Articles from www.bloomberg.com

Articles from www.bloomberg.com

Micron reports Q1 revenue down ~47% YoY to $4.09B and plans to reduce its workforce by ~10% over the next year; Micron had 48,000 employees in September 2022 (www.bloomberg.com)
2022-12-22

NYC Starts Legal Weed Sales in Time for the New Year, and the Profits Go to Charity (www.bloomberg.com)
2022-12-22

A Bahamas judge approves Sam Bankman-Fried's extradition to the US; SBF's case will now go to the Bahamas foreign minister for sign-off (www.bloomberg.com)
2022-12-22

Argentina's Elaborate Ploy to Lure Tourists Has Begun (www.bloomberg.com)
2022-12-22

Putin Pledges Unlimited Spending to Ensure Victory in Ukraine (www.bloomberg.com)
2022-12-22 Putin Ukraine

Private Jet Costs, Sketchy Deductions Among Red Flags in Trump Taxes (www.bloomberg.com)
2022-12-22 Trump Tax

Truth Is Reasserting Itself Over Trump's Lies (www.bloomberg.com)
2022-12-22 Trump

Ukrainian Vice PM Mykhailo Fedorov expects 10K+ more Starlink terminals to arrive in the coming months, saying “all financial issues have been resolved” for now (www.bloomberg.com)
2022-12-21 Ukraine

The European Union opens an investigation into Broadcom's proposed $61B VMware acquisition, after EU regulators warn over its impact on prices and innovation (www.bloomberg.com)
2022-12-21 Europe VMware

Russia's Oil Exports Collapsed Since G-7 Sanctions Began (www.bloomberg.com)
2022-12-21 Russia

Wells Fargo to Pay $3.7 Billion for Mistreating Customers (www.bloomberg.com)
2022-12-21

Economists Place 70% Chance for US Recession in 2023 - Bloomberg (www.bloomberg.com)
2022-12-21

US Housing Starts Fall for a Third Month, Building Permits Drop (www.bloomberg.com)
2022-12-21 Real Estate

Auto parts maker Magna agrees to acquire a driver-assistance unit from SSW Partners for about $1.5B in cash and expects combined sales to reach $3B in 2024 (www.bloomberg.com)
2022-12-21

Yen Surges as Kuroda's Yield Cap Shock Heralds BOJ Normalization (www.bloomberg.com)
2022-12-20

Changpeng Zhao confirms Binance acquired the remaining 49% stake in Indonesia's crypto exchange Tokocrypto; the unit will cut 58% of jobs and replace its CEO (www.bloomberg.com)
2022-12-20 Indonesia

Australia Considered Pausing Rate Hikes at December Meeting (www.bloomberg.com)
2022-12-20 Australia

Remote work and tech layoffs hollow out San Francisco, where only 43.1% of workers are back at offices, compared to LA's 46.1%, NYC's 47.6%, and Austin's 62.7% (www.bloomberg.com)
2022-12-20 Layoffs San Francisco

Elon Musk, in a reply to a tweet suggesting that voting on policy decisions should be restricted to Blue subscribers, says “Twitter will make that change” (www.bloomberg.com)
2022-12-20 Twitter Elon Musk

Analysis of Elon Musk's reported attempts to raise more money through an equity sale at an absurd price, why his successor's job will be unenviable, and more (www.bloomberg.com)
2022-12-20 Elon Musk Equity

Cheap Weed Has Become a Big Problem in the Pot Industry (www.bloomberg.com)
2022-12-20

Canada Goes After $26 Million in Assets From Russian Oligarch Abramovich (www.bloomberg.com)
2022-12-20 Russia Canada Asset

Meta CTO Andrew Bosworth says the company plans to devote ~20% of its overall costs and expenses to Reality Labs in 2023, up from 18% in Q3 2022 (www.bloomberg.com)
2022-12-20

Binance.US agrees to acquire Voyager Digital's assets out of bankruptcy in a deal worth $1.022B, subject to approval at a hearing on January 5 (www.bloomberg.com)
2022-12-20 Asset

Highest Interest Rates in 15 Years Are Derailing the American Dream (www.bloomberg.com)
2022-12-19 U.S.

Crypto.com's 2022 World Cup sponsorship, a symbol of how aggressively crypto companies spent on ads to gain users, was largely overshadowed by FTX's collapse (www.bloomberg.com)
2022-12-19

The European Commission sends Meta a statement of objection for possible antitrust breaches over tying Marketplace to Facebook and imposing unfair trading terms (www.bloomberg.com)
2022-12-19 Europe Facebook

UK's Next Budget Will Take Place on March 15, Jeremy Hunt Says (www.bloomberg.com)
2022-12-19 Budget

Binance's BNB token dropped 9% over the past month, even as bitcoin remains steady, after record outflows; BNB has jumped over 1,600% in the past three years (www.bloomberg.com)
2022-12-19 Bitcoin

Sources and analysis: Twitter's Community Notes doesn't address lies that are divisive; 30K+ or ~96% of notes contributed by community are not visible to users (www.bloomberg.com)
2022-12-19 Twitter

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