Articles from www.bloomberg.com

Articles from www.bloomberg.com

Source: ElevenLabs banned a creator's account after researchers said the company's tech was used to make an audio deepfake used in a fake Biden robocall (www.bloomberg.com)
2024-1-27

Capital One Charge-Offs Jump on Auto, Credit Card Write-Downs (up 77% YoY) (www.bloomberg.com)
2024-1-27

China Added More Solar Panels in 2023 Than US Did In Its Entire History (www.bloomberg.com)
2024-1-27 China Solar

Fed's Preferred Core Price Gauge Cools Amid Robust Spending. Core PCE index eased to 2.9% last month, lowest since 2021; Spending posted biggest back-to-back increase in nearly a year (www.bloomberg.com)
2024-1-27

Nikki Haley Super PAC Outraises Trump With Wall Street Help (www.bloomberg.com)
2024-1-26 Trump Wall Street

Omdia: Nintendo plans to introduce a new Switch gaming console in 2024 with an eight-inch LCD screen; the current seven-year-old Switch has sold over 132M units (www.bloomberg.com)
2024-1-26 Nintendo

The UK CMA launches first stage of its review of Vodafone and Three UK's merger, and sets March 22, 2024 as a deadline to decide on an in-depth investigation (www.bloomberg.com)
2024-1-26

Source: Sierra, an enterprise-focused AI startup co-founded by Bret Taylor, plans to raise $85M led by Sequoia at a ~$1B valuation; Taylor is on OpenAI's board (www.bloomberg.com)
2024-1-26 Startup AI

Sources: chipmaking startup Cerebras is weighing an IPO as soon as this year at a valuation higher than the $4B it achieved for its $250M Series F in 2021 (www.bloomberg.com)
2024-1-26 IPO Startup

Taiwan plans to spend ~$7.4M on the Trustworthy AI Dialogue Engine, or Taide, an LLM for businesses, banks, and other customers, to counter China's influence (www.bloomberg.com)
2024-1-26 China Taiwan AI

US Extends Lead Over China in Race for World's Biggest Economy - Bloomberg (www.bloomberg.com)
2024-1-26 China

PayPal rolls out product enhancements, including CashPass to let users earn cash back through the PayPal app and revamped Venmo business profiles (www.bloomberg.com)
2024-1-26

Sources: despite a US-Netherlands deal to limit ASML's China exports, the Dutch let ASML export to China after lobbying, to make up for weak demand elsewhere (www.bloomberg.com)
2024-1-26 China Netherlands

Google partners with Hugging Face to host the startup's open-source AI models on Google Cloud, letting Hugging Face developers access Google's computing power (www.bloomberg.com)
2024-1-26 Google Startup AI

Russian customs service data: Russia imported $1B+ of advanced US and European chips between January and September 2023, including Intel, AMD, and NXP chips (www.bloomberg.com)
2024-1-26 Russia Europe Intel AMD

Sources: research group China Tech Threat, which has advocated against Lenovo, aligns with the corporate interests of Dell and Micron, both long-term funders (www.bloomberg.com)
2024-1-25 China Lenovo

NATO Has Been Underestimating Russia's War Machine, Estonia Says (www.bloomberg.com)
2024-1-25 Russia

How the rising prices of streaming services are driving a new era of US pirate sites, bringing ~$2B per year in ads and subscriptions with a 90% profit margin (www.bloomberg.com)
2024-1-25

Franco-Italian chipmaker STMicro reports Q4 revenue down 3.2% YoY to $4.28B, meeting est., and expects Q1 revenue to fall 15% YoY to $3.6B, below $4.1B est. (www.bloomberg.com)
2024-1-25 Italy 4Q

Sources: Shein's shareholders offered to sell stock on the private market at $45B-$55B valuation in late 2023, down from Shein's ~$66B valuation in May 2023 (www.bloomberg.com)
2024-1-25

China's $6 Trillion Stock Wipeout Exposes Deeper Problems for Xi (www.bloomberg.com)
2024-1-25 China Stock

SK Hynix reports Q4 operating profit of ~$259M, versus estimates of a ~$127M loss, and revenue up 47% YoY to ~$8.4B, beating even the highest analyst forecast (www.bloomberg.com)
2024-1-25 4Q

Microsoft briefly reached a $3T market cap for the first time on January 24, becoming the second company to do so after Apple, before closing at a record $2.99T (www.bloomberg.com)
2024-1-25 Microsoft Apple

Filing: HPE says a group believed to be Russia-linked Midnight Blizzard gained unauthorized access to HPE's cloud-based email environment starting in May 2023 (www.bloomberg.com)
2024-1-25 Russia

Microsoft Hits $3 Trillion Value, Cementing Strength of AI Rally (www.bloomberg.com)
2024-1-25 Microsoft AI

Haley's Voters Will Haunt Trump Until November (www.bloomberg.com)
2024-1-25 Trump

Ring plans to stop letting police request footage from users' video doorbells and cameras via its tool next week; police and fire services will need a warrant (www.bloomberg.com)
2024-1-25

Ramaswamy Praises Trump for Opposing Central Bank Digital Dollar (www.bloomberg.com)
2024-1-25 Trump

Bank of Canada Holds Key Rate at 5%, Signals It's Done With Hikes (www.bloomberg.com)
2024-1-25 Canada

EquiLend, which processes $2.4T of securities-lending transactions per month, goes down after a January 22 cyberattack and says restoration may take a few days (www.bloomberg.com)
2024-1-25

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