Articles from www.bloomberg.com

Articles from www.bloomberg.com

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

The EU's antitrust order requiring Google to let Android users select a search engine boosts usage of Russia's Yandex, now a top five option in Germany and more (www.bloomberg.com)
2023-10-20 Android Russia Germany Google

Trump Is Winning Over Swing-State Voters Wary of Biden's Economic Plan (www.bloomberg.com)
2023-10-19 Trump

Sources: the EU adjusts DSA charges to cap them at 0.05% of 2022 profit; X and Amazon may pay €0 while Alphabet and Meta together pay ~€31M, or 75% of the total (www.bloomberg.com)
2023-10-19 Amazon Alphabet

Lam Research reports Q1 revenue down 31% YoY to $3.48B, vs. $3.42B est., the third straight quarter of decline, as the chipmaking tools market remains “soft” (www.bloomberg.com)
2023-10-19

TSMC reports Q3 revenue down 14.6% YoY to ~$17.28B, net income down 24.9% YoY to ~$6.5B, and expects to spend $32B on growing and upgrading capacity in 2023 (www.bloomberg.com)
2023-10-19

Sources: YouTube is building an AI tool to let creators record audio using famous musicians' voices and is seeking rights from companies for training the tool (www.bloomberg.com)
2023-10-19 AI YouTube

Chinese Commerce Minister Wang Wentao meets with Tim Cook and says China welcomes Apple to benefit from “win-win development” and share the “dividends” (www.bloomberg.com)
2023-10-19 China Apple Tim Cook

Health Insurance Premiums Now Cost $24,000 a Year, Survey Says (www.bloomberg.com)
2023-10-19 Insurance

Amazon Starts Delivering Medications by Drone in Texas City (www.bloomberg.com)
2023-10-19 Amazon Drone Texas

PitchBook: global AI startup funding rose 27% YoY to $17.9B in Q3, one of the lone bright spots as overall startup funding dropped 31% YoY to $73B (www.bloomberg.com)
2023-10-19 Startup AI

Researchers: soundscapes and an AI model trained on 100+ wildlife songs can be an effective and low-cost tool to track biodiversity recovery in tropical forests (www.bloomberg.com)
2023-10-18 AI

Document: the EU is considering a three-tiered approach to regulating generative AI under the AI Act and wants to finalize the legislation by the end of 2023 (www.bloomberg.com)
2023-10-18 AI

Arm CEO Rene Haas says the US' goal to cut off Chinese access to advanced semiconductors with military uses will be difficult to carry out with export controls (www.bloomberg.com)
2023-10-18 China

Israel says it's in talks with SpaceX on setting up Starlink internet services as a backup in case other systems are disrupted (www.bloomberg.com)
2023-10-18 Israel SpaceX

PwC teams up with OpenAI to use AI to consult on complex tax, legal, and HR matters, as the Big Four audit firms look to AI to cut costs and boost productivity (www.bloomberg.com)
2023-10-18 Tax AI

Amazon plans to launch its online marketplace in South Africa in 2024, a long-awaited move delayed by land disputes, and invites potential sellers to register (www.bloomberg.com)
2023-10-18 Amazon Africa South Africa

The Colorado Supreme Court ruled evidence from Google obtained via a “keyword search warrant” may be used, one of the first tests of the controversial practice (www.bloomberg.com)
2023-10-18 Google

ASML says new updates to US export curbs designed to block China's access to highly advanced chip tech will lower its Chinese sales in the medium to long term (www.bloomberg.com)
2023-10-18 China

Jim Jordan Is Out of Step With a GOP Party He Wants to Lead (www.bloomberg.com)
2023-10-18 Republican

Tim Cook makes a rare visit to China, appearing at a contest for Tencent's Honor of Kings game in the Chengdu Apple Store, as the US ramps up its chip sanctions (www.bloomberg.com)
2023-10-17 China Apple Tencent Tim Cook

Chinese generative AI startup Baichuan, one of the first to win approval to release its LLMs, raised $300M from Alibaba, Tencent, Xiaomi, and others (www.bloomberg.com)
2023-10-17 China Alibaba Startup AI Tencent Xiaomi

Fed Should Stop Rate Increases With US Small Businesses Struggling, Harker Says (www.bloomberg.com)
2023-10-17

Baidu's founder Robin Li unveils Ernie 4.0, saying the language model is on par with OpenAI's GPT-4 in terms of sophistication and general capabilities (www.bloomberg.com)
2023-10-17

Yuga Labs and Pudgy Penguins are among the NFT makers aiming to boycott Blur and OpenSea for recently slashing royalty rates (www.bloomberg.com)
2023-10-17

Binance halts user signups in the UK, after the FCA restricted a local partner's ability to approve communications for crypto companies with customers (www.bloomberg.com)
2023-10-17

Iran Warns Expansion of Israel-Hamas War Becoming ‘Inevitable' (www.bloomberg.com)
2023-10-17 Israel Iran

Analysts: iPhone 15 sales in China are down compared to the iPhone 14; Counterpoint estimates a 4.5% drop after 17 days and Jefferies says Huawei outsold Apple (www.bloomberg.com)
2023-10-16 China iPhone Apple

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