Articles from www.bloomberg.com

Articles from www.bloomberg.com

Apple's future growth may come from several new Watch- or iPad-sized bets; visionOS 2.2 ultrawide Mac display option may be the Vision Pro's first killer app (www.bloomberg.com)
2024-11-11 Apple iPad

FTX sues Anthony Scaramucci, Crypto.com, Zuckerberg's FWD.US, and others to recoup SBF's “investments” as part of his “campaign of influence-buying” in 2022 (www.bloomberg.com)
2024-11-10 Zuckerberg

Analysis: US private construction spending on data centers grew to ~$30B/year, over 2x the amount in late 2022; global spending is on track to reach $250B/year (www.bloomberg.com)
2024-11-10

The 2024 US election cycle showed how crypto has turned out to be a practically perfect special interest group for an era of unlimited corporate spending (www.bloomberg.com)
2024-11-9

A US judge sentences Russian-Swedish national Roman Sterlingov to 12.5 years for operating crypto mixer Bitcoin Fog from 2011 to 2021, laundering ~$400M (www.bloomberg.com)
2024-11-9 Russia Bitcoin Sweden

Experts say the Trump administration's approach to cybersecurity is likely to focus on confronting China, relaxing regulations, narrowing CISA's focus, and more (www.bloomberg.com)
2024-11-9 Trump China

Some TikTok staff and users see Trump as a possible savior from the ban; others question whether Trump even cares about the app now that the campaign is over (www.bloomberg.com)
2024-11-9 Trump Ban

Sony reports Q2 revenue up 9% YoY to $19.45B, operating profit up 73% YoY to $2.96B vs. $2.18 est., and PS5 sales of 3.8M units, down from 4.9M units a year ago (www.bloomberg.com)
2024-11-8 Sony

Source: Baidu plans to unveil smart glasses with built-in cameras and voice support for AI model Ernie next week, launching as soon as early 2025 for under $299 (www.bloomberg.com)
2024-11-8 AI

An interview with Changpeng Zhao about his four months of incarceration, investing in X, forced separation from Binance, plans for the future, and more (www.bloomberg.com)
2024-11-8 Interview

Sources: OpenAI is in early talks with the California AG's office to become a for-profit company; a letter shows OpenAI also discussed it with Delaware's AG (www.bloomberg.com)
2024-11-8 California

Trump's win flips the idea that Elon Musk overpaid for X on its head, after Musk turned his feed into a Trump-inspired billboard for his 200M+ followers (www.bloomberg.com)
2024-11-8 Trump Elon Musk

France's gambling regulator says it is “aware” of Polymarket and is “currently examining its operation and compliance”, after user Fredi9999 made a $48M profit (www.bloomberg.com)
2024-11-7 France

TSMC SVP Cliff Hou says Taiwan must improve its chip tech to maintain its global leadership; in October, Trump said that Taiwan “stole 95% of our business” (www.bloomberg.com)
2024-11-7 Trump Taiwan

Adyen reports Q3 revenue up 20% YoY to €498.3M, vs. €503.3M est., and processed volume growth slowed to 32% from 45% in H1 2024; ADYEN falls 9%+ in Amsterdam (www.bloomberg.com)
2024-11-7

The US SEC's crypto-related enforcement is slated for a major rollback under President Trump, who has pledged to fire Gary Gensler on the first day in office (www.bloomberg.com)
2024-11-7 Trump

Qualcomm and Arm's earnings results show the smartphone industry making an uneven comeback, with both companies seeing a stronger demand for high-end models (www.bloomberg.com)
2024-11-7

Sources: TSMC and GlobalFoundries have finished negotiating agreements for billions of dollars in grants and loans under the CHIPS Act to support US factories (www.bloomberg.com)
2024-11-7

Arm reports Q2 revenue up 5% YoY to $844M, vs. $810.9M est., royalty revenue up 23% to $514M, and forecasts Q3 revenue below estimates (www.bloomberg.com)
2024-11-7

Sources: Saudi Arabia plans a new AI project to rival the UAE's tech hub, backed by $50B to $100B to invest in data centers, startups, new talent, and more (www.bloomberg.com)
2024-11-7 Startup AI Arabia Saudi Arabia

The EU Commission opens an antitrust investigation into smartphone glass maker Corning over allegedly abusing its market dominance to squeeze out rivals (www.bloomberg.com)
2024-11-6

Trump Media & Technology Group's stock jumps 30%+ in pre-market trading, hitting a $7B+ market cap, as Trump beats Kamala Harris; TSLA rises 13%+ pre-market (www.bloomberg.com)
2024-11-6 Trump

Nvidia closed up 2.9% at $139.93, hitting a $3.43T market cap and surpassing Apple at $3.38T and Microsoft at $3.06T; NVDA is up 850% since the end of 2022 (www.bloomberg.com)
2024-11-6 Microsoft Apple Nvidia

Coupang reports Q3 revenue up 27% YoY to $7.9B, net retail sales of $6.14B, vs. $6.24B est., and operating income below projections; CPNG drops 8% after hours (www.bloomberg.com)
2024-11-6 Retail

Sources: EU regulators are preparing to impose a fine on Apple, under the DMA, after it failed to let developers steer users to offers outside of the App Store (www.bloomberg.com)
2024-11-6 Apple

Polymarket confirms paying US-based influencers, including large Instagram meme accounts, to promote election betting despite being banned in the US (www.bloomberg.com)
2024-11-5 Instagram

The UK CMA says it would approve the £15B Vodafone-Three merger if they commit to investing £11B to upgrade the UK's network, ahead of a December 7 decision (www.bloomberg.com)
2024-11-5

Google, Temasek, and Bain: online spending in Southeast Asia will reach $263B in 2024, up 15% YoY, the lowest growth rate since at least 2017, amid inflation (www.bloomberg.com)
2024-11-5 Google Asia Southeast Asia

Sources: Canadian authorities arrested Alexander “Connor” Moucka, who is allegedly behind hacks in June and July of up to 165 Snowflake customers including AT&T (www.bloomberg.com)
2024-11-5 Canada AT&T

Sources: OpenAI is in early talks with the California AG's office to become a for-profit company; letter: it also has discussed the shift with the Delaware AG (www.bloomberg.com)
2024-11-5 California

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