Articles from www.bloomberg.com

Articles from www.bloomberg.com

Sources: crypto exchange and custodian Gemini has filed confidentially for an IPO; the company is reportedly considering going public as soon as this year (www.bloomberg.com)
2025-3-8 IPO

Sources: Craig Federighi and other Apple executives voiced concerns that personalized Siri didn't work properly; some think it has to be rebuilt from scratch (www.bloomberg.com)
2025-3-8 Apple

Sources: Kraken seeks to go public as soon as Q1 2026; the SEC recently agreed to drop its case against Kraken amid a friendlier regulatory climate under Trump (www.bloomberg.com)
2025-3-8 Trump Climate

Sources: Cursor maker Anysphere is in talks to raise hundreds of millions at a $10B valuation, up from $2.5B in January, and crossed $100M in ARR in 12 months (www.bloomberg.com)
2025-3-8

Unsealed US indictment: Chinese hacking contractor i-Soon charged Chinese government customers $10K to $75K for each email inbox of US organizations it breached (www.bloomberg.com)
2025-3-8 China

Reflection AI, which wants to achieve superintelligence through autonomous coding agents, emerges from stealth with a $105M Series A and $25M in seed funding (www.bloomberg.com)
2025-3-8 AI

Investors are turning to “AI wrappers”, startups that leverage existing LLMs by other developers to build tools for coders, clinicians, lawyers, and others (www.bloomberg.com)
2025-3-8 Startup AI

The GOP-led House Judiciary Committee subpoenas Alphabet and Sundar Pichai as part of its investigation into alleged censorship under the Biden administration (www.bloomberg.com)
2025-3-7 Republican Alphabet

San Diego-based defense startup Shield AI raised $240M from L3Harris, a16z, and others at a $5.3B valuation to develop its Hivemind autonomous vehicle platform (www.bloomberg.com)
2025-3-7 Startup AI Autonomous Car

JD reports Q4 revenue up 13% YoY to ~$48B, its fastest growth in three years and above est., net income up 100%+ to ~$1.4B, as Chinese consumer spending rises (www.bloomberg.com)
2025-3-6 China 4Q

Sources: President Trump is set to meet the CEOs of HP, Intel, IBM, and Qualcomm on March 10, as new US tariffs threaten to roil the PC hardware industry (www.bloomberg.com)
2025-3-6 Trump Intel IBM

Sources detail Reliance Retail's overhaul plans in its efforts for a $125B IPO valuation, as India's largest retailer renews focus on scaling up quick commerce (www.bloomberg.com)
2025-3-6 India IPO Retail

ON Semiconductor reveals a $6.9B bid to acquire chipmaker Allegro Microsystems, which had a ~$4.9B market cap as of March 5, while Onsemi's stood at $19.6B (www.bloomberg.com)
2025-3-6

Shares of the chipmaker SiTime closed up 19.53% on Wednesday after an iPhone 16e teardown revealed that its timer chips are used in the smartphone (www.bloomberg.com)
2025-3-6 iPhone

Marvell reports Q4 revenue up 27% YoY to $1.82B, vs. $1.8B est., and forecasts Q1 revenue of ~$1.88B, below the highest estimates; MRVL drops 13%+ after hours (www.bloomberg.com)
2025-3-6 4Q

Cybereason CEO Eric Gan resigns after a months-long feud with investors SoftBank and Steven Mnuchin; source: the planned Trustwave merger has also been canceled (www.bloomberg.com)
2025-3-6

Sources: Italy is having growing doubts about closing a €1.5B deal with Starlink in light of the US pullback from commitments to European security (www.bloomberg.com)
2025-3-6 Europe Italy

Microsoft says China-linked hacking group Silk Typhoon was targeting remote management tools and cloud apps in the US and abroad in late 2024 (www.bloomberg.com)
2025-3-6 China Microsoft

The UK CMA clears Microsoft's $13B OpenAI investment in 2023, ending 14 months of uncertainty over the deal, but says “Microsoft did acquire material influence” (www.bloomberg.com)
2025-3-6 Microsoft

Sea reports Q4 revenue up 37% YoY to ~$4.95B, above est., and forecasts 2025 GMV to rise ~20% to ~$120.6B at online retail arm Shopee, above $116.6B est. (www.bloomberg.com)
2025-3-5 Retail 4Q

Cybereason CEO Eric Gan resigns after a months-long feud with investors SoftBank and Steven Mnuchin; a source says the planned Trustwave merger is also canceled (www.bloomberg.com)
2025-3-5

Sources: Flock Safety, a leading maker of license plate-reading cameras, is set to raise about $250M led by Andreessen Horowitz at a ~$7.5B valuation (www.bloomberg.com)
2025-3-5

While addressing Congress, President Trump calls to “get rid” of the $52B CHIPS Act and use the leftover amount to “reduce debt or any other reason” (www.bloomberg.com)
2025-3-5 Trump

Arm agrees to provide chip designs and tech to Malaysia for $250M over the next ten years, as the government targets semiconductor exports of $270B by 2030 (www.bloomberg.com)
2025-3-5 Malaysia

A US judge denies Elon Musk's request for an injunction that would pause OpenAI's restructuring to a for-profit, saying he failed to meet the burden of proof (www.bloomberg.com)
2025-3-5 Elon Musk

Source: ByteDance plans to buy back US employee stock at ~$189.90 per share, up from ~$181 in a similar proposal in 2024, putting ByteDance's valuation at $312B (www.bloomberg.com)
2025-3-5

Sources: Google representatives asked DOJ officials in a meeting last week to back away from a push to break up the company, citing national security concerns (www.bloomberg.com)
2025-3-5 Google

Sources: Assured, whose AI tools automate insurance claims, raised equity funding in a round with Iconiq and Kleiner Perkins, valuing the company at about $1B (www.bloomberg.com)
2025-3-5 AI Insurance Equity

A deep dive into how Facebook, Messenger, WhatsApp, Tinder, and Airbnb are being used in Colombia to facilitate cross-border underage sex trafficking (www.bloomberg.com)
2025-3-5 Facebook Airbnb WhatsApp

Peregrine, which develops a platform used by state and local law enforcement agencies with smaller budgets, raised $190M led by Sequoia at a $2.5B valuation (www.bloomberg.com)
2025-3-5

Previous Page Next Page