Articles from www.bloomberg.com

Articles from www.bloomberg.com

Sweden's Underlying Inflation Rate Adds Pressure on Riksbank (www.bloomberg.com)
2023-2-21 Inflation Sweden

A social media post by two academics at the Chinese Academy of Sciences outlines plans to circumvent US chip sanctions, including patents on next-gen chipmaking (www.bloomberg.com)
2023-2-21 China

US Senators Seek to Stop Trade Cheats With Customs Arsenal Boost (www.bloomberg.com)
2023-2-20

Euro Area Braces for Era of Central-Bank Losses After QE Binge (www.bloomberg.com)
2023-2-20

Dow Jones' general counsel says OpenAI lacks a deal to use WSJ reporters' work to train its AI; source: CNN plans to ask OpenAI to pay to license its content (www.bloomberg.com)
2023-2-20 AI Dow Jones

Sources: KKR-owned BMC Software confidentially filed for a US IPO seeking a valuation of up to $15B; KKR acquired BMC in 2018 for $8.3B (www.bloomberg.com)
2023-2-20 IPO

Iran Nuclear Inspectors Detect Uranium Enriched to 84% Purity (www.bloomberg.com)
2023-2-20 Iran

US regulators expanding their crypto investigations has led some companies to look to financial hubs overseas, including Singapore, Hong Kong, Europe, and Dubai (www.bloomberg.com)
2023-2-19 Europe Hong Kong Singapore Dubai

Sources: the UK government will conduct a war-game exercise to prepare for a chip shortage if China invades Taiwan, which would cause dire economic consequences (www.bloomberg.com)
2023-2-18 China Taiwan

A look at the unraveling of John McAfee, cybersecurity software pioneer and crypto hawker who grew a conspiracy-minded fan base and built a fortune on paranoia (www.bloomberg.com)
2023-2-18 Conspiracy

Governments Spent Record $1 Trillion Last Year Subsidizing Fossil Fuels (www.bloomberg.com)
2023-2-18

Source: Binance is considering de-listing USDC and other tokens and ending relationships with US partners, including VC investments, amid regulatory scrutiny (www.bloomberg.com)
2023-2-18

The SEC says Do Kwon and Terraform Labs have withdrawn $100M+ in fiat currency from a Swiss bank since June 2022, after moving 10K+ Bitcoin out of a cold wallet (www.bloomberg.com)
2023-2-18 Bitcoin Switzerland

US Is No Longer the Millionaire Magnet It Was Before the Pandemic (www.bloomberg.com)
2023-2-17

Americans Have Nearly $1 Trillion in Credit Card Debt (www.bloomberg.com)
2023-2-17 U.S.

Tech CEO Salary Cuts Aren't Always the Sacrifice They Seem (www.bloomberg.com)
2023-2-17

Sources: US SEC plans to sue Terraform Labs for not registering its TerraUSD stablecoin and misleading investors about the coin's ability to keep its dollar peg (www.bloomberg.com)
2023-2-17

The FCC is investigating whether ISPs exaggerated their coverage to authorities preparing to distribute billions in subsidies for broadband in underserved areas (www.bloomberg.com)
2023-2-17

Older Americans Are Richer Than Thought, Census Bureau Says (www.bloomberg.com)
2023-2-17 U.S.

DoorDash announces a $750M stock buyback program and says Chief Financial Officer Prabir Adarkar will replace President Christopher Payne on March 1 (www.bloomberg.com)
2023-2-17

Shanghai-based esports tournament company VSPO raised a $265M Series C from Saudi Arabia's Savvy Games Group, seeking to reboot pro gaming in China after a lull (www.bloomberg.com)
2023-2-17 China Arabia Saudi Arabia Shanghai

A profile of FTX co-founder and CTO Gary Wang, a roommate to Sam Bankman-Fried at MIT who is cooperating with the US, as insiders say he may have key insights (www.bloomberg.com)
2023-2-16

Japan's Money Printers Will Soon Be Under New Management (www.bloomberg.com)
2023-2-16 Japan

Sources: a China-based former ASML employee stole data from Teamcenter, a Siemens-made internal tool used to store technical info, in the past couple of months (www.bloomberg.com)
2023-2-16 China Siemens

The Reserve Bank of India publishes a list of 32 entities, including Google Pay and Amazon Pay, that can act as online payment aggregators in the country (www.bloomberg.com)
2023-2-16 India Google Amazon

Worker Burnout Is Even Worse Than at the Peak of the Pandemic (www.bloomberg.com)
2023-2-16

Shopify reports Q4 revenue up 26% YoY to $1.73B, vs. $1.65B est., and GMV up 13% YoY to $61B, and forecasts a Q1 2023 revenue growth below expectations (www.bloomberg.com)
2023-2-16 4Q Shopify

Cisco reports Q2 revenue up 7% YoY to $13.6B and forecasts a Q3 revenue growth of 11% to 13% YoY, vs. ~6% est.; CSCO rises 7%+ after hours (www.bloomberg.com)
2023-2-16 Cisco

Sources: Apple has postponed the release of its MR headset from around April to June 2023, at its annual WWDC, after testing showed hardware and software issues (www.bloomberg.com)
2023-2-16 Apple

Amazon plans to stop buying from European distributors in 2024 and buy products directly from brands; Amazon's international unit losses totaled $7.75B in 2022 (www.bloomberg.com)
2023-2-16 Europe Amazon

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