Articles from www.bloomberg.com

Articles from www.bloomberg.com

Jensen Huang says Chinese military is unlikely to use Nvidia's AI chips, citing the risk of the chips being “limited at any time” due to US export restrictions (www.bloomberg.com)
2025-7-14 China AI Nvidia

Bitcoin reached a new all-time high of over $121K, up about 30% since December 2024, after more than doubling in value in 2024 (www.bloomberg.com)
2025-7-14 Bitcoin

Nielsen: Netflix's share of most-watched shows has dropped from 80%+ in 2021 to ~50%; Amazon, Apple, HBO Max, Hulu, and Paramount+ have shows in 2025's Top 10 (www.bloomberg.com)
2025-7-14 Amazon Apple Netflix

With Tim Cook likely to lead Apple through this decade, a look at Apple's executive succession challenges as many of Cook's direct reports near retirement age (www.bloomberg.com)
2025-7-14 Apple Tim Cook

Studios like Do Big are buying Roblox games for $1M+ in a thriving secondary market; Naavik: seven of the 15 highest-earning games in June have been acquired (www.bloomberg.com)
2025-7-12

PitchBook: 27 VC-backed companies went public in the US in the first half of 2025, the smallest number in at least 10 years, raising a total of $44.4B (www.bloomberg.com)
2025-7-12

Sources: Google is paying $2.4B for a nonexclusive license to certain Windsurf tech and hire some of its employees, but won't be taking a stake in the company (www.bloomberg.com)
2025-7-12 Google

T-Mobile has received FCC and DOJ approval for its $4.4B acquisition of US Cellular, after agreeing to phase out DEI programs to comply with FCC policy (www.bloomberg.com)
2025-7-12 Mobile

Meta has completed a deal to acquire AI voice technology startup PlayAI, and the “entire PlayAI team” is set to join Meta next week, per an internal memo (www.bloomberg.com)
2025-7-12 Startup AI

Sources: JPMorgan Chase told fintech companies it will start charging fees for access to customers' account data, which could drastically reshape the industry (www.bloomberg.com)
2025-7-12 Fintech JPMorgan

Sources: Binance wrote the smart contract for USD1, a stablecoin launched by Trump's World Liberty, and promoted it to its 275M users, before CZ sought a pardon (www.bloomberg.com)
2025-7-11 Trump

Sources: Alibaba-backed Chinese AI startup Zhipu plans to raise ~$300M in an IPO in Hong Kong, after previously considering listing in mainland China (www.bloomberg.com)
2025-7-11 China Hong Kong IPO Alibaba Startup AI

Bilt Rewards, which offers rewards points for rent payments, raised $250M led by General Catalyst and GID at a $10.75B valuation, up from $3.1B in January 2024 (www.bloomberg.com)
2025-7-11

Florida AG's office launches an investigation into Robinhood for “falsely promoting” its trading platform as the “least expensive way to purchase crypto” (www.bloomberg.com)
2025-7-11

Sources: Apple plans M5 MacBook Pros and MacBook Airs, a new Mac external monitor, new low-end iPads and M4 iPad Airs, and an iPhone 17e in H1 2026 (www.bloomberg.com)
2025-7-11 iPhone Apple MacBook iPad

Harmonic, a startup co-founded by Robinhood CEO Vlad Tenev that aims to build AI better at math than humans, raised a $100M Series B at a $875M valuation (www.bloomberg.com)
2025-7-11 Startup AI Mathematics

Memo: Indeed and Glassdoor, both owned by Recruit, will cut ~1,300 US jobs amid an AI-focused consolidation; Glassdoor's operations will be merged into Indeed (www.bloomberg.com)
2025-7-11 AI

The EU publishes a voluntary code of practice to help companies follow its AI Act, including requiring developers to provide up-to-date AI feature documentation (www.bloomberg.com)
2025-7-10 AI

Mark Zuckerberg's hiring blitz for top AI talent is spurring other leading AI scientists to join Meta in the race to build “superintelligent” AI (www.bloomberg.com)
2025-7-10 AI Zuckerberg

Amazon expands its Now service in India to New Delhi, offering deliveries in as little as 10 minutes, after launching the service in Bengaluru in December 2024 (www.bloomberg.com)
2025-7-10 India Amazon

Riyadh-based food delivery service Jahez agrees to acquire a 76.56% stake in Qatari e-commerce platform Snoonu for $245M in cash and stock (www.bloomberg.com)
2025-7-10 Qatar

TSMC reports Q2 revenue up 39% YoY to ~$32B, beating estimates and boosting expectations for a sustained post-ChatGPT boom in AI spending (www.bloomberg.com)
2025-7-10 AI

Source: during a presentation, Chief Commercial Officer Judson Althoff said AI saved Microsoft $500M+ last year in its call centers and increased satisfaction (www.bloomberg.com)
2025-7-10 Microsoft AI

Sources: Meta offered Ruoming Pang a $200M+ pay package over a several-year period in line with Meta's other major AI hires; Apple didn't try to match the offer (www.bloomberg.com)
2025-7-10 AI Apple

Israeli VC firm Cyberstarts has raised a $300M fund to allow long-time employees at some of its portfolio companies to cash out their vested shares (www.bloomberg.com)
2025-7-10 Israel

Source: Microsoft's Chief Commercial Officer said during a presentation that AI saved Microsoft $500M+ last year in its call centers and increased satisfaction (www.bloomberg.com)
2025-7-10 Microsoft AI

France's antitrust regulator has notified Meta of a potential antitrust violation, accusing it of abusing its dominant position in the online ad sector (www.bloomberg.com)
2025-7-10 France

Sources: Apple is planning the first Vision Pro upgrade later in 2025, with an M4 chip and a new strap, and a lighter, redesigned version for 2027 (www.bloomberg.com)
2025-7-10 Apple

California State Senator Scott Wiener makes amendments to SB 53, which has transparency requirements for AI companies but omits SB 1047's provision on liability (www.bloomberg.com)
2025-7-10 AI California

Apple says COO Jeff Williams will step down in July, overseeing design and health until he retires later in 2025; SVP of Operations Sabih Khan will become COO (www.bloomberg.com)
2025-7-9 Apple

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