Articles from www.bloomberg.com

Articles from www.bloomberg.com

China's market regulator says it is investigating Trip.com, the country's largest online travel agency, over alleged antitrust conduct, without offering details (www.bloomberg.com)
25 days ago China

Analysis: DeepSeek's hedge fund parent High-Flyer posted 56.6% average returns across its quant funds in 2025, boosting potential cash available for DeepSeek (www.bloomberg.com)
25 days ago

Elon Musk says Tesla will stop selling FSD after February 14 and will offer it only as a monthly subscription; FSD is already available for $99 per month (www.bloomberg.com)
25 days ago Tesla Elon Musk

Saudi Arabia's PIF is transferring ~$12B worth of gaming company shares, including Nintendo, to Savvy Games; PIF transferred 11M Take-Two shares in December (www.bloomberg.com)
25 days ago Arabia Nintendo Saudi Arabia

Caterpillar hits a $300B market cap for the first time, driven by demand for its data center power generation equipment; CAT is up 12% in 2026 to a record ~$640 (www.bloomberg.com)
25 days ago

Z.ai releases GLM-Image, an open-source multimodal AI model trained on Huawei chips that it says is China's first to be fully trained using domestic chips (www.bloomberg.com)
25 days ago China AI

Holistic Resilience, a US group that helps Iranians secure internet access, says SpaceX has waived Starlink subscription fees amid a days-long internet blackout (www.bloomberg.com)
26 days ago Iran SpaceX

Under new licensing requirements, the US Commerce Department says exports of Nvidia's H200 chips and AMD's MI325X chips will be reviewed on a case-by-case basis (www.bloomberg.com)
26 days ago Nvidia AMD

Liftoff, which helps companies place ads in mobile apps, files for a US IPO, reporting a $25.6M net loss on $491.6M in revenue in the nine months up to Sept. 30 (www.bloomberg.com)
26 days ago IPO Mobile

Sources: AI chip startup Etched raised $500M led by Stripes at a $5B valuation, bringing its total funding to almost $1B (www.bloomberg.com)
26 days ago Startup AI

The US Senate passes the Defiance Act that would allow victims to sue over nonconsensual, sexually explicit AI-generated images, amid furor over Grok images (www.bloomberg.com)
26 days ago AI Senate

Taiwan issues an arrest warrant for OnePlus CEO Pete Lau for allegedly illegally recruiting 70+ Taiwanese engineers, amid a crackdown on Chinese talent raids (www.bloomberg.com)
26 days ago China Taiwan

Sources: India asked quick commerce companies to drop their 10-minute delivery promise due to concerns about rider safety; Blinkit already removed the assurance (www.bloomberg.com)
26 days ago India

Sources: Meta and EssilorLuxottica are discussing potentially doubling Ray-Ban Meta production to 20M+ units by the end of 2026 and possibly as high as 30M+ (www.bloomberg.com)
26 days ago Ban

Meta confirms it is laying off Reality Labs staff and will “reinvest the savings” in wearables; CTO Andrew Bosworth says 1,000+ staff will be notified Tuesday (www.bloomberg.com)
26 days ago

NYC-based Proxima, which uses AI to design drugs that control protein interactions, raised an $80M seed led by DCVC, with participation from Nvidia and others (www.bloomberg.com)
26 days ago AI Nvidia

Interviews with Spotify founder Daniel Ek on his CEO exit, and new co-CEOs Gustav Söderström and Alex Norström, who face algorithmic fatigue and angry artists (www.bloomberg.com)
26 days ago Spotify

Chinese chipmaker GigaDevice rose 54% in its Hong Kong debut after raising ~$600M in its IPO, and reported H1 2025 profit of ~$84M, up 14% from H2 2024 (www.bloomberg.com)
26 days ago China Hong Kong IPO

Personal finance app Betterment says an individual accessed certain systems to send fake crypto scam notification and believes the person accessed user info (www.bloomberg.com)
27 days ago

World Liberty Financial launches World Liberty Markets, letting users lend and borrow digital assets among one another, supporting its own token USD1 and others (www.bloomberg.com)
27 days ago Asset

Nvidia and Eli Lilly plan to invest $1B over five years in a new Silicon Valley-based AI drug laboratory, aiming to boost the pharmaceutical industry's AI use (www.bloomberg.com)
27 days ago AI Nvidia

Paris-based autonomous drone maker Harmattan AI raised a $200M Series B led by Dassault at a $1.4B valuation, and aims to produce 10K drones per month in 2026 (www.bloomberg.com)
27 days ago AI Drone Paris

Meta says it shut down nearly 550K accounts in Australia to comply with its under-16 social media ban, including 330K Instagram and 173K Facebook accounts (www.bloomberg.com)
27 days ago Australia Facebook Instagram Ban

Chinese AI executives say China is unlikely to eclipse the US in the AI race anytime soon, citing limited resources and US chip export curbs as key constraints (www.bloomberg.com)
27 days ago China AI

Tel Aviv-based Torq, which operates an autonomous AI-powered security operations platform, raised $140M led by Merlin Ventures at a $1.2B valuation (www.bloomberg.com)
28 days ago AI

Walmart partners with Google to offer AI-enhanced shopping, allowing users to purchase Walmart and Sam's Club items directly on Gemini (www.bloomberg.com)
28 days ago Google AI Walmart

Malaysia becomes the second country to limit access to Grok, joining Indonesia, over the chatbot's generation of sexual content (www.bloomberg.com)
28 days ago chatbot Malaysia Indonesia

Analysis: global AI-related companies drove ~40% of benchmark convertible bond index returns in 2025, pushing the amount raised to $166.5B, the most since 2001 (www.bloomberg.com)
28 days ago AI

China releases draft guidelines for governing online personal data collection, open for public consultation amid privacy concerns and companies' data misuse (www.bloomberg.com)
28 days ago China

A profile of Grubhub parent Wonder, which has raised about $2B and is rolling out robotic meal-assembly tech acquired from Sweetgreen for $186M in November 2025 (www.bloomberg.com)
29 days ago Robot

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