Articles from www.bloomberg.com

Articles from www.bloomberg.com

Sources: stablecoin payments company RedotPay delays plans for a US IPO to 2027 or later, as it seeks regulatory approvals and deals with legal issues (www.bloomberg.com)
4 hours ago IPO

Sources: Alibaba is nearing a deal to sell its Lingxi Games to PE firm Trustar Capital at a potential $1.5B+ valuation, as Alibaba continues its reorganization (www.bloomberg.com)
4 hours ago Alibaba

Pony AI plans to deploy 2K+ robotaxis across Europe in partnership with Uber and add four more European cities, after Zagreb, with a later Middle East expansion (www.bloomberg.com)
12 hours ago Europe Uber AI

A judge orders Kalshi to stop offering most of its prediction contracts in Washington state, after finding it likely violated state gambling-related laws (www.bloomberg.com)
16 hours ago

Sources: OpenAI is on track to generate annualized revenue of $40B+ based on its current performance, roughly doubling its run rate from the end of 2025 (www.bloomberg.com)
17 hours ago

US-based robot vacuum maker Matic rolls out a firmware update that lets users control its $1,245 vacuum with voice commands in more than 70 languages (www.bloomberg.com)
20 hours ago Robot

OpenAI hires Dali Rajic, COO of Alphabet's Wiz, as chief revenue officer, replacing ex-Slack CEO Denise Dresser, who was hired in December 2025 and will leave (www.bloomberg.com)
23 hours ago Alphabet Slack

Sources: AMD plans to raise as much as $5B in what could be the chipmaker's biggest-ever investment-grade bond sale, as it ramps up spending to meet AI demand (www.bloomberg.com)
23 hours ago AI AMD

HPE secures court approval for its settlement with the US DOJ over its takeover of networking company Juniper, defeating a challenge by Democratic state AGs (www.bloomberg.com)
23 hours ago

DeepSeek raises prices, adding dynamic pricing, ahead of a potential IPO; V4-Flash output tokens go from $0.28/1M to $1.32 during peak hours and $0.66 off-peak (www.bloomberg.com)
23 hours ago IPO

CXMT overtakes Tencent to become the most valuable Chinese company, with a ~$524B market cap, above Tencent's ~$510B; CXMT's Shanghai shares jumped 460%+ at IPO (www.bloomberg.com)
1 day ago China IPO Tencent Shanghai

Didi reports Q2 revenue up 11% YoY to ~$9.3B, net income of ~$128M, after two consecutive quarterly losses, China mobility transaction value up 9.5% to ~$13.4B (www.bloomberg.com)
1 day ago China

President Trump signs a memo letting the US government partner with private companies to conduct cyberattacks abroad against criminal groups targeting Americans (www.bloomberg.com)
1 day ago Trump U.S.

JD.com reports Q2 revenue down 2.9% YoY to ~$51.4B and net income of ~$1.1B, above ~$964M est., driven by JD Retail profitability and narrowing food losses (www.bloomberg.com)
1 day ago Retail

CXMT overtakes Tencent to become the most valuable Chinese company, with a ~$524B market cap, above Tencent's $510B; CXMT's Shanghai shares jumped 460%+ at IPO (www.bloomberg.com)
1 day ago China IPO Tencent Shanghai

Meta says it removed 750,000+ Australian accounts believed to belong to under-16s to comply with the social media ban, including 462,000 Instagram accounts (www.bloomberg.com)
1 day ago Australia Instagram Ban

A look at workers in India who are paid extra to wear devices that capture first-person video of factory and other work tasks for use as AI robot training data (www.bloomberg.com)
1 day ago India AI Robot

Rapidly advancing AI tools have created investor uncertainty and fear around the SaaS business model and the private equity and credit built on top of it (www.bloomberg.com)
1 day ago SaaS AI Equity

President Trump signs a memo letting the US government partner with private firms to conduct cyberattacks abroad against criminal groups targeting Americans (www.bloomberg.com)
1 day ago Trump U.S.

Yuno, a payments infrastructure provider for processing transactions globally, raised a $45M Series B led by Global PayTech with a16z and others participating (www.bloomberg.com)
1 day ago

Sources: Anthropic is in talks to buy Decart, which offers real-time generative video and GPU optimization tech, for about $6B (www.bloomberg.com)
1 day ago

Sources: Apple hired Nate Gatten, an American Airlines exec with GOP ties, as government affairs VP, seeking someone who could align with Trump administration (www.bloomberg.com)
1 day ago Trump U.S. Apple Republican

Sources: the UK government is planning to regulate the use of AI in gene synthesis to prevent terrorists and other bad actors from using AI for bioweapons (www.bloomberg.com)
1 day ago AI Terrorism

Google is introducing an insulin-resistance trend feature that uses AI, accelerometer, and other sensors, launching first on the Watch 5 and Fitbit devices (www.bloomberg.com)
2 days ago Google AI

Amsterdam-based neocloud Nebius reports Q2 cloud revenue up 514% YoY to $575M and total revenue of $582M, above $557M est.; NBIS rises 15%+, and is up 131% YTD (www.bloomberg.com)
2 days ago

African e-commerce company Jumia raised $50M, including $25M from the World Bank's IFC; Jumia's US-listed shares have fallen from $60+ in 2021 to $6 now (www.bloomberg.com)
2 days ago World Bank Africa

Tencent reports Q2 revenue up 11% YoY to ~$30.4B, above ~$30B est., and net income of ~$8.3B, driven by surging WeChat advertising and resilient game spending (www.bloomberg.com)
2 days ago WeChat Tencent

Sources: AI coding startup Cognition is in early talks with investors to raise $1B+ at a $40B+ valuation, after raising $1B at a $26B valuation in May (www.bloomberg.com)
2 days ago Startup AI

Briter: Africa-focused startups raised $3.3B in H1 2026, up 73% YoY, driven by Zipline's $950M raise; US- and UAE-incorporated entities raised half the capital (www.bloomberg.com)
2 days ago Startup Africa

Sources: Singapore-based data center operator DayOne confidentially files for a US IPO, aims to list as soon as next quarter, and is considering raising ~$5B (www.bloomberg.com)
2 days ago IPO Singapore

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