Articles from www.bloomberg.com

Articles from www.bloomberg.com

Sources: Tencent and Apple agree to a deal to let Apple handle payments and take a 15% cut of purchases in WeChat mini games and apps, after a year of talks (www.bloomberg.com)
2025-11-13 Apple WeChat Tencent

The EU opens a DMA investigation into Google over allegedly demoting news outlets with promotional content; Google says this is part of its anti-spam efforts (www.bloomberg.com)
2025-11-13 Google

JD.com reports Q3 revenue up 15% YoY to $42.1B, above ~$41.4B est., and net income down 55% YoY to ~$745M, as it competes in meal delivery and fast-commerce (www.bloomberg.com)
2025-11-13

Sources: Alibaba is renaming its AI app Tongyi to “Qwen”, aiming to make it more like ChatGPT, and adding agentic-AI shopping features for platforms like Taobao (www.bloomberg.com)
2025-11-13 Alibaba AI

Polymarket starts live testing its US exchange, quietly opening to some users, and says it's fully functional with select users betting on real contracts (www.bloomberg.com)
2025-11-13

Satya Nadella says Microsoft has access to “all” of OpenAI's custom AI chip work and plans to use it to help develop its own in-house chip (www.bloomberg.com)
2025-11-13 Microsoft AI

Visa announces a pilot allowing businesses to send stablecoins payouts directly to users' or workers' crypto wallets (www.bloomberg.com)
2025-11-13

Ireland's media regulator launches its first formal investigation under the EU DSA, probing X for allegedly failing to remove illegal content reported by users (www.bloomberg.com)
2025-11-13 Ireland

Waymo becomes the first robotaxi provider to offer driverless rides on freeways, available 24/7 in San Francisco, Phoenix, and Los Angeles for users who opt in (www.bloomberg.com)
2025-11-13 San Francisco

Airbnb plans to launch a three-month pilot on January 5 to let guests order groceries via Instacart within its app for rentals in Phoenix, Orlando, and LA (www.bloomberg.com)
2025-11-13 Airbnb

Tel Aviv-based Sweet Security, which helps spot abnormal cloud infrastructure behavior, raised $75M led by Evolution Equity, taking its total funding to $120M (www.bloomberg.com)
2025-11-13 Equity

Maryland-based Forterra, an autonomous military vehicle software startup founded in 2002, raised $238M, including $50M in debt, at a $1B+ valuation (www.bloomberg.com)
2025-11-12 Startup

Michael Burry's warning that hyperscalers are underestimating AI chip depreciation shows that tech investors may have forgotten how much depreciation can hurt (www.bloomberg.com)
2025-11-12 AI

D-Matrix, which develops AI inference chips, raised $275M co-led by Bullhound, Triatomic, and Temasek at a $2B valuation, taking its total funding to $450M (www.bloomberg.com)
2025-11-12 AI

JD.com says it had record sales during China's Singles' Day event, without giving transaction values, despite Chinese deflation; Alibaba hasn't released data (www.bloomberg.com)
2025-11-12 China Alibaba

China says the December 2020 theft of 127,272 BTC, now worth ~$13B, from Chinese mining pool LuBian is likely a “state-level hacker operation” led by the US (www.bloomberg.com)
2025-11-12 China Hacker

AMD CEO Lisa Su says AMD's annual revenue growth will average 35%+ a year over the next three to five years and the total AI chip market will reach $1T by 2030 (www.bloomberg.com)
2025-11-12 AI AMD

A UK judge jails a Chinese woman to 11 years and 8 months in prison for laundering bitcoin linked to a £5B investment scheme in which UK seized 61K bitcoin (www.bloomberg.com)
2025-11-12 China Bitcoin

Sea reports Q3 revenue up 38% YoY to $6B, above $5.65B est., a $375M net income, below $433M est., and Shopee revenue up 35% YoY to $4.3B and GMV up 28% YoY (www.bloomberg.com)
2025-11-11

Sources: the EU plans to designate WhatsApp's Channels as a Very Large Online Platform under the DSA, meaning it must meet moderation and transparency standards (www.bloomberg.com)
2025-11-11 WhatsApp

Microsoft plans to spend $10B to build a data center in the Portuguese town of Sines in partnership with Portuguese developer Start Campus and UK startup Nscale (www.bloomberg.com)
2025-11-11 Microsoft Startup

Asahi says shipment levels are at just 10% of normal after a cyberattack in early October, and it is processing orders manually, ahead of a busy December period (www.bloomberg.com)
2025-11-11

Crypto exchange Gemini reports Q3 revenue up 106% YoY to $50.6M, vs. $46.2M est., net loss of $159.5M, up from $90.2M a year ago; GEMI drops 5%+ after hours (www.bloomberg.com)
2025-11-11

Bakkt reports Q3 revenue up 27% YoY to $402.2M and a $23.2M net loss, driven by an accounting charge tied to warrants issued to its investors; BKKT drops 9%+ (www.bloomberg.com)
2025-11-11

Sources: the European Commission is exploring ways to force EU member states to phase out Chinese telecom equipment makers Huawei and ZTE from their networks (www.bloomberg.com)
2025-11-11 China Europe

Travel and leisure booking service Klook files for a US IPO, and reports a net loss of $141.5M on $407.4M of revenue for the first nine months of 2025 (www.bloomberg.com)
2025-11-11 IPO

A look at Apple's plans to expand satellite features in its products, hiding Siri's Gemini upgrade, 2026 Macs, a new Health+ service, and the future of Fitness+ (www.bloomberg.com)
2025-11-11 Apple

Grab plans to invest $60M in remote driving service Vay, potentially rising to $410M within the next year if Vay hits certain milestones, set to close in Q4 (www.bloomberg.com)
2025-11-11 4Q

Instacart reports Q3 revenue up 10% YoY to $939M, above est., orders up 14% YoY to 83.4M, above 82.9M est., GTV up 10% to $9.1B, and plans a $1.5B share buyback (www.bloomberg.com)
2025-11-11

Microsoft recruits popular US influencers to help boost its Copilot chatbot; Sensor Tower says Copilot has 99M downloads since launch, far below ChatGPT's 1.4B (www.bloomberg.com)
2025-11-10 Microsoft chatbot Sensor

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