Articles from www.bloomberg.com

Articles from www.bloomberg.com

Intel plans to turn its programmable chip unit created from its Altera acquisition into a standalone business, by selling shares publicly or seeking an investor (www.bloomberg.com)
2023-10-9

A US judge rules X violated its duties to cover employee legal expenses and must pay $1.1M in fees to Parag Agrawal, Vijaya Gadde, and other former executives (www.bloomberg.com)
2023-10-9

Vista Equity Partners and another backer acquire a majority stake in TRG Screen, which makes subscription spend management software, sources say for ~$250M (www.bloomberg.com)
2023-10-9

TikTok plans to stop facilitating e-commerce transactions on TikTok Shop in Indonesia on October 4 to comply with the country's regulations on social commerce (www.bloomberg.com)
2023-10-9

Memo: Amazon is shutting down Amp, its live audio streaming app launched in March 2022 that let users act like DJs by playing music and talking alongside songs (www.bloomberg.com)
2023-10-9

US v. Google: in 2018 and 2019, Apple and DuckDuckGo talked changing Safari private mode's default search engine; an Apple exec said it's “probably a bad idea” (www.bloomberg.com)
2023-10-9

Filing: UK chip designer Graphcore needs funds to keep operating as a “going concern”, after 2022 revenue fell 46% YoY and pretax losses grew 11% YoY to $204.6M (www.bloomberg.com)
2023-10-9

Sources: AT&T is exploring options for its 70% DirecTV stake, such as adding a new investor or selling the stake and exiting the venture as early as August 2024 (www.bloomberg.com)
2023-10-9

Filing: the US SEC sues Elon Musk to force him to testify in its probe into his Twitter takeover in 2022, after Musk failed to appear for testimony in September (www.bloomberg.com)
2023-10-9

Source: Linda Yaccarino told the banks that funded Elon Musk's Twitter takeover that X is testing three premium service tiers that vary how many ads are shown (www.bloomberg.com)
2023-10-9

The White House urges the FCC to adopt strong rules in November to address “digital discrimination” in some communities, as some ISPs warn against regulations (www.bloomberg.com)
2023-10-9

PitchBook: VCs invested $700.3M in video game startups in Q3 2023, the lowest since Q2 2020; gaming attracted $2B+ for eight straight quarters through Q2 2022 (www.bloomberg.com)
2023-10-9

A look at SoftBank-owned PayPay, which holds a two-thirds share of the QR-code payments market in Japan and could be next in the conglomerate's IPO pipeline (www.bloomberg.com)
2023-10-9

The 5% Bond Market Means Pain Is Heading Everyone's Way (www.bloomberg.com)
2023-10-9

September Jobs Report May Be Last Good One Before Sharp Slowdown (www.bloomberg.com)
2023-10-9

Weight-Loss Drugs Estimated to Save Airlines Millions (www.bloomberg.com)
2023-10-9

Microsoft Facing Formal EU Complaint Over Teams Video App (www.bloomberg.com)
2023-9-14 Microsoft

How Joseph Bankman and Barbara Fried, both renowned Stanford scholars, opened doors for their son, Sam, and provided a halo effect for FTX before its implosion (www.bloomberg.com)
2023-9-14

Lenders allege that Indian edtech giant Byju's hid $533M in an obscure three-year-old hedge fund that once said it was based out of an IHOP restaurant in Miami (www.bloomberg.com)
2023-9-14 India

Child content creators, or “kidfluencers”, some of whom make $20M+/year, show that protecting kids from labor exploitation is difficult in the social media age (www.bloomberg.com)
2023-9-14

A memo by a lawyer for the ~2,000 former Twitter employees laid off after Musk took over says X has agreed to enter settlement talks set for Dec. 1 and Dec. 2 (www.bloomberg.com)
2023-9-14 Twitter

Sources: Caesars Entertainment paid tens of millions of dollars to hackers who breached the company's systems in recent weeks and threatened to release the data (www.bloomberg.com)
2023-9-14

North Korea's Newfound Confidence Is a Dangerous Thing (www.bloomberg.com)
2023-9-14 Korea

The White House says it is monitoring reports of a growing Chinese government ban of iPhones and that the move seems to be a reprisal against the US (www.bloomberg.com)
2023-9-14 China Ban

Former FaZe Clan staff describe mismanagement, including expanding into unprofitable categories, at the creator collective; FaZe fired its CEO on September 9 (www.bloomberg.com)
2023-9-14

US core CPI picks up, keeping another Fed hike in play this year — Underlying inflation quickened for first time in six months — Overall consumer prices jumped in August (www.bloomberg.com)
2023-9-14 Inflation CPI

The US Army says Microsoft's improved HoloLens-based combat goggles passed their first round of intensive testing by soldiers, ahead of a key 2025 evaluation (www.bloomberg.com)
2023-9-14 Microsoft

Binance US CEO Departs as Crypto Platform Cuts Third of Staff (www.bloomberg.com)
2023-9-13

Since releasing Final Fantasy XVI in June 2023 to mixed reviews, Tokyo-based Square Enix shed ~$2B in market value and its new CEO faces skepticism about growth (www.bloomberg.com)
2023-9-13 Tokyo

China claims to have noticed “some security incidents concerning Apple phones”, without elaborating, after the government reportedly curtails staff iPhone use (www.bloomberg.com)
2023-9-13 China iPhone Apple

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