Articles from www.bloomberg.com

Articles from www.bloomberg.com

Amazon denies it is closing its Wondery podcast studio, but says it will break up its operations; a source says ~110 jobs will be cut due to the reorganization (www.bloomberg.com)
2025-8-7 Amazon

Source: Figma considered a higher IPO price, but CEO Dylan Field wanted to bring on board certain long-term institutional shareholders and approved $33/share (www.bloomberg.com)
2025-8-7 IPO

Broadcom unveils Jericho4, a new version of its networking chip that can connect 1M+ processors across multiple data centers and handle distances of over 100km (www.bloomberg.com)
2025-8-7

The CFTC is asking for public comment by August 18 about trading spot crypto asset contracts listed on CFTC-registered futures exchanges (www.bloomberg.com)
2025-8-7 Asset CFTC

White House OSTP Director Michael Kratsios says the US is exploring software or physical ways to track the location of AI chips, as part of its AI Action Plan (www.bloomberg.com)
2025-8-7 AI

As Delta experiments with AI-driven ticket pricing, regulators and travelers alike worry about dynamic fare schemes that “go beyond the human cognitive limits” (www.bloomberg.com)
2025-8-7 AI

Netherlands-based dronemaker Destinus agrees to acquire Zurich-based Daedalean, which develops ML autopilot software for aviation, for ~$223M in cash and stock (www.bloomberg.com)
2025-8-7 Netherlands

Filings: SoftBank increased its Nvidia stake to ~$3B in Q1 and bought ~$330M worth of TSMC stock; source: Vision Fund monetized almost $2B of assets in H1 2025 (www.bloomberg.com)
2025-8-7 Nvidia Asset

Source: Alibaba's supermarket chain Hema plans to gradually wind down the last of its Costco-like members-only stores in China in a bid to improve profitability (www.bloomberg.com)
2025-8-7 China Alibaba

The US General Services Administration approves OpenAI, Google, and Anthropic for AI contracts with civilian federal agencies via its Multiple Award Schedule (www.bloomberg.com)
2025-8-7 Google AI

US DOT Secretary Sean Duffy proposes a rule change to let more commercial drones fly beyond an operator's line of sight, a boon for Walmart and Alphabet's Wing (www.bloomberg.com)
2025-8-7 Drone Alphabet Walmart

Anthropic's Mike Krieger: Opus 4.1 is better at coding, agentic tasks, and more, and Anthropic was previously too focused on only shipping “really big upgrades” (www.bloomberg.com)
2025-8-7

Match reports Q2 revenue flat YoY at $864M, net earnings down 6% YoY to $125.5M, invests $50M in product, and provides a Q3 forecast above est.; MTCH jumps 10%+ (www.bloomberg.com)
2025-8-7

AMD reports Q2 revenue up 32% YoY to $7.69B, vs. $7.43B est., net income down 31% YoY to $781M, and diluted EPS of $0.48, vs. $0.49 est.; AMD drops 5%+ (www.bloomberg.com)
2025-8-7 AMD

Super Micro reports Q4 revenue up 7.5% YoY to $5.76B, vs. $6.01B est., and lowers its fiscal 2026-year sales forecast from $40B to $33B+; SMCI drops 18%+ (www.bloomberg.com)
2025-8-7 4Q

Sources: OpenAI is in early talks to hold a secondary share sale for current and former staffers at a ~$500B valuation; OpenAI was valued at $300B in March 2025 (www.bloomberg.com)
2025-8-7

Analyst: China summoning Nvidia over alleged H20 security risks shows it “wants to use the Nvidia case to show China is a buyer, but it won't be a blind buyer” (www.bloomberg.com)
2025-8-7 China Nvidia

Amazon plans to make OpenAI's new gpt-oss open-weight models available on Bedrock and SageMaker, the first time it has offered OpenAI's models to AWS customers (www.bloomberg.com)
2025-8-7 Amazon

Apollo Global agrees to acquire a majority stake in Stream Data Centers, which builds, leases, and operates data center campuses, in its first such acquisition (www.bloomberg.com)
2025-8-7

OpenAI offers ChatGPT for enterprise to US federal agencies at a nominal cost of $1 per year, to boost its adoption after the US GSA approved OpenAI as a vendor (www.bloomberg.com)
2025-8-7

Airbnb reports Q2 revenue up 13% YoY to $3.1B, vs. $3.03B est., Q3 outlook above est., warns growth rates may not keep up this year; ABNB drops 6%+ after hours (www.bloomberg.com)
2025-8-7

A US jury finds Tornado Cash co-founder Roman Storm guilty of conspiring to run an unlicensed money-transfer operation that laundered $1B+ via Tornado Cash (www.bloomberg.com)
2025-8-7

Taiwan says TSMC will not have to pay 100% tariffs on US chip imports, as it has set up US plants; UMC may see reduced impact through its cooperation with Intel (www.bloomberg.com)
2025-8-7

President Trump says he will impose a “tariff of approximately 100% on chips and semiconductors”, exempting firms like Apple that “committed to build” in the US (www.bloomberg.com)
2025-8-7

Apple commits to spending another $100B on US manufacturing and announces a new manufacturing program designed to bring more of Apple's supply chain to the US (www.bloomberg.com)
2025-8-7

How VCs are changing the way people learn about the tech industry, through a sprawling media ecosystem consisting of podcasts, newsletters, and streaming shows (www.bloomberg.com)
2025-8-3

Analysis: since April 2, President Trump has excluded over $100B in US smartphone and laptop imports from tariffs, highlighting conflicting administration goals (www.bloomberg.com)
2025-8-2 Trump

Sources: in a rare companywide meeting, Tim Cook said the AI revolution is “ours to grab”, Apple's AI efforts will mirror its iPhone successes, and more (www.bloomberg.com)
2025-8-2 iPhone AI Apple Tim Cook

Meta, Alphabet, Microsoft, and Amazon have collectively spent ~$90B on capex in their most recent quarters and are expected to spend over $344B for the year (www.bloomberg.com)
2025-8-2 Amazon Microsoft Alphabet

China accuses the US of exploiting an old Microsoft Exchange flaw to control a key Chinese defense company's servers for nearly a year and steal military data (www.bloomberg.com)
2025-8-2 China Microsoft

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