Articles from www.bloomberg.com

Articles from www.bloomberg.com

Microsoft identifies hackers in the US, Iran, the UK, Hong Kong, and Vietnam who bypassed guardrails on AI tools and sold access to other malicious groups (www.bloomberg.com)
2025-2-28 Hong Kong Microsoft AI Iran Vietnam

Tencent releases Hunyuan Turbo S, an AI model designed to respond instantly, saying it is competitive against DeepSeek's V3 model in commonly used AI tests (www.bloomberg.com)
2025-2-27 AI Tencent

AWS unveils Ocelot, its new quantum chip built in partnership with Caltech, featuring five qubits that store data and four additional qubits to detect errors (www.bloomberg.com)
2025-2-27 Quantum

Bitcoin ETFs saw their longest outflow streak, losing $2.1B over six days, including $1B+ on Feb. 25, the largest single-day outflow since their Jan. 2024 debut (www.bloomberg.com)
2025-2-27 Bitcoin ETF

Gemini says the SEC closed its investigation into the crypto exchange and won't pursue an enforcement action, after Gemini received a Wells notice in May 2024 (www.bloomberg.com)
2025-2-27

Snowflake reports Q4 product revenue up 28% YoY to $943.3M, vs. $915.8M est., and forecasts FY 2026 product revenue above estimates; SNOW jumps 8%+ after hours (www.bloomberg.com)
2025-2-27 4Q

Amazon's Panos Panay demoed Alexa+ in a flowing ongoing conversation and says it can book concert tickets, make restaurant reservations, and text a babysitter (www.bloomberg.com)
2025-2-27 Amazon

Court records: FTX paid nearly $948M to 12+ firms working on its bankruptcy, one of the costliest Chapter 11 cases in US history; users are set to get back 118% (www.bloomberg.com)
2025-2-27

Trump says “Apple should get rid of DEI rules, not just make adjustments to them” in a Truth Social post, after Apple investors rejected a proposal to end DEI (www.bloomberg.com)
2025-2-27 Trump Apple

Apple removing ADP in the UK is a pyrrhic victory for Apple, and UK users' muted response suggests they may not care about privacy as much as the company thinks (www.bloomberg.com)
2025-2-26 Apple

Indonesia says Apple signed a deal to invest in Indonesia and will issue it a permit, paving the way for resuming iPhone 16 sales after a five-month tussle (www.bloomberg.com)
2025-2-26 iPhone Apple Indonesia

A profile of Walmart CEO Doug McMillon, who led the company from trailing eBay and Apple in online sales to becoming the world's second-largest e-commerce firm (www.bloomberg.com)
2025-2-26 Apple eBay Walmart

Documents and source: Indonesian agritech eFishery misrepresented financial figures for years; backers like SoftBank likely to recover under 10% of investments (www.bloomberg.com)
2025-2-26 Indonesia

Coupang reports Q4 revenue up 21% YoY to $7.97B, vs. $8.08B est., and operating income of $312M, vs. $167.8M est.; CPNG jumps 5%+ after hours (www.bloomberg.com)
2025-2-26 4Q

WBD closes three game studios and cancels a highly anticipated Wonder Woman title in a bid to boost the profitability of its interactive entertainment business (www.bloomberg.com)
2025-2-26

Instacart reports Q4 revenue up 10% YoY to $883M, missing estimates, and forecasts Q1 adjusted EBITDA below estimates; CART drops 10%+ after hours (www.bloomberg.com)
2025-2-26 4Q

Apple investors reject outside shareholder proposals asking the company to cease its DEI efforts and write a report assessing the risks of its work on AI (www.bloomberg.com)
2025-2-26 AI Apple

DeepSeek reopens API top-ups after suspending them on February 6 due to demand, as Alibaba previews its QwQ-Max model and the Chinese AI rivalry escalates (www.bloomberg.com)
2025-2-26 China Alibaba AI

Baidu acquires the YY Live streaming platform from Joyy for $2.1B, completing a deal started in 2020; a previous $3.6B deal was rejected by Chinese regulators (www.bloomberg.com)
2025-2-25 China

Sources: Italy wants to replace STMicro CEO Jean-Marc Chéry for poor performance, as the Franco-Italian chipmaker struggles to navigate a slump in chip demand (www.bloomberg.com)
2025-2-25 Italy

Bitcoin falls below $90K, its lowest level since mid-November 2024, as the rally that followed Trump's election fades; ETH, XRP, SOL, and more also fell sharply (www.bloomberg.com)
2025-2-25 Trump Bitcoin XRP ETH

Sources: Indonesia and Apple have agreed to lift the iPhone 16 ban, with Apple set to invest $1B; a memorandum of agreement may be signed this week (www.bloomberg.com)
2025-2-25 iPhone Apple Ban Indonesia

Tesla starts rolling out a software update enabling driver-assistance features, similar to Full Self-Driving in the US, for Chinese customers who paid $8,800 (www.bloomberg.com)
2025-2-25 China Tesla

Sources: Trump's team plans tougher US chip curbs and have met with Dutch and Japanese counterparts, urging them to tighten restrictions on China's chip sector (www.bloomberg.com)
2025-2-25 Trump China Japan Netherlands

Sources: SpaceX seeks to deploy Starlink terminals for the FAA, raising questions about Musk's conflicts of interest and a $2B FAA contract Verizon won in 2023 (www.bloomberg.com)
2025-2-25 SpaceX

Anthony Levandowski's self-driving truck startup Pronto signs a deal with Heidelberg Materials to use its tech in 100+ dump trucks in mines over three years (www.bloomberg.com)
2025-2-25 Startup

MongoDB buys Voyage AI for $220M and plans to integrate Voyage's retrieval tools for higher-quality AI outputs with real-time operational data for businesses (www.bloomberg.com)
2025-2-25 AI

Salesforce signs a $2.5B, seven-year deal with Google Cloud to let customers run its software, Agentforce AI assistants, and Data Cloud on Google Cloud (www.bloomberg.com)
2025-2-25 Google AI Salesforce

Source: Ethena, which runs the USDe stablecoin, marketed as a “synthetic dollar” with a 9% yield and almost $6B in circulation, raised $100M in December 2024 (www.bloomberg.com)
2025-2-25

TD Cowen: Microsoft cancels leases for a substantial amount of US data centers, potentially due to over-investment fears; Microsoft plans to spend $80B in 2025 (www.bloomberg.com)
2025-2-24 Microsoft

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