Articles from www.bloomberg.com

Articles from www.bloomberg.com

Sources: Samsung and Perplexity in talks about an investment, preloading Perplexity's app on Samsung devices, adding its search to Samsung's browser, and more (www.bloomberg.com)
2025-6-2 Samsung Browser

A profile of prediction market Kalshi, which is using its federal financial license to open up sports gambling across the US, even in states where it is illegal (www.bloomberg.com)
2025-6-2

Sources: UMG, Warner Music, and Sony Music are in talks to license their work to AI music services Udio and Suno and settle copyright infringement lawsuits (www.bloomberg.com)
2025-6-2 AI Sony

A look at Apple's AI plans for WWDC; sources: macOS 26 will be named Tahoe and Apple is testing its 3B, 7B, 33B, and 150B AI models via internal tool Playground (www.bloomberg.com)
2025-6-2 AI Apple

Microsoft and the CWA reach a tentative contract agreement for ~300 ZeniMax QA workers after two years of talks, marking Microsoft's first US union contract (www.bloomberg.com)
2025-6-1 Microsoft

Grow a Garden, a hit game on Roblox, has spawned a market where in-game items are sold for real money on sites like eBay, potentially violating Roblox's ToS (www.bloomberg.com)
2025-5-31 eBay

Sources: TikTok Shop cuts several hundred jobs in Indonesia, leaving Tokopedia and TikTok Shop with ~2,500 employees in the country, down from ~5,000 last year (www.bloomberg.com)
2025-5-31 Indonesia

Docs and sources: Builder.ai faked business with Bengaluru-based VerSe, which runs the Dailyhunt news app, by “round-tripping” sales worth ~$60M from 2021-2024 (www.bloomberg.com)
2025-5-31 AI

Vista Equity Partners agrees to acquire ERP software provider Acumatica from PE firm EQT, sources say in a deal that values Acumatica at ~$2B including debt (www.bloomberg.com)
2025-5-31 Equity ERP

Sources: Elon Musk is pushing lawmakers to help clear a path for driverless vehicles and has been weighing in on revisions of a bill on autonomous vehicles (www.bloomberg.com)
2025-5-31 Elon Musk Autonomous Car

Sources: Abridge, which uses AI to transcribe medical chats, is raising $300M led by a16z at a $5.3B valuation, up from $2.75B in February when it raised $250M (www.bloomberg.com)
2025-5-31 AI

Sources: Trump administration plans to expand Entity List restrictions to cover subsidiaries of Chinese companies, aiming to block workarounds via new offshoots (www.bloomberg.com)
2025-5-31 Trump China

Sources: TSMC is evaluating building a “gigafab” in the UAE and has discussed the possibility with MGX and officials in the Trump administration (www.bloomberg.com)
2025-5-31 Trump

Meta's Anduril deal shows how much has changed in the past couple of years in Silicon Valley, where developing war tech was once considered a hard red line (www.bloomberg.com)
2025-5-30

ClickHouse, which offers an OLAP database management system, raised $350M led by Khosla, a source says at a $6.35B valuation; it is nearing an ARR of $100M (www.bloomberg.com)
2025-5-30 Database

DeepSeek says its R1 update can perform mathematics, programming, and general logic better than the previous version, and comes close to o3 and Gemini 2.5 Pro (www.bloomberg.com)
2025-5-29 Mathematics programming

Beijing-based Kuaishou updates its Kling video-generation tool to cut the cost and time to create clips, and says it can generate 1080p videos in under a minute (www.bloomberg.com)
2025-5-29

Nvidia CEO Jensen Huang says Chinese AI rivals are filling the void left by US companies leaving China and Huawei has become “quite formidable” (www.bloomberg.com)
2025-5-29 China AI Nvidia

Source: Victoria's Secret stops some office operations and tells staff to avoid using its tech amid a “security incident” that also disrupted its website (www.bloomberg.com)
2025-5-29

A profile of FPT, Vietnam's largest listed tech company, which is playing a crucial role in the country's ambition to compete with regional rivals in AI (www.bloomberg.com)
2025-5-29 AI Vietnam

A look at YouTube's changes to become viewers' preferred TV service and to appeal more to advertisers, and at creators' push into sitcoms, like Alan's Universe (www.bloomberg.com)
2025-5-29 YouTube

Source: Tesla is poised to begin its long-awaited robotaxi service in Austin on June 12 (www.bloomberg.com)
2025-5-29 Tesla

India asks e-commerce platforms and retailers to remove “dark patterns” or deceptive actions that manipulate customers into making unintended purchases (www.bloomberg.com)
2025-5-29 India

Sources: Apple's next operating systems will be called iOS 26, macOS 26, watchOS 26, and more, as it plans a rebrand with numbers based on the upcoming year (www.bloomberg.com)
2025-5-29 IOS Apple

Anthropic appoints Netflix co-founder and Chairman Reed Hastings to its board of directors, as the company balances growth with its stated focus on safety (www.bloomberg.com)
2025-5-29 Netflix

Bell Canada plans to invest hundreds of millions to build data centers in six Canadian cities; the first, set to launch in June, has Groq as an anchor tenant (www.bloomberg.com)
2025-5-29 Canada

DeepSeek completes a “minor trial upgrade” to R1 and says users can now start testing it, according to its post in an official WeChat group (www.bloomberg.com)
2025-5-28 WeChat

A look at Sea-Lion, a $52M Singapore government-backed AI initiative developing LLMs attuned to the societal and cultural nuances of the Southeast Asian region (www.bloomberg.com)
2025-5-28 AI Singapore Southeast Asia

A recent surge in high-profile cyberattacks is boosting cyber insurers' prospects, with global premium volume expected to hit ~$30B by 2030, growing at 10% YoY (www.bloomberg.com)
2025-5-28

Circle aims to raise up to $624M in its US IPO, offering 24M shares at $24-$26 each, valuing it at ~$5.65B, or ~$6.7B fully diluted, at the top of the range (www.bloomberg.com)
2025-5-28 IPO

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