Articles from www.bloomberg.com

Articles from www.bloomberg.com

TikTok to invest $1.5B in a joint venture with Indonesia's GoTo, aiming to address regulatory concerns so that TikTok can revive its shopping service there (www.bloomberg.com)
2023-12-11 Indonesia

Graphika: apps and websites using AI to undress women in photos are soaring in popularity; 34 such providers together had 24M+ unique visitors in September 2023 (www.bloomberg.com)
2023-12-10 AI

DeSantis Super PAC Cancels Donor Event Citing Waning Interest (www.bloomberg.com)
2023-12-10

The European Parliament and the EU's 27 member states will need to approve the AI Act, which seeks fines of up to €35M or 7% of global turnover for violations (www.bloomberg.com)
2023-12-10 Europe AI

Amazon files a motion to dismiss FTC's lawsuit, arguing the agency relies on anecdotal evidence and fails to prove that Amazon's practices hurt consumers (www.bloomberg.com)
2023-12-9 Amazon

Near Intelligence, which provides data insights to companies, files for bankruptcy with plans to sell itself; Near went public via a SPAC merger in 2022 (www.bloomberg.com)
2023-12-9 Intelligence

Tencent's Lightspeed LA studio reveals Last Sentinel, an ambitious console game by GTA veteran Steve Martin and part of Tencent's push to create IP from scratch (www.bloomberg.com)
2023-12-9 Tencent

Andy Xie on China. (www.bloomberg.com)
2023-12-9 China

Sources: Apple is reorganizing its hardware engineering team as Tang Tan, its VP in charge of iPhone and Watch product design, plans to step down in February (www.bloomberg.com)
2023-12-9 iPhone Apple

SpaceX's Starlink Clears Military Tests, Paving Way for Contracts (www.bloomberg.com)
2023-12-9 SpaceX

Sources: Tata plans to build one of India's largest iPhone plants, employing 50,000 workers within two years, and expects operations to begin in 12 to 18 months (www.bloomberg.com)
2023-12-9 India iPhone

TSMC and Arizona labor unions reach a deal covering foreign workers and more, to resolve labor disputes that have dogged TSMC's fab construction site in Phoenix (www.bloomberg.com)
2023-12-9

US Labor Market Defies Slowdown Forecasts in Broad Strengthening (www.bloomberg.com)
2023-12-9

Sources: Ganesh Venkataramanan, who led Tesla's Dojo supercomputer project for five years, left Tesla in November; Tesla executive Peter Bannon now leads Dojo (www.bloomberg.com)
2023-12-9 Tesla Bannon

First It Was Wheat, Then Rice. Now, Onions Are on India's Restricted List (www.bloomberg.com)
2023-12-9 India

A US judge sentences Gene Levoff, the ex-Apple lawyer who pled guilty to insider trading from 2011 to 2016, to four years of probation; Apple fired him in 2018 (www.bloomberg.com)
2023-12-9 Apple

Google's video demo of Gemini's multimodal AI capabilities wasn't carried out in real time or in voice; the model was shown still images and given text prompts (www.bloomberg.com)
2023-12-9 Google AI

Micron strikes a labor deal to hire ~3,700 union workers for its $15B chip plant in Boise, Idaho, potentially giving the company an advantage for federal funds (www.bloomberg.com)
2023-12-9

The UK CMA is considering an antitrust investigation into Microsoft and OpenAI's partnership, and is taking comments until January 3 before making a decision (www.bloomberg.com)
2023-12-9 Microsoft

Amazon sues an “international fraud organization” for allegedly stealing millions of dollars in merchandise from the company through a series of refund scams (www.bloomberg.com)
2023-12-9

Source: the US FTC is examining the nature of Microsoft's investment in OpenAI and potentially antitrust law violations but hasn't opened a formal investigation (www.bloomberg.com)
2023-12-9

Microsoft agrees to convert 77 TCWGlobal contract staff at ZeniMax into unionized employees, as part of negotiations with CWA-affiliated ZeniMax Workers United (www.bloomberg.com)
2023-12-9

New Aid to Ukraine Drops to Lowest Level Since War Began (www.bloomberg.com)
2023-12-8 Ukraine

Air Space Intelligence, whose Waze-like tool, Flyways, helps dispatchers pick routes for planes, raised $34M led by a16z, sources say at a $300M valuation (www.bloomberg.com)
2023-12-7 Intelligence

Sources: House Republicans blocked a measure to speed up US chip projects in must-pass defense legislation, a key priority for Commerce Secretary Gina Raimondo (www.bloomberg.com)
2023-12-7 Republican

Officials attribute a DDoS attack against the HHS in March 2020 to a state-level actor; docs: the DDoS attack was largest the US government had ever experienced (www.bloomberg.com)
2023-12-7

Robinhood launches a commission-free crypto trading app, supporting 25+ cryptocurrencies, in the EU, a week after the company launched stock trading in the UK (www.bloomberg.com)
2023-12-7

SoftBank-backed travel booking service Klook raised a $210M Series E+, taking its total funding to $900M+, after turning cash flow positive in mid-2023 (www.bloomberg.com)
2023-12-7

Biden Moves to Forgive Nearly $5 Billion in Student Loans (www.bloomberg.com)
2023-12-7

Sources: Steve Hotelling, the Apple VP overseeing technologies like touchscreen, health sensors, and Face ID, and one of the inventors of Touch ID, is retiring (www.bloomberg.com)
2023-12-7 Apple Face ID

Previous Page Next Page