Articles from www.bloomberg.com

Articles from www.bloomberg.com

Crypto and tech entrepreneurs are attending Network School, founded by Balaji Srinivasan in Forest City, Malaysia, to test his concepts about the Network State (www.bloomberg.com)
2025-8-31 Malaysia Entrepreneur

A study focused on OpenAI's GPT-4o mini found that LLMs can be persuaded to comply with objectionable requests using the same tactics that persuade humans (www.bloomberg.com)
2025-8-30

China says it will prevent excess competition in the AI sector, echoing Xi Jinping's caution against excessive local government investment in AI last month (www.bloomberg.com)
2025-8-30 China AI

SEC filing: Super Micro cautions that its financial control weaknesses, if not fixed, could hurt its ability to report results “in a timely and accurate manner” (www.bloomberg.com)
2025-8-30

French President Emmanuel Macron vows a strong response if any country takes measures that undermine Europe's digital sovereignty (www.bloomberg.com)
2025-8-30 France Europe

A judge rules Nvidia must face trial over allegations that it benefitted from autonomous driving data stolen by an engineer who defected from Valeo in 2021 (www.bloomberg.com)
2025-8-29 Nvidia

Huawei reports H1 2025 revenue up 3.9% YoY to ~$58.5B, driven by soaring AI compute demand and a rebound in phone sales, and net profit down 32% YoY to ~$5.2B (www.bloomberg.com)
2025-8-29 AI

Elon Musk files a motion to dismiss a US SEC suit over his 2022 Twitter stake disclosure, calling allegations that he cheated investors a government overreach (www.bloomberg.com)
2025-8-29 Twitter Elon Musk

The CFTC says non-US crypto exchanges have a path to bringing on US users, in an advisory clarifying how they can register as so-called foreign boards of trade (www.bloomberg.com)
2025-8-29 CFTC

Source: Mark Zuckerberg lobbied President Trump against digital service taxes, which Trump then publicly criticized; Meta confirms they met privately last week (www.bloomberg.com)
2025-8-29 Trump Tax Zuckerberg

Commonwealth, which wants to build a fusion power plant, raised $863M from Nvidia's NVentures, Khosla Ventures, and Google, bringing its total raised to ~$3B (www.bloomberg.com)
2025-8-29 Google Nvidia

The US starts publishing GDP data on nine public blockchains including Bitcoin, Ethereum, and Solana, with the help of Coinbase, Kraken, and Gemini (www.bloomberg.com)
2025-8-29 Bitcoin GDP Ethereum Coinbase

Dutch web design automation startup Framer raised $100M led by Meritech and Atomico with Accel participation at a $2B valuation, after raising $27M in 2023 (www.bloomberg.com)
2025-8-28 Startup Netherlands

Nvidia CFO Colette Kress says the US hasn't outlined its plan for a 15% China commission, Nvidia won't pay until it has it, and it can sell AI chips without it (www.bloomberg.com)
2025-8-28 China AI Nvidia

Google plans to invest an additional $9B in Virginia through 2026 to boost its cloud and AI infrastructure, including a new data center in Chesterfield County (www.bloomberg.com)
2025-8-28 Google AI Virginia

An in-depth look at India's quick commerce boom, driven by Blinkit, Zepto, and Instamart, which have collectively lost more than $1.4B in the past four years (www.bloomberg.com)
2025-8-28 India

HP reports Q3 revenue up 3.1% YoY to $13.9B, vs. $13.7B est., Personal Systems revenue up 6% to $9.9B, and forecasts Q4 profit above estimates (www.bloomberg.com)
2025-8-28 4Q

CrowdStrike reports Q2 revenue up 21% YoY to $1.17B, above $1.15B est., and forecasts Q3 revenue below estimates; CRWD drops 6%+ after hours (www.bloomberg.com)
2025-8-28

Snowflake reports Q2 product revenue up 32% YoY to $1.09B, above $1.04B est., and forecasts FY 2026 product revenue above estimates; SNOW jumps 11%+ after hours (www.bloomberg.com)
2025-8-28

Sources: cloud startup Vercel is raising hundreds of millions of dollars led by Accel at a valuation of about $9B, up from about $3B in a round last year (www.bloomberg.com)
2025-8-28 Startup

Circana: in July, Sea's Free Fire jumped seven spots to 6th in US mobile game sales, above COD, driven by anime and Netflix tie-ins; US users buy 2M Switch 2s (www.bloomberg.com)
2025-8-28 Mobile Netflix

Meituan reports Q2 revenue up 11.7% YoY to ~$12.8B and net income down 97% YoY to ~$51M, blaming “irrational competition” in the Chinese food delivery market (www.bloomberg.com)
2025-8-27 China

Malaysian chip designer SkyeChip unveils the MARS1000, the country's first edge AI processor, as Malaysia seeks to climb the global semiconductor value chain (www.bloomberg.com)
2025-8-27 AI Malaysia

Chinese AI chip designer Cambricon reports 44-fold revenue growth and a profit of ~$144M in H1 2025, after Beijing encouraged companies to use homegrown tech (www.bloomberg.com)
2025-8-27 China AI

OpenAI plans to update ChatGPT to better respond to mental distress cues, provide parental controls, and bolster safeguards around conversations about suicide (www.bloomberg.com)
2025-8-27

Sources: Microsoft has asked FBI for help tracking pro-Palestinian protests, and flagged internal emails with words like “Gaza”, deleted posts, and fired staff (www.bloomberg.com)
2025-8-27 Microsoft FBI

Trump says Meta plans to spend $50B on its “Hyperion” data center under construction in Louisiana; earlier, Meta said that its investment would exceed $10B (www.bloomberg.com)
2025-8-27 Trump

Sources and docs: Microsoft worked with the FBI to track anti-Israel protests, flagged internal emails with words like “Gaza”, deleted posts, and fired staff (www.bloomberg.com)
2025-8-26 Israel Microsoft FBI

AT&T agrees to buy spectrum licenses from EchoStar for ~$23B in cash, adding 50MHz of low-band and mid-band spectrum, set to close by mid-2026 (www.bloomberg.com)
2025-8-26 AT&T

Yield Sec: illegal gambling operators captured 71% of Europe's online betting and casino market in 2024, or €80.65B, as regulators struggle with crypto casinos (www.bloomberg.com)
2025-8-26 Europe

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