Articles from www.bloomberg.com

Articles from www.bloomberg.com

An analysis of credit and debit card data shows TikTok Shop passed Shein and Temu in US sales in January 2025, growing 153% to Shein's 26% and Temu's 28% (www.bloomberg.com)
2025-2-17

Chinese President Xi meets with Alibaba co-founder Jack Ma, Huawei founder Ren Zhengfei, and more, signaling Beijing's support for the long-marginalized sector (www.bloomberg.com)
2025-2-17 China Jack Ma Alibaba

A look at Apple's and Meta's robotics efforts; sources say Apple is working on a 27" Studio Display successor to launch by 2026 and considering monetizing Maps (www.bloomberg.com)
2025-2-17 Apple Robot

A look at Apple's and Meta's robotics efforts; sources: Apple is working on a 27" Studio Display successor to launch by 2026 and considering Maps monetization (www.bloomberg.com)
2025-2-17 Apple Robot

Meta's Joel Kaplan says Meta “won't shy away” from taking up its case with President Trump if the EU uses its rules to unfairly target Meta's products (www.bloomberg.com)
2025-2-17 Trump

Sources: DOGE is sending termination notices to USDS staff who worked as IT experts for the US government since the Obama era; USDS has been renamed as DOGE (www.bloomberg.com)
2025-2-16

Sources: Apple plans to refresh the Vision Pro with Apple Intelligence, a new Spatial content app, and a revamped guest mode in visionOS 2.4, as early as April (www.bloomberg.com)
2025-2-16 Apple Intelligence

Sources: Apple's Siri overhaul faces engineering problems and software bugs; some features, planned for April 2025, may have to be postponed until May or later (www.bloomberg.com)
2025-2-16 Apple

CB Insights: a record 1,200 VC-backed unicorns have yet to IPO or get acquired; Carta: fewer than 30% of 2021 unicorns raised funding in the past three years (www.bloomberg.com)
2025-2-16 IPO

Industry executives say US crypto miners are facing delays in receiving new equipment from Bitmain and other Chinese suppliers amid heightened customs scrutiny (www.bloomberg.com)
2025-2-15 China

Sources: SoftBank-backed eFishery, Indonesia's high-profile agritech startup, cuts over 1,000 jobs, or ~90% of its workforce, and weighs a potential liquidation (www.bloomberg.com)
2025-2-15 Startup Indonesia

The website of Donald Trump's World Liberty Financial shows the crypto project has sold 24B+ of its 25B WLFI tokens after a slow start, implying sales of $1.25B (www.bloomberg.com)
2025-2-15 Trump

Tether acquires a minority stake in the iconic Italian football club Juventus, as part of a broader push to integrate digital assets into sports franchises (www.bloomberg.com)
2025-2-15 Italy Asset

DeepSeek's rise has the turned the spotlight on its hometown, Hangzhou, the capital of the Zhejiang province, which has earmarked ~$13.7B to fund tech companies (www.bloomberg.com)
2025-2-15

Sources: Spotify hopes to launch a Music Pro tier in 2025, a $6/month add-on that will include higher-quality audio, early access to concert tickets, and more (www.bloomberg.com)
2025-2-15 Spotify

Sources: humanoid robot startup Figure is in talks to raise $1.5B led by Align Ventures and Parkway VC at a $39.5B valuation, up from $2.6B in February 2024 (www.bloomberg.com)
2025-2-15 Startup Robot

Filing: Anthropic asks a court to nix a DOJ remedy that would block Google from investing in AI startups, saying it would harm Anthropic and the competition (www.bloomberg.com)
2025-2-15 Google Startup AI

Sources: Apple's overhaul of Siri faces engineering problems and software bugs; some features, planned for April, may have to be postponed until May or later (www.bloomberg.com)
2025-2-15 Apple

Source: xAI is canvassing potential investors, including Sequoia Capital and a16z, for a roughly $10B funding round that would value the company at about $75B (www.bloomberg.com)
2025-2-15

Source: TSMC is considering taking a controlling stake in Intel's factories at the request of Trump's team; it is unclear whether Intel is open to a transaction (www.bloomberg.com)
2025-2-15 Trump Intel

Sources: Dell nears a $5B deal to provide servers with Nvidia's GB200 chips for xAI's supercomputer project in Memphis (www.bloomberg.com)
2025-2-15 Nvidia

Memo: Meta hires the former CEO of luxury goods marketplace The RealReal as VP of retail, as it seeks to boost sales of Quest, Ray-Ban Meta, and AI wearables (www.bloomberg.com)
2025-2-15 Retail AI Ban

Sources: Meta plans major investment into AI-Powered humanoid robots, with an initial focus on household chores, and has formed a team within Reality Labs (www.bloomberg.com)
2025-2-15 AI Robot

Sources: Apple plans to launch its AI features in China as early as May 2025, using its own on-device models with Alibaba software to censor or filter AI output (www.bloomberg.com)
2025-2-15 China Alibaba AI Apple

Eudia, which provides in-house legal teams with AI agents and other tools for common tasks, exits stealth with an up to $105M Series A led by General Catalyst (www.bloomberg.com)
2025-2-14 AI

Sources: Apple plans to launch its AI features in China as early as May 2024, using its own on-device models with Alibaba software to censor or filter AI output (www.bloomberg.com)
2025-2-14 China Alibaba AI Apple

Sources: Apple will restore TikTok to the US App Store on Thursday, following a letter from US Attorney General Pam Bondi (www.bloomberg.com)
2025-2-14 Apple

Meta says it will let classified ad firms in Europe pay to place their listings on Facebook Marketplace, after a pilot with eBay, following the EU's €798M fine (www.bloomberg.com)
2025-2-14 Europe Facebook eBay

Dominion Energy says data center power demand in Virginia, home to Data Center Alley, almost doubled in H2 2024, rising to 40.2 gigawatts in December 2024 (www.bloomberg.com)
2025-2-13 Energy Virginia

DeepSeek signals India's last chance to back foundational tech via state-funded research, as its private sector remains too risk-averse to lead AI innovation (www.bloomberg.com)
2025-2-13 India AI

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