Articles from www.bloomberg.com

Articles from www.bloomberg.com

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

Sources: Apple plans a revamped iPad Pro with an OLED screen, iPad Airs with 10.9" and 12.9" screens, 13" and 15" MacBook Airs with M3, and more for early 2024 (www.bloomberg.com)
2023-12-7 Apple MacBook iPad

MaintainX, which helps manufacturing, hospitality, and other companies manage operations and maintenance, raised $50M at a $1B valuation, up from $191M in 2021 (www.bloomberg.com)
2023-12-7 Manufacturing

Italy Tells China It Will Exit Belt and Road Investment Pact (www.bloomberg.com)
2023-12-7 China Italy

How Russia Punched an $11 Billion Hole in the West's Oil Sanctions. (Russian Revenue from oil exports are now greater than it was before the invasion of Ukraine) (www.bloomberg.com)
2023-12-7 Russia Oil Ukraine

Amazon plans to cut seller fees on clothing items under $15 to 5% in January 2024 and $15 to $20 items to 10%, down from 17%, in a bid to compete with Shein (www.bloomberg.com)
2023-12-7 Amazon

Sources: the EU leans toward excluding iMessage from DMA rules due to not being popular enough among business users, part of an investigation ending in February (www.bloomberg.com)
2023-12-6

Jensen Huang says Huawei, Intel, and an expanding group of semiconductor startups pose a stiff challenge to Nvidia in the race to produce the best AI chips (www.bloomberg.com)
2023-12-6 Intel Startup AI Nvidia

Newton, Massachusetts-based Dust Identity, which links physical items to digital records by tagging them with unique diamond dust marks, raised a $40M Series B (www.bloomberg.com)
2023-12-6

Biden Says He May Not Have Sought Reelection If Trump Weren't Running (www.bloomberg.com)
2023-12-6 Trump

Dutch manufacturer of chipmaking gear ASM International says it will invest ~$324M in a new US headquarters in Scottsdale, Arizona, and plans to hire 500 people (www.bloomberg.com)
2023-12-6 Netherlands

Gecko Robotics, which makes robots that inspect infrastructure for industries including energy and defense, has raised $100M at a post-money valuation of $633M (www.bloomberg.com)
2023-12-6 Energy Robot

The YIMBY Movement Needs to Go Commercial (www.bloomberg.com)
2023-12-6

AT&T chooses Ericsson to modernize its wireless network with an architecture utilizing open standards, a nearly $14B project over five years; Nokia drops ~5% (www.bloomberg.com)
2023-12-6 AT&T Nokia

NYC Workers Get a Raise to $16 an Hour Minimum Wage (www.bloomberg.com)
2023-12-6

EU interim competition chief Didier Reynders says Amazon must pledge to fairly rank rival robot vacuums to gain approval for its $1.4B iRobot acquisition (www.bloomberg.com)
2023-12-6 Amazon Robot

Crypto mining hardware retailer Phoenix Group jumps 50%+ after raising $371M in an Abu Dhabi IPO; Abu Dhabi's largest conglomerate bought a 10% share in October (www.bloomberg.com)
2023-12-5 IPO

Foxconn reports November revenue up 18% YoY to ~$20.6B, the first YoY improvement since January 2023, and forecasts Q4 revenue to be better than expected (www.bloomberg.com)
2023-12-5 4Q

Meta, IBM, and 50+ other companies and organizations form AI Alliance, a coalition dedicated to work on open source AI including to share tech and reduce risks (www.bloomberg.com)
2023-12-5 IBM AI

Nvidia CEO Jensen Huang says the company plans to build a network of chip plants in Japan in partnership with the country's companies to meet AI chip demand (www.bloomberg.com)
2023-12-5 Japan AI Nvidia

Rockstar releases the first trailer of Grand Theft Auto VI, set in Miami, and says the game will be released in 2025 (www.bloomberg.com)
2023-12-5

Sources: cloud-based call center software maker Five9 is exploring a sale and held discussions with Zoom; Five9 scrapped a $14.7B takeover by Zoom in Sept. 2021 (www.bloomberg.com)
2023-12-5

Putin to Visit Saudi Arabia, UAE in Rare Trip Abroad (www.bloomberg.com)
2023-12-5 Putin Arabia Saudi Arabia

What the YIMBY Winning Streak Means (www.bloomberg.com)
2023-12-5

Sources: Mistral AI is in the final stages of raising €450M in a round valuing the OpenAI rival around $2B; a16z is in talks to provide €200M in funding (www.bloomberg.com)
2023-12-5 AI

A look at Osaka-based Fuso Chemical, which supplies 90%+ of the silica to polish wafers, sinking deeper into debt by refusing to raise its prices to cover capex (www.bloomberg.com)
2023-12-5 Poland

Google Can't Catch All the AI Images. Can You? (www.bloomberg.com)
2023-12-5 Google AI

Republicans Are Trying to Redefine Who's an American (www.bloomberg.com)
2023-12-5 U.S. Republican

After Meta jumped 172% in the year to November, Mark Zuckerberg sold 682K shares worth almost $185M via trading plans, his first share sale since November 2021 (www.bloomberg.com)
2023-12-5 Zuckerberg

Sources: Byju's founder Byju Raveendran pledged his and his family's homes as collateral to borrow ~$12M to raise money to pay staff, to fight a cash crunch (www.bloomberg.com)
2023-12-5

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