Articles from www.bloomberg.com

Articles from www.bloomberg.com

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

Investigation: Uber and Lyft lockouts for 800+ NYC drivers occurred almost every hour of every day, saving the companies hundreds of millions of dollars in pay (www.bloomberg.com)
2024-10-15 Uber

A look at sports data tech companies like Sportradar, which set betting odds for sports gambling apps and websites, as they build models to keep people betting (www.bloomberg.com)
2024-10-15

A look at Apple's new home strategy and plans for a ~$2K headset in 2025, Vision Pro 2 in 2026, and Ray-Ban Meta-like glasses and AirPods with cameras in 2027 (www.bloomberg.com)
2024-10-15 Apple Ban

South Korean government data: tech exports slowed for a straight second month, indicating slowing global demand; DRAM had its slowest growth since December 2023 (www.bloomberg.com)
2024-10-15 Korea

A look at the legal dispute between OpenAI and Open AI, run by Guy Ravine, who bought the open.ai domain and filed to trademark “Open AI” in December 2015 (www.bloomberg.com)
2024-10-15 AI

Sources: Tether talked to several commodities trading firms about lending to them, as it hopes to face fewer regulatory restrictions than traditional lenders (www.bloomberg.com)
2024-10-15 Commodity

Sources: the US mulls capping AI chip sales from Nvidia and others on a country-specific basis, with a focus on the Middle East, for national security reasons (www.bloomberg.com)
2024-10-15 AI Nvidia

In a report citing experts, China rejects US and Microsoft claims that Chinese hackers were behind Volt Typhoon, calling the claims a “political farce” (www.bloomberg.com)
2024-10-15 China Microsoft

Court filing: OpenAI says Elon Musk's “altruism versus greed” lawsuit is part of his “blusterous campaign to harass OpenAI for his own competitive advantage” (www.bloomberg.com)
2024-10-9 Elon Musk

Filing: the US DOJ lays out “behavioral and structural remedies”, including a breakup, for the federal judge to consider in the Google Search antitrust case (www.bloomberg.com)
2024-10-9 Google

Brazil's Supreme Court authorizes the return of X after the company complied with its demands, including taking down some accounts and appointing a legal agent (www.bloomberg.com)
2024-10-9 Brazil

EvenUp, a personal injury startup making AI tools for law firms, raised a $135M Series D led by Bain Capital at a $1B+ valuation and says it has 1,000+ clients (www.bloomberg.com)
2024-10-8 Startup AI

The Royal Swedish Academy of Sciences awards the Nobel Prize in physics to John Hopfield and Geoffrey Hinton for “foundational discoveries” in machine learning (www.bloomberg.com)
2024-10-8 Machine Learning Sweden Nobel

Filing: Saudi Arabia's PIF sold ~17.3M Nintendo shares between August 21 to October 1, lowering its stake to 7.54%, despite an exec saying it wants to buy more (www.bloomberg.com)
2024-10-8 Arabia Nintendo Saudi Arabia

Samsung Electronics issues a rare apology for posting disappointing preliminary Q3 results and plans to review its organizational culture and processes (www.bloomberg.com)
2024-10-8 Samsung

US bankruptcy judge approves plan to repay FTX customers; in June FTX had $12.6B, which could rise to $16.5B; FTX is in talks with US over $1B+ in seized assets (www.bloomberg.com)
2024-10-8 Asset

SCOTUS rejects X's appeal over a secret DOJ search warrant from Special Counsel Jack Smith for records related to Donald Trump's Twitter account (www.bloomberg.com)
2024-10-8 Trump Twitter

A Ukrainian official says the country's hackers carried out a cyberattack that took down the online broadcasts of 20+ Russian broadcasters, including Rossiya 24 (www.bloomberg.com)
2024-10-7 Russia Ukraine

UN report: cyber crime syndicates raked in as much as $37B in 2023 and are growing in Myanmar, Cambodia, Laos, and across Southeast Asia despite police efforts (www.bloomberg.com)
2024-10-7 Asia Southeast Asia Cambodia

SportQuake: crypto companies have spent a record of almost £130M on Premier League sponsorship deals for the 2024/25 season, buoyed by tighter gambling rules (www.bloomberg.com)
2024-10-7

Sources: Apple plans to launch iOS 18.1 and Apple Intelligence on Oct. 28 and announce new Macs and an iPad mini in late Oct., with shipments starting on Nov. 1 (www.bloomberg.com)
2024-10-7 IOS Apple Intelligence iPad

Cyber Crimes Center, a division of the US DHS, says it has disrupted 500+ ransomware attacks and seized $4.3B in crypto since 2021, including $180M last year (www.bloomberg.com)
2024-10-5

Coinbase says it will delist all unauthorized stablecoins, like Tether's USDT, from its exchange in the EEA by 2024's end, to comply with the EU's MiCA rules (www.bloomberg.com)
2024-10-5 Coinbase

Sources: Tencent and Ubisoft's founding Guillemot family are considering options including a buyout of Ubisoft after it lost 50%+ of its market value this year (www.bloomberg.com)
2024-10-5 Tencent

Meta announces Movie Gen, which creates videos up to 16 seconds long based on a text prompt; Meta plans to make it available on its apps in 2025 (www.bloomberg.com)
2024-10-4

Robinhood plans to debut margin trading in UK in the coming weeks; it is exploring offering retirement products and letting British users invest in UK stocks (www.bloomberg.com)
2024-10-4 U.K.

CCData: Binance's share of digital asset trading volume fell to 36.6% in September, down from 42.7% at the start of 2024, the lowest level in four years (www.bloomberg.com)
2024-10-4 Asset

The US and Microsoft seize 107 websites used by Russian intelligence agents and their proxies in the US operating under Star Blizzard, a group active since 2016 (www.bloomberg.com)
2024-10-4 Russia Microsoft Intelligence

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