Articles from www.bloomberg.com

Articles from www.bloomberg.com

Monzo is shuttering its US operations to focus on scaling in the UK and Europe; source: it will lay off ~50 employees and close clients' accounts in June (www.bloomberg.com)
2026-4-1 Europe

Google researchers warn that quantum computers may crack elliptic-curve cryptography, which helps secure crypto wallets, with 20x fewer resources than expected (www.bloomberg.com)
2026-4-1 Google Quantum

Sources: Apple is testing letting Siri process multiple requests in a single query in iOS 27, and explored a Grammarly-like keyboard that expands autocorrect (www.bloomberg.com)
2026-4-1 IOS Apple

Amazon replaces Amex with US Bancorp as the issuer for its Prime Business and Amazon Business credit cards that it is relaunching in the coming months (www.bloomberg.com)
2026-4-1 Amazon Credit Card

Micromobility delivery startup Also, a Rivian spinoff, raised $200M led by Greenoaks at a $1B valuation and enters a multiyear partnership with DoorDash (www.bloomberg.com)
2026-4-1 Startup

TCL agrees to buy a 51% stake in Sony's global home entertainment business for ~$472M, as the Chinese company seeks to expand overseas; Sony retains a 49% stake (www.bloomberg.com)
2026-4-1 China Sony

Sources: Tether cuts two senior precious metals traders who joined from HSBC just months ago in its push to build “the best trading floor for gold in the world” (www.bloomberg.com)
2026-3-31 HSBC

CoreWeave raised an $8.5B loan from banks and investors to expand its cloud computing capacity, in what it says is the largest chip-backed debt deal of its kind (www.bloomberg.com)
2026-3-31

Nvidia invests $2B in chipmaker Marvell and says the two companies plan to work on silicon photonics tech, enabling high-speed data transmission; MRVL jumps 9%+ (www.bloomberg.com)
2026-3-31 Nvidia

Netflix feels comfortable raising prices knowing customers can downgrade to its ad tier; in 2026, Netflix is on track to double 2025's $1.5B+ in ad sales (www.bloomberg.com)
2026-3-31 Netflix

Sarasota-based Tenex, which offers an AI-enabled managed cybersecurity detection and response service, raised $250M led by Crosspoint at a $1B+ valuation (www.bloomberg.com)
2026-3-31 AI

Analysis: in 2025, Vietnam surpassed China as the leading supplier of laptops and game consoles to the US for the first time, despite President Trump's tariffs (www.bloomberg.com)
2026-3-31 Trump China Vietnam

Beijing-based AI company Z.ai reports 2025 revenue of ~$105M, below ~$109M est., and net loss up 60% YoY to ~$680M, vs. ~$545M est., amid aggressive spending (www.bloomberg.com)
2026-3-31 AI

London-based 9fin, which offers AI tools to help credit traders and investors originate new business efficiently, raised a $170M Series C at a $1.3B valuation (www.bloomberg.com)
2026-3-31 AI London

Raspberry Pi reports 2025 revenue up 25% YoY to $323.2M, driven primarily by demand in the US and China, and says it sold more chips than computers, a first (www.bloomberg.com)
2026-3-31 China Raspberry Pi

A look at Babel Audio, which pairs anonymous strangers to record their conversations, starting at $17/hour, and bundles those recordings into AI training data (www.bloomberg.com)
2026-3-31 AI

OpenAI's ChatGPT app store has 300+ app integrations six months after launch, but developers say adoption is sluggish and the apps offer limited functionality (www.bloomberg.com)
2026-3-31

Quinnipiac poll: 55% of Americans say AI will do more harm than good in their day-to-day lives, and 65% oppose building data centers in their community (www.bloomberg.com)
2026-3-31 U.S. AI

Uber agrees to acquire Berlin-based chauffeur booking app Blacklane for an undisclosed sum to bolster its Uber Elite service, set to close by the end of 2026 (www.bloomberg.com)
2026-3-31 Germany Uber

OpenAI's ChatGPT app store now has 300+ app integrations six months after its launch, but faces sluggish adoption due to limited functionality for many apps (www.bloomberg.com)
2026-3-30

London-based money transfer company Wise plans to launch UK bank accounts, joining an increasingly crowded market; Monzo reports 15M personal and business users (www.bloomberg.com)
2026-3-30 London

A study finds ~$143M in suspicious profits on Polymarket over two years, using patterns consistent with the use of nonpublic info, as prediction markets boom (www.bloomberg.com)
2026-3-30

A look at Amazon's major push into rural US areas, including building 24-hour delivery distribution centers in recent years, encroaching on Walmart's territory (www.bloomberg.com)
2026-3-30 Amazon Walmart

DeepSeek's chatbot suffered a major outage of over seven hours in China, its biggest outage since debut in 2025 and an unusual downtime for a globally used app (www.bloomberg.com)
2026-3-30 China chatbot

A look at Coinbase One and other insurance-like plans for crypto users that typically exclude coverage for many kinds of account hacks, including phishing scams (www.bloomberg.com)
2026-3-30 Insurance Coinbase

Chess grandmasters find new ways to win by making less optimal moves after AI pushed classical chess toward perfect play, breathing new life into the game (www.bloomberg.com)
2026-3-29 AI

Prediction market bets decided on linguistic technicalities expose how hard it is to turn language into a binary market, with payouts hinging on a single word (www.bloomberg.com)
2026-3-28 Single Market

Sources: Meta plans to debut two Ray-Ban smart glasses models next week intended for prescription wearers, to be sold mainly via prescription eyewear channels (www.bloomberg.com)
2026-3-28 Ban

Sources: Physical Intelligence, which is developing AI models for robotics, is discussing a new funding round of about $1B that would value it at $11B+ (www.bloomberg.com)
2026-3-28 AI Robot Intelligence

Filing: Kalshi has secured a license allowing it to offer margin trading to users, which would make the platform more appealing to institutional investors (www.bloomberg.com)
2026-3-28

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