Articles from www.bloomberg.com

Articles from www.bloomberg.com

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

An in-depth look at the executive team behind Apple's upcoming mixed reality headset (www.bloomberg.com)
2023-5-22 Apple

China says it found “relatively serious” cybersecurity risks in Micron products, warns country's key information infrastructure operators against buying them (www.bloomberg.com)
2023-5-22 China

G-7 Struggles to Win Over Swing Nations Courted by China, Russia. Brazil leader Lula showed little sign of moving closer to G-7. US, allies appeal to emerging economies to uphold UN Charter. (www.bloomberg.com)
2023-5-21 Russia China Brazil

Analysts say crypto miners pivoting to AI cloud services face an uphill battle due to needing other specialized processors, hardware and staff costs, and more (www.bloomberg.com)
2023-5-21 AI

Inside the Bitcoin 2023 conference in Miami, attended by 12K+ people, down from 25K+ in 2022, which had a subdued yet positive mood, and no talks of moonshots (www.bloomberg.com)
2023-5-20 Bitcoin

After Niantic's latest AR game Peridot got negative app store reviews and few downloads, a look at the company's metaverse games struggling to find an audience (www.bloomberg.com)
2023-5-20 AR

Progressives Urge Biden to Use 14th Amendment to Bypass Congress on Debt Limit (www.bloomberg.com)
2023-5-20

Tejay Fletcher, the mastermind behind phone number spoofing service iSpoof, which scammed victims out of ~£100M, is sentenced to over 13 years in a UK prison (www.bloomberg.com)
2023-5-19

Germany Pressures China to Shut Secret Police Outposts in Berlin (www.bloomberg.com)
2023-5-19 China Germany

Disney Drops Plans to Move 2,000 Workers to Florida, escalating Fight with Desantis - Bloomberg (www.bloomberg.com)
2023-5-19

China's Record-High Youth Unemployment Rate Likely to Worsen (www.bloomberg.com)
2023-5-19 China Unemployment

Almost 90 Million American Adults Struggle to Make Ends Meet, Census Says (www.bloomberg.com)
2023-5-19 U.S.

Source: Joe Biden intends to pick veteran government lawyer Anna Gomez for the FCC, breaking a two-year deadlock after Republicans opposed an earlier nominee (www.bloomberg.com)
2023-5-19 Republican

Recession Calls Keep Getting Pushed Back, Giving Soft Landing Believers Hope (www.bloomberg.com)
2023-5-19

Alibaba reports Q4 revenue up 2% YoY to ~$30B, ~$3.2B net income, up from a ~$2.6B loss in Q4 2022, and plans to spin off its cloud unit and take others public (www.bloomberg.com)
2023-5-18 Alibaba 4Q

Binance Australia can no longer offer Aussie dollar deposits due to a decision by Cuscal, “our payment processor's partner bank”, and warns of disruptions (www.bloomberg.com)
2023-5-18 Australia

Sources detail Apple's headset ahead of WWDC: a shift from a vision of eyeglasses to ski goggles, Tim Cook's design noninvolvement, selling at cost, and more (www.bloomberg.com)
2023-5-18 Apple Tim Cook

Inflation in Canada Quickens to 4.4% With Housing Costs Rising (www.bloomberg.com)
2023-5-18 Real Estate Inflation Canada

The Debt-Ceiling Standoffs Threaten American Prestige (www.bloomberg.com)
2023-5-18 U.S.

Grammarly announces Grammarly Business, using generative AI to summarize key points in email strings, compose replies, and more, rolling out in June 2023 (www.bloomberg.com)
2023-5-18 AI

PitchBook: VC funds invested $187.7M in startups that develop deepfake technologies in 2022 and $50M so far in 2023, up from just $1M in 2017 (www.bloomberg.com)
2023-5-18 Startup

Singapore Air To Pay Staff A Bonus of Around Eight Months' Salary After Record Annual Profits (www.bloomberg.com)
2023-5-18 Singapore

Cisco reports Q3 revenue up 14% YoY to $14.6B, vs. $14.4B est., net income up 6% YoY to $3.2B, and a strong Q4 sales forecast (www.bloomberg.com)
2023-5-18 4Q Cisco

Citadel Securities Alleges Former Employees Stole Trade Secrets (www.bloomberg.com)
2023-5-18

Sources: the Irish DPC is set to hand Meta a record EU privacy fine and order the company to halt data transfers to the US that rely on certain clauses (www.bloomberg.com)
2023-5-18

India announces a ~$2B incentive scheme to entice makers of laptops, tablets, and other hardware, running for six years, following the 2021 smartphone program (www.bloomberg.com)
2023-5-17 India

Tencent reports Q1 revenue up 11% YoY to ~$21.4B, above estimates and the fastest growth in over a year, and net income up 10% YoY to ~$3.6B, below estimates (www.bloomberg.com)
2023-5-17 Tencent

Central Banks Use Record Amount of Yuan Via PBOC Swaps (www.bloomberg.com)
2023-5-17

Meta has started refunding advertisers for a glitch in April that caused campaigns to overspend; smaller advertisers say the refund process is slower for them (www.bloomberg.com)
2023-5-17

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