Articles from www.bloomberg.com

Articles from www.bloomberg.com

Spotify shifts its podcast strategy from being a sort of HBO by releasing exclusive shows to providing tools for podcast creators, similar to YouTube's model (www.bloomberg.com)
2023-6-14 YouTube Spotify

Vodafone and Three agree to combine to create the UK's largest mobile network, pending regulatory approval, and will take on £6B in debt; Vodafone will own 51% (www.bloomberg.com)
2023-6-14 Mobile

Samsung plans to let non-factory, full-time chip staff in South Korea take one Friday off each month, after SK Hynix adopted a similar policy in 2022 (www.bloomberg.com)
2023-6-14 Korea Samsung

Comprehensive.io: salaries for senior engineers who specialize in AI and ML are 12% higher than for those who do not; AI-related salaries rose 4% in a year (www.bloomberg.com)
2023-6-14 AI

Databricks says its annual revenue jumped 60%+ to $1B in the fiscal year ended in January and announces the acquisition of Rubicon, an AI storage system startup (www.bloomberg.com)
2023-6-14 Startup AI

Researchers find 10+ items on Temu in the US that were made or sold by companies in China's Xinjiang, flouting a US ban on the region known for forced labor (www.bloomberg.com)
2023-6-14 China Ban

In a first, Larry Ellison passes Bill Gates to become the world's fourth-richest person with a $129.8B net worth; ORCL has risen 42% in 2023 on the AI boom (www.bloomberg.com)
2023-6-13 AI Bill Gates

PitchBook: the UK and Ireland accounted for ~28% of VC deals in Europe and Israel in Q1 2023, down from over 34% in 2018, while France and the Nordics rose (www.bloomberg.com)
2023-6-13 France Europe Israel Ireland

China Tells Last Indian Journalist in Nation to Leave This Month (www.bloomberg.com)
2023-6-13 China India

Filings: a nonbinding proposal on whether Marc Benioff should continue as Salesforce's board chairman got 23% of votes versus ~37% in 2022; CRM rose 61% in 2023 (www.bloomberg.com)
2023-6-13 Salesforce CRM

Governments shunting ‘Dirty Work' on Inflation to [central banks], CIBC says (www.bloomberg.com)
2023-6-13 Inflation Central Bank

By capitalizing on crypto lending services' high interest rate promises, 3AC's founders played the bubble perfectly, getting rich as 3AC's lenders went bankrupt (www.bloomberg.com)
2023-6-13 Interest Rate

Sources: the EU is about to hit Google with a formal antitrust complaint focusing on its ad tech, with a statement of objections coming as soon as Wednesday (www.bloomberg.com)
2023-6-13 Google

Salesforce renames its AI tools portfolio to AI Cloud, plans to roll out AI features in summer, and doubles its generative AI fund, announced in March, to $500M (www.bloomberg.com)
2023-6-13 AI Salesforce

India investigates reports of a breach at a portal with COVID-19 vaccine recipients' data, affecting 1B+ citizens; Telegram removes a bot that pulled the data (www.bloomberg.com)
2023-6-12 India

New York Makes Some Tweaks to Boost Its Slow-Moving Cannabis Market (www.bloomberg.com)
2023-6-12 New York

Nasdaq plans to acquire financial software maker Adenza for $10.5B in cash and stock; Adenza owner Thoma Bravo gets a 14.9% stake in Nasdaq as part of the deal (www.bloomberg.com)
2023-6-12

Sources: the Dutch government is working on legislation to bar Chinese students from university programs on sensitive tech, including chips and defense (www.bloomberg.com)
2023-6-12 China Netherlands

South Korean prosecutors say an ex-Samsung executive allegedly stole blueprints and designs in 2018 and 2019 to replicate an entire chip plant in China (www.bloomberg.com)
2023-6-12 China Korea Samsung

Microsoft Gaming CEO Phil Spencer says he does not “feel an imperative” from users to release a major Xbox upgrade, preferring instead the “hardware we have” (www.bloomberg.com)
2023-6-12 Microsoft Xbox

AI-Threatened Jobs Are Mostly Held by Women, Study Shows (www.bloomberg.com)
2023-6-12 AI

LinkedIn, which launched a skills-matching feature in February 2023, says 45%+ of recruiters on the social network now search for candidates using skills data (www.bloomberg.com)
2023-6-11 LinkedIn

As major US banks abandon crypto companies during an expanding crackdown, a look at the emergence of smaller regional US lenders and Swiss, Asian, and UK firms (www.bloomberg.com)
2023-6-11 Switzerland

A comparison between US data and 5,100 Stable Diffusion-generated images related to job title and crime finds the tool amplifies gender and racial stereotypes (www.bloomberg.com)
2023-6-10

In a virtual address to a conference in Beijing, OpenAI's Sam Altman called for global cooperation on AI safety and said China should help shape the guidelines (www.bloomberg.com)
2023-6-10 China AI

The Summer Games Fest, organized by video game personality Geoff Keighley in place of E3, features shows from Xbox, Ubisoft, and others, but the vibe feels off (www.bloomberg.com)
2023-6-10 Xbox

George Santos's $500,000 Bond Was Backed by Family Members, Not Political Figures, Lawyer Says (www.bloomberg.com)
2023-6-10

Putin says Russia to place nuclear weapons in Belarus in July (www.bloomberg.com)
2023-6-10 Russia Putin

The Dutch government asks TikTok to allow researchers access to the functioning of the platform, with plans to analyze how the algorithm functions (www.bloomberg.com)
2023-6-9 Algorithm Netherlands

ECB Seen Headed for Goldilocks Moment With Rate Path Just Right (www.bloomberg.com)
2023-6-9

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