Articles from www.bloomberg.com

Articles from www.bloomberg.com

Toronto-based self-driving truck startup Waabi raised a $750M Series C led by Khosla and G2 and partners with Uber, which can invest $250M based on performance (www.bloomberg.com)
11 days ago Uber Startup Toronto

Osaka-based Capcom reports game sales up 13.5% to a record 34.64M from March to December 2025; the Street Fighter and Resident Evil maker's stock jumps 10%+ (www.bloomberg.com)
11 days ago

ASML CEO Christophe Fouquet says the company plans to cut 1,700 jobs, or 4% of its workforce, mainly in its Tech and IT organizations; ASML jumps 5%+ pre-market (www.bloomberg.com)
11 days ago

Memo: Tim Cook told employees that he is “heartbroken by the events in Minneapolis” and calls for a “deescalation” (www.bloomberg.com)
11 days ago Tim Cook

Paolo Ardoino says Tether now holds ~140 tons of gold, worth ~$23B, has been buying one to two tons a week, and plans to keep doing so for the next few months (www.bloomberg.com)
11 days ago

Tether launches USAT, a US-regulated stablecoin issued by Anchorage Digital Bank, marking the company's direct return to the US market that it left in 2018 (www.bloomberg.com)
12 days ago

Sonos announces the Amp Multi, a large digital amplifier and its first new device in over a year, ending a pause in hardware releases as it focused on software (www.bloomberg.com)
12 days ago

Samsung says the Galaxy Z TriFold costs $2,899, or $899 more than the Galaxy Z Fold 7, launching in the US on January 30 exclusively via its website and stores (www.bloomberg.com)
12 days ago Samsung

Khaby Lame, the world's biggest TikToker, partners with Nasdaq-listed Rich Sparkle in a $975M, 36-month deal to monetize his fan base, including an AI version (www.bloomberg.com)
12 days ago AI

The EU gives Google a six-month deadline to lift technical barriers to rival AI search assistants on Android and give key data to other search engine providers (www.bloomberg.com)
12 days ago Android Google AI

Chinese startup Moonshot updates its Kimi model, saying K2.5 can process text, images, and videos simultaneously and beats its open-source peers in some tests (www.bloomberg.com)
12 days ago China Startup

Billionaire Tom Steyer, who is running for California governor, says he'll vote for the one-time 5% tax on billionaire wealth if it reaches the November ballot (www.bloomberg.com)
12 days ago Tax California

Nvidia invests an additional $2B in CoreWeave to help speed up adding 5GW+ of AI computing capacity by 2030 and deploy Nvidia's new Vera CPU; CRWV jumps 9%+ (www.bloomberg.com)
13 days ago AI Nvidia

Sources: NY-based Tandem, which uses AI to automate the paperwork for writing and receiving medical prescriptions, raised a $100M Series B at a $1B valuation (www.bloomberg.com)
13 days ago AI

Morgan Stanley: UK companies reported that AI led to 8% net job losses over the past 12 months, above Japan's 7%, Germany's 4%, Australia's 2%; the US added 2% (www.bloomberg.com)
13 days ago Germany Australia Japan AI Morgan Stanley

Chinese autonomous trucking company DeepWay raised ~$173M ahead of its planned Hong Kong IPO, filed in November 2025; DeepWay reported ~$215M in H1 2025 revenue (www.bloomberg.com)
13 days ago China Hong Kong IPO

Sources: SoftBank halts talks about a ~$50B acquisition of US data center operator Switch, a setback to Masayoshi Son's goal to roll out Stargate infrastructure (www.bloomberg.com)
13 days ago

Sources: Samsung enters the final qualification phase to supply its HBM4 chips to Nvidia, and targets mass production in February; Samsung's shares jumped 3.2% (www.bloomberg.com)
13 days ago Samsung Nvidia

A deep dive into Apple's AI strategy reset, as it prepares to announce a Gemini-powered personalized Siri next month and a reimagined chatbot-like Siri at WWDC (www.bloomberg.com)
14 days ago AI Apple chatbot

Elliptic: ruble-backed stablecoin A7A5 surpassed $100B in transactions in under a year, but demand cooled and daily volume fell from a peak of $1.5B+ to ~$500M (www.bloomberg.com)
15 days ago

Sources: Grab's planned acquisition of GoTo has hit a snag over Indonesian carrier Telkomsel's unwillingness to sell its ~2% stake in GoTo at current valuations (www.bloomberg.com)
15 days ago Indonesia

Solos Technology sues Meta and EssilorLuxottica, alleging they willfully violated several patents that cover “core technologies in the field of smart eyewear” (www.bloomberg.com)
15 days ago

Sources: China deepens its probe into Meta's Manus acquisition in December to investigate cross-border currency flows, tax accounting, and overseas investments (www.bloomberg.com)
16 days ago China Tax

Sources: Richard Socher's Recursive is in talks to raise hundreds of millions at a $4B pre-money valuation to build self-improving superintelligent AI (www.bloomberg.com)
16 days ago AI

Source: smart ring maker Oura plans a tender offer for early investors at a 25% discount to its $11B valuation from Series E, aiming to stay private longer (www.bloomberg.com)
16 days ago

R&D firm Merkle, which sold Farcaster, says it plans to repay VCs the $180M they invested in the social media project, and says Farcaster is not shutting down (www.bloomberg.com)
16 days ago

Sources: China has told Alibaba, Tencent, and ByteDance that they can prepare orders for Nvidia's H200 chips, suggesting Beijing is close to approving imports (www.bloomberg.com)
16 days ago China Alibaba Tencent Nvidia

Sources: UBS plans to make cryptocurrency investing available for some private banking clients in Switzerland, starting with bitcoin and ether (www.bloomberg.com)
16 days ago Bitcoin Switzerland Cryptocurrency

Google invests an undisclosed sum in Sakana AI, valued at $2.6B in November 2025, to boost Gemini's presence in Japan; Sakana AI gains access to Google's LLMs (www.bloomberg.com)
16 days ago Japan Google AI

Malaysia lifted its temporary ban on Elon Musk's Grok AI chatbot after xAI added safety measures; Grok remains subject to continuous monitoring by authorities (www.bloomberg.com)
16 days ago AI chatbot Malaysia Ban Elon Musk

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