Articles from www.bloomberg.com

Articles from www.bloomberg.com

A look at the wave of Google DeepMind researchers who have exited recently to launch their own AI startups focused on alternatives to LLMs (www.bloomberg.com)
2026-9-26 Google Startup AI

A US federal judge dealt fresh setbacks to Deel in the Rippling case over alleged spying, including rejecting its bid to strike testimony from a central witness (www.bloomberg.com)
2026-9-26

Sources: Oura IPO is roughly four times oversubscribed; Filing: Oura and the selling shareholders are offering 50M shares for $40 to $44 each to raise ~$2.2B (www.bloomberg.com)
2026-9-26 IPO

Bitget halts withdrawals after detecting unauthorized transfers from some hot and warm wallets, affecting ~$351.6M; CEO Gracy Chen says “user funds are safe” (www.bloomberg.com)
2026-9-25

The Fed unveils stablecoin proposals, including requiring some issuers to fully back tokens with permissible reserve assets, such as short-term Treasury bills (www.bloomberg.com)
2026-9-25 Asset

The US files an application with the EU's General Court in support of X's effort to annul a 2025 €120M DSA fine, arguing the EU engaged in regulatory overreach (www.bloomberg.com)
2026-9-25

Sources: Oracle sent a force majeure notice to Blue Owl to delay payments on the 2.45GW Project Jupiter data center in New Mexico if it fails to launch in 2028 (www.bloomberg.com)
2026-9-24 Mexico Oracle

Tencent launches TenPayGo, a payment app for foreign visitors to China that lets them pay tens of millions of merchants via Visa, Mastercard, and Apple Pay (www.bloomberg.com)
2026-9-24 China Apple Tencent Apple Pay

Revolut is piloting a new POS system that uses facial recognition for payments at the UK coffee chain Kiss the Hippo, ahead of a full launch later this year (www.bloomberg.com)
2026-9-24 Facial Recognition

India's food regulator initiates penal action against Amazon, Flipkart, Swiggy Instamart, Bigbasket, and Zepto over alleged misbranding and misleading claims (www.bloomberg.com)
2026-9-24 India Amazon

Sources: Schneider Electric is nearing a deal to acquire Bulgaria-based smart home device maker Shelly Group at a €1.27B valuation, excluding debt (www.bloomberg.com)
2026-9-24

Sources: Modal Labs is in funding talks at a ~$15B valuation, up from $4.65B in May; Baseten is in funding talks at a $26B valuation, up from $13B in June (www.bloomberg.com)
2026-9-24

Seattle-based Hubble, which is building a 60-satellite low-Earth orbit network for global Bluetooth connectivity, raised a $200M Series C at a $1.6B valuation (www.bloomberg.com)
2026-9-24 Seattle

SoftBank raised ~$11B in debt through its junk bond sale, making the Japanese investment firm one of the biggest corporate junk-bond borrowers in the world (www.bloomberg.com)
2026-9-24 Japan

Sources: the Trump administration is considering an initiative to promote use of dollar-denominated stablecoins overseas, including via JVs with private firms (www.bloomberg.com)
2026-9-24 Trump

Meta previews Muse Charm, a palm-sized Tamagotchi-like device for using Muse, with a ~2-inch OLED screen, front and rear cameras, and 5G, on sale by year's end (www.bloomberg.com)
2026-9-24 5G

Meta debuts Meta VR Glasses, a ~100g VR headset with an external compute pack, three-hour battery life, ~2.5K resolution per eye, on sale spring 2027 for $1,299 (www.bloomberg.com)
2026-9-24 VR Battery

Meta unveils the Ray-Ban Meta Audio, its first pair of glasses without cameras, offering up to 12 hours of battery life, starting at $349 and shipping October 3 (www.bloomberg.com)
2026-9-24 Ban Battery

Source: a CoreWeave-tied data center raised $1.1B in junk bonds at 98.5 cents on the dollar to yield 9.25%, ~2.7 percentage points above similarly rated debt (www.bloomberg.com)
2026-9-24

Microsoft plans to invest more than $10B through 2030 in Saudi Arabia, Kuwait, Qatar, and the UAE, including a $7.9B UAE investment it announced last year (www.bloomberg.com)
2026-9-24 Microsoft Arabia Saudi Arabia Qatar

Sam Altman and Dario Amodei tell the UN Security Council that governments and industry should coordinate on AI safety standards and critical decisions (www.bloomberg.com)
2026-9-24 AI

Source: 1789 Capital, where Donald Trump Jr. is a partner, is in talks to raise $3B for its second growth fund and has already raised $2B of that target amount (www.bloomberg.com)
2026-9-24 Trump

Coachella promoter Goldenvoice renews its livestreaming partnership with YouTube through 2030, choosing it over competing bids from Netflix and Amazon (www.bloomberg.com)
2026-9-24 Amazon YouTube Netflix

Seattle-based satellite startup Hubble, which is working to enable global Bluetooth connectivity, raised $200M at a $1.6B valuation, for $300M in total funding (www.bloomberg.com)
2026-9-24 Startup Seattle

Bessemer raised $5.75B, allocating $4B to growth-stage funding, including young companies raising large rounds at high valuations, and $1.75B for early-stage (www.bloomberg.com)
2026-9-23

Portuguese surveillance drone maker Tekever raised $580M ed by UC Investments at a $6.4B valuation, after securing a UK MOD contract worth £400M over 10 years (www.bloomberg.com)
2026-9-23 Drone

Analysis: 30 Chinese tech stocks with the largest overseas revenue exposure returned 36% YTD, outperforming the 8% return from domestically dependent peers (www.bloomberg.com)
2026-9-23 China

Chinese chip foundry CanSemi, focused on automotive, industrial, and IoT chips, files for an IPO on Shenzhen stock exchange's ChiNext, seeking to raise ~$919M (www.bloomberg.com)
2026-9-23 IoT China IPO Shenzhen

The US criticizes Australia's digital duty-of-care proposal, which has a provision that would require social media platforms to let users opt out of algorithms (www.bloomberg.com)
2026-9-23 Australia Algorithm

Alibaba says it plans to build its first cloud regions in Turkey, Finland, and the Netherlands over the next 12 months, amid escalating US-China AI tensions (www.bloomberg.com)
2026-9-23 China Alibaba AI Netherlands Finland

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