Articles from www.bloomberg.com

Articles from www.bloomberg.com

Indian streaming service JioCinema plans to add 100+ films and TV series and charge for content; JioCinema had 22M viewers for an IPL cricket match on April 12 (www.bloomberg.com)
2023-4-15 India

Court filings in California's suit against Amazon say the company blocked sellers from offering lower prices on rival sites despite claiming to end the policy (www.bloomberg.com)
2023-4-15 Amazon California

James Zhong, who stole more than 50,000 Bitcoin from Silk Road in 2012, is sentenced to one year and one day in prison (www.bloomberg.com)
2023-4-15 Bitcoin

Developer logs: Apple is testing a laptop with a CPU similar to current models, likely a 15" MacBook Air with the same screen resolution as the 14" MacBook Pro (www.bloomberg.com)
2023-4-15 Apple MacBook

Twitch CEO Dan Clancy defends cutting 400 employees, saying the move was vital to keep the service viable, and plans to meet with creators to allay their fears (www.bloomberg.com)
2023-4-13

Taiwan Ministry of Finance data: chipmaking machine exports to the US rose 42.6% YoY to $71.3M in March 2023, while exports to China dropped 33.7% YoY (www.bloomberg.com)
2023-4-13 China Taiwan

Ethereum successfully completes its Shanghai, or Shapella update, letting users withdraw staked ether tokens; ~1.2M ETH are expected to be withdrawn in a week (www.bloomberg.com)
2023-4-13 Ethereum Shanghai ETH

SoftBank plans to sell SoftBank Ventures Asia, which manages ~$2B in assets, to an entity led by Masayoshi Son's brother Taizo Son, for an undisclosed sum (www.bloomberg.com)
2023-4-13 Asia Asset

Sources: Apple made $7B+ of iPhones in India in the FY ended March 2023, exporting ~$5B worth; India accounted for ~7% of iPhones made, up from ~1% in 2021 (www.bloomberg.com)
2023-4-13 India Apple

Filings: FTX lawyers are exploring tax issues around rebooting FTX, billing $13.5M in February for recovering assets, exploring “long-term options”, and more (www.bloomberg.com)
2023-4-12 Tax Asset

PitchBook: global VC funding for crypto startups fell to $2.4B in Q1 2023, down 80% from an all-time high of $12.3B in Q1 2022 and the lowest level since 2020 (www.bloomberg.com)
2023-4-12 Startup

Despite bitcoin rallying to over $30K, El Salvador's total holdings of 2,546 bitcoin, acquired for around $108M, are worth just $77M (www.bloomberg.com)
2023-4-12 Bitcoin

Binance.US plans to delist the TRX token linked to Justin Sun's Tron from April 18 for failing to meet the expected standard of excellence; TRX drops ~4% (www.bloomberg.com)
2023-4-12

Sources: after Twitch cut ~15% of the staff who policed abusive or illegal content and folded an AI ethics team, ex-staffers worry content moderation will slip (www.bloomberg.com)
2023-4-12 AI

OpenAI partners with Bugcrowd to launch a bug bounty program, offering rewards from $200 to $20K but excluding some safety issues, like jailbreaks prompts (www.bloomberg.com)
2023-4-12

In draft guidelines, the Cyberspace Administration of China details plans to require a security review of generative AI tools before their release (www.bloomberg.com)
2023-4-11 China AI

South Korea fines Google ~$32M for squeezing out a rival app store by allegedly asking Korean and Chinese firms to release games exclusively in the Play Store (www.bloomberg.com)
2023-4-11 China Korea Google

Bitcoin rises above $30K for the first time since June 2022, rallying 80%+ since the start of 2023, but is still down 50%+ from its November 2021 all-time high (www.bloomberg.com)
2023-4-11 Bitcoin

Katie Cotton, Apple's former VP of worldwide communications for 18 years, who mostly worked directly for Steve Jobs before retiring in 2014, died on April 6 (www.bloomberg.com)
2023-4-11 Apple

Sources: Tyler and Cameron Winklevoss recently made a $100M loan to Gemini Trust, after their crypto exchange tried to raise funds from outside investors (www.bloomberg.com)
2023-4-11

Memo: Digital Currency Group's Foundry plans to begin levying a pool fee for its bitcoin mining service, which had been free since Foundry's 2019 launch (www.bloomberg.com)
2023-4-11 Bitcoin

Emirates Telecom plans to buy a 50.03% stake in Careem, the super app owned by Uber's Middle East unit, for $400M; Uber will own Careem's ride-hailing business (www.bloomberg.com)
2023-4-10 Uber

TSMC reports Q1 revenue up 3.6% YoY to ~$16.7B, below analysts forecasts, and March revenue down 15% YoY to ~$4.8B as electronics demand continues to fall (www.bloomberg.com)
2023-4-10

Shanghai-based SenseTime announces AI model SenseNova and chatbot SenseChat, available in Chinese and English, following Baidu's Ernie Bot (www.bloomberg.com)
2023-4-10 China AI chatbot Shanghai

Sources: in the past two weeks ~270 US Apple Stores held staff meetings on the risks of unionization, using the state of the Towson store as a cautionary tale (www.bloomberg.com)
2023-4-10 Apple

How the gambling industry has kept up with decades of computer-assisted tech developed to beat roulette, like wearable devices, timers, and predictive software (www.bloomberg.com)
2023-4-9

China's Lithium Hub Cuts Back Production After Price Collapse: Collapsing prices of lithium have prompted Chinese companies to rein in output of the key battery material at a top production hub. (www.bloomberg.com)
2023-4-8 China Battery

West Coast Ports Temporarily Shut Terminals on Labor Shortage (www.bloomberg.com)
2023-4-8

Canada's Economy Shows Surprising Strength Despite Rate Hikes (www.bloomberg.com)
2023-4-7 Canada

BOJ's Kuroda Bows Out After Decade of Shock and Awe Easing (www.bloomberg.com)
2023-4-7

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