Articles from www.bloomberg.com

Articles from www.bloomberg.com

Samsung unveils the Galaxy XR headset, with 4K Micro-OLED displays, Android XR, a Snapdragon XR2+ Gen 2 chip, and a battery pack, available for $1,799 (www.bloomberg.com)
4 days ago Android Samsung Battery

Polymarket and Kalshi surpassed $2B in notional trading volume in the week ending Oct. 19, exceeding the previous peak during the 2024 US presidential election (www.bloomberg.com)
4 days ago

Sources: Anthropic is in discussions with Google about a deal that would provide Anthropic with computing power valued in the high tens of billions of dollars (www.bloomberg.com)
4 days ago Google

Sources: Apple's foldable iPad with an 18" screen faces engineering challenges tied to weight, features, and display tech, pushing its debut to 2029 or later (www.bloomberg.com)
4 days ago Apple iPad

OnlyFans CEO Keily Blair says the platform has paid out $25B to creators since its founding in 2016; OnlyFans takes a 20% fee on subscriptions and content sales (www.bloomberg.com)
4 days ago

Brian Chesky says Airbnb didn't integrate its app with ChatGPT because ChatGPT integrations aren't “quite ready” yet, and he advised Sam Altman on ChatGPT apps (www.bloomberg.com)
4 days ago Airbnb

Insight Partners-owned Veeam agrees to acquire Securiti AI, which makes data security tools, for ~$1.73B in cash and stock, set to close first week of December (www.bloomberg.com)
4 days ago AI

Documents: OpenAI has more than 100 ex-investment bankers paid $150 per hour to train its AI to build financial models as part of its secretive Project Mercury (www.bloomberg.com)
4 days ago AI

CoreWeave says it won't increase its $9B offer for data center provider Core Scientific, despite opposition to the deal from major Core Scientific shareholders (www.bloomberg.com)
4 days ago

Apple challenges the DMA in the EU's General Court, saying it “imposes hugely onerous and intrusive burdens” at odds with Apple's rights in the EU marketplace (www.bloomberg.com)
4 days ago Apple

Anrok, which helps software companies automate sales tax compliance, raised a $55M Series C at a $525M valuation, up from $250M after raising $30M in April 2024 (www.bloomberg.com)
4 days ago Tax

Lagos-founded payments startup Moniepoint raised $90M at a $1B+ valuation, after raising $110M in October 2024, and says it processes $250B+ yearly transactions (www.bloomberg.com)
4 days ago Startup

A South Korean court dismisses a K-pop-related stock manipulation case against Kakao founder Brian Kim; prosecutors had sought a 15-year prison sentence (www.bloomberg.com)
4 days ago Korea

Doc: Google launched a Trusted Tester program that will select 15 of its “Superfans” to test unreleased Pixels, using protective cases to disguise the hardware (www.bloomberg.com)
5 days ago Google

CleanSpark shares jump 12%+ after the bitcoin miner expands into AI infrastructure, hiring Humain's president Jeffrey Thomas as SVP of AI data centers (www.bloomberg.com)
5 days ago Bitcoin AI

Nexperia accuses ousted CEO Zhang Xuezheng of spreading “falsehoods” that the chipmaker is now operating independently in China and of “unauthorized actions” (www.bloomberg.com)
5 days ago China

Counterpoint: iPhone 17 series outsold iPhone 16 by ~14% in the first 10 days of sales in the US and China; base iPhone 17 sales doubled over iPhone 16 in China (www.bloomberg.com)
5 days ago China iPhone

China says the NSA has been hacking its National Time Service Center, which provides high precision time services for the government and others, since 2023 (www.bloomberg.com)
6 days ago China

How Robinhood is expanding beyond commission-free trading into retirement accounts, tokenized equities, and sports betting, with some 27M people using its app (www.bloomberg.com)
7 days ago Equity

Shares of bitcoin mining companies pivoting to AI and HPC infrastructure have soared in 2025, with a fund tracking mining firms up 150% year-to-date (www.bloomberg.com)
7 days ago Bitcoin AI

Inside Hyperliquid, a booming DEX for perpetual crypto futures still controlled by a small insider group, raising questions about how decentralized it really is (www.bloomberg.com)
7 days ago Decentralize

Mexico-based fintech Plata, approved for a banking license in December 2024, raised $250M at a $3.1B valuation, as it seeks to transition to a full-fledged bank (www.bloomberg.com)
7 days ago Mexico Fintech

Sources: Li Lin, founder of crypto exchange Huobi, and some of Asia's earliest Ethereum backers have raised ~$1B to launch a digital asset trust to buy Ether (www.bloomberg.com)
8 days ago Asia Asset Ethereum

Sources: Suno is in talks to raise $100M+ at a $2B+ valuation, quadrupling its previous valuation; it raised $125M in 2024 and is generating $100M+ in ARR (www.bloomberg.com)
8 days ago

Sources: Revolut is nearing the completion of a $3B fundraising round that values the company at $75B, up from $45B in a 2024 secondary share sale (www.bloomberg.com)
8 days ago

Sources: French regulator ACPR is carrying out anti-money laundering checks on Binance and others, as it seeks to determine eligibility for EU MiCA licenses (www.bloomberg.com)
8 days ago France

Sources: Samsung to showcase its trifold phone at this month's APEC summit; attendees won't be allowed to touch it, as it's expected to be displayed under glass (www.bloomberg.com)
8 days ago Samsung APEC

Source: OpenAI expects to spend 20% to 30% less on AI chips co-developed with Broadcom than on chips from Nvidia, which is notoriously backlogged on GPU orders (www.bloomberg.com)
8 days ago AI Nvidia

Sources: Nintendo has asked manufacturers to produce as many as 25M Switch 2 units by the end of March 2026, surpassing analysts' estimates of 17.6M (www.bloomberg.com)
8 days ago Nintendo

Sources: Meta is set to seal an almost $30B financing package for its Louisiana data center; Meta will retain 20% ownership in the Hyperion data center site (www.bloomberg.com)
9 days ago

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