Articles from www.bloomberg.com

Articles from www.bloomberg.com

How Maynard v. Snapchat, a 2016 lawsuit linked to a car crash involving Snapchat's speed filter, sparked social media's legal reckoning over user safety (www.bloomberg.com)
13 days ago Snapchat

National Student Clearinghouse: US computer science enrollment fell 12%+ for undergrads and 10%+ for grad students this fall, as AI reduces coding jobs (www.bloomberg.com)
13 days ago AI

A profile of Tencent Cloud CEO Dowson Tong, who is shifting Tencent's AI focus toward businesses and betting on its Claude Cowork-style assistant WorkBuddy (www.bloomberg.com)
13 days ago AI Tencent

Samsung expects capex to rise ~60% to ~$63B this year, with HBM capacity sold out through 2027 and 10 long-term supply deals secured with key customers (www.bloomberg.com)
13 days ago Samsung

Samsung shares fall as much as 6.6% as a lack of a new shareholder return plan, higher capex, and its chip unit's profit miss weigh on investor sentiment (www.bloomberg.com)
13 days ago Samsung

DoorDash moves its Q3 earnings release from November 4 to before the market opens on October 29, amid reports of an imminent ~$17B deal to acquire Instacart (www.bloomberg.com)
13 days ago

Seoul-based AI chip startup FuriosaAI raised a $620M Series D at a $2.9B valuation, up from $735M in 2025; South Korea's National Growth Fund contributed $280M (www.bloomberg.com)
13 days ago Korea Startup AI

Sources: Marvell is in advanced talks to buy data center optics maker Lumentum, whose market value is ~$83B; the deal could be announced as soon as next week (www.bloomberg.com)
13 days ago

ServiceNow reports Q3 subscription revenue up 21% YoY to $3.99B, forecasts Q4 current remaining performance obligations below est.; NOW drops 15%+ after hours (www.bloomberg.com)
13 days ago 4Q

Chinese PCB maker Dongshan rises on its Hong Kong debut, after raising ~$1.3B in an IPO, below its $3B goal, at a $30B valuation, amid a tricky IPO market (www.bloomberg.com)
13 days ago China Hong Kong IPO

Samsung unveils the $229 Galaxy Buds On, its first open-fit, C-shaped cuff earbuds to compete with Sony and Bose, designed with AI's help, shipping November 6 (www.bloomberg.com)
13 days ago Samsung AI Sony

Chinese AI chipmaker Moore Threads reports Q3 revenue up 1,774% YoY to ~$240M and a ~$7.4M net profit; Moore is building a domestic 100K-GPU cluster with JD.com (www.bloomberg.com)
13 days ago China AI

Amazon unveils the $500 Echo Show 16, the $200 Echo Time alarm, and the $200+ Alexa Photo Frame, raises smart speaker prices, and previews Alexa Home Map (www.bloomberg.com)
13 days ago Amazon

AI and cloud cybersecurity startup Upwind Security raised $400M led by Bessemer at a $3.8B valuation, up from $1.5B in January, for $830M in total funding (www.bloomberg.com)
13 days ago Startup AI

The FCC warns TP-Link that three of its routers violate power limits, which could bring more bans, and it may have submitted “false or incorrect information” (www.bloomberg.com)
14 days ago

Source: Apple has discussed charging $2,899 for the 14-inch MacBook Pro with an OLED XDR touch screen and M5 Pro chip, $400 more than the current M5 Pro model (www.bloomberg.com)
14 days ago Apple MacBook

NXP reports Q3 revenue up 19% YoY to $3.79B, vs. $3.76B est., and forecasts Q4 revenue below estimates; NXPI drops 7%+ after hours (www.bloomberg.com)
14 days ago 4Q

Sources: AI robotics startup Physical Intelligence is in talks to raise $1B+ led by Avenir and Lux Capital at a ~$20B valuation, up from $11.5B earlier in 2026 (www.bloomberg.com)
14 days ago Startup AI Robot Intelligence

Sources: Meta's $25B share sale was oversubscribed 5x as it seeks $98B for AI spending; the 15 largest investors in the sale accounted for ~70% of shares (www.bloomberg.com)
14 days ago AI

Dallas-based Disruptive raised $10B to invest in AI, defense, and software, doubling its AUM, and pivots from single-deal SPVs to a discretionary fund structure (www.bloomberg.com)
14 days ago AI

Anduril and Qualcomm unveil BlueChip, a line of laptops designed and assembled in the US for defense and government; Anduril will begin taking orders in 2027 (www.bloomberg.com)
14 days ago

The FCC warns TP-Link that three routers exceeded power limits and it may have submitted “false or incorrect information”, a move that could allow further bans (www.bloomberg.com)
14 days ago

Hyphenate, which develops reinforcement-learning-driven AI agents to automate corporate finance tasks, raised a $45M Series A, taking its total funding to $54M (www.bloomberg.com)
15 days ago AI

A US federal judge orders the Trump administration to halt a ban prohibiting the Pentagon from doing business with companies lobbying for Alibaba (www.bloomberg.com)
15 days ago Trump Alibaba Ban Pentagon

Microsoft offers buyouts to ~60K workers, including at a VP level and below across the US, Canada, India, and the UK; its headcount at the end of June was 223K (www.bloomberg.com)
15 days ago India Microsoft Canada

Broadcom arranges a $63B deal with BofA, Blackstone, Citi, and Morgan Stanley to finance the purchase of chips for Anthropic via a new special purpose vehicle (www.bloomberg.com)
15 days ago Morgan Stanley

Intel agrees to acquire Tel Aviv-based quantum computing startup Classiq; Classiq has raised more than $200M in funding and has about 130 employees (www.bloomberg.com)
15 days ago Intel Startup Quantum

Sources: Hong Kong-based stablecoin payments company RedotPay plans a US IPO filing by year-end and is in talks for a pre-IPO round at a $4B to $5B valuation (www.bloomberg.com)
15 days ago Hong Kong IPO

Anthropic's S-1 shows a governance structure that suits a “fun quirky little mission-driven worker cooperative” seeking to raise billions as a public company (www.bloomberg.com)
15 days ago

Microsoft offers buyouts to ~60K workers at VP level and below across teams in the US, Canada, India, and the UK; its headcount at the end of June was 223K (www.bloomberg.com)
15 days ago India Microsoft Canada

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