Articles from www.bloomberg.com

Articles from www.bloomberg.com

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

Sources: Apple is exploring a push into smart glasses with Atlas, an internal study of products currently on the market, led by its Product Systems Quality team (www.bloomberg.com)
2024-11-5 Apple

The US NLRB alleges Grindr illegally imposed a return-to-office policy last year forcing out ~80 of its 178 staffers in an attempt to thwart a unionization push (www.bloomberg.com)
2024-11-5

Meta plans to use its AI-based “adult classifier” tool to identify young Instagram users who are lying about their age and automatically switch privacy settings (www.bloomberg.com)
2024-11-5 AI Instagram

Sources: iOS 18.2 may arrive during the week of December 2; thoughts on the Mac mini as a gaming device, the Pixelmator deal, Q4 earnings, and Peloton's new CEO (www.bloomberg.com)
2024-11-4 IOS 4Q

A Chainalysis study based on digital wallet use data from January 1, 2024 to October 8, 2024 suggests Tether's USDT has gained traction in EMEA time zones (www.bloomberg.com)
2024-11-3

Bitcoin's 2024 price rally masks a bleaker picture in the wider crypto market, with crypto VC investment remaining a far way off the 2021 bull market and more (www.bloomberg.com)
2024-11-2 Bitcoin

A judge rules Parag Agrawal and other former Twitter executives can proceed with claims that Elon Musk cheated them out of severance pay by terminating them (www.bloomberg.com)
2024-11-2 Twitter Elon Musk

Nvidia will replace Intel in the Dow Jones Industrial Average on November 8, after Amazon replaced Walgreens in February; Intel joined the index in 1999 (www.bloomberg.com)
2024-11-2 Amazon Intel Dow Jones Nvidia

A profile of YC Head of Public Policy Luther Lowe, who led a California pressure campaign against AI safety bill SB 1047 and aims to fight for “little tech” (www.bloomberg.com)
2024-11-2 AI California

The capital expenditures of Amazon, Alphabet, Meta, and Microsoft are set to total over $200B in 2024 as companies accelerate spending chasing AI (www.bloomberg.com)
2024-11-1 Amazon Microsoft AI Alphabet

Istanbul-based Insider, which offers AI-powered marketing and customer engagement tools, raised a $500M Series E led by General Atlantic, plans a US expansion (www.bloomberg.com)
2024-11-1 AI

Ex-Lacework CEO and Facebook's former global head of engineering Jay Parikh joins Microsoft's senior leadership team and will report directly to Satya Nadella (www.bloomberg.com)
2024-11-1 Microsoft Facebook

Sources: Waymo was valued at more than $45B, after it raised $5.6B last week, led by Alphabet (www.bloomberg.com)
2024-11-1 Alphabet

OpenAI unveils ChatGPT Search to let paid users search for timely information using GPT-4o, after testing the feature in July 2024, a direct challenge to Google (www.bloomberg.com)
2024-11-1 Google

A profile of Pepijn Van der Stap, a Dutch cyber prodigy who stole thousands of companies' data while also doing legitimate cybersecurity and is now in prison (www.bloomberg.com)
2024-11-1 Netherlands

Roblox reports Q3 revenue up 29% YoY to $919M, bookings up 34% YoY to $1.1B, above $1B est., and DAUs up 27% YoY to 88.9M; RBLX jumps 20%+ pre-market (www.bloomberg.com)
2024-11-1

Huawei reports Q3 revenue up 15.6% YoY to ~$23.7B and net profit down 70.5% YoY to ~$1.1B, a sign that the company may be struggling with its chipmaking yield (www.bloomberg.com)
2024-10-31

Peloton names Ford executive Peter Stern as CEO, starting January 1, to lead its turnaround, and projects Q2 subscriber numbers below analyst estimates (www.bloomberg.com)
2024-10-31 Ford

A profile of Pepijn van der Stap, a Dutch prodigy who hacked thousands of companies' data while also doing legitimate cybersecurity work and is now in prison (www.bloomberg.com)
2024-10-31 Netherlands

Amazon's threat intel unit is making a name for itself after years in the shadows, including disrupting Anonymous Sudan and combating anti-US disinformation (www.bloomberg.com)
2024-10-31 Amazon Intel

Ubisoft reports Q2 net bookings down 36% YoY to €352.3M, vs. €368M est., and expects Q3 net bookings of €380M, down from €626M in Q3 2023, as its big games flop (www.bloomberg.com)
2024-10-31

STMicro reports Q3 net revenue down 25% YoY to $3.25B and expects FY 2024 revenue to fall 25% YoY to ~$13.27B, at the lower end of its $13.2B to $13.7B forecast (www.bloomberg.com)
2024-10-31

Analysis: Taiwan has become Asia's best performing major stock market in 2024 thanks to TSMC and others, which make almost all of the critical AI hardware (www.bloomberg.com)
2024-10-31 Taiwan Asia AI

Many long-time game workers are ditching large productions in favor of smaller teams, enabled by growing accessibility of Unreal Engine and other powerful tools (www.bloomberg.com)
2024-10-31

South Korean government data: semiconductor production fell 3% YoY in September 2024, the first decline in 14 months, indicating slowing demand for memory chips (www.bloomberg.com)
2024-10-31 Korea

Source: Amazon's target deadline to unveil AI-upgraded Alexa has moved into 2025, after documents showed Amazon planned to unveil the product on Oct. 17, 2024 (www.bloomberg.com)
2024-10-31 Amazon AI

Siemens agrees to buy engineering software company Altair for ~$10B including debt, a 19% premium on Altair's October 21 closing price; deal to close in H2 2025 (www.bloomberg.com)
2024-10-31 Siemens

Sources: the European Commission plans to open formal DSA proceedings against Temu over concerns the platform is failing to curb the sale of illegal products (www.bloomberg.com)
2024-10-31 Europe

A profile of US voting machine maker Clear Ballot, which helps officials check paper ballots via its app, as Elon Musk spreads conspiracy theories about hacking (www.bloomberg.com)
2024-10-30 Elon Musk Conspiracy

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