Articles from www.bloomberg.com

Articles from www.bloomberg.com

A look at Huawei's smart driving software unit, which became profitable in 2024 after revenue grew over 5x and is powering car systems by BYD, BMW, and others (www.bloomberg.com)
2025-4-23

Source: Intel is set to announce plans this week to cut 20%+ of its staff, its first major restructuring under Lip-Bu Tan; it had 108,900 workers in Dec. 2024 (www.bloomberg.com)
2025-4-23 Intel

US v. Google: OpenAI's ChatGPT chief, Nick Turley, says the company would be interested in buying Chrome from Google if a federal court orders it to be spun off (www.bloomberg.com)
2025-4-23 Google Chrome

SAP reports Q1 cloud revenue up 26% YoY to €4.99B, vs. €5.05B est., and adjusted operating income up 58% to €2.5B, beating estimates; SAP jumps 9%+ after hours (www.bloomberg.com)
2025-4-23

DOJ v. Google: an OpenAI exec says Google declined to let OpenAI access its search index; a DOJ remedy proposal would make Google share its index with rivals (www.bloomberg.com)
2025-4-23 Google

Sources: Apple's new Siri engineering chief Mike Rockwell is replacing much of Siri's leadership with top Vision Pro software execs, and is restructuring teams (www.bloomberg.com)
2025-4-23 Apple

DOJ v. Google: a Google VP says the company pays Samsung an “enormous sum of money” every month to preinstall Gemini on its devices as part of a two-year deal (www.bloomberg.com)
2025-4-22 Google Samsung

Circle unveils a network designed to link financial institutions and enable real-time settlement of cross-border payments, starting with USDC and EURC in May (www.bloomberg.com)
2025-4-22

Airbnb now shows the full cost of a stay, excluding taxes, in search results by default; a Biden-era FTC rule on “junk fees” is set to go into effect on May 12 (www.bloomberg.com)
2025-4-22 Tax Airbnb

Brand aggregator Upexi says it is raising $100M to accumulate Solana, causing its shares to surge over 400%, part of a trend of companies investing in crypto (www.bloomberg.com)
2025-4-22

TSMC says its role in the semiconductor supply chain limits its ability to comply with export rules, after reports its tech was used in Huawei's Ascend 910B (www.bloomberg.com)
2025-4-21

How YouTube is adapting to the AI era; a VP expects that in five years, every video uploaded to YouTube could be dubbed automatically into every spoken language (www.bloomberg.com)
2025-4-20 AI YouTube

A look at ways AI is being used to cut carbon emissions: calculating fuel-efficient driving patterns, monitoring grid infrastructure, and more (www.bloomberg.com)
2025-4-18 AI

LMArena says it's starting a company, whose corporate name will be Arena Intelligence, with plans to raise money, and releases a new beta version of its website (www.bloomberg.com)
2025-4-18 Intelligence

In her ruling, Judge Brinkema says Google did not meet the monopoly definition for tools used to buy display ads, but did for ad exchanges and website ad tools (www.bloomberg.com)
2025-4-18 Google

Leaked email: the US CFPB plans a 50% reduction in supervisory activities and a shift in focus from fintech companies back to traditional banks (www.bloomberg.com)
2025-4-18 Fintech

Global Payments acquires the 45% stake in Worldpay that Fidelity still owned and buys the 55% held by PE firm GTCR, in a deal valuing Worldpay at $24.3B (www.bloomberg.com)
2025-4-17

The US FDA cleared Neuralink rival Precision Neuroscience in late March 2025 to offer a less invasive brain implant; the device contains 1,024 metal electrodes (www.bloomberg.com)
2025-4-17

TSMC CEO C. C. Wei says “TSMC is not engaged in any discussion with other companies regarding any joint venture”, after a recent report of a tie-up with Intel (www.bloomberg.com)
2025-4-17 Intel

Polish parcel locker operator InPost acquires UK delivery service Yodel, boosting its UK market share from 2% to ~8% and delivering 300M+ UK parcels annually (www.bloomberg.com)
2025-4-17 Poland

TSMC reports Q1 net income up 60.3% YoY to $11.1B, beating estimates, as customers stockpiled chips anticipating global trade disruptions spurred by US tariffs (www.bloomberg.com)
2025-4-17

Sources: Perplexity is in discussions to integrate its AI assistant on Samsung's devices and has reached an agreement to preload Perplexity on Motorola's phones (www.bloomberg.com)
2025-4-17 Samsung AI

FTC challenges ex-Meta COO Sheryl Sandberg over past emails; she called Google+ a “real” competitor in 2011 and discussed blocking its ads on Facebook in 2012 (www.bloomberg.com)
2025-4-17 Google Facebook

Source: OpenAI is in talks to acquire Windsurf, an AI coding tool formerly known as Codeium, for ~$3B; Windsurf was valued at $1.25B in a 2024 funding deal (www.bloomberg.com)
2025-4-17 AI

Medicare broker Chapter, which was co-founded by Vivek Ramaswamy and uses AI to aggregate comprehensive plan data, raised $75M at a $1.5B valuation (www.bloomberg.com)
2025-4-16 AI Medicare

Infinite Reality, which recently bought Napster, acquires AI customer support startup Touchcast for $500M in cash and stock, valuing Infinite Reality at $15.5B (www.bloomberg.com)
2025-4-16 Startup AI

US credit and debit card data: Shein's US sales rose 29% YoY in March and 38% YoY in April's first 11 days, while Temu rose 46% and 60%, ahead of US tariffs (www.bloomberg.com)
2025-4-16

FOI documents: Australian Communications Minister Michelle Rowland gave a personal guarantee to YouTube that it would be exempt from a teen social media ban (www.bloomberg.com)
2025-4-16 Australia YouTube Ban

Inside San Francisco-based live-in startup accelerator HF0, whose alumni include OpenSea's founders; HF0's latest fund is $100M, up from its previous $16M fund (www.bloomberg.com)
2025-4-16 Startup San Francisco

Analysis: stablecoins' market value rose ~4.5% from the end of February to a new high of ~$234B in April, as crypto traders sat out the market volatility (www.bloomberg.com)
2025-4-16

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