Articles from www.bloomberg.com

Articles from www.bloomberg.com

How Benchmark's investment in Chinese startup Manus has highlighted a philosophical divide in Silicon Valley over China, patriotism, and the pursuit of profit (www.bloomberg.com)
2025-7-15 China Startup

A look at SpaceX's investment and Tesla's potential cash infusion in xAI and the idea that investing in Tesla is betting on the “Musk Mars Conglomerate” (www.bloomberg.com)
2025-7-15 Tesla SpaceX

Mark Zuckerberg says Meta is building several multi-gigawatt “clusters”, starting with Prometheus, a massive datacenter that is scheduled to come online in 2026 (www.bloomberg.com)
2025-7-15 Zuckerberg

Mark Zuckerberg says Meta is building multi-gigawatt datacenter “clusters”, starting with a massive datacenter called Prometheus that will come online in 2026 (www.bloomberg.com)
2025-7-15 Zuckerberg

CSET researchers: China's SMEE has only a 4% market share in older-generation chip lithography, far below ASML and Nikon, a “chokepoint” for China's chip plans (www.bloomberg.com)
2025-7-14 China

Malaysia says individuals and companies must get a permit 30+ days before exporting AI chips, effective now, signaling it is clamping down on China chip exports (www.bloomberg.com)
2025-7-14 China AI Malaysia

Republican House leaders anticipate passing the GENIUS Act along with considering two other crypto bills, as the House kicks off a regulatory Crypto Week (www.bloomberg.com)
2025-7-14 Republican

Jensen Huang says Chinese military is unlikely to use Nvidia's AI chips, citing the risk of the chips being “limited at any time” due to US export restrictions (www.bloomberg.com)
2025-7-14 China AI Nvidia

Bitcoin reached a new all-time high of over $121K, up about 30% since December 2024, after more than doubling in value in 2024 (www.bloomberg.com)
2025-7-14 Bitcoin

Nielsen: Netflix's share of most-watched shows has dropped from 80%+ in 2021 to ~50%; Amazon, Apple, HBO Max, Hulu, and Paramount+ have shows in 2025's Top 10 (www.bloomberg.com)
2025-7-14 Amazon Apple Netflix

With Tim Cook likely to lead Apple through this decade, a look at Apple's executive succession challenges as many of Cook's direct reports near retirement age (www.bloomberg.com)
2025-7-14 Apple Tim Cook

Studios like Do Big are buying Roblox games for $1M+ in a thriving secondary market; Naavik: seven of the 15 highest-earning games in June have been acquired (www.bloomberg.com)
2025-7-12

PitchBook: 27 VC-backed companies went public in the US in the first half of 2025, the smallest number in at least 10 years, raising a total of $44.4B (www.bloomberg.com)
2025-7-12

Sources: Google is paying $2.4B for a nonexclusive license to certain Windsurf tech and hire some of its employees, but won't be taking a stake in the company (www.bloomberg.com)
2025-7-12 Google

T-Mobile has received FCC and DOJ approval for its $4.4B acquisition of US Cellular, after agreeing to phase out DEI programs to comply with FCC policy (www.bloomberg.com)
2025-7-12 Mobile

Meta has completed a deal to acquire AI voice technology startup PlayAI, and the “entire PlayAI team” is set to join Meta next week, per an internal memo (www.bloomberg.com)
2025-7-12 Startup AI

Sources: JPMorgan Chase told fintech companies it will start charging fees for access to customers' account data, which could drastically reshape the industry (www.bloomberg.com)
2025-7-12 Fintech JPMorgan

Sources: Binance wrote the smart contract for USD1, a stablecoin launched by Trump's World Liberty, and promoted it to its 275M users, before CZ sought a pardon (www.bloomberg.com)
2025-7-11 Trump

Sources: Alibaba-backed Chinese AI startup Zhipu plans to raise ~$300M in an IPO in Hong Kong, after previously considering listing in mainland China (www.bloomberg.com)
2025-7-11 China Hong Kong IPO Alibaba Startup AI

Bilt Rewards, which offers rewards points for rent payments, raised $250M led by General Catalyst and GID at a $10.75B valuation, up from $3.1B in January 2024 (www.bloomberg.com)
2025-7-11

Florida AG's office launches an investigation into Robinhood for “falsely promoting” its trading platform as the “least expensive way to purchase crypto” (www.bloomberg.com)
2025-7-11

Sources: Apple plans M5 MacBook Pros and MacBook Airs, a new Mac external monitor, new low-end iPads and M4 iPad Airs, and an iPhone 17e in H1 2026 (www.bloomberg.com)
2025-7-11 iPhone Apple MacBook iPad

Harmonic, a startup co-founded by Robinhood CEO Vlad Tenev that aims to build AI better at math than humans, raised a $100M Series B at a $875M valuation (www.bloomberg.com)
2025-7-11 Startup AI Mathematics

Memo: Indeed and Glassdoor, both owned by Recruit, will cut ~1,300 US jobs amid an AI-focused consolidation; Glassdoor's operations will be merged into Indeed (www.bloomberg.com)
2025-7-11 AI

The EU publishes a voluntary code of practice to help companies follow its AI Act, including requiring developers to provide up-to-date AI feature documentation (www.bloomberg.com)
2025-7-10 AI

Mark Zuckerberg's hiring blitz for top AI talent is spurring other leading AI scientists to join Meta in the race to build “superintelligent” AI (www.bloomberg.com)
2025-7-10 AI Zuckerberg

Amazon expands its Now service in India to New Delhi, offering deliveries in as little as 10 minutes, after launching the service in Bengaluru in December 2024 (www.bloomberg.com)
2025-7-10 India Amazon

Riyadh-based food delivery service Jahez agrees to acquire a 76.56% stake in Qatari e-commerce platform Snoonu for $245M in cash and stock (www.bloomberg.com)
2025-7-10 Qatar

TSMC reports Q2 revenue up 39% YoY to ~$32B, beating estimates and boosting expectations for a sustained post-ChatGPT boom in AI spending (www.bloomberg.com)
2025-7-10 AI

Source: during a presentation, Chief Commercial Officer Judson Althoff said AI saved Microsoft $500M+ last year in its call centers and increased satisfaction (www.bloomberg.com)
2025-7-10 Microsoft AI

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