Articles from www.bloomberg.com

Articles from www.bloomberg.com

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

Google previews changes coming to Google TV, including adding Gemini, more natural voice commands, and deeper YouTube integration, rolling out later in 2025 (www.bloomberg.com)
2025-1-7 Google YouTube

Sources: India plans $2.7B in fresh subsidies and import tariff cuts to boost local manufacturing, especially of smartphones made by companies like Apple (www.bloomberg.com)
2025-1-6 India Apple Manufacturing

Advertising company Outfront, whose clients include Mercury, Brex, and Venmo, says fintech ad spend over the past three years has grown an average of 45%+ YoY (www.bloomberg.com)
2025-1-6 Fintech

Q&A with Sam Altman on OpenAI's and ChatGPT's first few years, his removal as CEO, OpenAI's structure, AGI, AI safety, nuclear fusion, Trump, Musk, and more (www.bloomberg.com)
2025-1-6 Trump AI

Sources: Italy is in advanced talks for a $1.6B, five-year SpaceX deal to provide the government with secure telecom services, Europe's largest such project (www.bloomberg.com)
2025-1-6 Europe Italy SpaceX

Foxconn reports Q4 revenue of ~$64.6B, up 15% YoY and exceeding analyst expectations for a 13% rise, with December 2024 bringing in ~$19.8B, up 42% YoY (www.bloomberg.com)
2025-1-6 4Q

How China-linked Volt Typhoon hackers breached local utilities and the US DOD's sensitive networks in Guam, a US territory vital for defending Taiwan militarily (www.bloomberg.com)
2025-1-5 China Taiwan

Sources: Getty Images is exploring a merger with rival Shutterstock; deliberations are ongoing and Getty could decide not to pursue a deal (www.bloomberg.com)
2025-1-4

An unredacted lawsuit from Utah's AG claims TikTok has long known that TikTok Live promoted sexual content streams to minors and facilitated money laundering (www.bloomberg.com)
2025-1-4

Meta required a public statesman like Nick Clegg after the Cambridge Analytica scandal, and now turns to the in-house Republican Joel Kaplan to appease Trump (www.bloomberg.com)
2025-1-4 Trump Republican

China plans to extend its national consumer subsidies to smartphone, tablet, and smartwatch purchases to boost domestic spending as external headwinds pick up (www.bloomberg.com)
2025-1-3 China

Car rental app Turo, which uses a risk algorithm to screen drivers, was used to book trucks in both fatal New Year's Day incidents in Las Vegas and New Orleans (www.bloomberg.com)
2025-1-3 Algorithm Vegas

Terraform Labs co-founder Do Kwon pleads not guilty before a US federal judge in New York to nine counts, including wire fraud, over the $40B TerraUSD collapse (www.bloomberg.com)
2025-1-3 New York

Sources: China-backed hackers accessed the computers of senior US Treasury officials; the department's email system and classified data were not breached (www.bloomberg.com)
2025-1-3 China

Fintech themes to watch in 2025: relaxed regulation in the second Trump administration, more IPOs, M&A, and VC deal activity, and the expansion of stablecoins (www.bloomberg.com)
2025-1-2 Trump IPO Fintech

Malaysia says X and Google haven't applied for a new social media license; X cites under 8M Malaysian users, while Google disputes YouTube's classification (www.bloomberg.com)
2025-1-2 Google YouTube Malaysia

Alibaba sells Sun Art Retail stake to PE firm DCP for ~$1.6B, after paying ~$3.6B in 2020 to double the stake to 70%+, as it focuses on its core online business (www.bloomberg.com)
2025-1-1 Retail Alibaba

Sources: Mobvista explores selling mobile ad platform Mintegral after getting interest from buyers like Bain Capital; Mobvista stock in HK surged ~190% in 2024 (www.bloomberg.com)
2025-1-1 Mobile

BlackRock's Bitcoin ETF surpassed $50B in assets in 11 months, marking the fastest-growing ETF debut ever and pushing BTC's price past $100K for the first time (www.bloomberg.com)
2024-12-31 Bitcoin ETF Asset

Kyivstar, Ukraine's largest mobile operator, signs a deal with Starlink to roll out text messaging in Q4 2025, and plans to add voice and data in later stages (www.bloomberg.com)
2024-12-31 Mobile Ukraine 4Q

Chinese AI chip designer Cambricon's stock jumped 383% in 2024, giving the company a $37B market cap, driven by the localization of AI chips in the country (www.bloomberg.com)
2024-12-31 China AI

Ibiden CEO Koji Kawashima says the 112-year-old company, a dominant supplier of chip package substrates to Nvidia, may need to boost capacity due to AI demand (www.bloomberg.com)
2024-12-31 AI Nvidia

Elon Musk's new political influence may make it harder for regulators and politicians worldwide to resist Space X's Starlink, which added 20+ nations in 2024 (www.bloomberg.com)
2024-12-30 Elon Musk

As Tether says it is on track for a record $10B net profit in 2024, banks around the world are exploring launching their own stablecoins for payments (www.bloomberg.com)
2024-12-30

The bitcoin rally fueled by Trump's reelection has lost steam near the end of 2024; BTC hovers around $93.5K, ~$15,000 below the record high set in mid-December (www.bloomberg.com)
2024-12-30 Trump Bitcoin

RWA.xyz estimates the total value of tokenized real-world assets, excluding stablecoins, is $13B, as Opimas says just 0.003% of global asset value is tokenized (www.bloomberg.com)
2024-12-29 Asset

AT&T says China targeted a few “individuals of foreign intelligence interest” in the Salt Typhoon hack and its networks are now clear from the intrusion (www.bloomberg.com)
2024-12-29 China AT&T Intelligence

Analysis: 50%+ of the US households showing highly-distorted power readings from February to October were within 20 miles of significant data center activity (www.bloomberg.com)
2024-12-28

Filing: Trump asks SCOTUS to pause the law that could ban TikTok, saying the court should give him time to “pursue a political resolution” of the dispute (www.bloomberg.com)
2024-12-28 Trump Ban

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