Articles from www.bloomberg.com

Articles from www.bloomberg.com

US Factory Building at Record High Delivers Big Boost to Growth (www.bloomberg.com)
2023-7-29

Sources: President Biden plans to sign an executive order to limit US investments in semiconductors, AI, and quantum computing in China by mid-August (www.bloomberg.com)
2023-7-29 China AI Quantum

Singapore Hangs First Woman in 19 Years for 31 Grams of Heroin (www.bloomberg.com)
2023-7-28 Singapore

US Office Space Is on Track to Shrink for First Time on Record (www.bloomberg.com)
2023-7-28

Sources in Hollywood and Silicon Valley discuss AI's impact: creatives view AI as an existential threat, studios see a cost saver, and both sides need a deal (www.bloomberg.com)
2023-7-27 AI

Meta forecasts 20% revenue growth in Q3, returning to pre-pandemic and pre-ATT levels, potentially creating cover for expensive AI and metaverse investments (www.bloomberg.com)
2023-7-27 AI

Franco-Italian chipmaker STMicro reports Q2 revenue up 13% YoY to $4.33B, beating estimates of $4.29B, and inventory rose to 126 days, up from 104 in Q2 2022 (www.bloomberg.com)
2023-7-27 Italy

Meta to Charge Cloud Providers for AI Tech That It Said Was Free (www.bloomberg.com)
2023-7-27 AI

US-based chipmaker MaxLinear scraps a $3.8B deal to acquire Taiwan's Silicon Motion, saying Silicon Motion failed to complete some closing conditions and more (www.bloomberg.com)
2023-7-27 Taiwan

Subsidy Wars Heat Up With US Allies Forced to Pay Up or Lose Out (www.bloomberg.com)
2023-7-27

Waymo says it will slow the development of autonomous trucking as it moves its focus and investment to ride-hailing (www.bloomberg.com)
2023-7-27

New rules approved by the SEC require publicly traded companies to file details of a cyberattack within four days of identifying that it has a material impact (www.bloomberg.com)
2023-7-27

AWS debuts HealthScribe, an AI-powered tool to summarize patient visits, and is working with partners rather than selling it directly to hospitals and doctors (www.bloomberg.com)
2023-7-27 AI

Sweden Warns Terror Threat Has Grown After Koran Burnings (www.bloomberg.com)
2023-7-27 Sweden Terrorism

As droughts spread across Spain, the US, and elsewhere, communities are battling water-hungry data centers; Meta expects a €1B facility to use 665M liters/year (www.bloomberg.com)
2023-7-26 Spain

Deutsche Bank Feels Flip Side of Rate Hikes as Loans Deteriorate (www.bloomberg.com)
2023-7-26

After a massive privacy backlash in 2011, Google's Street View cameras returned to Germany in June, taking new photos of its 20 largest cities (www.bloomberg.com)
2023-7-26 Germany Google

Texas Instruments reports Q2 revenue down 13% YoY to $4.53B, beating estimates of $4.35B, and forecasts lukewarm Q3 revenue as the global chip slump continues (www.bloomberg.com)
2023-7-26 Texas

A profile of Indian edtech giant Byju's CEO Byju Raveendran, who has been in crisis mode for months but is expecting a $1B equity investment as early as August (www.bloomberg.com)
2023-7-26 India Equity

Sources: Ant Group plans to exclude blockchain and other businesses from its financial-related unit that will be used for a Chinese financial holding license (www.bloomberg.com)
2023-7-26 Blockchain China

SK Hynix reports Q2 revenue down 47% YoY to ~$5.7B, beating an average projection of ~$4.7B, and a ~$2.3B operating loss, in line with expectations (www.bloomberg.com)
2023-7-26

Record Hot Oceans Are Driving Weather Disasters Around the World (www.bloomberg.com)
2023-7-26

Return-to-Office Stalwart Austin Increasingly Working From Home (www.bloomberg.com)
2023-7-25

Brazil Is Pushing the US Out of World's Biggest Soybean Market (www.bloomberg.com)
2023-7-25 Brazil

The EU enacts the €43B Chips Act, part of ambitious plans to produce 20% of the world's chips by 2030, after final approval from ministers (www.bloomberg.com)
2023-7-25

Options Traders Wager on Fastest Ever U-Turn From the ECB (www.bloomberg.com)
2023-7-25

FTC Chair Lina Khan defends the agency's court record, saying “losing two is OK” and acknowledging difficulties in the Microsoft case due to “vertical mergers” (www.bloomberg.com)
2023-7-25 Microsoft

Elon Musk says Twitter “made sense when it was just 140 character messages” and the move “is not simply a company renaming itself, but doing the same thing” (www.bloomberg.com)
2023-7-25 Twitter Elon Musk

Who Wants to Keep Hiking Rates and Who Doesn't? Breaking Down the Fed's Views (www.bloomberg.com)
2023-7-25

Spotify reports Q2 revenue rose 11% YoY to €3.2B, Premium subscribers grew 17% YoY to 220M, MAUs rose 27% YoY to 551M, and a €112M adjusted operating loss (www.bloomberg.com)
2023-7-25 Spotify

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