Articles from www.bloomberg.com

Articles from www.bloomberg.com

Polish lawmakers fail to override the president's veto on a crypto assets regulation bill; Poland is the last EU country not to adopt EU's crypto regulation (www.bloomberg.com)
2025-12-6 Asset Poland

Netflix has lined up a $59B unsecured bridge loan from Wells Fargo, BNP Paribas, and HSBC to support its WBD deal, one of the largest ever loans of its kind (www.bloomberg.com)
2025-12-6 HSBC Netflix

Sources: WBD begins exclusive talks with Netflix to sell its film and TV studios and HBO Max; Netflix is offering a $5B breakup fee if the deal isn't approved (www.bloomberg.com)
2025-12-5 Netflix

A look at Microsoft Excel's evolution, as it remains the most widely used spreadsheet software with 500M paying users despite competition from Google and others (www.bloomberg.com)
2025-12-5 Google Microsoft

Docusign reports Q3 revenue up 8% YoY to $818.4M, vs. $807.1M est., and forecasts Q4 revenue below estimates; DOCU drops 6%+ after hours (www.bloomberg.com)
2025-12-5 4Q

Chinese AI chipmaker Moore Threads raised ~$1.13B in the year's second-largest onshore IPO, valuing it at ~$7.6B, with the retail portion oversubscribed 2,750x (www.bloomberg.com)
2025-12-5 China IPO Retail AI

Phia, founded by Bill Gates' daughter Phoebe to develop an AI search engine accessed via an extension for Chrome and Safari, raised $30M at a $180M valuation (www.bloomberg.com)
2025-12-5 AI Chrome Bill Gates

Sources: Polymarket has recruited staff for a market making team that could face off against its customers; Kalshi's similar unit exposed Kalshi to criticism (www.bloomberg.com)
2025-12-5

Sources: Meta plans deep budget cuts to its metaverse efforts in 2026, potentially as high as 30% and most likely including layoffs as early as January (www.bloomberg.com)
2025-12-5 Layoffs Budget

Yann LeCun says his unnamed AI startup will not receive financial backing from Meta, will focus on advanced AI world models, and hints it will be Paris-based (www.bloomberg.com)
2025-12-5 Startup AI Paris

The EU says it is gathering information and feedback from ~200 stakeholders on Google's offer to fix alleged antitrust violations linked to its ad tech business (www.bloomberg.com)
2025-12-5 Google

Malaysian authorities are using drones, power sensors, and tips to hunt Bitcoin miners over power theft, which cost a state energy company $1.1B over five years (www.bloomberg.com)
2025-12-4 Bitcoin Energy Drone Malaysia

Sources: Beijing-based Cambricon plans to more than triple its AI chip production to 500K units in 2026, including 300K of its advanced Siyuan 590 and 690 chips (www.bloomberg.com)
2025-12-4 AI

Sources: SoftBank agrees to sell a large portion of its stake in InMobi back to the Indian mobile ad company for ~$250M, reducing its holding to <10% from 30%+ (www.bloomberg.com)
2025-12-4 India Mobile

In an interview, Dario Amodei suggests some AI companies are taking on too much risk by “YOLO-ing” and committing to spend hundreds of billions on data centers (www.bloomberg.com)
2025-12-4 Interview AI

A profile of Databricks co-founder Andy Konwinski, who pivoted from Jehovah's Witness to helping solve “species-level” problems by funding AI research (www.bloomberg.com)
2025-12-4 AI

Intel shelves plans to spin off or sell a stake in its networking division NEX, after deciding that the business is more likely to succeed as an internal unit (www.bloomberg.com)
2025-12-4 Intel

Jensen Huang says “we don't know” if China would accept Nvidia's H200 AI chips even if the US relaxed export controls, following a meeting with President Trump (www.bloomberg.com)
2025-12-4 Trump China AI Nvidia

Snowflake reports Q3 product revenue up 29% YoY to $1.16B, and forecasts Q4 adjusted operating income margin below estimates; SNOW drops 7%+ after hours (www.bloomberg.com)
2025-12-4 4Q

Apple interface design chief Alan Dye is leaving the company; sources: Dye will join Meta as chief design officer on Dec. 31 and report to CTO Andrew Bosworth (www.bloomberg.com)
2025-12-4 Apple

OpenAI's nonprofit foundation announces it's awarding $40.5M in grants this year to 208 nonprofits across the US; the nonprofit donated only $7.5M in 2024 (www.bloomberg.com)
2025-12-4

OpenAI agrees to buy Poland-based Neptune, which makes tools for analyzing progress during AI model training; the transaction will be in stock (www.bloomberg.com)
2025-12-4 AI Poland

TikTok plans to invest $37.7B+ to build a data center in Brazil's port of Pecém, partnering with Omnia and Casa dos Ventos, its first Latin American project (www.bloomberg.com)
2025-12-4 U.S. Brazil Latin America

Uber partners with Avride to launch robotaxi rides in Dallas, marking Uber's fourth US city to offer autonomous ride options after Phoenix, Austin, and Atlanta (www.bloomberg.com)
2025-12-3 Uber

Some YouTube creators are using AI video tools to make content for kids and babies, causing concern that their brains are being shaped by AI-generated videos (www.bloomberg.com)
2025-12-3 AI YouTube

YouTube says it will comply with Australia's social media ban for under-16s, after rejecting its inclusion in the crackdown and calling the regulation “rushed” (www.bloomberg.com)
2025-12-3 Australia YouTube Ban

After a backlash, India says its pre-installed cybersecurity app is optional for users, who “have complete freedom to activate, or delete the app at any time” (www.bloomberg.com)
2025-12-3 India

Check Point is raising $1.5B from the sale of a five-year zero-coupon convertible bond; proceeds will go toward buying back as much as $225M of stock (www.bloomberg.com)
2025-12-3

Adobe: US shoppers spent $14.25B online during Cyber Monday, up 7.1% YoY, compared with a 9.1% rise on Black Friday; five-day spending rose 7.7% YoY to $44.2B (www.bloomberg.com)
2025-12-3 Adobe Black Friday

Vista Equity-backed infrastructure software company LogicMonitor acquires Catchpoint, which monitors user experiences across the internet, for $250M+ in cash (www.bloomberg.com)
2025-12-3 Equity

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