Articles from www.bloomberg.com

Articles from www.bloomberg.com

Why My Recession Rule Could Go Wrong This Time: Claudia Sahm (www.bloomberg.com)
2023-11-8

Apple Delays Work on Next Year's iPhone, Mac Software to Fix Bugs Rare move designed to focus on improving quality, performance Despite pause, software releases will likely stay on schedule (www.bloomberg.com)
2023-11-8 iPhone Apple

Austin-based Black Ore, which builds AI tools for the financial services industry, emerges from stealth with a $60M combined Seed and Series A led by a16z (www.bloomberg.com)
2023-11-8 AI

Apple Shrunk the iPhone's Carbon Footprint. There's a Way to Shrink It Even Further | Ensuring users can hang onto their phones as long as possible would help reduce the biggest source of emissions: producing phones in the first place. (www.bloomberg.com)
2023-11-8 iPhone Apple

A look at Neuralink after FDA trial approval: huge media coverage compared to rivals and worries over hype, but its tech is exciting and potentially miraculous (www.bloomberg.com)
2023-11-8

WeWork's bankruptcy caps a years-long saga for Masayoshi Son, who overrode lieutenants' objections to hand Adam Neumann billions, losing SoftBank over $11.5B (www.bloomberg.com)
2023-11-8

Sources: Shein aims for an $80B to $90B valuation in its US IPO, far exceeding its $50B to $60B valuation in private trades; Shein was valued at $100B in 2022 (www.bloomberg.com)
2023-11-7 IPO

WeWork Goes Bankrupt, Capping Co-Working Company's Downfall (www.bloomberg.com)
2023-11-7

Italy seizes ~€779M from Airbnb over allegedly unpaid taxes, after reportedly investigating Meta earlier this year regarding an alleged ~€870M in unpaid VAT (www.bloomberg.com)
2023-11-7 Italy Tax Airbnb

The US Economy is Now Breaking in Plain Sight (www.bloomberg.com)
2023-11-7

Trump Judge Tells Lawyer to ‘Control Your Client' as Former President Takes Stand in New York Fraud Trial (www.bloomberg.com)
2023-11-7 Trump New York

Klarna reports Q3 revenue up 30% YoY to ~$550M, a ~$12M operating profit, the first in four years, and value of goods sold up 22% YoY, ahead of a potential IPO (www.bloomberg.com)
2023-11-7 IPO

Ukraine Poised to Legalize Medical Weed to Help Soldiers (www.bloomberg.com)
2023-11-7 Ukraine

Some visitors to Yuga Labs' ApeFest event in Hong Kong report experiencing eye burn and blame the lighting; the Bored Ape creator acknowledges the situation (www.bloomberg.com)
2023-11-6 Hong Kong

Canon CEO Fujio Mitarai says the new nanoimprint chip machines will cost “one digit less than ASML's EUVs”, although Canon has not yet set the final pricing (www.bloomberg.com)
2023-11-6

UK Is Probably Already in Recession, Bloomberg Analysis Shows (www.bloomberg.com)
2023-11-6

Chinese memory chip startup Changxin Xinqiao raised ~$5.4B, including ~$2B from Big Fund; founded in 2021, the firm shares a GM with China's leading DRAM maker (www.bloomberg.com)
2023-11-6 China Startup

China's decision to take Taiwan isn't an invade-or-don't binary. A piece on the 5 strategies Xi has at his disposal. (www.bloomberg.com)
2023-11-6 China Taiwan

Bankers Seek Legal Cover After Backing $1.5 Trillion of ESG Debt (www.bloomberg.com)
2023-11-6

Chinese startup 01.AI, launched in March 2023 by computer scientist Kai-Fu Lee, reaches a $1B+ valuation and releases its AI model Yi-34B in Chinese and English (www.bloomberg.com)
2023-11-6 China Startup AI

South Korea to Ban Short-Selling of Stocks Until June Next Year (www.bloomberg.com)
2023-11-5 Stock Korea Ban

A look at BlizzCon 2023, the first in-person since 2019, which saw updates for WoW and more, and wasn't sold out before the event began, unlike prior iterations (www.bloomberg.com)
2023-11-5

Cathie Wood Hasn't Lost Faith in the Future (www.bloomberg.com)
2023-11-5

UK Payments Firm With Russian Ties Had 1-in-5 Shady Transactions (www.bloomberg.com)
2023-11-4 Russia U.K.

UAW President Is Ready to Take on Tesla. Riding high on historic contract wins against Detroit's automakers, Fain is confident he can take on Tesla and its anti-union CEO Elon Musk. “It's gonna come down to the people that work for him deciding if they want their fair share..." (www.bloomberg.com)
2023-11-4 Tesla Elon Musk Detroit

Court records show FTX advisers gave trading data and customer details to the FBI in recent months in response to subpoenas from at least five FBI field offices (www.bloomberg.com)
2023-11-4 FBI

Israel has stopped warning Russia before launching airstrikes in Syria (www.bloomberg.com)
2023-11-3 Russia Israel Syria

Apple expects its revenue in the holiday quarter, normally the company's biggest sales period, to stay the same as last year; Wall Street projected ~5% growth (www.bloomberg.com)
2023-11-3 Apple Wall Street

Coinbase reports Q3 revenue up 14% YoY to $674M vs. $654.7M est., net loss down to $2.3M from $545M YoY, $76B in trading volume vs. $80.4B est.; COIN drops 5%+ (www.bloomberg.com)
2023-11-3 Coinbase

Citi says clients raising questions about RBA's independence, sees risk of political fallout ahead of interest-rate meeting | Reserve Bank of Australia (www.bloomberg.com)
2023-11-3 Australia Interest Rate

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