Articles from www.bloomberg.com

Articles from www.bloomberg.com

Sources: Mark Zuckerberg, frustrated at Meta's AI shortfalls, is personally assembling a team of AI experts and met engineers at his homes in recent weeks (www.bloomberg.com)
4 days ago AI Zuckerberg

Roblox hires Paramount's Naveen Chopra as CFO starting June 30; Chopra previously held senior roles at Amazon and served as CFO at Pandora and TiVo (www.bloomberg.com)
4 days ago Amazon

Alibaba, Tencent, and other Chinese AI companies temporarily disabled chatbot functions like image recognition during China's annual college entrance exams (www.bloomberg.com)
5 days ago China Alibaba AI chatbot Tencent

Qualcomm agrees to acquire UK-listed Alphawave, which makes high-speed chip and connectivity tech for data centers, for $2.4B in cash, set to close in Q1 2026 (www.bloomberg.com)
5 days ago

Thoughts on the major design overhaul of Apple's OSes with “Liquid Glass” UI elements, which will launch at WWDC and set the stage for fresh hardware products (www.bloomberg.com)
6 days ago Apple

Sources: Meta is in talks for a potential multibillion-dollar investment in Scale AI, Meta's largest external AI investment; Scale AI was last valued at ~$14B (www.bloomberg.com)
6 days ago AI

An in-depth look at the US SEC's EDGAR system breach that was disclosed in 2017, as one of the key hackers, Olga Kuprina, says EDGAR remains a soft target (www.bloomberg.com)
6 days ago

Sources: ByteDance replaced some TikTok Shop's US staff in Seattle with China-based managers after 2024 revenue hit $9B, far short of its $17.5B goal (www.bloomberg.com)
7 days ago China Seattle

Simetrik, which uses AI to automate account reconciliation, raised a $30M Series B extension led by a Goldman Sachs Alternatives unit, taking the round to $85M (www.bloomberg.com)
7 days ago AI Goldman

Beijing-based Kuaishou's stock climbs after the company said it expects its video-generation service Kling AI to hit $100M in annual revenue by February 2026 (www.bloomberg.com)
7 days ago AI

An Indian government official says Starlink has secured a license from the telecom ministry to launch services in the country and now must apply for spectrum (www.bloomberg.com)
7 days ago India

Source: Milan Kovac, Tesla's head of engineering for Optimus humanoid robot program, is leaving; Ashok Elluswamy, who leads autopilot teams, will lead Optimus (www.bloomberg.com)
7 days ago Tesla Robot

What to expect at WWDC 2025: iOS 26 and other software branding changes, redesigned software interfaces, productivity enhancements, minor AI changes, and more (www.bloomberg.com)
8 days ago IOS AI

Source: Trump's World Liberty Financial sent a cease-and-desist letter to the company behind $TRUMP and to Magic Eden after they announced the $TRUMP Wallet (www.bloomberg.com)
8 days ago Trump

Cursor maker Anysphere raised $900M led by Thrive at a $9.9B valuation, bringing its total funding to $1B+ and says its annualized revenue crossed $500M (www.bloomberg.com)
8 days ago

Defense tech startup Anduril raised a $2.5B Series G led by Founders Fund, which invested $1B, at a $30.5B valuation, up from $14B in August 2024 (www.bloomberg.com)
9 days ago Startup

OnePlus unveils the $700+ OnePlus Pad 3, a 13.2-inch Android tablet with a Snapdragon 8 Elite chip, a <6mm thick body, 17 hours of battery life, and LCD display (www.bloomberg.com)
9 days ago Android Battery

Uber names longtime executive Andrew Macdonald as president and its first COO since 2019; SVP of Delivery Pierre-Dimitri Gore-Coty is leaving after ~13 years (www.bloomberg.com)
9 days ago Uber

Wise says it plans to shift main listing from London to New York, the latest blow to London's stock market, and will maintain a secondary listing on the LSE (www.bloomberg.com)
9 days ago New York London

23andMe plans to hold a new auction for its DNA data, opening with a $305M bid led by Anne Wojcicki, after the ex-CEO challenged Regeneron's winning bid in May (www.bloomberg.com)
9 days ago

DoorDash, Uber, and Grubhub agree to settle a 2021 lawsuit against New York City over its pandemic-era 15% cap to commissions and fees charged to restaurants (www.bloomberg.com)
9 days ago Uber New York

Meta CTO Andrew Bosworth says the “tides have turned” in Silicon Valley, making it more acceptable for the tech industry to support the US military's efforts (www.bloomberg.com)
9 days ago

Document: Xiaohongshu, a TikTok alternative known in the US as Rednote, has surged to a $26B valuation based on recent market transactions via a GSR fund (www.bloomberg.com)
9 days ago

Source: Circle priced its upsized IPO at $31 per share, above marketed range of $27 to $28, raising nearly $1.1B and valuing the company at approximately $6.9B (www.bloomberg.com)
9 days ago IPO

Two FCC commissioners announce they'll depart this week, creating three vacancies on the five-member panel amid a probe into EchoStar's 5G service obligations (www.bloomberg.com)
9 days ago 5G

Sources: Chinese hackers breached a US telecom company in the summer of 2023, a year before US officials and cybersecurity firms detected the Salt Typhoon hacks (www.bloomberg.com)
9 days ago China

Sources: JPMorgan aims to let clients use some crypto-linked assets as collateral for loans in the coming weeks, starting with BlackRock's iShares Bitcoin Trust (www.bloomberg.com)
10 days ago Bitcoin JPMorgan Asset

Microsoft says LinkedIn CEO Ryan Roslansky will now manage its Office group, reporting to EVP of Experiences and Devices Rajesh Jha; he will remain LinkedIn CEO (www.bloomberg.com)
10 days ago Microsoft LinkedIn

Google says hackers loosely affiliated with the Com in the US, the UK, and Europe breached 20+ companies in the US and Europe to steal Salesforce data (www.bloomberg.com)
10 days ago Europe Google Salesforce

Photos and partial footage of an FSD-enabled Tesla sideswiping a parked SUV and hitting a woman in November 2023 show FSD's limits; the NHTSA is investigating (www.bloomberg.com)
10 days ago Tesla

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