Articles from www.bloomberg.com

Articles from www.bloomberg.com

Foxconn agrees to acquire a 50% stake in Mitsubishi's automotive components unit for ~$727M; Mitsubishi will provide autonomous tech for Foxconn's EV platforms (www.bloomberg.com)
23 days ago Mitsubishi

A profile of Alona Katz, chief of Brooklyn DA's Virtual Currency Unit, who recently led an operation that seized and disrupted over 240 crypto fraud websites (www.bloomberg.com)
23 days ago

Sources: Nscale faces investor pushback on its ~$30B IPO valuation, with some urging a lower valuation of $16B to $19B, as Microsoft exits a UK data center deal (www.bloomberg.com)
23 days ago Microsoft IPO

Sources: HomeView units sat in warehouses for months; Apple plans a Nov. 6 store reset, likely for new Macs; iPhone Duo preorder mess could boost 18 Pro sales (www.bloomberg.com)
23 days ago iPhone Apple

GTCR and Elliott agree to acquire and take private CCC, a Nasdaq-listed car insurance software provider, for $4.6B; the deal values CCC at $6.1B including debt (www.bloomberg.com)
24 days ago Insurance

Filing: Disney agreed to hire 60+ staff from Character.AI and pay them ~$180M over three years, plus $30M for retention awards; a bankruptcy judge must approve (www.bloomberg.com)
24 days ago AI

DeepSeek releases V4.1-Flash-1017, an update it says offers “stronger benchmark performance, faster task completion, and shorter outputs” than its predecessor (www.bloomberg.com)
24 days ago

Zelenskyy says Starshield restrictions are affecting only Ukraine, leading him to believe they are a “planned operation” rather than technical issues (www.bloomberg.com)
24 days ago Ukraine

A profile of Blackstone President Jon Gray, who is making AI his biggest bet, has built a $200B data center empire, and is building a cloud venture with Google (www.bloomberg.com)
24 days ago Google AI

Sources: Apple has hired Scott Tucker, Meta VP and deputy general counsel, as its new litigation chief, as part of a shakeup in its legal team (www.bloomberg.com)
25 days ago Apple

Sources: SoftBank weighs buying US security services giant Allied Universal at an ~$18B equity valuation, as Masayoshi Son explores deploying AI-powered robots (www.bloomberg.com)
25 days ago AI Robot Equity

Three CoreWeave co-founders have sold $3.3B in stock since its March 2025 IPO, including $2.4B in 2026 alone; CoreWeave stock fell 60%+ from its June 2025 peak (www.bloomberg.com)
25 days ago IPO

In its first meeting, Trump's Super Intelligence Force says it plans to commission a report on AI risks and develop protocols for labs to provide early warnings (www.bloomberg.com)
25 days ago Trump AI Intelligence

Organizers abruptly cancel 2026's Grace Hopper Celebration, one of the biggest events for women in tech, after sponsorships and registrations fall short (www.bloomberg.com)
25 days ago

Taiwan plans to curb AI server and chip exports to China as part of a US trade deal and make shipping restricted AI hardware to China a criminal offense (www.bloomberg.com)
26 days ago China Taiwan AI

China is considering adding 23 AI technologies to its export control list, including LLMs and chip designs, to keep closer control over homegrown advancements (www.bloomberg.com)
26 days ago China AI

Taiwan plans US industrial parks costing $2B to $4B each, starting with a Texas complex costing up to $4B, to build a supply chain for Nvidia, TSMC, and Foxconn (www.bloomberg.com)
26 days ago Taiwan Nvidia Texas

Sources detail Nscale's setbacks ahead of an IPO at up to a $35B valuation, including a six-month delay in Norway and penalties owed to Microsoft and ByteDance (www.bloomberg.com)
26 days ago Microsoft IPO Norway

A US official says Trump didn't order any limitations on Ukraine's access to SpaceX's Starshield; Elon Musk said any limits are ultimately decided by POTUS (www.bloomberg.com)
26 days ago Trump Ukraine Elon Musk SpaceX

Sources: Binance.US seeks to raise up to $100M, targeting a ~$1B valuation in the private round, as it aims to expand its US business; WLF is not participating (www.bloomberg.com)
26 days ago

Sony launches three new Android-powered Walkman music players, including the gold-plated NW-WM1ZM3 for $5,900, as it targets the audiophile market (www.bloomberg.com)
26 days ago Android Sony

Current and ex-a16z partners and others say Marc Andreessen is driven by grievances that don't quite match reality, as his influence grows in the White House (www.bloomberg.com)
26 days ago

Amazon launches two AI wearables, the $75 Bee Frontier wristband and $100 Bee Eclipse magnetic phone-attachment recorder, with a $12/month Bee Pro subscription (www.bloomberg.com)
26 days ago Amazon AI

A profile of Marc Andreessen, who sources say is close to White House COS Susie Wiles and has publicly described a fallout with Biden officials over AI policy (www.bloomberg.com)
27 days ago AI

Ramp raised $1.85B led by Dragoneer at a $60B valuation, up from $44B after raising $750M in June, and hits $2B in annualized revenue, up from $1.5B in June (www.bloomberg.com)
27 days ago

TSMC CEO C.C. Wei says the company is in talks over Elon Musk's Texas-based Terafab project, but stresses that any participating fab “has got to be run by TSMC” (www.bloomberg.com)
27 days ago Elon Musk Texas

Filing: Abdulrahman Alfozan, his wife, and a family member booked one-way tickets from the US to Saudi Arabia for October 12; the FBI arrested him on October 9 (www.bloomberg.com)
27 days ago Arabia FBI Saudi Arabia

A look at L-Acoustics, whose audio platform uses machine learning to help artists like Céline Dion isolate their voices and cut through noise at live concerts (www.bloomberg.com)
27 days ago Machine Learning

Sources: ByteDance is in advanced talks to buy data center ASICs from MediaTek, potentially becoming its second major customer for such chips after Google (www.bloomberg.com)
27 days ago Google

OpenAI agrees not to use trade secrets that Apple claims were stolen while their lawsuit plays out, and to collect forensic images of 14 employees' devices (www.bloomberg.com)
27 days ago Apple

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