Articles from www.bloomberg.com

Articles from www.bloomberg.com

Mark Zuckerberg lamented the rise of “culturally neutered” companies that have sought to distance themselves from “masculine energy” (www.bloomberg.com)
2025-1-12 Energy Zuckerberg

A look at the burgeoning underground market connecting job seekers to anonymous employees willing to make a referral at Microsoft, Nvidia, Spotify, and others (www.bloomberg.com)
2025-1-11 Microsoft Nvidia Spotify

Biden assailed Meta over its move to end third-party fact-checking on its social media platforms in the US, saying “it's really shameful” (www.bloomberg.com)
2025-1-11

OpenAI CEO Sam Altman, Uber CEO Dara Khosrowshahi, and, a source says, Meta CEO Mark Zuckerberg are planning to attend Trump's inauguration events this month (www.bloomberg.com)
2025-1-11 Trump Uber Zuckerberg

Apple opposes a shareholder measure calling for an end to DEI efforts, saying the proposal was an inappropriate attempt to restrict Apple's business operations (www.bloomberg.com)
2025-1-11 Apple

Sources: OpenAI, Google, and other companies are collectively paying hundreds of content creators for access to their unpublished videos to train AI models (www.bloomberg.com)
2025-1-11 Google AI

Sources: HPE won a $1B deal in late 2024 to provide servers optimized for AI work for X; Dell and Super Micro also bid on the deal (www.bloomberg.com)
2025-1-11 AI

SCOTUS signals it is likely to uphold the TikTok divest-or-ban law, as a majority of justices suggested they see national security overriding free speech issues (www.bloomberg.com)
2025-1-11 Ban

More than half a dozen celebrity video game streamers returned to Twitch in 2024, after their multi-million dollar contracts with YouTube and Kick expired (www.bloomberg.com)
2025-1-10 YouTube

Internal data: Spotify had about 55M US subscribers as of Q3 2024, of which only around 607,000 were on the cheaper “basic” plan that doesn't include audiobooks (www.bloomberg.com)
2025-1-10 Spotify

How wartime GPS jamming has negatively impacted agriculture in Israel; in 2021, ~70% of Israeli farmers used GPS-guided equipment and precision-farming tech (www.bloomberg.com)
2025-1-9 Israel GPS

Sources: SoftBank and its majority-owned Arm are weighing acquiring Oracle-backed Ampere, which designs ARM-based server CPUs; Ampere is exploring its options (www.bloomberg.com)
2025-1-9 Oracle

JPMorgan files two lawsuits over its investment in fintech Viva Wallet; source: JPM claims €916M, alleging Viva deprived JPM the value of its 2022 investment (www.bloomberg.com)
2025-1-9 Fintech JPMorgan

Meta will launch a test in Germany, France and the US to publish eBay listings on Facebook Marketplace, after it was fined €798M by EU for abusing dominance (www.bloomberg.com)
2025-1-9 Germany France Facebook eBay

Major quantum computing stocks, up 300%+ in the past year, fell on January 7 after Jensen Huang said “very useful” quantum computers are likely decades away (www.bloomberg.com)
2025-1-8 Quantum

Magnitt: VC funding in the Middle East fell 29% YoY to $1.5B in 2024, with Saudi Arabia accounting for $750M, down 44% YoY, while the UAE saw $613M, down 8% YoY (www.bloomberg.com)
2025-1-8 Arabia Saudi Arabia

Micron plans to invest $7B over the next several years to expand its manufacturing footprint in Singapore, with a new HBM chip plant set to open in 2026 (www.bloomberg.com)
2025-1-8 Singapore Manufacturing

Inside Naver's 1784, a 36-level office tower in Seoul, which has ~4,500 employees working with 120 robots and serves as a testbed for various AI technologies (www.bloomberg.com)
2025-1-8 AI Robot

Indonesian e-commerce pioneer Bukalapak will stop sales of physical goods to focus on virtual goods like mobile credits, amid competition from Shopee and others (www.bloomberg.com)
2025-1-8 Mobile Indonesia

Ex-Facebook director Katie Harbath says Mark Zuckerberg's team uses elections to take stock of “where society is, to readjust how they're approaching content” (www.bloomberg.com)
2025-1-8 Facebook Zuckerberg

Tencent repurchased 3.93M Hong Kong shares worth $193M on January 7, its largest buyback since April 2006, following its addition to a US blacklist (www.bloomberg.com)
2025-1-8 Hong Kong Tencent

Samsung reports preliminary Q4 operating profit of ~$4.5B, missing analysts' average projection of ~$6.2B, and revenue of ~$51.7B, also missing estimates (www.bloomberg.com)
2025-1-8 Samsung 4Q

Sources: Addepar, a provider of wealth management and investment software, is in talks to raise $250M at a pre-money valuation of $3.25B, up from ~$2B in 2021 (www.bloomberg.com)
2025-1-8

Chipmaker NXP agrees to buy Austrian automotive software developer TTTech Auto for $625M in cash to build out its products for software-defined vehicle makers (www.bloomberg.com)
2025-1-7 Austria

PitchBook: US startups raised $209B in 2024, up ~33% from 2023; AI startups raised $97B, the largest portion on record; VCs raised $76.1B, the lowest since 2019 (www.bloomberg.com)
2025-1-7 Startup AI

Sources: China-backed hackers targeted the Philippine president's office and stole sensitive data as part of a yearslong, broad espionage campaign (www.bloomberg.com)
2025-1-7 China Philippines

Meta elected three new directors to its board, including UFC CEO and outspoken Donald Trump supporter Dana White (www.bloomberg.com)
2025-1-7 Trump

Gemini agrees to pay $5M to end a CFTC claim that it misled the derivatives regulator in a bid to launch the first US-regulated Bitcoin futures contract (www.bloomberg.com)
2025-1-7 Bitcoin CFTC

Tencent's stock drops 6%+ after the US DoD added it to a blacklist of companies with alleged ties to China's military; it may face delisting or index removals (www.bloomberg.com)
2025-1-7 China Tencent

Qualcomm unveils the Snapdragon X Platform, a chip to bring AI features to PCs starting at $600, with laptops from Dell, Lenovo, and others coming “early 2025” (www.bloomberg.com)
2025-1-7 AI Lenovo

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