Articles from www.bloomberg.com

Articles from www.bloomberg.com

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

Xiaomi plans to focus on 5G phones and reduce its range in India, trying to claw back market share lost to Samsung and other rivals in its second biggest market (www.bloomberg.com)
2023-7-25 India Samsung Xiaomi 5G

A look at the impact of AI on the $200B gaming industry as some executives push for AI adoption and say the changes, while painful, can empower smaller studios (www.bloomberg.com)
2023-7-25 AI

UK Pledges Crackdown on Harmful Ads on Google, Other Web Platforms (www.bloomberg.com)
2023-7-25 Google

The UK plans to force social media and ad platforms like Google Ads to stop scam ads including fake celebrity endorsements, pop-ups with malware, and more (www.bloomberg.com)
2023-7-25 Google

Filing: Binance, CZ, and its former Chief Compliance Officer Samuel Lim plan to file for the dismissal of a CFTC lawsuit; the CFTC sued the three in March 2023 (www.bloomberg.com)
2023-7-25 CFTC

Twitter Turning Into X Is Set to Kill Billions in Brand Value (www.bloomberg.com)
2023-7-25 Twitter

China Holds Off on Major Stimulus as It Signals Property Easing (www.bloomberg.com)
2023-7-25 China

Cerberus, Highgate Miss Payments on $415 Million Hotel Mortgage (www.bloomberg.com)
2023-7-25 mortgage

Tesla Looks Abroad to Keep Growth Going as US Revenue Plateaus (www.bloomberg.com)
2023-7-25 Tesla

Sources: Adobe's $20B Figma deal faces an in-depth EU probe as Adobe won't offer remedies for potential competition concerns, after the UK began a similar probe (www.bloomberg.com)
2023-7-25 Adobe

Kaiko: monthly spot trading volumes on decentralized crypto exchanges dropped 76% YoY to $21B in June 2023; centralized exchanges slid 69% YoY to $429B (www.bloomberg.com)
2023-7-25 Decentralize

Ahead of Amazon's WA worker safety hearing after inspectors found multiple hazards, its business model is on trial and enforced changes may weaken its advantage (www.bloomberg.com)
2023-7-24 Amazon

US Worker Confidence Rebounds as Recession Fears Recede (www.bloomberg.com)
2023-7-24

OneTrust, which offers enterprise privacy and data governance tools, raised $150M led by Al Gore's GIM at a $4.5B valuation, down 18% from its 2021 valuation (www.bloomberg.com)
2023-7-24

SoftBank and Symbotic create GreenBox Systems, an AI warehousing joint venture, and plan to invest $100M and buy $7.5B of Symbotic's AI warehouse systems (www.bloomberg.com)
2023-7-24 AI

Sources: Apple asks suppliers to produce about 85M iPhone 15 units in 2023, only slightly below 2021 and 2022's 90M target, and considers raising 15 Pro prices (www.bloomberg.com)
2023-7-24 iPhone Apple

One Year After Liftoff, ECB Grapples With Endgame for Rate Hikes (www.bloomberg.com)
2023-7-24

Oil Trader Vitol Doubled Average Pay on Record $15.1 Billion Profit (www.bloomberg.com)
2023-7-24 Oil

Why the Vision Pro app store may get more traction than the Apple Watch or TV app stores did, despite the headset's small user base for the first few years (www.bloomberg.com)
2023-7-24 Apple

How to End the Hollywood Actors and Writers Strikes by Tyler Cowen (www.bloomberg.com)
2023-7-24

Biden Approves Monument to Honor Emmett Till in Civil Rights Win (www.bloomberg.com)
2023-7-23

The Economy Is Going Biden's Way. Now He Has to Get Voters to Give Him Credit (www.bloomberg.com)
2023-7-23

Norwegian robotics company AutoStore agrees to pay £200M to UK supermarket giant Ocado to settle a global dispute over warehouse patent infringements (www.bloomberg.com)
2023-7-23 Robot Norway

Sources: during July 17 meetings with officials in DC, the CEOs of Intel, Nvidia, and Qualcomm warned that export controls risk harming US chip leadership (www.bloomberg.com)
2023-7-22 Intel Nvidia

China Is Drilling a Second 10,000-Meter-Deep Hole Into the Earth (www.bloomberg.com)
2023-7-22 China

Sources: Amazon will require some remote corporate employees to relocate as part of a mandate requiring workers to be in the office three days a week (www.bloomberg.com)
2023-7-22 Amazon

The Economy Is Going Biden's Way. Now He Has to Get Voters to Give Him Credit With inflation ebbing and the job creation strong, what was an electoral liability may be turning into a strength. (www.bloomberg.com)
2023-7-22

Student Loan Bills Will Cut $100 Billion From Consumer Spending (www.bloomberg.com)
2023-7-22

Four-Day Week Expert Doesn't Want Everyone Working Four Days — Yet (www.bloomberg.com)
2023-7-21

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