Articles from www.bloomberg.com

Articles from www.bloomberg.com

Samsung teases the Galaxy S25 Edge; an exec says it aims to sell the ultra-thin phone in the US and other markets by the middle of 2025, priced under $1,300 (www.bloomberg.com)
13 days ago Samsung

Samsung banks on a hybrid AI strategy, using Google features backed by Gemini and internally developed AI features for One UI 7, to spur smartphone demand (www.bloomberg.com)
13 days ago Google Samsung AI

Samsung's mobile chief TM Roh says Samsung and Google are working on AR glasses, but doesn't provide further details or a launch timeframe (www.bloomberg.com)
13 days ago Google Mobile Samsung AR

Quant trading firm XTX, managing $250B+ in daily trades, plans to invest €1B+ on five data centers in Finland to support its growing use of machine learning (www.bloomberg.com)
14 days ago Machine Learning Finland

An internal probe into SoftBank-backed eFishery, one of Indonesia's most prominent startups, finds the agritech company allegedly faked most of its 2024 sales (www.bloomberg.com)
14 days ago Startup Indonesia

StackBlitz, which offers an AI tool to create websites using text prompts, says it's finalizing raising $83.5M at a $700M valuation, following a $22M Series A (www.bloomberg.com)
14 days ago AI

Trump says he would be open to Elon Musk or Larry Ellison purchasing TikTok US as part of a joint venture that would give the US government 50% ownership (www.bloomberg.com)
14 days ago Trump Elon Musk

MrBeast joins an investor group led by Employer.com founder Jesse Tinsley in an all-cash bid to acquire TikTok US operations; several groups have shown interest (www.bloomberg.com)
14 days ago

Netflix reports Q4 revenue of $10.2B, up 16% YoY, an operating income of $2.3B, and 301.6M global subs, adding 18.9M subs, more than doubling Wall St. estimates (www.bloomberg.com)
14 days ago Netflix 4Q

Sources: Meta aims to debut glasses with a built-in display and new Oakley-branded smart glasses for athletes in 2025; it has resumed work on watches, earbuds (www.bloomberg.com)
14 days ago

Grindr unveils new features, including an opt-in AI chat summary, plans to launch six features in 2025, and says 10K users are testing its AI-powered “Wingman” (www.bloomberg.com)
14 days ago AI

Meta says it will continue to use its fact checkers outside of the US “for now”, and plans to see how its community notes work in the US before making changes (www.bloomberg.com)
15 days ago

A 2024 study of 205 randomly chosen Community Notes on X about COVID-19 vaccines found that 97% of the notes were accurate and ~50% cited high-quality sources (www.bloomberg.com)
16 days ago

Apple is unlikely to acquire Sonos, but Amazon, Spotify, Roku, Samsung and others might consider the idea, with Amazon being the most natural fit (www.bloomberg.com)
16 days ago Amazon Samsung Apple Spotify

US officials have struck binding deals for 85% of the CHIPS Act funding; sources: Gina Raimondo said her successor, Howard Lutnick, is committed to the program (www.bloomberg.com)
16 days ago

Amazon suspends drone deliveries in Texas and Arizona to fix the drones' software after two of its latest models crashed in rainy weather at a testing facility (www.bloomberg.com)
18 days ago Amazon Drone Texas

The FTC says Genshin Impact maker Cognosphere will pay $20M to settle claims that it deceived players about the cost of winning prizes and mishandled kids' data (www.bloomberg.com)
18 days ago

The FTC releases a report saying Microsoft's $13B investment in OpenAI raises concerns that the company could extend its cloud computing dominance into AI (www.bloomberg.com)
18 days ago Microsoft AI

SCOTUS upholds the TikTok divest-or-ban law, says free speech rights must yield to concerns that Chinese control of the app creates a national-security risk (www.bloomberg.com)
18 days ago China Ban

Sources: Chinese hackers breached US Treasury Secretary Janet Yellen's computer and accessed fewer than 50 unclassified files; two deputies were also hacked (www.bloomberg.com)
18 days ago China

Bumble founder Whitney Wolfe Herd will return to the company as CEO in mid-March, replacing current CEO Lidiane Jones, who is departing for “personal reasons” (www.bloomberg.com)
18 days ago

In a first, Samsung will pay 50%-100% of executive bonuses in stock starting January 2026, linking compensation to share performance amid chipmaking struggles (www.bloomberg.com)
18 days ago Samsung

Crypto wallet Phantom raised a $150M Series C co-led by Sequoia Capital and Paradigm at a $3B valuation, more than double its $1.2B valuation in January 2022 (www.bloomberg.com)
19 days ago

Sources: Trump plans an EO to elevate crypto to a national imperative or priority and create a crypto advisory council to advocate for industry priorities (www.bloomberg.com)
19 days ago Trump

Doc: FBI leaders have warned that they believe the hackers who broke into AT&T's system last year stole months of their agents' call and text logs (www.bloomberg.com)
19 days ago FBI AT&T

Zhou Chaonan, the chairwoman of data center operator Range Intelligent, has become China's third richest woman after her company's stock rose 105% in 2024 (www.bloomberg.com)
19 days ago China

A look at the legal dispute between Walgreens and Cooler Screens, which installed 10,000 smart doors that track shoppers and show ads at Walgreens' US stores (www.bloomberg.com)
19 days ago

E-commerce marketing startup Rokt agrees a secondary share sale at a $3.5B valuation ahead of a 2026 IPO, and acquires customer data startup mParticle for $300M (www.bloomberg.com)
19 days ago IPO Startup

Sources: the biggest shareholders of viral app Xiaohongshu, or RedNote, are in talks to sell part of their holdings at a valuation of at least $20B (www.bloomberg.com)
19 days ago

Sources: Nothing seeks to raise at least $100M in its Series C; it crossed $1B in lifetime sales, sold 7M devices to date, and doubled revenue to $500M+ in 2024 (www.bloomberg.com)
19 days ago

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