Articles from www.bloomberg.com

Articles from www.bloomberg.com

World Bank Warns Poor Nations Risk 'Lost Decade' With Record Debt Burden (www.bloomberg.com)
2024-1-10 World Bank

TSMC reports December 2023 revenue down 8.4% YoY to ~$5.7B, Q4 revenue flat YoY to ~$20.1B, beating estimates, and 2023 revenue down 4.5% YoY to ~$69.56B (www.bloomberg.com)
2024-1-10 4Q

Vietnam-based Be Group, which provides ride-hailing, delivery, and digital financial services, raised ~$30M from VPBank, in a bid to take on Grab and GoTo (www.bloomberg.com)
2024-1-10 Vietnam

War Over Taiwan Would Cost World Economy $10 Trillion (www.bloomberg.com)
2024-1-10 Taiwan

Former Apple VP of finance Saori Casey will become CFO at Sonos, replacing Eddie Lazarus, who will take on the new role of chief strategy officer (www.bloomberg.com)
2024-1-10 Apple

Sources: Twitch could cut 500 employees, or about 35% of its staff, as soon as Wednesday amid concerns over losses at Twitch and after several top execs left (www.bloomberg.com)
2024-1-10

Match Group names Tinder COO Faye Iosotaluno as CEO of Tinder, ending a nearly two-year vacancy during which Match Group's CEO held both titles (www.bloomberg.com)
2024-1-10

India's Plans to Double Coal Production Ignore Climate Threat (www.bloomberg.com)
2024-1-10 India Climate

Amazon announces Matter Casting, an Apple AirPlay-like feature to send video from different platforms to Amazon devices, initially supporting Echo Show devices (www.bloomberg.com)
2024-1-10 Amazon Apple

Russia Arrests US Citizen Accused of Drug Trafficking (www.bloomberg.com)
2024-1-9 Russia

The EU begins investigating whether Microsoft's OpenAI investment is reviewable under its rules, and asks for feedback on generative AI and virtual worlds (www.bloomberg.com)
2024-1-9 Microsoft AI

Beijing's judicial bureau says a state-backed institution cracked Apple's AirDrop to identify message senders, and police found multiple suspects via the method (www.bloomberg.com)
2024-1-9 Apple

African Nations Dominate IMF's Top 10 Economic Growth Spots in 2024 (www.bloomberg.com)
2024-1-9 Africa IMF

Filing: JD-backed Dada Nexus is investigating “suspicious practices”, including a ~$140M overstatement of revenue and costs in 2023, triggering a 46% stock dive (www.bloomberg.com)
2024-1-9

Blackstone's First Private Equity Fund for Rich Individuals Gets $1.3 Billion (www.bloomberg.com)
2024-1-9 Equity

Duolingo cuts 10% of its contractors, partly attributing the move to its use of more AI to create app content (www.bloomberg.com)
2024-1-9 AI

Twilio co-founder and CEO Jeff Lawson steps down as CEO and from the board, replaced by Khozema Shipchandler, amid slow growth and activist investor pressure (www.bloomberg.com)
2024-1-9

Amazon, Google, and Microsoft received licenses to establish HQs in Riyadh, after the government planned to halt contracts to companies without regional HQs (www.bloomberg.com)
2024-1-8 Google Amazon Microsoft

What's On Netflix data: Netflix released about 130, or 16%, fewer original programs in 2023 than 2022, after a decade of increasing output (www.bloomberg.com)
2024-1-8 Netflix

Australia Bans Nazi Salutes, Symbols to Tackle Antisemitism (www.bloomberg.com)
2024-1-8 Australia

Measurable AI: KeeTa, Meituan's sister app, has gained 37% marketshare of Hong Kong's food delivery market after debuting in May 2023; Foodpanda leads with 42% (www.bloomberg.com)
2024-1-8 Hong Kong AI

Carta says it is investigating an internal policy violation that affected Linear and two other companies, where someone “on the cap table” was contacted (www.bloomberg.com)
2024-1-8

Music industry insiders reflect on the waning influence of popular, human-curated Spotify playlists, as the company shifts towards AI-driven personalization (www.bloomberg.com)
2024-1-8 AI Spotify

Yellen Declares US Economy Has Achieved Soft Landing (www.bloomberg.com)
2024-1-8

A look at Apple's preparations for the Vision Pro's US launch and main challenges in 2024, like lagging in generative AI, reviving revenue growth, and antitrust (www.bloomberg.com)
2024-1-8 AI Apple

Why America's Car Buyers Are Rethinking EVs (www.bloomberg.com)
2024-1-7 U.S.

US Overtakes China as South Korea's Top Export Market (www.bloomberg.com)
2024-1-7 China Korea

Argentina Proposes Peso Debt Swap That May Top $71 Billion (www.bloomberg.com)
2024-1-7

US Intelligence Shows Flawed China Missiles Led Xi to Purge Army (www.bloomberg.com)
2024-1-7 China Intelligence

Twitch ‘Clips' Feature Is Used by Predators to Record and Share Child Abuse (www.bloomberg.com)
2024-1-7 Child Abuse

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