Articles from www.bloomberg.com

Articles from www.bloomberg.com

Tencent's WeChat, ByteDance's Douyin, Kuaishou, and others make similar posts asking users with 500K+ followers to reveal their real names, following Weibo (www.bloomberg.com)
2023-10-31 WeChat Tencent

CCData: almost a year since FTX collapsed, monthly spot trading volume at crypto exchanges dropped from $922.9B in October 2022 to $461.3B in October 2023 (www.bloomberg.com)
2023-10-31

Taiwan's Powerchip plans to build a $5.3B chip facility in northeast Japan with financing from SBI and Japan, aiming to produce 40nm to 55nm chips by 2027 (www.bloomberg.com)
2023-10-31 Japan Taiwan

Clothing Makers Find It Hard to Break With China's Supply Chain (www.bloomberg.com)
2023-10-31 China

Israel's Economy Set to Shrink 11% as Hamas War Escalates: JPMorgan (www.bloomberg.com)
2023-10-31 Israel JPMorgan

Samsung reports Q3 revenue down 12% YoY to ~$50B, net income down 40% YoY to ~$4.1B vs. an 86% decline in Q2 2023, and a chip division operating loss of ~$2.78B (www.bloomberg.com)
2023-10-31 Samsung

US Colleges Face Credit Risk Due to Their Private Equity Exposure (www.bloomberg.com)
2023-10-31 Equity

New York Times Tech Union Strikes Over Office Return, Contract Delays - Bloomberg (www.bloomberg.com)
2023-10-31 New York

US Office of Personnel Management report: about 632K employees at the DOD and DOJ had their emails compromised as part of the MOVEit hacks in May 2023 (www.bloomberg.com)
2023-10-31

US Cuts Quarterly Borrowing Target to $776 Billion, Still Record (www.bloomberg.com)
2023-10-31

Americans Like Sharing Bad Economic News Way Too Much (www.bloomberg.com)
2023-10-31 U.S.

ESG today: Hedge Funds Pile Into Uranium Stocks Set for ‘Dramatic' Rise (www.bloomberg.com)
2023-10-31 Stock Hedge Fund

Meta plans to offer Instagram and Facebook users in the EU, EEA, and Switzerland an ad-free option for €9.99 or €12.99 per month, alongside free with ads (www.bloomberg.com)
2023-10-30 Facebook Instagram Switzerland

Web Summit names Katherine Maher, the former Wikimedia Foundation head, as its new CEO, replacing co-founder Paddy Cosgrave, ahead of the event on November 13 (www.bloomberg.com)
2023-10-30

Philippines Drops China Railway Deals, Seeks Other Funders (www.bloomberg.com)
2023-10-29 China Philippines

Iran Warns of New Fronts Against the US If Gaza War Drags On (www.bloomberg.com)
2023-10-29 Iran

Spanish Growth Slows as Tourism Can't Offset Fall in Investment (www.bloomberg.com)
2023-10-28 Spain

Source: Elon Musk and Linda Yaccarino referenced ambitions to create a news wire service called XWire, rivaling Cision's PR Newswire, during an all-hands (www.bloomberg.com)
2023-10-28 Elon Musk

What to expect from Apple's “Scary Fast” event on Monday: high-end MacBook Pros with M3 Pro and M3 Max, new 24-inch iMac with M3, and USB-C accessories (www.bloomberg.com)
2023-10-28 Apple MacBook

How 2024 Swing-State Voters Feel About the US Economy — In 10 Charts (www.bloomberg.com)
2023-10-28

A live blog of FTX co-founder Sam Bankman-Fried's testimony at his own criminal fraud trial in NYC over the collapse of his cryptocurrency exchange (www.bloomberg.com)
2023-10-27 Cryptocurrency

China Uses Fentanyl for War With US by Other Means (www.bloomberg.com)
2023-10-27 China

Meta declines its Oversight Board's advice from August 2023 to tighten oversight of drug-related posts; the Oversight Board calls the decision “unfortunate” (www.bloomberg.com)
2023-10-27

JPMorgan's Global Head of Payments says its blockchain-based JMP Coin now handles $1B in transactions per day and the bank plans to continue to widen its usage (www.bloomberg.com)
2023-10-26 Blockchain JPMorgan

Magic Leap names Bain Capital tech executive Ross Rosenberg as CEO, starting November 1, replacing Peggy Johnson, who joined from Microsoft in 2020 (www.bloomberg.com)
2023-10-26 Microsoft

Franco-Italian chipmaker STMicro reports Q3 revenue up 2.5% to $4.43B, beating $4.38B est., net income down 0.8% YoY to ~$1B, and predicts demand rising in Q1 (www.bloomberg.com)
2023-10-26 Italy

Kioxia investor SK Hynix says the company didn't agree to the Kioxia-Western Digital merger due to “the overall impact on the value of the company's investment” (www.bloomberg.com)
2023-10-26 Western Digital

Israel Is Losing Support as Fury Grows Over Its Strikes on Gaza (www.bloomberg.com)
2023-10-26 Israel

SK Hynix reports Q3 revenue down 17% YoY to ~$6.69B, beating average estimates of ~$6B, and a ~$1.32B operating loss, versus estimates of ~$1.25B (www.bloomberg.com)
2023-10-26

Trump Ally Mike Johnson Elected House Speaker, Shifting GOP Further Right (www.bloomberg.com)
2023-10-26 Trump Republican

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