Articles from www.bloomberg.com

Articles from www.bloomberg.com

Samsung plans to cut memory chip production to a “meaningful level” after estimating that its Q1 operating profit fell 95%+ YoY to ~$450M, its worst since 2009 (www.bloomberg.com)
2023-4-7 Samsung

US Jobless Claims Show Emerging Cracks in a Strong Labor Market (www.bloomberg.com)
2023-4-7 Unemployment

US Census data: US chip imports rose 17% YoY to $4.86B in February 2023; Asia accounted for 82%, led by Malaysia at 20%, Taiwan at 15.1%, and Vietnam at 11.6% (www.bloomberg.com)
2023-4-6 Taiwan Asia Malaysia Vietnam

US lawmaker compares Xi to Hitler in meeting with Taiwan's VP (www.bloomberg.com)
2023-4-6 Taiwan

A look at Anthony Scaramucci's SkyBridge, which went from $9.2B assets in 2015 to $1.8B in 2022, and the FTX deal for a 30% stake in SkyBridge in September 2022 (www.bloomberg.com)
2023-4-6 Asset

Sources: Google and Amazon struggle to lay off workers in Germany, France, and other EU countries due to stringent labor laws and prolonged union negotiations (www.bloomberg.com)
2023-4-6 Germany France Google Amazon

Inflation reduction? (www.bloomberg.com)
2023-4-6 Inflation

AWS' Center for Quantum Networking partners with De Beers' Element Six division to grow artificial diamonds, hoping to revolutionize computer networks (www.bloomberg.com)
2023-4-5 Quantum

Sources detail Apple's efforts to shift production from China, including wooing other countries and assembling “tiger teams” to solve supply chain weaknesses (www.bloomberg.com)
2023-4-5 China Apple

Oil steadies near $81 With focus on US stockpiles and OPEC+ cuts (www.bloomberg.com)
2023-4-5 Oil OPEC

Fed's Mester Says Rates Should Rise Above 5%, Stay for Some Time (www.bloomberg.com)
2023-4-5

Ofcom says AWS, Azure, and Google may be limiting competition in the UK cloud computing market after a review since October 2022 and refers the case to the CMA (www.bloomberg.com)
2023-4-5 Google

MobileCoin says Chief Product Officer Bob Lee has died, remembering him as “a force of nature” who helped “birth Android and CashApp” as the first Square CTO (www.bloomberg.com)
2023-4-5 Android

Stormy Daniels Must Pay More to Trump's Lawyers, Court Says (www.bloomberg.com)
2023-4-5 Trump

Musk's Month Pushing Twitter Blue Failed to Win Many Subscribers (www.bloomberg.com)
2023-4-5 Twitter

Trump Loses Latest Bid to Block Ex-Aides' Grand Jury Testimony (www.bloomberg.com)
2023-4-5 Trump

Malaysia, China to Discuss ‘Asian Fund' to Cut US Dollar Dependency (www.bloomberg.com)
2023-4-5 China Asia Malaysia

Australia Pauses Interest Rate Increases, Waters Down Tightening Bias (www.bloomberg.com)
2023-4-5 Australia

British Pound Leads European Currency Rebound (www.bloomberg.com)
2023-4-4 Europe U.K. British Pound

SEMI report: Japan is expected to spend $7B on chipmaking equipment in 2024, up 82% on 2023, the largest in the world; China's spending is forecast to rise 2% (www.bloomberg.com)
2023-4-4 China Japan

Jamie Dimon Jabs Fed Over US Bank Crisis ‘Hiding in Plain Sight' (www.bloomberg.com)
2023-4-4

Capital Had Its Day. Now It's Labor's Turn, Troy's Lyon Says (www.bloomberg.com)
2023-4-4

How Indonesia's QR payment system, used by 22M+ merchants and set to double to 45M in 2023, helps the country bring its small businesses into the formal economy (www.bloomberg.com)
2023-4-4 Indonesia

Australia bans TikTok from government-issued devices, joining the US, UK, Netherlands, Canada, France, and others in taking action against the platform (www.bloomberg.com)
2023-4-4 France Australia Canada Netherlands

India Offers Rupee Trade Option to Nations Facing Dollar Crunch (www.bloomberg.com)
2023-4-4 India

Sources: Apple to eliminate a small number of its corporate retail staff, marking its first known cuts since embarking on a belt-tightening effort last year (www.bloomberg.com)
2023-4-4 Retail Apple

Sources: the resignation of Chris Inglis, the first US cyber director, was largely over clashes with another senior cybersecurity official, Anne Neuberger (www.bloomberg.com)
2023-4-4

US Urges EU to Sanction Chinese Satellite Firm Over Russia Aid (www.bloomberg.com)
2023-4-3 Russia China Europe

Less Than Half of US Workers Use All Their Vacation Days (www.bloomberg.com)
2023-4-3

Inflation Crisis Pulls European Countries Into a Food Fight (www.bloomberg.com)
2023-4-3 Europe Inflation

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