Articles from www.bloomberg.com

Articles from www.bloomberg.com

Parity Technologies, developer of Polkadot, which helps different blockchains communicate with each other, is laying off ~100 staff or 30% of its employees (www.bloomberg.com)
2023-10-24

A look at YouTube's negotiations with record labels for an AI tool that lets creators perform using major musicians' voices, a pivotal moment for AI in music (www.bloomberg.com)
2023-10-24 AI YouTube

SK Hynix's stock surged 67% in 2023 due to its Nvidia deal, while Samsung's stock is up 24%, on track to underperform SK Hynix by the most in nearly a decade (www.bloomberg.com)
2023-10-24 Samsung Nvidia

India Rejects Russia Demands to Pay for Oil in Yuan (www.bloomberg.com)
2023-10-24 Russia India

Adyen, an Amsterdam-based PayPal rival, has had its stock fall ~25% since August 17, when it dropped 35%+ following its report of lower-than-expected sales (www.bloomberg.com)
2023-10-24

Dutch media reports that a former ASML employee accused of stealing data went to work for Huawei in China in 2022; it's unclear if they still work for Huawei (www.bloomberg.com)
2023-10-24 China Netherlands

Argentina Markets Brace for Selloff After Massa Forces Runoff (www.bloomberg.com)
2023-10-23

Dallas-based enterprise browser startup Island raised a $100M Series C led by Prysm at a $1.5B valuation, up from $1.3B in 2022, for $350M+ raised in total (www.bloomberg.com)
2023-10-23 Startup Browser

Uber plans to let users in Turkey's touristic Cappadocia region buy a €150 air balloon ride; ~10% of Turkey's 44.6M visitors in 2022 stayed in the region (www.bloomberg.com)
2023-10-23 Uber

Ten-Year US Treasury Yield Tops 5% for First Time Since 2007, Keeping Traders Wary (www.bloomberg.com)
2023-10-23

A Shrinking $1.3 Trillion Securities Market Is Bad News for the Economy (www.bloomberg.com)
2023-10-23

Japan's FTC probes into Google over alleged antitrust violations; report: the agency plans to examine if Google asked smartphone OEMs to prioritize its search (www.bloomberg.com)
2023-10-23 Japan Google

India Pushes Back Against Russia Demands to Pay for Oil in Yuan (www.bloomberg.com)
2023-10-23 Russia India

Sources: Apple was caught off guard by the generative AI fever and is on course to spend ~$1B/year to deploy the tech across iOS 18, Siri, Music, and other apps (www.bloomberg.com)
2023-10-23 IOS AI Apple

Economists Boost US Growth Projections, Reduce Recession Odds (www.bloomberg.com)
2023-10-22

Sources: Joe Biden, Justin Trudeau, and most other G7 leaders plan to skip UK's Bletchley Park AI summit in November, denting the profile of the event (www.bloomberg.com)
2023-10-22 AI Trudeau

Paddy Cosgrave steps down as CEO of Web Summit, which plans to appoint a new CEO and the show, due to start on November 13 in Lisbon, will go ahead as planned (www.bloomberg.com)
2023-10-22

Car Owners Fall Behind on Payments at Highest Rate on Record (www.bloomberg.com)
2023-10-22

Brazil Is Embracing the Migrant Crisis That Everyone Else Wants to Avoid (www.bloomberg.com)
2023-10-21 Immigration Brazil

Greece Returned to Investment Grade by S&P After Over a Decade (www.bloomberg.com)
2023-10-21 Greece

US Presses Israel to Delay Gaza Invasion to Get Hostages Out (www.bloomberg.com)
2023-10-21 Israel

China's GDP surprise partly due to revisions, economists say — Analysts points to need for ‘caveat' in data, given revisions (www.bloomberg.com)
2023-10-21 China GDP

A profile of Tether CTO Paolo Ardoino, who became the stablecoin operator's unofficial frontman on social media before being appointed as CEO from December 2023 (www.bloomberg.com)
2023-10-21

Americans are Worried About Paying Their Bills. That's Helping Trump in Swing States (www.bloomberg.com)
2023-10-21 Trump U.S.

BOJ's Ueda Says Need for Risk Management of Rates Is Increasing (www.bloomberg.com)
2023-10-21

‘South Park' Creators in Talks With Carlyle for Private Loan (www.bloomberg.com)
2023-10-20

Beijing-based generative AI startup Beijing Zhipu Huazhang has raised ~$342M from Alibaba, Tencent, Ant Group, Xiaomi, HongShan, Meituan, and others in 2023 (www.bloomberg.com)
2023-10-20 Alibaba Startup AI Tencent Xiaomi

Americans Must Earn $114,000 a Year to Afford a Typical Home (www.bloomberg.com)
2023-10-20 U.S.

US Jobless Claims Fall to 198,000, Lowest Level Since January (www.bloomberg.com)
2023-10-20 Unemployment

Chicago Wins Fitch Upgrade on Better Economy, Moderating Debt (www.bloomberg.com)
2023-10-20

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