Articles from www.bloomberg.com

Articles from www.bloomberg.com

Sources: SoftBank-backed eFishery, Indonesia's high-profile agritech startup, cuts over 1,000 jobs, or ~90% of its workforce, and weighs a potential liquidation (www.bloomberg.com)
2025-2-15 Startup Indonesia

The website of Donald Trump's World Liberty Financial shows the crypto project has sold 24B+ of its 25B WLFI tokens after a slow start, implying sales of $1.25B (www.bloomberg.com)
2025-2-15 Trump

Tether acquires a minority stake in the iconic Italian football club Juventus, as part of a broader push to integrate digital assets into sports franchises (www.bloomberg.com)
2025-2-15 Italy Asset

DeepSeek's rise has the turned the spotlight on its hometown, Hangzhou, the capital of the Zhejiang province, which has earmarked ~$13.7B to fund tech companies (www.bloomberg.com)
2025-2-15

Sources: Spotify hopes to launch a Music Pro tier in 2025, a $6/month add-on that will include higher-quality audio, early access to concert tickets, and more (www.bloomberg.com)
2025-2-15 Spotify

Sources: humanoid robot startup Figure is in talks to raise $1.5B led by Align Ventures and Parkway VC at a $39.5B valuation, up from $2.6B in February 2024 (www.bloomberg.com)
2025-2-15 Startup Robot

Filing: Anthropic asks a court to nix a DOJ remedy that would block Google from investing in AI startups, saying it would harm Anthropic and the competition (www.bloomberg.com)
2025-2-15 Google Startup AI

Sources: Apple's overhaul of Siri faces engineering problems and software bugs; some features, planned for April, may have to be postponed until May or later (www.bloomberg.com)
2025-2-15 Apple

Source: xAI is canvassing potential investors, including Sequoia Capital and a16z, for a roughly $10B funding round that would value the company at about $75B (www.bloomberg.com)
2025-2-15

Source: TSMC is considering taking a controlling stake in Intel's factories at the request of Trump's team; it is unclear whether Intel is open to a transaction (www.bloomberg.com)
2025-2-15 Trump Intel

Sources: Dell nears a $5B deal to provide servers with Nvidia's GB200 chips for xAI's supercomputer project in Memphis (www.bloomberg.com)
2025-2-15 Nvidia

Memo: Meta hires the former CEO of luxury goods marketplace The RealReal as VP of retail, as it seeks to boost sales of Quest, Ray-Ban Meta, and AI wearables (www.bloomberg.com)
2025-2-15 Retail AI Ban

Sources: Meta plans major investment into AI-Powered humanoid robots, with an initial focus on household chores, and has formed a team within Reality Labs (www.bloomberg.com)
2025-2-15 AI Robot

Sources: Apple plans to launch its AI features in China as early as May 2025, using its own on-device models with Alibaba software to censor or filter AI output (www.bloomberg.com)
2025-2-15 China Alibaba AI Apple

Eudia, which provides in-house legal teams with AI agents and other tools for common tasks, exits stealth with an up to $105M Series A led by General Catalyst (www.bloomberg.com)
2025-2-14 AI

Sources: Apple plans to launch its AI features in China as early as May 2024, using its own on-device models with Alibaba software to censor or filter AI output (www.bloomberg.com)
2025-2-14 China Alibaba AI Apple

Sources: Apple will restore TikTok to the US App Store on Thursday, following a letter from US Attorney General Pam Bondi (www.bloomberg.com)
2025-2-14 Apple

Meta says it will let classified ad firms in Europe pay to place their listings on Facebook Marketplace, after a pilot with eBay, following the EU's €798M fine (www.bloomberg.com)
2025-2-14 Europe Facebook eBay

Dominion Energy says data center power demand in Virginia, home to Data Center Alley, almost doubled in H2 2024, rising to 40.2 gigawatts in December 2024 (www.bloomberg.com)
2025-2-13 Energy Virginia

DeepSeek signals India's last chance to back foundational tech via state-funded research, as its private sector remains too risk-averse to lead AI innovation (www.bloomberg.com)
2025-2-13 India AI

At the World Government Summit in Dubai, Alibaba Chairman Joe Tsai said Apple will use the Chinese tech giant's AI technology on iPhones sold in China (www.bloomberg.com)
2025-2-13 China Alibaba AI Apple Dubai

Sources: Thoma Bravo-backed enterprise security software company SailPoint raised $1.38B in an upsized IPO at $23 per share, giving it a $12.8B market cap (www.bloomberg.com)
2025-2-13 IPO

Filing: OpenAI says Musk's $97.4B bid contradicts his claims, made in the lawsuit against OpenAI, that its assets can't be “transferred away” for “private gain” (www.bloomberg.com)
2025-2-13 Asset

Robinhood reports Q4 revenue up 115% YoY to $1.01B, vs. $940.8M est., crypto transaction revenue up 700%+ to $358M, above est.; HOOD jumps 10%+ after hours (www.bloomberg.com)
2025-2-13 4Q

Sources: Apple will unveil an Android app for Apple TV+ as early as Wednesday as it looks to boost subscriptions and compete with Netflix and Disney+ (www.bloomberg.com)
2025-2-13 Android Apple Netflix

Google CEO Sundar Pichai says quantum computers that are “practically useful” are five to 10 years away, and quantum “reminds me of where AI was in the 2010s” (www.bloomberg.com)
2025-2-13 Google AI Quantum

In Q4, Meta tweaked its depreciation accounting for AI infrastructure, extending it from 4-5 to 5.5 years, cutting expenses by $2.9B in 2025 and boosting profit (www.bloomberg.com)
2025-2-13 AI 4Q

A profile of Oura CEO Tom Hale, who joined the Finnish smart ring maker in 2022, as it broadens its appeal and reaches $500M in 2024 revenue and profitability (www.bloomberg.com)
2025-2-12 Finland

Analysis of credit and debit card data: Shein's US sales fell 16% to 41% for five days from February 5 and Temu fell up to 32% after Trump targets China trade (www.bloomberg.com)
2025-2-12 Trump China

Elon Musk's bid for OpenAI's nonprofit is top-tier M&A trolling as it complicates OpenAI's fundraising by likely altering the cost of equity for new investors (www.bloomberg.com)
2025-2-12 Elon Musk Equity

Previous Page Next Page