Articles from www.bloomberg.com

Articles from www.bloomberg.com

Samsung Electronics rejects a labor union-accepted mediation proposal, raising the prospect of a workers' strike; a general work stoppage will proceed on May 21 (www.bloomberg.com)
2026-5-20 Samsung

Sources detail growing concerns inside SoftBank over Masayoshi Son's $60B+ bet on OpenAI, which some fear concentrates too much capital into a single company (www.bloomberg.com)
2026-5-20

Sources: SpaceX expects to proceed with its acquisition of Cursor 30 days after its public trading debut, which is expected to occur on June 12 (www.bloomberg.com)
2026-5-20 SpaceX

Roblox authorizes its first share buyback program, aiming to repurchase up to $3B of its stock, including $1B over the next year; RBLX is down ~45% YTD (www.bloomberg.com)
2026-5-20

Sources: Google DeepMind has reached a ~$100M deal to hire 20+ researchers from Contextual AI, including CEO Douwe Kiela, and license its technology (www.bloomberg.com)
2026-5-20 Google AI

At a hearing, two of three judges of a federal appeals court appeared skeptical of Anthropic's bid to block the DOD from designating it a supply-chain risk (www.bloomberg.com)
2026-5-20

Sources: Apple Chief Hardware Officer Johny Srouji is reorganizing hardware development to integrate silicon teams with product creation and speed up their work (www.bloomberg.com)
2026-5-20 Apple

NYSE owner Intercontinental Exchange partners with financial infrastructure company Ornn to launch USD-denominated futures contracts for computing power (www.bloomberg.com)
2026-5-20

NextEra's $67B deal for Dominion, the largest utility acquisition in US history, signals an era of utility consolidation to accommodate AI-driven power demand (www.bloomberg.com)
2026-5-19 AI

CertiK: physical attacks on crypto holders rose 75% YoY to 72 confirmed cases and $41M in known losses in 2025; Coinbase spent ~$7.6M to protect Brian Armstrong (www.bloomberg.com)
2026-5-19 Coinbase

Chinese flash memory chipmaker YMTC says it officially initiated a pre-listing tutoring process with local brokers, marking the first formal step toward an IPO (www.bloomberg.com)
2026-5-19 China IPO

Sources: Chinese AI startup Moonshot told investors it would revamp its corporate structure to pave the way for a Hong Kong IPO and comply with Beijing's rules (www.bloomberg.com)
2026-5-19 China Hong Kong IPO Startup AI

Monzo reports FY 2026 revenue up 39% YoY to £1.7B, pre-tax profit up 44% to £87.3M, users up 3M to 15M+, and deposits up 55% to £25.7B, as it expands lending (www.bloomberg.com)
2026-5-19 Tax

Sources: Analog Devices, one of the largest analog chip makers, is in talks to buy Empower, which makes chips used to regulate voltage, for $1.5B in cash (www.bloomberg.com)
2026-5-19

A deep dive into Meta's Hyperion data center campus in Louisiana, expected to reach 5 GW of compute capacity; source: Meta plans to spend $200B+ on the project (www.bloomberg.com)
2026-5-19

Sources: AI chip designer Tenstorrent has drawn takeover interest from Intel and Qualcomm; Tenstorrent could be valued at more than $5B in a potential deal (www.bloomberg.com)
2026-5-19 Intel AI

Akamai is seeking to raise $2.6B in a convertible bond offering, and plans to use $350M of the offering to buy back its common stock from buyers of the bonds (www.bloomberg.com)
2026-5-19

Uber increases its stake in Delivery Hero to 19.5%, up from 7% in April, and says it “has no intent to acquire 30% or more” of Delivery Hero's voting rights (www.bloomberg.com)
2026-5-19 Uber

Sources: competition for Google's TPUs among its employees and researchers intensified as it prioritizes cloud customers and flagship AI products over research (www.bloomberg.com)
2026-5-19 Google AI

NextEra's $67B deal to buy Dominion, the largest utility merger in US history, signals a new era of utility consolidation to accommodate AI-driven power demand (www.bloomberg.com)
2026-5-19 AI

Internal chats: in March, xAI offered employees $420 in exchange for completed tax filings as training data for Grok, but the bonuses haven't been paid out (www.bloomberg.com)
2026-5-19 Tax

Iranian media: Iran launches “Hormuz Safe”, a Bitcoin-backed insurance service for shipping companies transiting the Strait of Hormuz; ~1,500 ships are trapped (www.bloomberg.com)
2026-5-18 Bitcoin Iran Insurance

The Vatican says Anthropic co-founder Christopher Olah will join Pope Leo on May 25 to launch the pope's first encyclical, setting out his views on the AI age (www.bloomberg.com)
2026-5-18 AI

Sources: internal competition among Google staff and researchers for TPUs intensified as it prioritizes cloud customers and flagship AI products over research (www.bloomberg.com)
2026-5-18 Google AI

How gambling companies like FanDuel and DraftKings, as well as Meta and a16z's founders, are pouring millions into state-level election campaigns via super PACs (www.bloomberg.com)
2026-5-18

Polymarket and Kalshi continue to operate in India despite a government advisory on April 25, directed at VPN providers, labeling prediction markets “illegal” (www.bloomberg.com)
2026-5-18 India VPN

Samsung's shares jumped as much as 6.7% after the company resumed talks with its union and a court partially granted an injunction against illegal union actions (www.bloomberg.com)
2026-5-18 Samsung

Sources: Apple's revamped Siri may launch in beta, and will have an option to auto-delete chats; Apple plans to add Suggested Genmoji to iOS 27 and iPadOS 27 (www.bloomberg.com)
2026-5-18 IOS Apple

Vietnam's government, which once saw video games as a social risk, named gaming as one of its key cultural industries in 2025 and now promotes them at expos (www.bloomberg.com)
2026-5-17 Vietnam

ASML will partner with Tata Electronics to help it bring an $11B 300mm chip factory online in Gujarat, expanding India's ability to produce chips domestically (www.bloomberg.com)
2026-5-17 India

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