Articles from www.bloomberg.com

Articles from www.bloomberg.com

G-7 Members Weigh Sanctioning Chinese Companies | Group of Seven member states are discussing whether to sanction companies in China, Iran and North Korea they believe are providing Russia with parts and technology that have military purposes (www.bloomberg.com)
2023-2-9 Russia China Korea Iran

Swedish police refuse to permit a Koran burning after a similar demonstration harmed its application to join NATO and sparked an outcry across the Muslim world (www.bloomberg.com)
2023-2-9 Muslim Sweden

Google and Microsoft's race to add AI chatbots to search results comes loaded with risk; Bing shows results in a sidebar with citations, something Google lacks (www.bloomberg.com)
2023-2-9 Google Microsoft AI chatbot

The UK CMA finds Microsoft's proposed $69B Activision Blizzard acquisition will harm competition in the UK's gaming market and asks Microsoft for remedies (www.bloomberg.com)
2023-2-8 Microsoft

Binance executive Leon Foong says a full audit will take “a longer time”, arguing accountants are still learning about crypto, after Mazars retracted its report (www.bloomberg.com)
2023-2-8

Masayoshi Son owes SoftBank ~$5.1B on side deals he set up to boost his compensation, as his unrealized losses grew ~$400M from three months before (www.bloomberg.com)
2023-2-8

Meituan plans to hire as many as 10K people this quarter as the company tries to fend off ByteDance's expanding delivery efforts in China; the stock drops 6%+ (www.bloomberg.com)
2023-2-8 China

Tencent Co-Founder Joins Funding for Chinese Air Taxi Startup (www.bloomberg.com)
2023-2-8 China Startup Tencent

US Plans to Sell Poland $10 Billion in Himars Rocket Launchers and Ammunition (www.bloomberg.com)
2023-2-8 Poland

Germany, Denmark and the Netherlands will supply Ukraine with 178 older generation Leopard 1 battle tanks (www.bloomberg.com)
2023-2-8 Germany Ukraine Netherlands

Sources: Meta is asking many of its managers and directors to transition to individual contributor jobs or leave, “flattening” the organization (www.bloomberg.com)
2023-2-8

Biden Will Call for Billionaire Tax, Bigger Levy on Stock Buybacks in State of the Union (www.bloomberg.com)
2023-2-8 Tax

Trump Charges in Georgia Over 2020 Could Lead to Bigger Fed Case (www.bloomberg.com)
2023-2-8 Trump

US-EU Minerals Deal ‘Promising' Route, German Economy Chief Says (www.bloomberg.com)
2023-2-7 Germany Europe

Fed's Kashkari Says Strong Jobs Data Show Need for More Hikes (www.bloomberg.com)
2023-2-7

Research: Australian startups raised AU$7.4B across 712 deals in 2022, down from AU$10.6B across 731 deals in 2021, as six startups hit unicorn status (www.bloomberg.com)
2023-2-7 Australia Startup

Citi's Apabhai Says Prepare for the Risk Fed Rates Hit 6% (www.bloomberg.com)
2023-2-7

Nintendo cuts its full-year earnings and revenue outlook, including operating income from ~$3.8B to ~$3.6B, and revises Switch sales forecasts from ~19M to ~18M (www.bloomberg.com)
2023-2-7 Nintendo

SoftBank reports a Q4 loss of ~$5B for its Vision Fund, its fourth straight quarterly loss, and investments of less than $350M in only a few startups (www.bloomberg.com)
2023-2-7 Startup 4Q

Baidu's stock rises 13%+ after the company announced that it plans to release ChatGPT-like service “Wenxin Yiyan”, or “Ernie Bot” in English, in March 2023 (www.bloomberg.com)
2023-2-7

Chinese Balloons Were Spotted Near US Bases During Trump's Era (www.bloomberg.com)
2023-2-7 Trump China

Bed Bath & Beyond Has Nothing But Itself to Blame for Impending Bankruptcy (www.bloomberg.com)
2023-2-7

100,000 Green Jobs Announced Since US Adopted Climate Law, Study Finds (www.bloomberg.com)
2023-2-7 Climate

What Does an Endgame Look Like in Ukraine? One by one, mainstream media is talking about ending the war and letting Russia keep Donbass and Crimea. Huge foreign policy failure for Biden. And waste of billions of $ (www.bloomberg.com)
2023-2-7 Russia Ukraine

Samsung executive Raju Pullan says the company has started making its Galaxy Fold, Flip, and S23 smartphones in India, seeking to surpass Xiaomi in the market (www.bloomberg.com)
2023-2-7 India Samsung Xiaomi

Influx of Counterfeit Cannabis Threatens New York's Nascent Legal Weed Market (www.bloomberg.com)
2023-2-7 New York

Meta Was Scraping Sites for Years While Fighting the Practice | Bloomberg (www.bloomberg.com)
2023-2-7

There Is Another Balloon Refusing to Land (www.bloomberg.com)
2023-2-7

ChatGPT Will Lead to Layoffs, But Traders Say They Will Be Fine (www.bloomberg.com)
2023-2-7 Layoffs

Turkey declines Elon Musk's offer to send Starlink after devastating earthquake (www.bloomberg.com)
2023-2-6 Turkey Elon Musk

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