Articles from www.bloomberg.com

Articles from www.bloomberg.com

Work Shift: Why Purpose-Driven Jobs Pay Less (www.bloomberg.com)
2023-5-25

Six weeks after Amazon demoed its generative AI tools with an unusually vague announcement and just one testimonial, many cloud customers do not have access (www.bloomberg.com)
2023-5-25 Amazon AI

Linda Yaccarino's main challenge at Twitter will be improving advertiser relationships while keeping Elon Musk happy; sources say she wants to raise her profile (www.bloomberg.com)
2023-5-25 Twitter Elon Musk

Istanbul-based AI marketing startup Insider raised $105M at a $2B valuation, up from $1.22B during its $121M Series D in March 2022, taking its funding to $274M (www.bloomberg.com)
2023-5-24 Startup AI

Xiaomi reports Q1 revenue down 18.9% YoY to ~$8.4B and a ~$596M net income, up from a ~$75M loss in Q1 2022, both above estimates, as cost cutting helps margins (www.bloomberg.com)
2023-5-24 Xiaomi

Bloomberg: Luxury Stocks Lose $30 Billion in One Day on Demand Fears 📉 (www.bloomberg.com)
2023-5-24 Stock

The EU General Court dismisses Meta's challenge to EU regulators seeking vast amounts of data in an antitrust case; Meta first opposed the request in 2020 (www.bloomberg.com)
2023-5-24

European gaming giant Embracer says a “groundbreaking” partnership worth $2B+ has collapsed and lowers its financial forecasts, sending shares crashing by 40%+ (www.bloomberg.com)
2023-5-24 Europe

Bloomberg: Private Jets, Hot off Pandemic Surge, Face New Hurdles and Fewer Customers 📉 (www.bloomberg.com)
2023-5-24

TikTok CEO Shou Chew says Oracle has begun reviewing TikTok's source code and the app is “on track” to have all US user data hosted and overseen by Oracle (www.bloomberg.com)
2023-5-24 Oracle

Tokyo-based taxi-hailing app Go says it raised ~$72M from Goldman Sachs at a ~$1B valuation and commands 70% of the Japanese market, outpacing Uber and Didi (www.bloomberg.com)
2023-5-24 Japan Uber Goldman Tokyo

Billionaire Harlan Crow, Benefactor to Justice Thomas, Rebuffs Senate on Ethics Probe (www.bloomberg.com)
2023-5-24 Senate

Peloton revamps its app to offer a new $24/month tier with unlimited hardware-based classes, a new free tier without live classes, alongside the $13/month tier (www.bloomberg.com)
2023-5-24

World's biggest nuclear plant may stay closed due to papers left on car roof (www.bloomberg.com)
2023-5-23

Hong Kong outlines crypto trading rules for bitcoin, ether, and other large coins, letting retail investors trade them on licensed exchanges starting on June 1 (www.bloomberg.com)
2023-5-23 Bitcoin Hong Kong Retail

Putin pushes India to avoid fatf blockade. (www.bloomberg.com)
2023-5-23 Putin India

As music revenue slows, record labels may force Spotify, which has never changed its US base plan's price, to follow Apple, Amazon, and others in raising prices (www.bloomberg.com)
2023-5-23 Amazon Apple Spotify

An NLRB complaint accuses Amazon of violating US federal labor law at its unionized Staten Island warehouse and Andy Jassy of making illegal anti-union comments (www.bloomberg.com)
2023-5-23 Amazon

Sinan Ogan, the candidate that received 5% of votes in the first round of presidential elections in Turkey formally backs Erdogan for the runoff (www.bloomberg.com)
2023-5-23 Turkey

Amazon faces a record 18 shareholder resolutions at its annual meeting, set for May 24, including on working conditions, freedom to organize, pay, and climate (www.bloomberg.com)
2023-5-23 Amazon Climate

Rigging of Libor During 2008 Crisis Was ‘State-Led,' Times Says (www.bloomberg.com)
2023-5-23

China Blasts US ‘Sincerity' as Biden Calls for More Talks (www.bloomberg.com)
2023-5-22 China

Australia's Minimum Wage Gain Must Match Inflation, Burke Says (www.bloomberg.com)
2023-5-22 Australia Inflation

Biden-McCarthy Meeting on Debt Limit Comes as Time Runs Short (www.bloomberg.com)
2023-5-22

China's $23 Trillion Local Debt Mess Is About to Get Worse (www.bloomberg.com)
2023-5-22 China

Meta Fined Record €1.2 Billion in EU Over US Data Transfers (www.bloomberg.com)
2023-5-22

A researcher says crypto mixer Tornado Cash was taken over by hackers on Saturday through a malicious governance proposal that gave them a majority of votes (www.bloomberg.com)
2023-5-22

A rise in memecoins and NFTs on the Bitcoin blockchain, thanks to the Ordinals protocol, has spurred record transactions and an ensuing fee windfall for miners (www.bloomberg.com)
2023-5-22 Blockchain Bitcoin

Shootout at Baja California car rally leaves 10 dead, 10 wounded (www.bloomberg.com)
2023-5-22 California

We're in the Midst of Trucking Bloodbath 2.0 | Freight Rejected Falls to Record Low of 2.7% (www.bloomberg.com)
2023-5-22

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