Articles from www.bloomberg.com

Articles from www.bloomberg.com

Docs: RISC-V chip designer SiFive had $38.2M in revenue in 2023, a net operating loss of $113.1M, and expects to boost its licensing revenue to $60M this year (www.bloomberg.com)
2024-3-13

Letter: Chamath Palihapitiya's VC firm Social Capital said it fired two of its partners, citing an undisclosed “situation”, and hired a law firm to investigate (www.bloomberg.com)
2024-3-13

Sources: the Pentagon abandoned its plan to spend as much as $2.5B on a chip grant to Intel, putting the onus on the Commerce Dept. to make up for the shortfall (www.bloomberg.com)
2024-3-13 Intel Pentagon

Source: Physical Intelligence, a startup making an AI model for “any robot or physical device”, has raised $70M from Thrive, Khosla, Lux, OpenAI, Sequoia, more (www.bloomberg.com)
2024-3-13 Startup AI Robot Intelligence

TikTok Plans Full Legal Fight If US Divestment Bill Becomes Law (www.bloomberg.com)
2024-3-13

Nanonets, which offers AI tools to process business invoices in as little as one minute, raised a $29M Series B led by Accel India, for $40M in total funding (www.bloomberg.com)
2024-3-13 India AI

Cognition AI, which offers a Copilot-like coding assistant that, the startup says, can finish whole projects, raised $21M from Founders Fund, Elad Gil, and more (www.bloomberg.com)
2024-3-13 Startup AI

Americans' Outlook for Medium, Longer-Term US Inflation Climbs (www.bloomberg.com)
2024-3-12 U.S. Inflation

CoinShares: as bitcoin topped $72K, a record $2.7B flowed into crypto assets last week; in 2024 so far, $10.3B flowed to crypto assets, close to 2021's $10.6B (www.bloomberg.com)
2024-3-12 Bitcoin Asset

EU countries reach a compromise deal on gig economy workers' rights, breaking a logjam by letting states make decisions; EU Parliament and members must approve (www.bloomberg.com)
2024-3-12

Argentina Cuts Rates to 80% in Surprise Move as Inflation Cools (www.bloomberg.com)
2024-3-12 Inflation

Jamie Dimon Warns US Recession ‘Not Off the Table' Yet (www.bloomberg.com)
2024-3-12

Meta sues ex-VP Dipinder Singh Khurana for allegedly stealing documents related to employee pay and private contracts before leaving for a stealth AI startup (www.bloomberg.com)
2024-3-12 Startup AI

Bloomberg: Swing-State Residents Lead Misery Index as 2024 Election Ignites (www.bloomberg.com)
2024-3-12

Filing: OpenAI rebuts Elon Musk's lawsuit, saying OpenAI didn't violate its founding agreement because “there is no founding agreement, or any agreement at all” (www.bloomberg.com)
2024-3-12 Elon Musk

US Will ‘Do Whatever It Takes' to Curb China Tech, Raimondo Says (www.bloomberg.com)
2024-3-12 China

Bloomberg: Tyson Is Hiring New York Immigrants for Jobs No One Else Wants (www.bloomberg.com)
2024-3-12 Immigration New York

Academics Question ESG Studies That Helped Fuel Investing Boom (www.bloomberg.com)
2024-3-12

An Italian minister says Singapore-based Silicon Box plans to invest €3.2B to build a chip factory; Silicon Box raised $200M in January 2024 at a $1B+ valuation (www.bloomberg.com)
2024-3-11 Italy Singapore

Internal memo: Alibaba plans to roll out a new staff incentive plan on April 1 that combines equity with cash, a significant change to attract and retain talent (www.bloomberg.com)
2024-3-11 Alibaba Equity

UK savings platform Flagstone, which lets its 600K+ users split cash across providers, raised £108M from Arizona-based Estancia for a minority stake (www.bloomberg.com)
2024-3-11

Bond Investors Are Lining Up to Fund the War Against Putin (www.bloomberg.com)
2024-3-11 Putin

Global Population Crash Isn't Sci-Fi Anymore (www.bloomberg.com)
2024-3-11

A look at the design options Apple considered for its car, including one by Jony Ive that resembled a modern reincarnation of the 1950s Volkswagen microbus (www.bloomberg.com)
2024-3-11 Apple

8 More Banks Added to Problem List by FDIC Last Quarter (www.bloomberg.com)
2024-3-11

Musk Increasingly Puts His Thumb on the Scale for Trump's GOP (www.bloomberg.com)
2024-3-10 Trump Republican

Biden Signs $460 Billion Funding Package That Averts Shutdown (www.bloomberg.com)
2024-3-10

Haitian Gangs Torch Ministry as Nation Descends Into Lawlessness (www.bloomberg.com)
2024-3-10

Experts say the weakening of LockBit and BlackCat marks a significant milestone in efforts to thwart cybercriminals, but ransomware hackers are not going away (www.bloomberg.com)
2024-3-10

Latvian Premier Slams Putin for Intimidating Russia's Neighbors (www.bloomberg.com)
2024-3-9 Russia Putin

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