Articles from www.bloomberg.com

Articles from www.bloomberg.com

US filings: Binance's lax rules and staff misconduct helped Hamas, al-Qaeda, and ISIS raise funds, let Iranians conduct 1.1M+ transactions worth $899M, and more (www.bloomberg.com)
2023-11-23 Iran

A look at Changpeng Zhao's rapid downfall, from triggering FTX's collapse a year ago and posting a dismissive “4” to news of breaking US laws to pleading guilty (www.bloomberg.com)
2023-11-22

Larry Summers, now on OpenAI's interim board, believes AI is coming for white-collar jobs; Summers sits on Block's and Skillsoft's boards and advised a16z (www.bloomberg.com)
2023-11-22 AI

Internal Alibaba memo: Jack Ma has not yet sold any Alibaba stock due to the price not reaching his desired level; Ma planned to sell 10M shares for ~$870M (www.bloomberg.com)
2023-11-22 Jack Ma Alibaba

Houthis' Ship Seizure Is a Threat to the Global Economy (www.bloomberg.com)
2023-11-22

Financial Fragility Is Worst in Decade for Households, NY Fed Says (www.bloomberg.com)
2023-11-22

McKinsey and Its Consulting Peers Are Facing the Wildest Headwinds in Years (www.bloomberg.com)
2023-11-22

Sources: Sonos to make a long-awaited push into headphones with a $400 model coming as early as April, is working on a video service and streaming device, more (www.bloomberg.com)
2023-11-22

Sources: OpenAI interim CEO Emmett Shear has told people close to OpenAI that he doesn't plan to remain if the board can't clearly tell him why it fired Altman (www.bloomberg.com)
2023-11-22

Palantir and Accenture win a £480M NHS contract to overhaul the UK's patient data system; some worry about privacy as patients can't opt out of data sharing (www.bloomberg.com)
2023-11-22

Analysis: X's Community Notes operate slowly and inconsistently during the Israel-Hamas war; across nearly 400 posts, a typical Note took seven hours to appear (www.bloomberg.com)
2023-11-22 Israel

Chinese game streaming firm DouYu says police arrested founder Chen Shaojie on unspecified charges on or around November 16, confirming reports; DOYU drops 7%+ (www.bloomberg.com)
2023-11-22 China

Anger Is What's Driving the US Economy (www.bloomberg.com)
2023-11-22

Both the US and China see advanced chip packaging, once an afterthought, as a path to higher performance; Intel says the US has just 3% of global capacity (www.bloomberg.com)
2023-11-21 China Intel

Epic v. Google: Tim Sweeney says Android is a “fake open platform”; under cross-examination, Sweeney admitted to paying a 30% cut to Sony, Xbox, and Nintendo (www.bloomberg.com)
2023-11-21 Android Google Nintendo Sony Xbox

Baidu reports Q3 revenue up 6% YoY to ~$4.8B and a ~$940M net income, both above est., as its new AI tools shield the company from China's economic downturn (www.bloomberg.com)
2023-11-21 China AI

OpenAI exec Anna Makanju told staff the company is in “intense discussions” to unify, is in touch with Sam Altman, and there will be “no final response” tonight (www.bloomberg.com)
2023-11-21

Trump Media & Technology sues 20 media outlets, demanding $1.5B in damages, for reporting that Truth Social lost $73M, calling the number “an utter fabrication” (www.bloomberg.com)
2023-11-21 Trump

Sources: TSMC plans to build a manufacturing plant in the Japanese prefecture of Kumamoto, its third in the country, that would make advanced 3nm chips (www.bloomberg.com)
2023-11-21 Japan Manufacturing

Zoom reports Q3 revenue up 3.2% YoY to $1.14B, vs. $1.12B est., enterprise revenue up 7.5% to $661M, above estimates, and enterprise customers up 5% to 219,700 (www.bloomberg.com)
2023-11-21

Amazon Hit With Class Suit Over Sex-Based Systemic Pay Bias (www.bloomberg.com)
2023-11-21 Amazon

Marc Benioff says Salesforce will provide matching compensation to any researcher who has quit OpenAI and joins Salesforce's Einstein Trusted AI research team (www.bloomberg.com)
2023-11-21 AI Salesforce

OpenAI's new interim CEO Emmett Shear has made some head-turning posts on X, from slowing down AI development to theories about women having rape fantasies (www.bloomberg.com)
2023-11-21 AI

Ilya Sutskever and 700+ out of ~770 OpenAI staffers sign a letter saying say they may quit and join Sam Altman unless the board resigns and reinstates Altman (www.bloomberg.com)
2023-11-21

World Has 14% Chance of Keeping Warming Below 1.5C in Best Case (www.bloomberg.com)
2023-11-21

Sources: the US DOJ seeks $4B+ from Binance as part of a proposed resolution of a years-long probe; CZ would still potentially face criminal charges in the US (www.bloomberg.com)
2023-11-21

Chinese AR startup Rokid raised $112M from NetDragon Websoft and others at a $1B valuation to help expand overseas, taking its total funding to nearly $200M (www.bloomberg.com)
2023-11-21 China Startup AR

A look at the AI Security Summit, an invite-only event hosted by Scale AI to discuss AI's security issues, with 100+ executives, VCs, and officials attending (www.bloomberg.com)
2023-11-20 AI

Xiaomi reports Q3 revenue up 0.6% YoY to ~$9.9B, its first gain in almost two years, and a ~$684M net income, both above est., buoyed by rising smartphone sales (www.bloomberg.com)
2023-11-20 Xiaomi

Microsoft says Altman, Brockman will lead new in-house AI team (www.bloomberg.com)
2023-11-20 Microsoft AI

Previous Page Next Page