Articles from www.bloomberg.com

Articles from www.bloomberg.com

US Home Sales Eke Out Gain to Cap Disappointing Year on Rates (www.bloomberg.com)
2023-1-27

US Economy Expands at a Faster-Than-Expected 2.9% Pace (www.bloomberg.com)
2023-1-27

EU Sees Legal Grounds to Use Seized Russian Central Bank Assets (www.bloomberg.com)
2023-1-27 Russia Europe Asset

How Economies Fare During Strikes (www.bloomberg.com)
2023-1-27

German software maker SAP plans to cut ~3,000 jobs in 2023, or 2.5% of its staff, and explore selling its remaining Qualtrics stake; SAP stock is down 12% YTD (www.bloomberg.com)
2023-1-26 Germany

Analysis: SoftBank's new startup bets hit a record low in Q4 2022, with eight investment rounds totaling $2.1B; source: Vision Fund investments were below $350M (www.bloomberg.com)
2023-1-26 Startup 4Q

Lam Research, one of the three biggest providers of chip manufacturing equipment in the US, plans to cut ~7% of its workforce, or about 1,300 jobs worldwide (www.bloomberg.com)
2023-1-26 Manufacturing

DirecTV Drops Newsmax Channel in Dispute Over Fees (www.bloomberg.com)
2023-1-26

Treasury Warns of Russia Elites Evading Sanctions in Real Estate (www.bloomberg.com)
2023-1-26 Russia

IBM plans to lay off about 1.5% of its global workforce, or around 3,900 jobs, focusing on workers who remained after spinning off Kyndryl and Watson Health (www.bloomberg.com)
2023-1-26 IBM

How Elon Musk's Twitter usage and stewardship is making him toxic for many Tesla customers and shareholders at a time when the company badly needs new business (www.bloomberg.com)
2023-1-26 Tesla Twitter Elon Musk

Amsterdam-listed e-commerce company Prosus and parent Naspers plan to lay off 30% of their corporate workforce; Prosus employed 30,000 globally in March 2022 (www.bloomberg.com)
2023-1-26

Sources: the FBI and DOJ are examining Snapchat's role in the spread and sale of fentanyl-laced pills in the US, as part of a broader investigation (www.bloomberg.com)
2023-1-26 Snapchat FBI

German Business Outlook Brightens as Recession May Be Dodged (www.bloomberg.com)
2023-1-26 Germany

NYC-based Precision Neuroscience, co-founded by a Neuralink co-founder to create a less invasive brain implant to track diseases, raised a $41M Series B (www.bloomberg.com)
2023-1-26

Texas Instruments reports Q4 revenue down 3.4% YoY to $4.67B, breaking a run of double-digit growth since 2020, and issues tepid Q1 guidance below estimates (www.bloomberg.com)
2023-1-25 4Q Texas

After unofficial walkouts in 2022, hundreds of Amazon workers in a UK warehouse are striking, an unprecedented step by UK workers, after 98% voted in favor (www.bloomberg.com)
2023-1-25 Amazon

Adani Group Stocks Drop After Hindenburg Takes Short Position (www.bloomberg.com)
2023-1-25 Stock

YouTube Illegally Uses Return-to-Office Push to Derail Union, Complaint Claims (www.bloomberg.com)
2023-1-25 YouTube

Research: African tech startups raised $1.55B in 71 debt deals in 2022, up from $767M in 2021, and startup funding rose 8% YoY, compared to a 35% drop globally (www.bloomberg.com)
2023-1-25 Startup Africa

Germany to Give Poland Approval This Week to Send Tanks to Ukraine (www.bloomberg.com)
2023-1-25 Germany Ukraine Poland

Big Tech Is Going to Regret All These Layoffs (www.bloomberg.com)
2023-1-25 Layoffs

‘Don't Waste Your Time,' RNC Tells Potential Debate Hosts (www.bloomberg.com)
2023-1-25

The DOJ sues Google, joined by California and seven other US states, calling to break up its adtech business over alleged monopolization of the US ad market (www.bloomberg.com)
2023-1-25 Google California

Nigeria Central Bank Hikes Rates by More Than Expected on Prices (www.bloomberg.com)
2023-1-24 Nigeria

Binance acknowledges mistakenly storing collateral for some of its tokens in the same wallet as customer funds; reserves for around 47 coins are in one wallet (www.bloomberg.com)
2023-1-24

Poland has formally requested Germany's permission to send Leopard 2 battle tanks to Ukraine (www.bloomberg.com)
2023-1-24 Germany Ukraine Poland

Sources: bankrupt crypto lender BlockFi plans to sell $160M of loans backed by ~68K bitcoin mining rigs; some have already defaulted or seem undercollateralized (www.bloomberg.com)
2023-1-24 Bitcoin

A manager at Activision Blizzard's Blizzard unit, who oversaw World of Warcraft Classic, departs after internally criticizing the company's stack ranking system (www.bloomberg.com)
2023-1-24

Chinese gamers lose access to Blizzard's games after its 14-year partnership with NetEase ended; servers hosting the games shutdown in China on January 23 (www.bloomberg.com)
2023-1-24 China

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