Articles from www.bloomberg.com

Articles from www.bloomberg.com

Sources: some at Apple think it is over two years behind the leaders in generative AI; a closer look at changes in Apple's HR and hardware engineering groups (www.bloomberg.com)
2024-10-21 AI Apple

In a letter, key US lawmakers urged Japan to strengthen restrictions on sales of chipmaking equipment to China or risk facing US curbs on Japanese companies (www.bloomberg.com)
2024-10-20 China Japan

Students, academics, and developers say AI writing detectors are most likely to falsely flag essays written in a more generic manner as written by AI tools (www.bloomberg.com)
2024-10-20 AI

Six months after bitcoin halving, some miners are keeping the Bitcoin they produce while an increasing number of companies are spending more on AI data centers (www.bloomberg.com)
2024-10-20 Bitcoin AI

DJI sues the US DOD for adding the drone maker to a list designating it as a Chinese military company, after failing to engage on the issue for over 16 months (www.bloomberg.com)
2024-10-19 China Drone

Netherlands unveils new rules requiring an export permit to sell quantum computers, quantum measurement equipment and chipmaking tech, and more outside the EU (www.bloomberg.com)
2024-10-19 Netherlands Quantum

Verizon will buy some of US Cellular's spectrum licenses for $1B, contingent on closing a deal announced in May to sell some US Cellular assets to T-Mobile (www.bloomberg.com)
2024-10-19 Mobile Asset

Sources: the EU warns X that it may calculate fines against X by including Elon Musk's other companies' revenue; the DSA can fine 6% of global annual revenue (www.bloomberg.com)
2024-10-17 Elon Musk

An interview with Uber CEO Dara Khosrowshahi on autonomous cars, lobbying regulators to get more EVs on the road, flying taxis, climate goals, and more (www.bloomberg.com)
2024-10-17 Uber Interview Climate Autonomous Car

TSMC reports Q3 revenue up 39% YoY to ~$23.6B and net income up 54.2% YoY to ~$10.1B, both above estimates, boosted by strong sales of Nvidia AI chips (www.bloomberg.com)
2024-10-17 AI Nvidia

Boston Dynamics and Toyota Research Institute partner to speed up development of humanoid robots using TRI's large behavior models and Boston Dynamics' Atlas (www.bloomberg.com)
2024-10-17 Robot Toyota Boston Dynamics

Apple's chief people officer, Carol Surface, is leaving after joining in early 2023; retail chief Deirdre O'Brien is reassuming oversight of human resources (www.bloomberg.com)
2024-10-17 Retail Apple

Instacart names Anirban Kundu, head of engineering for Uber's delivery business, as its new CTO, a position that has been vacant for eight months (www.bloomberg.com)
2024-10-17 Uber

ASML CEO Christophe Fouquet says he expects a slow chip market recovery to extend “well into 2025” due to “customer cautiousness”, as the US' China rules bite (www.bloomberg.com)
2024-10-17 China

Lightmatter, which uses silicon photonics with waveguides instead of wires in chips, raised a $400M Series D led by T. Rowe Price at a $4.4B valuation (www.bloomberg.com)
2024-10-17

Airbnb launches the Co-Host Network to help homeowners hire fellow hosts to manage their rentals in the US, the UK, Canada, France, Spain, and Brazil (www.bloomberg.com)
2024-10-17 France Airbnb Canada Spain Brazil

A profile of Neuralink's top neurosurgeon Matthew MacDougall, who has worked there for seven years and is an even-keeled, affable counterbalance to Elon Musk (www.bloomberg.com)
2024-10-16 Elon Musk

ASML's stock falls the most since 1998 after projecting sluggish sales, erasing €50B from its market cap and causing Nvidia and other chip stocks to fall (www.bloomberg.com)
2024-10-16 Nvidia

Filing: US prosecutors ask a judge to sentence Ilya Lichtenstein, mastermind of the 2016 Bitfinex hack, to five years in prison; sentencing is due in November (www.bloomberg.com)
2024-10-16

Overseas share sales by Taiwanese companies, led by chipmakers and hardware manufacturers, have totalled $2.9B so far in 2024, on track for the most since 2007 (www.bloomberg.com)
2024-10-16 Taiwan

Filing: Elon Musk poured ~$75M into his pro-Trump America PAC, making seven donations between July 3 and September 5; Musk was the PAC's only donor (www.bloomberg.com)
2024-10-16 Trump U.S. Elon Musk

Filings: Marc Andreessen and Ben Horowitz each donated $2.5M to pro-Trump super PAC Right For America; Andreessen also gave ~$844K to the GOP and Trump campaign (www.bloomberg.com)
2024-10-16 Trump U.S. Republican

Sources: Qualcomm is likely to wait until after the US presidential election in November before deciding whether to pursue an offer to buy Intel (www.bloomberg.com)
2024-10-16 Intel

ASML reports Q3 order bookings down 53% QoQ to €2.6B, far below €5.39B est., and Q3 net income of €2.1B, in results apparently released early; ASML drops 15%+ (www.bloomberg.com)
2024-10-16

Data center developer DataBank raised $2B led by the AustralianSuper pension fund to build three US facilities, taking its total raised to $4B+ in the past year (www.bloomberg.com)
2024-10-15

The US awards $750M to Wolfspeed, which makes EV chips, alongside $750M in financing led by Apollo to build new $6B+ factories in North Carolina and New York (www.bloomberg.com)
2024-10-15 New York

Alphabet's stock has fallen 15%+ from its $191.18 record high on July 10, as the DOJ seeks a breakup of Google (www.bloomberg.com)
2024-10-15 Google Alphabet

Farther, which makes software for financial advisers, raised $72M led by CapitalG and Viewpoint Ventures at a $542M valuation, taking its total funding to $117M (www.bloomberg.com)
2024-10-15

Report: 47% of traditional hedge funds have crypto investments, up from 29% in 2023; amongst the funds that invested in crypto, 33% plan to invest more in 2024 (www.bloomberg.com)
2024-10-15

Sources: in negotiations with California lawmakers, Google insisted that the state use taxpayer funds as a precondition to spending $110M to support journalism (www.bloomberg.com)
2024-10-15 Google California

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