Articles from www.bloomberg.com

Articles from www.bloomberg.com

A look at Intel's efforts to build Ohio One, a “mega fab” that could become the world's largest chip factory and to which the company has committed $28B (www.bloomberg.com)
2024-5-2 Intel

A look at Intel's efforts to build Ohio One, a “mega fab” that could become the world's largest chip factory and for which the company has committed $28B (www.bloomberg.com)
2024-5-2 Intel

Microsoft announces plans to invest $2.2B in cloud and AI infrastructure in Malaysia over four years and train 200,000 people with AI skills in the country (www.bloomberg.com)
2024-5-2 Microsoft AI Malaysia

SK Hynix says its capacity to make HBM chips is almost fully booked through 2025 and it now aims to begin mass production of its next-generation HBM chip in Q3 (www.bloomberg.com)
2024-5-2

US v. Google: Google paid Apple $20B in 2022 to be the default search engine in Safari; in 2020, Google's payments constituted 17.5% of Apple's operating income (www.bloomberg.com)
2024-5-2 Google Apple

A look at GM's risky bet to replace Apple's CarPlay with its own infotainment system, gambling on its software group, as carmakers worry over Apple's power (www.bloomberg.com)
2024-5-1 Apple

DOJ v. Google: Microsoft invested in OpenAI over fears of falling behind Google; Kevin Scott said he was “very, very worried” in a 2019 email to Satya Nadella (www.bloomberg.com)
2024-5-1 Google Microsoft

AMD projects its MI300 lineup to generate ~$4B in revenue in 2024, up $500M from an earlier forecast, but short of expectations; AMD drops 6%+ after hours (www.bloomberg.com)
2024-5-1 AMD

IBM wins a court decision overturning $1.6B in damages it was ordered to pay BMC in 2022 for swapping in its own software while servicing a mutual client, AT&T (www.bloomberg.com)
2024-5-1 IBM AT&T

Pinterest reports Q1 revenue up 23% YoY to $740M, vs. $700.3M est., MAUs up 12% to 518M, and Q2 revenue forecast above estimates; PINS jumps 15%+ after hours (www.bloomberg.com)
2024-5-1

Satellite telco SES has agreed to buy Starlink-rival Intelsat for $3.1B in cash (www.bloomberg.com)
2024-5-1

Network security startup Corelight raised a $150M Series E led by Accel, in a deal valuing it at $900M, says it is on track to hit $100M in ARR within months (www.bloomberg.com)
2024-5-1 Startup

In its first TikTok Shop Safety Report, TikTok reports 500K+ sellers in the US and 15M+ sellers worldwide in December 2023, adding 6M+ in H2 2023 (www.bloomberg.com)
2024-4-30

Enterprise browser startup Island raised $175M led by Sequoia and Coatue at a $3B valuation, up from $1.5B in October 2023, taking its total funding to $487M (www.bloomberg.com)
2024-4-30 Startup Browser

PayPal reports Q1 revenue up 9% YoY to $7.7B, payment volume up 14% YoY to $404B, transaction margin dollars up 4% YoY to $3.5B, and expects 2024 profit to drop (www.bloomberg.com)
2024-4-30

Huawei reports Q1 revenue up 37% YoY to ~$24.7B and net profit up 564% YoY to ~$2.7B, rising for the fourth consecutive quarter, buoyed by smartphone sales (www.bloomberg.com)
2024-4-30

The EU opens a DSA investigation into Facebook and Instagram over deceptive ad and political content; sources say the move relates to a pro-Kremlin campaign (www.bloomberg.com)
2024-4-30 Facebook Instagram

Internal Oracle documents: ~6,900 workers are assigned to California offices, compared to 2,500 in Texas, despite Oracle moving its HQ to Texas three years ago (www.bloomberg.com)
2024-4-30 Oracle California Texas

Ahead of CZ's sentencing on April 30, a look at the contrast between CZ/Binance and SBF/FTX, as Binance claims more than 40M new users in 2023, up 30% YoY (www.bloomberg.com)
2024-4-30

Microsoft announces plans to invest $1.7B in cloud and AI infrastructure in Indonesia over four years and train 840,000 people with AI skills in the country (www.bloomberg.com)
2024-4-30 Microsoft AI Indonesia

Tether says it invested $200M in brain-computer interface company Blackrock Neurotech, via its newly established VC arm Tether Evo (www.bloomberg.com)
2024-4-30

SCOTUS rejects an appeal from Elon Musk in his case to overturn an SEC agreement to have a lawyer pre-approve his posts about Tesla, without giving a reason (www.bloomberg.com)
2024-4-30 Tesla Elon Musk

Manor Lords, a new medieval city building game from Polish indie developer Grzegorz Styczen, sells 1M+ copies and hits 170K+ concurrent players on Steam (www.bloomberg.com)
2024-4-29 Poland

The European Commission designates iPadOS under the DMA, giving Apple six months to comply; iOS, the App Store, and Safari are already DMA designated (www.bloomberg.com)
2024-4-29 IOS Europe Apple

France makes a non-binding offer to buy some of Atos' operations, including its supercomputer and cyber products, for €700M to €1B, as Atos seeks to raise €1.7B (www.bloomberg.com)
2024-4-29 France

Sources: Tesla to clear a key hurdle to introduce its advanced assisted driving features in China by partnering with Baidu for mapping and navigation functions (www.bloomberg.com)
2024-4-29 China Tesla

Sources: the new iPad Pro may launch with an M4 chip, kicking off Apple's AI strategy that will be expanded at WWDC; the new Pencil will have haptic feedback (www.bloomberg.com)
2024-4-29 AI Apple iPad

Trump is using the prospect of a TikTok ban to court younger voters, blaming Biden for setting a ban in motion, as the new law rattles pro-Biden TikTok creators (www.bloomberg.com)
2024-4-28 Trump Ban

IBM plans to expand its semiconductor packaging and testing plant in Bromont, Quebec, with more than CA$1B in investments over the next five years (www.bloomberg.com)
2024-4-27 IBM Quebec

Filing: FTC says Jeff Bezos, Andy Jassy, and other Amazon execs used Signal's disappearing messages to conceal evidence in FTC's antitrust case against Amazon (www.bloomberg.com)
2024-4-27 Amazon Jeff Bezos

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