Articles from www.bloomberg.com

Articles from www.bloomberg.com

Behind Bot Farm Corporation, a Siberia-based operation that raked in millions of dollars by deploying advanced poker-playing AI software across gambling sites (www.bloomberg.com)
2024-9-23 AI

In an event that raised $27M, Kamala Harris vowed to help grow investments in AI and crypto, her first comments on crypto as the Democratic presidential nominee (www.bloomberg.com)
2024-9-23 AI

Sources: Apollo Global Management has offered to make an equity-like investment of as much as $5B in Intel (www.bloomberg.com)
2024-9-23 Intel Equity

Thoughts on the iPhone's slowing pace of hardware innovation, first impressions of the iPhone 16 Pro Max, and a closer look at Apple Intelligence roll out plans (www.bloomberg.com)
2024-9-23 iPhone Apple Intelligence

Sources: US Commerce Department plans to reveal proposed rules that would ban Chinese- and Russian-made hardware and software for smart cars as soon as Monday (www.bloomberg.com)
2024-9-22 Russia China Ban

Memo: Zoom plans to cut back on stock-based compensation, saying equity has been issued at a rate that is “not sustainable”, joining peers like Salesforce (www.bloomberg.com)
2024-9-22 Salesforce Equity

A Google threat analyst says the hacker behind the Snowflake breach recently broke into a “handful” of new orgs and is likely a male based in Canada in his 20s (www.bloomberg.com)
2024-9-22 Google Canada Hacker

JPMorgan, Visa, and other financial firms join Project Agora, a blockchain-based project by Bank for International Settlements to overhaul cross-border payments (www.bloomberg.com)
2024-9-21 Blockchain JPMorgan

Brazil-based Cayena, which operates a marketplace to connect suppliers and buyers in the wholesale food industry, raised a $55M Series B led by Bicycle Capital (www.bloomberg.com)
2024-9-21 Brazil

The judge overseeing the Google ad trial calls Google's testimony that it faces “fierce competition” from the likes of Microsoft and Meta “highly questionable” (www.bloomberg.com)
2024-9-21 Google Microsoft

Sources: EU officials are preparing formal charges against Google under the DMA, targeting how it displays rival product results across its search services (www.bloomberg.com)
2024-9-21 Google

A profile of Xbox President Sarah Bond, who helped mollify the UK CMA concerning the Activision acquisition and is leading a transformation of the Xbox division (www.bloomberg.com)
2024-9-20 Xbox

A German court rules that Nokia Oyj can stop Amazon from selling Fire TV Sticks in Germany after Amazon lost a patent case; Nokia hasn't enforced the injunction (www.bloomberg.com)
2024-9-20 Germany Amazon Nokia

Constellation Energy plans to invest $1.6B to revive the Three Mile Island nuclear plant in Pennsylvania and sell all the output to Microsoft data centers (www.bloomberg.com)
2024-9-20 Microsoft Energy

French digital health insurance startup Alan raised €173M led by Belgian bank Belfius Bank at a €4B valuation, bringing its total raised since 2021 to €500M+ (www.bloomberg.com)
2024-9-20 France Startup Insurance Belgium

Nvidia partners with Abu Dhabi-based G42 to create a climate tech lab and develop AI to improve weather forecasting accuracy using Nvidia's Earth-2 platform (www.bloomberg.com)
2024-9-20 AI Climate Nvidia

Sources: OpenAI's $6.5B funding round, which nears completion as the company decides on backers, is oversubscribed with excess demand in the billions of dollars (www.bloomberg.com)
2024-9-20

Datamaran, which offers an analytics platform for clients to monitor adherence to ESG regulations, raised a $33M Series C from Morgan Stanley funds (www.bloomberg.com)
2024-9-20 Morgan Stanley

Sources: server CPU designer Ampere is exploring a potential sale; Ampere was reportedly valued at $8B in a proposed minority investment in 2021 (www.bloomberg.com)
2024-9-20

Brazil's Supreme Court orders X to reimpose a block or face a $920K daily fine after a software update made X accessible; X says the restoration was inadvertent (www.bloomberg.com)
2024-9-20 Brazil

Putin's administration resumed posting to YouTube in the past two weeks for the first time in six months, even as the Kremlin blocks YouTube in Russia (www.bloomberg.com)
2024-9-19 Russia YouTube

The estates of dead celebrities like Laurence Olivier and James Dean partnered with ElevenLabs on its “iconic voices” project, making millions after their death (www.bloomberg.com)
2024-9-19

Source: EU regulators are set to announce that Apple must step into line with strict new rules on making OSes fully functional with other tech under the DMA (www.bloomberg.com)
2024-9-19 Apple

Microsoft teams up with Anduril Industries to improve the performance of Integrated Visual Augmentation System or IVAS, new combat goggles for the US Army (www.bloomberg.com)
2024-9-19 Microsoft

Sources: the hackers behind the February data breach of drug distributor Cencora received a record ransom of $75M through three bitcoin installments in March (www.bloomberg.com)
2024-9-19 Bitcoin

TechInsights: China's YMTC upgraded its “Xtacking” tech, which stacks memory cells in layers, to rival NAND industry leaders, but significant challenges remain (www.bloomberg.com)
2024-9-18 China

India, which has set aside $11B for its semiconductor mission, is obsessing over self-reliance instead of focusing on areas that can be scaled up quickly (www.bloomberg.com)
2024-9-18 India

Lenovo says the company has started building AI servers in Pondicherry in southeastern India, moving beyond products such as laptops and smartphones (www.bloomberg.com)
2024-9-18 India AI Lenovo

GoTo signs a five-year cloud infrastructure deal with Alibaba, which has agreed to not sell down its 7.5% stake in GoTo any further for the duration of the deal (www.bloomberg.com)
2024-9-18 Alibaba

California Gov. Gavin Newsom says he is concerned about the potential “chilling effect” of AI safety bill SB 1047, which awaits his signature, on AI development (www.bloomberg.com)
2024-9-18 AI California

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