flock to BTC (www.bloomberg.com)
12 hours ago Bitcoin

The Senate votes 99-1 to remove a Trump tax bill provision that would have barred states from regulating AI if they got funding from a $500M broadband program (www.bloomberg.com)
18 hours ago Trump Tax AI Senate

Investigation: three US Treasury hacks in the past five years were due to a failure to deploy basic security measures, as DOGE cuts further weaken the agency (www.bloomberg.com)
1 day ago

US chipmaker Wolfspeed files for Chapter 11 to enact a creditor-backed plan to slash $4.6B in debt; it expects to emerge out of bankruptcy by the end of Q3 (www.bloomberg.com)
1 day ago

Mexico City-based digital bank Klar raised a $190M Series C led by General Atlantic, including $170M in equity and $20M in debt, valuing the company at $800M+ (www.bloomberg.com)
1 day ago Mexico Equity

X hires Nikita Bier, the serial entrepreneur who was behind polling startup TBH and teen-focused social network Gas, as its new head of product (www.bloomberg.com)
1 day ago Startup Entrepreneur

Sources: Mike Rockwell and Craig Federighi have led efforts to assess external models to power Siri; after testing, Anthropic's tech seemed most promising (www.bloomberg.com)
1 day ago

In a memo, Mark Zuckerberg announces Meta Superintelligence Labs and 11 new hires; Nat Friedman “will partner with Alexandr Wang” to lead the new group (www.bloomberg.com)
1 day ago Zuckerberg

Source: Nintendo pulled its products from Amazon's US site after noticing third-party merchants were selling games in the US at prices below Nintendo's rates (www.bloomberg.com)
1 day ago Amazon Nintendo

Bank of Korea temporarily halts preparations for the second phase of its pilot initiative testing program for a central bank digital currency, scheduled for Q4 (www.bloomberg.com)
1 day ago Korea Central Bank 4Q

PitchBook: Australian startups raised $3.4B in 2024, down from 2021's $6.5B peak; 39% of early-stage capital in Australia came from overseas vs. 21% in the US (www.bloomberg.com)
1 day ago Australia Startup

GOP Senators agree to change a provision in the tax bill from a 10-year ban on state AI regulation to a 5-year ban with carve outs for issues such as copyrights (www.bloomberg.com)
2 days ago Tax AI Ban Republican

China's tech giants are ramping up M&A and investment deals as the government shifts its stance to support the tech industry, particularly in areas like AI (www.bloomberg.com)
2 days ago China AI

Call center agents in Australia, Canada, Greece, and the US say they've been repeatedly mistaken for AI, as the industry rapidly integrates AI alongside humans (www.bloomberg.com)
2 days ago Australia AI Canada Greece

A look at efforts by Coinbase, Kraken, Robinhood, and other crypto companies to tokenize stocks amid regulatory hurdles and questions about product demand (www.bloomberg.com)
2 days ago Coinbase

Walmart's Flipkart says about 200M Indian users engaged with social videos and livestreams promoting products on the platform in H1 2025, up from 75M a year ago (www.bloomberg.com)
2 days ago India Walmart

Atlantic Council: US cyber power is hampered by an inefficient supply chain for zero days, with too few providers and “levels of middlemen” driving up costs (www.bloomberg.com)
3 days ago

Sources: Big Fund III, China's main chip fund that has secured only a part of its $48B goal, plans to focus on key shortcomings in lithography and EDA software (www.bloomberg.com)
3 days ago China

EQT agrees to sell Japanese automotive electronics manufacturer Pioneer for $1.1B to CarUX, a unit of Taiwan-listed Innolux specializing in smart cockpit tech (www.bloomberg.com)
3 days ago Japan Taiwan

Canada orders Chinese video surveillance tech provider Hikvision to cease all operations and close its business in the country over national security concerns (www.bloomberg.com)
4 days ago China Canada

Trump's tax bill expands Qualified Small Business Stock benefits for VCs, founders, startup staff, including increasing maximum tax-free gains from $10M to $15M (www.bloomberg.com)
4 days ago Trump Tax Startup

Alibaba unveils text-to-image and image-to-image generation model Qwen VLo, with progressive generation tech, which shows the image creation process (www.bloomberg.com)
4 days ago Alibaba

Battery recycler Redwood Materials and Project Stargate member Crusoe launch a 2,000-GPU data center in Nevada powered by repurposed EV batteries (www.bloomberg.com)
4 days ago Battery

Palantir signs a deal with The Nuclear Company under which the startup will pay Palantir $100M over five years to develop AI software for the nuclear industry (www.bloomberg.com)
5 days ago Startup AI

Sources: UK mobile bank Starling is looking to buy a nationally chartered bank with ~$2B of assets in the US as it seeks to expand in the country (www.bloomberg.com)
5 days ago Mobile Asset

Sources: Senate Parliamentarian raised concerns that the tax bill's ban on states from enforcing AI regulations may violate Senate rules, advising a rewrite (www.bloomberg.com)
5 days ago Tax AI Ban Senate

Sources: Meta is in advanced talks to buy PlayAI, which uses AI to replicate voices for interfaces that are as “responsive as a conversation between two people” (www.bloomberg.com)
5 days ago AI

UAE-based Aqua 1 Foundation buys $100M worth of tokens from Trump's World Liberty Financial, becoming its largest individual investor ahead of Justin Sun (www.bloomberg.com)
5 days ago Trump

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