Articles from www.bloomberg.com

Articles from www.bloomberg.com

Biden Again Calls Xi a Dictator, Showing Limits of Cooperation (www.bloomberg.com)
2023-11-16

Cisco reports Q1 revenue up 8% YoY to $14.7B, vs. $14.6B est., net income up 36% YoY to $3.6B, and forecasts Q2 revenue below estimates; CSCO drops 9%+ (www.bloomberg.com)
2023-11-16 Cisco

Ken Griffin Sees Miami Possibly Replacing NYC as Finance Capital (www.bloomberg.com)
2023-11-16

Microsoft announces the Maia 100 chip for Azure users, already in testing with its Bing and Office AI tools, and Cobalt, a chip for servers, launching in 2024 (www.bloomberg.com)
2023-11-16 Microsoft AI

Sources: SpaceX is discussing an IPO for Starlink as soon as late 2024; a source says SpaceX has been moving Starlink assets to a new subsidiary (www.bloomberg.com)
2023-11-16 IPO Asset SpaceX

PitchBook: Coinbase Ventures, Kraken Ventures, and Binance Labs significantly cut dealmaking since Q1 2022; Coinbase did 11 deals in Q3, down from 65 in Q1 2022 (www.bloomberg.com)
2023-11-16 Coinbase

Be My Eyes, an app for blind people, says Microsoft plans to integrate its Be My AI into the Microsoft Disability Answer Desk for customer service calls (www.bloomberg.com)
2023-11-16 Microsoft AI

What is a "B1B2 economy"? Is this a thing or just something this author made up and tries to make a thing? (www.bloomberg.com)
2023-11-16

Helen Dixon, Ireland's data protection commissioner, plans to leave on February 19 after ~10 years; GDPR transformed the DPC into the EU's top tech regulator (www.bloomberg.com)
2023-11-16 Ireland GDPR

China Claims World's Fastest Internet With 1.2 Terabit-Per-Second Network (www.bloomberg.com)
2023-11-15 China

Wall Street Makes Millions Selling Car Loans that Customers Can't Repay (www.bloomberg.com)
2023-11-15 Wall Street

OpenAI pausing new signups to manage overwhelming demand, CEO Sam Altman (www.bloomberg.com)
2023-11-15

Huawei and China Mobile have built a 3,000 km network that they claim is the world's first internet network to achieve a “stable and reliable” 1.2Tbps bandwidth (www.bloomberg.com)
2023-11-15 China Mobile

Young and Rich: China's Scions Set to Inherit $120 Billion in Wealth Transfer (www.bloomberg.com)
2023-11-15 China

Jaime Dimon Says Inflation ‘Might Not Go Away That Quickly' (www.bloomberg.com)
2023-11-15 Inflation

The Biden Campaign Needs to Pivot to Marijuana (www.bloomberg.com)
2023-11-15

Crypto exchange and wallet service Blockchain.com raised a $110M Series E led by Kingsway, a source says at less than half of its spring 2022 $14B valuation (www.bloomberg.com)
2023-11-15 Blockchain

Wells Fargo Cuts About 50 Investment Bankers as Deals Slump (www.bloomberg.com)
2023-11-15

Story about how subprime auto bonds can survive very high levels of defaults by borrowers (www.bloomberg.com)
2023-11-15

How Wall Street Makes Millions Selling Car Loans Customers Can't Repay (www.bloomberg.com)
2023-11-15 Wall Street

Sources: Yandex plans to sell its entire Russian business, including its search engine, not just a 51% stake, amid pressures relating to the war in Ukraine (www.bloomberg.com)
2023-11-15 Russia Ukraine

China Mulls $137 Billion of New Funds to Aid Housing Market (www.bloomberg.com)
2023-11-15 China Real Estate

Taiwan Doubts China's Xi Will Have the Ability to Invade by 2027 (www.bloomberg.com)
2023-11-15 China Taiwan

RIL, a nonprofit coalition of tech VCs and execs, releases a voluntary commitment for startups building AI responsibly, signed by Insight, IVP, and 33 other VCs (www.bloomberg.com)
2023-11-15 Startup AI

Counterpoint: Chinese smartphone sales grew 11% YoY in October, led by Huawei, up 83% due to the Mate 60, and Xiaomi, up 33%; iPhone sales were unusually muted (www.bloomberg.com)
2023-11-14 China iPhone Xiaomi

Danish Economy Slips Into Recession Amid Pharmaceutical Decline (www.bloomberg.com)
2023-11-14

YouTube plans to require users to disclose when they upload realistic-looking manipulated or synthetic content, including videos made using its tools, in 2024 (www.bloomberg.com)
2023-11-14 YouTube

Foxconn reports Q3 revenue down 12% YoY to ~$47.7B, net income up 11% YoY to ~$1.3B, and lowers the outlook for its components business to flat YoY (www.bloomberg.com)
2023-11-14

South Korea's memory chip exports increased for the first time in 16 months, recording a 1% YoY increase in October after declining 18% YoY in September (www.bloomberg.com)
2023-11-14 Korea

Epic v. Google: Google agreed to pay Samsung $8B over four years in 2020 to make Google Search, Play Store, and Assistant the default on Samsung mobile devices (www.bloomberg.com)
2023-11-14 Google Mobile Samsung

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