Articles from www.bloomberg.com

Articles from www.bloomberg.com

Google says the company will “pause the image generation of people” via Gemini “and will re-release an improved version soon” while working to fix its “issues” (www.bloomberg.com)
2024-2-22 Google

A profile of NetChoice, whose revenue jumped from $3M in 2020 to $34M in 2022, as it prepares to fight Florida and Texas' social media laws in front of SCOTUS (www.bloomberg.com)
2024-2-22 Texas

Filing: Roblox paid out a record $740.8M to over 12,000 game creators in 2023, up 19% YoY; ~3,500 creators earned over $10,000, and ~750 earned over $100K (www.bloomberg.com)
2024-2-22

How Japan plans to spend ~$67B to revive domestic chipmaking prowess, hoping to leverage the US' supply chain concerns; Rapidus plans to make 2nm chips by 2027 (www.bloomberg.com)
2024-2-22 Japan

Microsoft plans to use Intel's 18A tech to make a forthcoming chip that Microsoft designed in-house; Microsoft recently announced two computer and AI chips (www.bloomberg.com)
2024-2-22 Microsoft Intel AI

How Japan plans to spend $67B to revive its domestic chip production, hoping to leverage US supply chain concerns, including Rapidus building 2nm chips by 2027 (www.bloomberg.com)
2024-2-22 Japan

China's Ministry of State Security warns unnamed hackers are obtaining data on key issues, like food production and the weather, in a series of WeChat posts (www.bloomberg.com)
2024-2-21 China WeChat

Cybersecurity experts say global law enforcement agencies dealt Russia-linked LockBit a major blow, but history shows that ransomware gangs regroup quickly (www.bloomberg.com)
2024-2-21 Russia

Filing: Samsung sold 1.58M ASML shares, or 0.4% of ASML, worth ~$930M in September 2023, reducing its stake to zero, as Samsung looks to new areas of chipmaking (www.bloomberg.com)
2024-2-21 Samsung

A profile of ElevenLabs, whose AI voice cloning tech is being used to spoof politicians; five of ElevenLabs' 40 employees are dedicated to trust and safety (www.bloomberg.com)
2024-2-21 AI

DefiLlama: the total value of tokens sent to the Bitcoin DeFi market surpassed $1B; CryptoSlam: daily NFT sales volume on Bitcoin beat Ethereum in early January (www.bloomberg.com)
2024-2-21 Bitcoin Ethereum

Sources: Apple's longtime VP in charge of acoustics Gary Geaves is stepping down, replaced by Ruchir Davé, another big shakeup in the hardware engineering group (www.bloomberg.com)
2024-2-21 Apple

A look at a16z's growing DC lobbying operation, which spent almost $1M in 2023, easily the most among VCs, and aims to help its defense-focused startups (www.bloomberg.com)
2024-2-21 Startup

Sources: Apple COO Jeff Williams makes a rare visit to Taiwan to celebrate Foxconn's 50th anniversary, joining SVP of Operations Sabih Khan at a gala event (www.bloomberg.com)
2024-2-21 Taiwan Apple

Tinder plans to roll out its new ID checks in the US, the UK, Brazil, and Mexico, after tests in Australia and New Zealand, to combat AI scams and dating crimes (www.bloomberg.com)
2024-2-20 Australia Mexico AI New Zealand Brazil

Recogni, which designs AI chips for autonomous vehicles, raised a $102M Series C led by Celesta Capital and GreatPoint, taking its total funding to $175M (www.bloomberg.com)
2024-2-20 AI Autonomous Car

Law enforcement from 11 countries, including the FBI and UK National Crime Agency, disrupt the LockBit gang and seize 11K domains used to facilitate ransomware (www.bloomberg.com)
2024-2-20 FBI

Apple Store sources: Vision Pro returns are between average and above average compared to other products; in-store demo conversion rate is as high as 10% to 15% (www.bloomberg.com)
2024-2-19 Apple

A Florida court filing accuses the Bahamas-based Deltec Bank of giving Alameda Research a short-term line of credit worth billions of dollars to buy Tether (www.bloomberg.com)
2024-2-18

Sources: the UK, the US, and other allies are working to provide Ukraine with thousands of new AI-enabled drones that could swarm Russian targets simultaneously (www.bloomberg.com)
2024-2-18 Russia AI Drone Ukraine

A look at the global outreach of India's UPI, which has expanded to seven Asian countries and now allows Indian tourists to buy tickets at the Eiffel Tower (www.bloomberg.com)
2024-2-17 India

Sources: Reddit signed a deal early in 2024, worth ~$60M on an annualized basis, allowing a large unnamed AI company to train its models on Reddit's content (www.bloomberg.com)
2024-2-17 AI Reddit

Sources: the Biden administration is in talks to confer more than $10B in subsidies to Intel, in what would be the largest award yet under the CHIPS Act (www.bloomberg.com)
2024-2-17 Intel

Sources: Masayoshi Son seeks ~$100B for an AI chip venture to compete with Nvidia; one scenario involves $30B from SoftBank and $70B from Middle East investors (www.bloomberg.com)
2024-2-17 AI Nvidia

OpenAI's Sora announcement sparks awe and horror, as the company continues to be frustratingly secretive about the data used to train the text-to-video model (www.bloomberg.com)
2024-2-17

Sources: Sam Altman is working to get US approval for his chip project as the involvement of UAE and others risks raising national security, antitrust concerns (www.bloomberg.com)
2024-2-17

Reserve Bank of India says it is not planning harsher rules to curb the country's fintech sector, weeks after abruptly suspending Paytm Payments Bank operations (www.bloomberg.com)
2024-2-16 India Fintech

The FTC proposes new rules that would make companies liable if they “know or have reason to know” their AI tech is being used to harmfully impersonate consumers (www.bloomberg.com)
2024-2-16 AI

The US and its allies disrupt access by Russia-backed hacking group APT28, or Fancy Bear, to 1,000+ home and small business routers used for criminal purposes (www.bloomberg.com)
2024-2-16 Russia

Toast plans to lay off ~550 employees, or ~10% of its workforce, to promote “operating expense efficiency” and will incur about $50M in costs such as severance (www.bloomberg.com)
2024-2-16

Previous Page Next Page