Articles from www.bloomberg.com

Articles from www.bloomberg.com

Dropbox ends its unlimited option, capping its highest tier “all the space you need” storage plan to 5TB, after some abused it to resell the storage and more (www.bloomberg.com)
2023-8-25 Dropbox

The US Shouldn't Repeat China's Economic Mistakes (www.bloomberg.com)
2023-8-25 China

Jerome Powell is set to map out final steps in the Fed's campaign to tame inflation—and reinforce its commitment to finishing the job—when he speaks Friday at Jackson Hole (www.bloomberg.com)
2023-8-25 Inflation

Walmart partners with Alphabet's Wing to test drone deliveries of up to six miles at two stores in the Dallas area, dropping off food and household essentials (www.bloomberg.com)
2023-8-25 Drone Alphabet Walmart

Filing: T-Mobile plans to cut ~7% of its global staff, or ~5,000 jobs, mostly in corporate and tech; AT&T has cut 74,130 jobs, or 32% of its staff, since 2021 (www.bloomberg.com)
2023-8-25 Mobile AT&T

Study: in May 2023, ~150K nonconsensual porn deepfakes, with 3.8B total views, appeared on 30 sites, up 9x since 2019, aided by services from big tech companies (www.bloomberg.com)
2023-8-24

A vessel should repair the West Africa Cable System, which runs ~10K miles from Europe to Africa, by September, after disruption to all South African networks (www.bloomberg.com)
2023-8-24 Europe Africa South Africa

Twilio announces AI-powered tools to let clients generate suggestions about marketing strategy and use internal data to build automated contact support services (www.bloomberg.com)
2023-8-24 AI

Antenna: Netflix had ~2.6M signups in the US in July, more than any other paid streaming service but down 26% from June 2023; 23% were for Netflix's ad tier (www.bloomberg.com)
2023-8-24 Netflix

India First to Land Near Moon South Pole After Russia Fails (www.bloomberg.com)
2023-8-24 Russia India

THE BLOOMBERG NEW ECONOMY CATALYST LIST (www.bloomberg.com)
2023-8-23

LinkedIn is benefiting from recent social media upheavals with a jump in sharing, leveraging its position as a place where old-school self-promotion still works (www.bloomberg.com)
2023-8-23 LinkedIn

Binance.US teams up with MoonPay to let users use their debit or credit cards, Apple Pay or Google Pay to buy Tether, which can then be used to buy other tokens (www.bloomberg.com)
2023-8-23 Google Apple Credit Card Apple Pay

SIA: Huawei is building secret chip fabrication facilities across China that would let the company skirt US sanctions and is receiving ~$30B in state funding (www.bloomberg.com)
2023-8-23 China

Sources: Thoma Bravo will close its $2.3B acquisition of identity software provider ForgeRock this week after the US DOJ declined to challenge the deal (www.bloomberg.com)
2023-8-23

Ramp, which offers credit cards and expense management tools, raised $300M at a $5.8B valuation from Founders Fund and others, down from $8.1B in March 2022 (www.bloomberg.com)
2023-8-23 Credit Card

IBM agrees to sell its weather business, including Weather.com and business-oriented services, to private equity firm Francisco Partners for an undisclosed sum (www.bloomberg.com)
2023-8-22 IBM Equity

Baidu reports Q2 revenue up 15% YoY to ~$4.7B, beating ~$4.6B est., and net income up 43% YoY to ~$714M, as China boosts its private sector; BIDU rises 4%+ (www.bloomberg.com)
2023-8-22 China

Arm spent 3,500+ words in its 330-page IPO prospectus explaining the risks in China, a critical market that accounted for ~24% of its sales in the year to March (www.bloomberg.com)
2023-8-22 China IPO

New York and California Each Lost $1 Trillion When Financial Firms Moved South. For the first time, hard data shows the scope of the upheaval (www.bloomberg.com)
2023-8-22 New York California

Musk Told Pentagon He Spoke to Putin Directly, New Yorker Says (www.bloomberg.com)
2023-8-22 Putin Pentagon

DeSantis's Campaign Isn't Fully In Charge of DeSantis's Campaign (www.bloomberg.com)
2023-8-22

India's Trade Policy Is Working Great — for Vietnam (www.bloomberg.com)
2023-8-21 India Vietnam

A notice from Maine's AG says Tesla's May 2023 data breach impacted 75,735 people, included employee-related records, and was a result of “insider wrongdoing” (www.bloomberg.com)
2023-8-21 Tesla

PeckShield: a wallet tied to the ~$600M Binance Coin hack in October 2022 had $63M liquidated on lending platform Venus Protocol, after using BNB as collateral (www.bloomberg.com)
2023-8-21

Cargill Tests 123-Foot-Tall Sails in Effort to Slash Fuel Burn (www.bloomberg.com)
2023-8-21

China's Move to Hold Mortgage-Linked Rate Seen as ‘Puzzling'. 1-year LPR rate lowered by 10 basis points, less than expected. Moves seen as ‘optimized' strategy on property sector (www.bloomberg.com)
2023-8-21 China mortgage

Media Companies Are Ready to Sell. Does Anyone Want to Buy? (www.bloomberg.com)
2023-8-21

US Gun Exports Surge, Fueling Violence Around The World (www.bloomberg.com)
2023-8-21

A look at online trading scams, which have cost European consumers billions, being perpetrated by fraudsters working from call centers, dubbed “boiler rooms” (www.bloomberg.com)
2023-8-21 Europe

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