Articles from www.bloomberg.com

Articles from www.bloomberg.com

The Dutch Data Protection Authority fines Uber a record €290M for failing to abide by European protection standards when sending sensitive driver data to the US (www.bloomberg.com)
2024-8-26 Europe Uber Netherlands

Telegram says CEO Pavel Durov has “nothing to hide” and the messaging app “abides by EU laws”, including the Digital Services Act, after France arrested Durov (www.bloomberg.com)
2024-8-26 France

A look at voice bots from Indian startups Sarvam AI, CoRover, and Gnani.ai; Samsung-backed Gnani now handles millions of voice conversations daily for companies (www.bloomberg.com)
2024-8-26 India Samsung Startup AI

A look at Apple's robotics efforts; sources: Meta will unveil prototype “Orion” AR glasses, a cheaper Quest, and new AI features for Ray-Ban Meta at Connect (www.bloomberg.com)
2024-8-26 AI Apple Robot Ban AR

The problem with Xbox's new vision isn't that it's moving away from console-exclusive games, but that its release strategy is confusing and inconsistent (www.bloomberg.com)
2024-8-25 Xbox

The US NLRB's general counsel office determines a group of Amazon drivers were employees of Amazon and of the “delivery service partner” company that hired them (www.bloomberg.com)
2024-8-24 Amazon

Sources: Apple plans to unveil new iPhones, AirPods, and Apple Watches on September 10; developer logs: Apple has ramped up testing of four new M4 Mac models (www.bloomberg.com)
2024-8-24 Apple

Reddit is winning over advertisers using interest-based targeting via subreddits, instead of personal data; analysis: Reddit's ad revenue may pass $1.1B in 2024 (www.bloomberg.com)
2024-8-24 Reddit

Q&A with AI pioneer Yoshua Bengio on advocating for AI regulation, his support for California's AI safety bill, AI achieving human-level intelligence, and more (www.bloomberg.com)
2024-8-24 AI Intelligence California

The US DOJ sues RealPage, alleging the company's software helps property managers collude on setting rents in violation of antitrust law (www.bloomberg.com)
2024-8-24

Reddit is winning over advertisers with interest-based targeting via subreddits, instead of personal data; analysis: Reddit's ad revenue to reach $1.1B+ in 2024 (www.bloomberg.com)
2024-8-23 Reddit

A look at the fading dominance of Apple Podcasts, as a study of 603 weekly podcast consumers finds 31% use YouTube, followed by Spotify at 21%, and Apple at 12% (www.bloomberg.com)
2024-8-23 Apple YouTube Spotify

The NLRB's general counsel office determines a group of Amazon drivers were employees of Amazon and of the “delivery service partner” company that hired them (www.bloomberg.com)
2024-8-23 Amazon

Shareholders approve upgrading Alibaba's Hong Kong listing, which expects to attract billions of dollars in Chinese investment, to primary status on August 28 (www.bloomberg.com)
2024-8-23 China Hong Kong Alibaba

Ex-FTX exec Ryan Salame's romantic partner is charged with campaign finance violations, a day after he said the US reneged on his plea deal by investigating her (www.bloomberg.com)
2024-8-23

NFT marketplace Magic Eden launches a mobile wallet app and will begin using a token to be issued by a foundation that supports the Magic Eden ecosystem (www.bloomberg.com)
2024-8-23 Mobile

Ticketing service TickPick raised $250M from Brighton Park, which now has a majority stake, and Symphony; the app has 2M MAUs and processes nearly $1B annually (www.bloomberg.com)
2024-8-22

Chinese government data: Chinese companies imported $25.9B of chip machinery in January to July 2024, passing $23.8B in 2021, $21.6B in 2022, and $18B in 2023 (www.bloomberg.com)
2024-8-22 China

Walmart's China business is booming, driven by its Sam's Club memberships; Walmart says e-commerce orders delivered within one hour rose 28% to 59M last quarter (www.bloomberg.com)
2024-8-22 China Walmart

Neuralink says surgery for its second human implant “went well” and the patient, who had a spinal cord injury, can design 3D objects and play Counter-Strike 2 (www.bloomberg.com)
2024-8-22

In a letter to Sen. Scott Wiener, OpenAI says California's AI safety bill would hurt innovation and that AI safety regulation should come from the federal level (www.bloomberg.com)
2024-8-22 AI California

Zoom reports Q2 revenue up 2.1% YoY to $1.16B, vs. $1.15B est., enterprise revenue up 3.5% YoY to $682.8M, and a Q3 revenue forecast beating estimates (www.bloomberg.com)
2024-8-22

Sources: Apple App Store VP Matt Fischer is leaving in October; App Store group will split into two teams, one for its own store, one for alt app distribution (www.bloomberg.com)
2024-8-22 Apple

Didi reports Q2 revenue up 4.1% YoY to ~$7.1B and ~196M net profit, after ride-hailing transactions hit a record, as Didi recovers from a $1.2B US fine in 2022 (www.bloomberg.com)
2024-8-21

The UK CMA closes its Google Play Store and Apple App Store investigation and expects to reconsider the case under a new digital rules regime, set for fall 2024 (www.bloomberg.com)
2024-8-21 Google Apple

Xiaomi reports Q2 revenue up 32% YoY to ~$12.5B, above ~$12.2B est., and a ~$715M net income, above ~$533M est., as its core smartphone business recovers (www.bloomberg.com)
2024-8-21 Xiaomi

The UK's new rules to curb online payment scams, rolling out in October 2024, face backlash from the finance industry, including over a lack of time to adjust (www.bloomberg.com)
2024-8-21

Sources: Walmart, JD.com's largest shareholder, is seeking to raise up to $3.74B by selling its stake in the Chinese e-commerce firm; JD falls 9%+ after hours (www.bloomberg.com)
2024-8-21 China Walmart

Filing: chipmaker Microchip Technology says its servers were breached by an unauthorized party, causing its operations to run at “less than normal levels” (www.bloomberg.com)
2024-8-21

Black Myth: Wukong, a Chinese-made, Tencent-backed game, became Steam's fourth most popular title ever within hours of its launch with 1.4M+ concurrent players (www.bloomberg.com)
2024-8-20 China Tencent

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