Articles from www.bloomberg.com

Articles from www.bloomberg.com

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

Amazon closes its two physical clothing stores, 17 months after opening the first one; Amazon closed most of its physical stores, including bookstores, in 2022 (www.bloomberg.com)
2023-11-3 Amazon

American Workers Are the Economy's True Unsung Heroes (www.bloomberg.com)
2023-11-3 U.S.

The FTC says Jeff Bezos personally ordered Amazon execs to accept more junk ads to boost profits; Amazon used disappearing Signal chats from June 2019 to 2022 (www.bloomberg.com)
2023-11-3 Amazon Jeff Bezos

Shopify reports Q3 revenue up 25% YoY to $1.71B, beating $1.68B est., a $56.2B GMV, beating $54.42B est., and expects ~25% 2023 revenue growth; SHOP jumps 18%+ (www.bloomberg.com)
2023-11-2 Shopify

Palantir reports Q3 revenue up 17% YoY to $558M, a $72M net income, the fourth straight profitable quarter, and projects 2023 income above est.; PLTR jumps 12%+ (www.bloomberg.com)
2023-11-2

Ukraine Labels Nestle ‘Sponsor of the War' for Staying in Russia (www.bloomberg.com)
2023-11-2 Russia Ukraine

US v. Google: Google's VP of Search Elizabeth Reid disputes the government's contention that Google “rushed” Bard's launch after Microsoft announced Bing Chat (www.bloomberg.com)
2023-11-2 Google Microsoft

US v. Google: Mozilla CEO Mitchell Baker says Firefox's switch to Yahoo in 2014 degraded UX and Firefox had difficulty competing on mobile because of defaults (www.bloomberg.com)
2023-11-2 Google Mobile Firefox Yahoo Mozilla

On the UK's AI Safety Summit first day, there were closed-door discussions about whether to pause the development of next-generation “frontier” AI models (www.bloomberg.com)
2023-11-2 AI

Airbnb Misses Fourth Quarter Outlook, Citing Travel Volatility (www.bloomberg.com)
2023-11-2 Airbnb

Intuit plans to shut personal finance app Mint, which had 3.6M MAUs in 2021, on January 1, 2024, and is pushing users to Credit Karma, which it acquired in 2020 (www.bloomberg.com)
2023-11-2

Iran Doesn't Want Hezbollah Fighting Israel (www.bloomberg.com)
2023-11-2 Israel Iran

HSBC launches a blockchain platform to tokenize ownership of gold held in its London vault; HSBC is one of the world's largest custodians of precious metals (www.bloomberg.com)
2023-11-2 Blockchain HSBC London

North Korea Sent 1 Million Rounds of Artillery to Russia, Spy Agency Says (www.bloomberg.com)
2023-11-2 Russia Korea

The Federal Reserve's Pause Could Go Terribly Wrong (www.bloomberg.com)
2023-11-2

Sources: Apple plans several new health features for 2024's Apple Watch, like an elevated blood pressure sensor, and a paid health service, possibly using AI (www.bloomberg.com)
2023-11-1 AI Apple Sensor

A look at Apple's ambition to revolutionize health care: some breakthroughs marred by philosophical disagreements, a culture of conservatism, and tech realities (www.bloomberg.com)
2023-11-1 Apple

US v. Google: Google internally declared “Code Yellow” emergency in February 2019 for seven weeks to figure out why user search queries have slowed down (www.bloomberg.com)
2023-11-1 Google

Google, Temasek, and Bain report: Southeast Asia online spending will rise ~11% in 2023 to $218B, down from 20% in 2022, slowing to its lowest rate since 2017 (www.bloomberg.com)
2023-11-1 Google Asia Southeast Asia

Swedish Economy Stagnates as Interest-Rate Hikes Weigh on Output (www.bloomberg.com)
2023-11-1 Sweden

Sources: Bungie cut ~100 jobs after executives said the company's revenue was 45% below projections for the year, citing a drop in Destiny 2's popularity (www.bloomberg.com)
2023-11-1

WeWork Plans to File for Bankruptcy, WSJ Reports (www.bloomberg.com)
2023-11-1

Doc: a Dutch regulator ruled in July that Apple's fees on some app subscriptions violate EU antitrust laws, after Apple offered to drop its cut from 30% to 27% (www.bloomberg.com)
2023-11-1 Apple Netherlands

Immigrants Are Leaving Canada at Faster Pace, Study Shows (www.bloomberg.com)
2023-11-1 Canada Immigration

Boris Johnson Suggested He Thought Covid Was ‘Nature's Way of Dealing With Old People' (www.bloomberg.com)
2023-11-1

Shield AI, which makes autonomous drones and other military tech for the US and its allies, raised $200M co-led by USIT and Riot Ventures at a $2.7B valuation (www.bloomberg.com)
2023-10-31 AI Drone

Where's the United Nations in All This? Oh, Right, Nowhere (www.bloomberg.com)
2023-10-31

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