Articles from www.bloomberg.com

Articles from www.bloomberg.com

Uber has begun locking NYC drivers out of its app during low demand periods to fight a local rule that requires drivers be paid for idle time between rides (www.bloomberg.com)
2024-6-25 Uber

A look at Apple's plans for Vision headsets and AR glasses, M4 Macs, reasons for limiting Apple Intelligence to the latest iPhones and delaying it in the EU (www.bloomberg.com)
2024-6-24 Apple Intelligence AR

A look at efforts by Google DeepMind, Anthropic, xAI, and other companies to make their chatbots funnier and keep users engaged with them at home and at work (www.bloomberg.com)
2024-6-23 Google chatbot

How Sweden's push to go cashless has left consumers and the country vulnerable to online fraud; value of fraudulent transactions has doubled since 2021 (www.bloomberg.com)
2024-6-23 Sweden Cashless

A look at Switzerland's push to lead the global race to tokenize assets, as officials try to change perceptions around its diminished banking industry (www.bloomberg.com)
2024-6-23 Switzerland Asset

Source: a group that claims to have hacked car dealership software provider CDK Global has demanded tens of millions of dollars in ransom, and CDK plans to pay (www.bloomberg.com)
2024-6-22

Apple will withhold the release of Apple Intelligence, iPhone Mirroring, and more in the EU this year, citing concerns about DMA's interoperability requirements (www.bloomberg.com)
2024-6-22 iPhone Apple Intelligence

OpenAI buys Rockset, an enterprise search and analytics startup that raised $105M, integrating both the tech and staff of an acquisition for the first time (www.bloomberg.com)
2024-6-22 Startup

Estonia blocks an EU VAT reform that would have imposed new liabilities on short-term rental services like Airbnb and passenger transport services like Bolt (www.bloomberg.com)
2024-6-21 Airbnb

Huawei says around 900M gadgets are now running on its HarmonyOS and sales of premium Huawei smartphones climbed 72% in the first five months of 2024 (www.bloomberg.com)
2024-6-21

Sources: US DOJ won't pursue FTC's claim that TikTok misled US consumers on data security in a forthcoming suit accusing TikTok of children's privacy violations (www.bloomberg.com)
2024-6-21

HeyGen, which uses AI to let users create realistic-looking avatars, raised $60M led by Benchmark at a $500M valuation, taking its total funding to $74M (www.bloomberg.com)
2024-6-20 AI

Software vendors like Salesforce are getting left behind in the AI boom, as most AI spending at this point is going toward hardware or cloud infrastructure (www.bloomberg.com)
2024-6-20 AI Salesforce

AMD says hackers accessed limited information related to assembling of certain AMD products on a third-party vendor site and expects no material business impact (www.bloomberg.com)
2024-6-20 AMD

Ilya Sutskever discloses his plans for Safe Superintelligence, says “we mean safe like nuclear safety as opposed to safe as in ‘trust and safety'”, and more (www.bloomberg.com)
2024-6-20

A look at Nvidia's 591,078% rally since its IPO in 1999; long-time investors in Nvidia have had to stomach three annual collapses of 50% or more in the stock (www.bloomberg.com)
2024-6-20 IPO Nvidia

China plans new measures to encourage venture capital into its tech sector, including letting investors set up yuan funds; 2023 VC investment fell 7% to $69.9B (www.bloomberg.com)
2024-6-19 China

Sources: Nvidia agrees to buy Shoreline, which helps automate fixing software problems, in a deal that values Shoreline at ~$100M; Shoreline has raised ~$57M (www.bloomberg.com)
2024-6-19 Nvidia

The UK CMA opens a merger inquiry into HPE's $14B acquisition of Juniper Networks, setting an August 14 deadline to decide on opening a full investigation (www.bloomberg.com)
2024-6-19

Sources: Huawei, which is considering taking a cut of in-app purchases on HarmonyOS, nears a deal with Tencent to exclude WeChat from revenue sharing (www.bloomberg.com)
2024-6-19 WeChat Tencent

Qilin, a cohort of Russian-speaking hackers, claims responsibility for the ransomware attack impacting London hospitals for weeks and demands $50M to end it (www.bloomberg.com)
2024-6-19 Russia London

AMD says it is looking into claims that company information was stolen in a hack, after a user on BreachForums said they breached AMD's systems (www.bloomberg.com)
2024-6-19 AMD

Filings: X is still working on a Venmo-like payments feature, with a 2024 US launch target; X had $1.48B in revenue in first six months of 2023, down ~40% YoY (www.bloomberg.com)
2024-6-19

Blackstone plans to buy Japanese digital comic provider Infocom in a ~$1.7B deal, in its biggest private equity transaction in Japan to date (www.bloomberg.com)
2024-6-18 Japan Equity

Sources: Huawei is considering taking a cut of in-app purchases on its Harmony OS, and has discussed a ~20% fee with developers, below Apple and Google's 30% (www.bloomberg.com)
2024-6-18 Google Apple

Cambridge-based CuspAI, which is developing AI-powered tech for designing new materials, raised a $30M seed and has added Geoffrey Hinton to its advisory board (www.bloomberg.com)
2024-6-18 AI

Tether, the top stablecoin provider, says it made a new synthetic dollar that is backed by gold and will trade as aUSDT via smart contracts on Ethereum Mainnet (www.bloomberg.com)
2024-6-18 Ethereum

Mandiant: up to 10 companies breached in a campaign targeting Snowflake customers have been extorted with stolen data and face ransom demands from $300K to $5M (www.bloomberg.com)
2024-6-18

Interviews with ~12 sources detail Google's decision to create the Google DeepMind “super-unit” in April 2023, shifting the AI lab from research to products (www.bloomberg.com)
2024-6-17 Google AI

A look at Apple's slow rollout of AI features, impressive visionOS 2 beta, plans for thinnest, lightest devices in tech, including a phone in the iPhone 17 line (www.bloomberg.com)
2024-6-17 iPhone AI Apple

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