Articles from www.bloomberg.com

Articles from www.bloomberg.com

Taiwan suspends chip export controls on South Africa after just two days, signaling discomfort with using the key tech export as a weapon in diplomatic disputes (www.bloomberg.com)
2025-9-25 Taiwan Africa South Africa

Australian lawmakers propose rules to regulate crypto exchanges, allowing the government to slap penalties of 10% of annual turnover on firms that violate rules (www.bloomberg.com)
2025-9-25 Australia

Meta says Instagram has hit 3B monthly users and is changing its home screen to prioritize DMs and Reels; it is testing opening directly into Reels in India (www.bloomberg.com)
2025-9-25 India Instagram

Sources: Intel approached Apple about a potential investment in the chipmaker as part of its turnaround efforts and discussed how to work more closely together (www.bloomberg.com)
2025-9-25 Intel Apple

Canadian PE firm Novacap agrees to acquire Integral Ad Science, which provides digital ad measurement and verification, in a deal valuing IAS at about $1.9B (www.bloomberg.com)
2025-9-25 Canada

OpenAI partners with SAP to launch OpenAI for Germany, bringing its AI tools to Germany's public sector through SAP's Delos Cloud (www.bloomberg.com)
2025-9-25 Germany AI

Waymo launches Waymo for Business, a service targeting employers, universities, and event organizers, available in San Francisco, Los Angeles, and Phoenix (www.bloomberg.com)
2025-9-25 San Francisco

Mark Zuckerberg says Instagram has reached 3B MAUs, and is testing a new home screen navigation bar prioritizing private messaging and Reels (www.bloomberg.com)
2025-9-25 Instagram Zuckerberg

Sources: Oracle seeks to borrow $15B through the US sale of corporate bonds, as it begins to fulfill massive cloud infrastructure deals with OpenAI and others (www.bloomberg.com)
2025-9-24 Oracle

Report: China's market regulator drafts rules to curb “coercive competition” in the online food delivery market, spurring a rally in Meituan and JD.com's shares (www.bloomberg.com)
2025-9-24 China

Alibaba's Hong Kong-listed shares hit a nearly four-year high after CEO Eddie Wu announces plans to increase AI spending beyond the $53B target over three years (www.bloomberg.com)
2025-9-24 Hong Kong Alibaba AI

Bain: by 2030, AI companies will need $2T in combined annual revenue to fund compute power to meet projected demand, but are likely to fall short by $800B (www.bloomberg.com)
2025-9-24 AI

Sources: Flipkart is investing $30M in its fintech unit Supermoney, after a $20M 2024 spin-off round; Supermoney disbursed $700M+ in loans via lending partners (www.bloomberg.com)
2025-9-24 Fintech

Taiwan curbs chip exports to South Africa over national security concerns, the first time it has used its chip industry as a weapon against a China ally (www.bloomberg.com)
2025-9-24 China Taiwan Africa South Africa

VCs court top AI startups with preempted rounds and perks like private jets; PitchBook: US AI startups raised $200B in 2025, with 41% going to just 10 companies (www.bloomberg.com)
2025-9-24 Startup AI

Sources: Tether is in talks to raise $15B to $20B in exchange for a ~3% stake through a private placement in a deal that could value the company at ~$500B (www.bloomberg.com)
2025-9-24

Microsoft says it is experimenting with microfluidics, which involves sending fluid through channels in AI and server chips to improve cooling efficiency (www.bloomberg.com)
2025-9-24 Microsoft AI

Revolut says it plans to invest $13B, including $4B in the UK, and expand into 30 new geographies by the end of the decade, aiming to reach 100M users globally (www.bloomberg.com)
2025-9-24

The US Secret Service says it has dismantled 300+ SIM card servers in the NYC area that could have disrupted communications ahead of the UN General Assembly (www.bloomberg.com)
2025-9-23

London-based Fnality, which lets banks transact in a digital cash asset backed with funds at the Bank of England, raised $136M led by BoA, Citigroup, and others (www.bloomberg.com)
2025-9-23 Asset London

Auterion, which provides autopilot and swarming software for military drones, raised $130M led by Bessemer at a $600M+ valuation, says it has ~$100M in revenue (www.bloomberg.com)
2025-9-23 Drone

A look at MrBeast's entertainment company, which has ~$450M in annual sales but faced three years of losses due to high production costs of $3M-$4M per video (www.bloomberg.com)
2025-9-23

Scale AI launches SEAL Showdown, a public AI benchmarking system that relies on votes from contributors in 100+ countries to gauge everyday usability of models (www.bloomberg.com)
2025-9-23 AI

A White House official says the US will not hold a golden share or equity in TikTok US and the new board will not have a member selected by the US government (www.bloomberg.com)
2025-9-23 Equity

Sources: smart ring maker Oura is raising an $875M+ Series E at a $10.9B valuation, up from $5B in November 2024, and has sold ~3M rings over the past year (www.bloomberg.com)
2025-9-23

Oracle promotes Clay Magouyrk and Mike Sicilia to co-CEOs, replacing Safra Catz; Magouyrk previously led Cloud Infrastructure, and Sicilia led Oracle Industries (www.bloomberg.com)
2025-9-22 Oracle

Cardless, which lets Coinbase and others launch co-branded credit cards, raised $60M and projects annualized revenue will grow from $15M now to $150M by Q2 2026 (www.bloomberg.com)
2025-9-22 Credit Card Coinbase

Low prices, available land, and cooler weather are driving the data center boom in the Nordics, which have 1.5 GW of capacity live and 7.5 GW in the pipeline (www.bloomberg.com)
2025-9-22

A profile of Derek Li, founder of China's top adaptive learning edtech Squirrel AI, whose business is fueled by the country's relentless academic pressure (www.bloomberg.com)
2025-9-22 China AI

Trump administration's $100,000 H-1B fee threatens India's $280B IT services sector, which heavily relies on H-1B visas to deploy engineers to US client sites (www.bloomberg.com)
2025-9-22 Trump India H1B

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