Articles from www.bloomberg.com

Articles from www.bloomberg.com

Uber discontinues monthly EV bonuses as it scales back key climate efforts after embracing Trump's Big Beautiful Bill, which slashed clean-energy incentives (www.bloomberg.com)
3 hours ago Trump Uber Energy Climate

Sources: EU competition watchdogs raided Temu's European headquarters in Dublin last week, amid suspicions Temu may have received unfair subsidies from Beijing (www.bloomberg.com)
14 hours ago Europe

Tim Cook met with US lawmakers in a closed-door meeting to lobby against provisions in pending legislation that would require app stores to verify users' ages (www.bloomberg.com)
15 hours ago Tim Cook

In a series of lawsuits, Intel, AMD, Texas Instruments, and Berkshire were accused of failing to keep their tech out of Russian-made weapons used in Ukraine (www.bloomberg.com)
18 hours ago Russia Intel Ukraine Berkshire Texas AMD

Nvidia says that it hasn't seen “substantiation or received tips” about chip smuggling via data centers outside of China, after The Information's DeepSeek story (www.bloomberg.com)
19 hours ago China Nvidia

Amazon Kindle Scribe Colorsoft review: the $630 pen-enabled e-reader is a tough sell for most people, even with its big 11" display and productivity features (www.bloomberg.com)
19 hours ago Amazon

Sources: Meta's new model, codenamed Avocado, may launch in 2026 as a “closed” model, a move Alexandr Wang advocates, shifting from Meta's open-source strategy (www.bloomberg.com)
19 hours ago

Betting exchange Matchbook plans to launch a prediction market platform in the UK in January 2026 as a “road test” before a planned US launch as early as March (www.bloomberg.com)
21 hours ago

How President Trump's tariffs ended China's monopoly on making US game consoles, boosting Vietnam, whose exports jumped from $30M/month in 2024 to $400M in May (www.bloomberg.com)
21 hours ago Trump China Vietnam

As Australia bans under-16s from social media platforms, TikTok-powered video app Lemon8, friends-only photo app Yope, and others rise up the App Store charts (www.bloomberg.com)
22 hours ago Australia

The EU's General Court reduces a 2023 EU antitrust fine on Intel to €237.1M, down from €376.36M; the EU fined Intel a record €1.06B in 2009, then overturned (www.bloomberg.com)
22 hours ago Intel

Australia's under-16 social media ban excludes Discord, GitHub, LEGO Play, Roblox, Steam, Google Classroom, Facebook Messenger, WhatsApp, and YouTube Kids (www.bloomberg.com)
23 hours ago Australia Google Facebook YouTube WhatsApp Ban GitHub

Cambridge, UK-based Nu Quantum, which builds networking infrastructure to link and scale quantum computers, raised a $60M Series A led by National Grid Partners (www.bloomberg.com)
1 day ago Quantum

An interview with Tencent Games Global CEO Michelle Liu, whose hands-on dealmaking approach generated $10B in international gaming revenue over the past year (www.bloomberg.com)
1 day ago Interview Tencent

Nintendo's shares slid as much as 4.7% on December 10 to their lowest level since May, amid concerns that rising memory chip prices will erode its profit (www.bloomberg.com)
1 day ago Nintendo

Coupang CEO Park Dae-jun resigns after the company incurred South Korea's largest-ever data breach, in which the personal data of 30M+ people was compromised (www.bloomberg.com)
1 day ago Korea

Bengaluru-based e-commerce platform Meesho opened up 54% in its stock market debut, giving the company a ~$8.4B market cap after raising ~$603M in its India IPO (www.bloomberg.com)
1 day ago India IPO

Boom's move to modify its supersonic engine to power AI data centers is another example of industrial capacity being repurposed to serve the AI supply chain (www.bloomberg.com)
1 day ago AI

Source: Trump allowed Nvidia to sell H200s to China after concluding the move carried a lower security risk as Huawei offers systems with comparable performance (www.bloomberg.com)
1 day ago Trump China Nvidia

Sources: SpaceX plans an IPO in mid-to-late 2026, seeking to raise far above $30B and targeting a ~$1.5T valuation, potentially making it the largest IPO ever (www.bloomberg.com)
1 day ago IPO SpaceX

The US DOD says it has chosen Google's new GenAI.mil platform to help the US military quickly analyze video and imagery, as part of a $200M contract from July (www.bloomberg.com)
1 day ago Google

Stripe and Paradigm launch a public trial for their blockchain project Tempo, targeting real-world stablecoin payments, with Kalshi and UBS as new partners (www.bloomberg.com)
1 day ago Blockchain

Fal, which hosts generative AI models for developers, raised a $140M Series D led by Sequoia, a source says at a $4.5B valuation, up from $1.5B in July (www.bloomberg.com)
1 day ago AI

Satya Nadella says Microsoft plans to spend $17.5B on AI and cloud computing in India over four years, its largest ever Asia investment, after meeting with Modi (www.bloomberg.com)
1 day ago India Microsoft Asia AI

South Korean media: police raided Coupang's HQ, searching for evidence related to a historic data breach that compromised 30M+ people's personal information (www.bloomberg.com)
1 day ago Korea

Mercedes partners with Chinese software developer Momenta to deploy Level 4 self-driving cars for Lumo Mobility in Abu Dhabi, its first foray into robotaxis (www.bloomberg.com)
1 day ago China Autonomous Car

The US DOJ detains two men for allegedly violating export controls by trying to smuggle $160M+ of Nvidia H100 and H200 chips to China; a third man pled guilty (www.bloomberg.com)
2 days ago China Nvidia

AI browsers, still far from making legacy browsers obsolete, are forcing web developers to rethink whether they are designing websites for humans or for robots (www.bloomberg.com)
2 days ago AI Robot

Reddit is rolling out new safety features globally for all users under 18, ahead of Australia's social media ban for under-16s taking effect on December 10 (www.bloomberg.com)
2 days ago Australia Ban Reddit

Italy-based humanoid robotics startup Generative Bionics raised €70M led by CDP Venture Capital, with participation from Tether, AMD Ventures, and others (www.bloomberg.com)
2 days ago Italy Startup Robot Venture Capital AMD

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