Articles from www.bloomberg.com

Articles from www.bloomberg.com

Six months after bitcoin halving, some miners are keeping the Bitcoin they produce while an increasing number of companies are spending more on AI data centers (www.bloomberg.com)
2024-10-20 Bitcoin AI

DJI sues the US DOD for adding the drone maker to a list designating it as a Chinese military company, after failing to engage on the issue for over 16 months (www.bloomberg.com)
2024-10-19 China Drone

Netherlands unveils new rules requiring an export permit to sell quantum computers, quantum measurement equipment and chipmaking tech, and more outside the EU (www.bloomberg.com)
2024-10-19 Netherlands Quantum

Verizon will buy some of US Cellular's spectrum licenses for $1B, contingent on closing a deal announced in May to sell some US Cellular assets to T-Mobile (www.bloomberg.com)
2024-10-19 Mobile Asset

Sources: the EU warns X that it may calculate fines against X by including Elon Musk's other companies' revenue; the DSA can fine 6% of global annual revenue (www.bloomberg.com)
2024-10-17 Elon Musk

An interview with Uber CEO Dara Khosrowshahi on autonomous cars, lobbying regulators to get more EVs on the road, flying taxis, climate goals, and more (www.bloomberg.com)
2024-10-17 Uber Interview Climate Autonomous Car

TSMC reports Q3 revenue up 39% YoY to ~$23.6B and net income up 54.2% YoY to ~$10.1B, both above estimates, boosted by strong sales of Nvidia AI chips (www.bloomberg.com)
2024-10-17 AI Nvidia

Boston Dynamics and Toyota Research Institute partner to speed up development of humanoid robots using TRI's large behavior models and Boston Dynamics' Atlas (www.bloomberg.com)
2024-10-17 Robot Toyota Boston Dynamics

Apple's chief people officer, Carol Surface, is leaving after joining in early 2023; retail chief Deirdre O'Brien is reassuming oversight of human resources (www.bloomberg.com)
2024-10-17 Retail Apple

Instacart names Anirban Kundu, head of engineering for Uber's delivery business, as its new CTO, a position that has been vacant for eight months (www.bloomberg.com)
2024-10-17 Uber

ASML CEO Christophe Fouquet says he expects a slow chip market recovery to extend “well into 2025” due to “customer cautiousness”, as the US' China rules bite (www.bloomberg.com)
2024-10-17 China

Lightmatter, which uses silicon photonics with waveguides instead of wires in chips, raised a $400M Series D led by T. Rowe Price at a $4.4B valuation (www.bloomberg.com)
2024-10-17

Airbnb launches the Co-Host Network to help homeowners hire fellow hosts to manage their rentals in the US, the UK, Canada, France, Spain, and Brazil (www.bloomberg.com)
2024-10-17 France Airbnb Canada Spain Brazil

A profile of Neuralink's top neurosurgeon Matthew MacDougall, who has worked there for seven years and is an even-keeled, affable counterbalance to Elon Musk (www.bloomberg.com)
2024-10-16 Elon Musk

ASML's stock falls the most since 1998 after projecting sluggish sales, erasing €50B from its market cap and causing Nvidia and other chip stocks to fall (www.bloomberg.com)
2024-10-16 Nvidia

Filing: US prosecutors ask a judge to sentence Ilya Lichtenstein, mastermind of the 2016 Bitfinex hack, to five years in prison; sentencing is due in November (www.bloomberg.com)
2024-10-16

Overseas share sales by Taiwanese companies, led by chipmakers and hardware manufacturers, have totalled $2.9B so far in 2024, on track for the most since 2007 (www.bloomberg.com)
2024-10-16 Taiwan

Filing: Elon Musk poured ~$75M into his pro-Trump America PAC, making seven donations between July 3 and September 5; Musk was the PAC's only donor (www.bloomberg.com)
2024-10-16 Trump U.S. Elon Musk

Filings: Marc Andreessen and Ben Horowitz each donated $2.5M to pro-Trump super PAC Right For America; Andreessen also gave ~$844K to the GOP and Trump campaign (www.bloomberg.com)
2024-10-16 Trump U.S. Republican

Sources: Qualcomm is likely to wait until after the US presidential election in November before deciding whether to pursue an offer to buy Intel (www.bloomberg.com)
2024-10-16 Intel

ASML reports Q3 order bookings down 53% QoQ to €2.6B, far below €5.39B est., and Q3 net income of €2.1B, in results apparently released early; ASML drops 15%+ (www.bloomberg.com)
2024-10-16

Data center developer DataBank raised $2B led by the AustralianSuper pension fund to build three US facilities, taking its total raised to $4B+ in the past year (www.bloomberg.com)
2024-10-15

The US awards $750M to Wolfspeed, which makes EV chips, alongside $750M in financing led by Apollo to build new $6B+ factories in North Carolina and New York (www.bloomberg.com)
2024-10-15 New York

Alphabet's stock has fallen 15%+ from its $191.18 record high on July 10, as the DOJ seeks a breakup of Google (www.bloomberg.com)
2024-10-15 Google Alphabet

Farther, which makes software for financial advisers, raised $72M led by CapitalG and Viewpoint Ventures at a $542M valuation, taking its total funding to $117M (www.bloomberg.com)
2024-10-15

Report: 47% of traditional hedge funds have crypto investments, up from 29% in 2023; amongst the funds that invested in crypto, 33% plan to invest more in 2024 (www.bloomberg.com)
2024-10-15

Sources: in negotiations with California lawmakers, Google insisted that the state use taxpayer funds as a precondition to spending $110M to support journalism (www.bloomberg.com)
2024-10-15 Google California

Investigation: Uber and Lyft lockouts for 800+ NYC drivers occurred almost every hour of every day, saving the companies hundreds of millions of dollars in pay (www.bloomberg.com)
2024-10-15 Uber

A look at sports data tech companies like Sportradar, which set betting odds for sports gambling apps and websites, as they build models to keep people betting (www.bloomberg.com)
2024-10-15

A look at Apple's new home strategy and plans for a ~$2K headset in 2025, Vision Pro 2 in 2026, and Ray-Ban Meta-like glasses and AirPods with cameras in 2027 (www.bloomberg.com)
2024-10-15 Apple Ban

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