Articles from www.bloomberg.com

Articles from www.bloomberg.com

Near Intelligence, which provides data insights to companies, files for bankruptcy with plans to sell itself; Near went public via a SPAC merger in 2022 (www.bloomberg.com)
52 minutes ago Intelligence

Tencent's Lightspeed LA studio reveals Last Sentinel, an ambitious console game by GTA veteran Steve Martin and part of Tencent's push to create IP from scratch (www.bloomberg.com)
1 hour ago Tencent

Andy Xie on China. (www.bloomberg.com)
4 hours ago China

Sources: Apple is reorganizing its hardware engineering team as Tang Tan, its VP in charge of iPhone and Watch product design, plans to step down in February (www.bloomberg.com)
5 hours ago iPhone Apple

SpaceX's Starlink Clears Military Tests, Paving Way for Contracts (www.bloomberg.com)
6 hours ago SpaceX

Sources: Tata plans to build one of India's largest iPhone plants, employing 50,000 workers within two years, and expects operations to begin in 12 to 18 months (www.bloomberg.com)
6 hours ago India iPhone

TSMC and Arizona labor unions reach a deal covering foreign workers and more, to resolve labor disputes that have dogged TSMC's fab construction site in Phoenix (www.bloomberg.com)
6 hours ago

US Labor Market Defies Slowdown Forecasts in Broad Strengthening (www.bloomberg.com)
6 hours ago

Sources: Ganesh Venkataramanan, who led Tesla's Dojo supercomputer project for five years, left Tesla in November; Tesla executive Peter Bannon now leads Dojo (www.bloomberg.com)
6 hours ago Tesla Bannon

First It Was Wheat, Then Rice. Now, Onions Are on India's Restricted List (www.bloomberg.com)
6 hours ago India

A US judge sentences Gene Levoff, the ex-Apple lawyer who pled guilty to insider trading from 2011 to 2016, to four years of probation; Apple fired him in 2018 (www.bloomberg.com)
6 hours ago Apple

Google's video demo of Gemini's multimodal AI capabilities wasn't carried out in real time or in voice; the model was shown still images and given text prompts (www.bloomberg.com)
6 hours ago Google AI

Micron strikes a labor deal to hire ~3,700 union workers for its $15B chip plant in Boise, Idaho, potentially giving the company an advantage for federal funds (www.bloomberg.com)
6 hours ago

The UK CMA is considering an antitrust investigation into Microsoft and OpenAI's partnership, and is taking comments until January 3 before making a decision (www.bloomberg.com)
6 hours ago Microsoft

Amazon sues an “international fraud organization” for allegedly stealing millions of dollars in merchandise from the company through a series of refund scams (www.bloomberg.com)
6 hours ago

Source: the US FTC is examining the nature of Microsoft's investment in OpenAI and potentially antitrust law violations but hasn't opened a formal investigation (www.bloomberg.com)
6 hours ago

Microsoft agrees to convert 77 TCWGlobal contract staff at ZeniMax into unionized employees, as part of negotiations with CWA-affiliated ZeniMax Workers United (www.bloomberg.com)
6 hours ago

New Aid to Ukraine Drops to Lowest Level Since War Began (www.bloomberg.com)
1 day ago Ukraine

Air Space Intelligence, whose Waze-like tool, Flyways, helps dispatchers pick routes for planes, raised $34M led by a16z, sources say at a $300M valuation (www.bloomberg.com)
1 day ago Intelligence

Sources: House Republicans blocked a measure to speed up US chip projects in must-pass defense legislation, a key priority for Commerce Secretary Gina Raimondo (www.bloomberg.com)
1 day ago Republican

Officials attribute a DDoS attack against the HHS in March 2020 to a state-level actor; docs: the DDoS attack was largest the US government had ever experienced (www.bloomberg.com)
1 day ago

Robinhood launches a commission-free crypto trading app, supporting 25+ cryptocurrencies, in the EU, a week after the company launched stock trading in the UK (www.bloomberg.com)
1 day ago

SoftBank-backed travel booking service Klook raised a $210M Series E+, taking its total funding to $900M+, after turning cash flow positive in mid-2023 (www.bloomberg.com)
1 day ago

Biden Moves to Forgive Nearly $5 Billion in Student Loans (www.bloomberg.com)
1 day ago

Sources: Steve Hotelling, the Apple VP overseeing technologies like touchscreen, health sensors, and Face ID, and one of the inventors of Touch ID, is retiring (www.bloomberg.com)
2 days ago Apple Face ID

Sources: Apple plans a revamped iPad Pro with an OLED screen, iPad Airs with 10.9" and 12.9" screens, 13" and 15" MacBook Airs with M3, and more for early 2024 (www.bloomberg.com)
2 days ago Apple MacBook iPad

MaintainX, which helps manufacturing, hospitality, and other companies manage operations and maintenance, raised $50M at a $1B valuation, up from $191M in 2021 (www.bloomberg.com)
2 days ago Manufacturing

Italy Tells China It Will Exit Belt and Road Investment Pact (www.bloomberg.com)
2 days ago China Italy

How Russia Punched an $11 Billion Hole in the West's Oil Sanctions. (Russian Revenue from oil exports are now greater than it was before the invasion of Ukraine) (www.bloomberg.com)
2 days ago Russia Oil Ukraine

Amazon plans to cut seller fees on clothing items under $15 to 5% in January 2024 and $15 to $20 items to 10%, down from 17%, in a bid to compete with Shein (www.bloomberg.com)
2 days ago Amazon

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