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Articles from
www.bloomberg.com
What to expect from Apple's May 7 event: new iPad Pros, possibly with M4 chips, updated iPad Air and Pencil, but AI features may not get a “formal unveiling”
(
www.bloomberg.com
)
17 hours ago
AI
Apple
iPad
Estonian ride-hailing and scooter rentals startup Bolt Technology secures a €220M credit facility which it believes will help prepare the company for an IPO
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www.bloomberg.com
)
22 hours ago
IPO
Startup
Microsoft adds deputy chief information security officers within its product groups after a spate of cyberattacks, but declines to identify the new officials
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www.bloomberg.com
)
1 day ago
Microsoft
Cloudflare reports Q1 revenue up 30% YoY to $378.6M, vs. $373.7M est., and forecasts Q2 revenue below estimates; NET drops 13%+ after hours
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www.bloomberg.com
)
1 day ago
Block plans to invest 10% of its gross profit from bitcoin products each month into bitcoin purchases; its $220M BTC investment grew by ~160% to $573M as of Q1
(
www.bloomberg.com
)
1 day ago
Bitcoin
Coinbase reports Q1 net revenue up 116% YoY to $1.59B, vs. $1.32B est., net income of $1.18B, consumer transaction revenue of $935M, up 99% QoQ
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www.bloomberg.com
)
1 day ago
Coinbase
Apple Q2 revenue: iPhone down 10% YoY to $45.96B, Mac up 4% to $7.45B, iPad down 17% to $5.56B, and Wearables, Home, and Accessories down 10% to $7.91B
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www.bloomberg.com
)
1 day ago
iPhone
Apple
iPad
LA-based wealth management startup Altruist, whose software and app help with trading and more, raised a $169M Series E led by Iconiq at a $1.5B valuation
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www.bloomberg.com
)
1 day ago
Startup
Karius, which uses AI to help analyze blood tests in 400 hospitals, raised $100M led by Khosla, after raising $165M in early 2020 led by Vision Fund II
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www.bloomberg.com
)
1 day ago
AI
Starlink users in some unauthorized regions can seemingly still use the internet, despite SpaceX telling users the service would be unavailable to them by May 1
(
www.bloomberg.com
)
1 day ago
SpaceX
Sources and documents: Huawei is secretly funding cutting-edge research at US universities including Harvard via an independent Washington-based foundation
(
www.bloomberg.com
)
1 day ago
AI has the potential to ease the US meat industry's labor vulnerability by letting robots perform some of the high precision tasks required to butcher meat
(
www.bloomberg.com
)
1 day ago
AI
Robot
A look at Intel's efforts to build Ohio One, a “mega fab” that could become the world's largest chip factory and to which the company has committed $28B
(
www.bloomberg.com
)
1 day ago
Intel
A look at Intel's efforts to build Ohio One, a “mega fab” that could become the world's largest chip factory and for which the company has committed $28B
(
www.bloomberg.com
)
2 days ago
Intel
Microsoft announces plans to invest $2.2B in cloud and AI infrastructure in Malaysia over four years and train 200,000 people with AI skills in the country
(
www.bloomberg.com
)
2 days ago
Microsoft
AI
Malaysia
SK Hynix says its capacity to make HBM chips is almost fully booked through 2025 and it now aims to begin mass production of its next-generation HBM chip in Q3
(
www.bloomberg.com
)
2 days ago
US v. Google: Google paid Apple $20B in 2022 to be the default search engine in Safari; in 2020, Google's payments constituted 17.5% of Apple's operating income
(
www.bloomberg.com
)
2 days ago
Google
Apple
A look at GM's risky bet to replace Apple's CarPlay with its own infotainment system, gambling on its software group, as carmakers worry over Apple's power
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www.bloomberg.com
)
2 days ago
Apple
DOJ v. Google: Microsoft invested in OpenAI over fears of falling behind Google; Kevin Scott said he was “very, very worried” in a 2019 email to Satya Nadella
(
www.bloomberg.com
)
2 days ago
Google
Microsoft
AMD projects its MI300 lineup to generate ~$4B in revenue in 2024, up $500M from an earlier forecast, but short of expectations; AMD drops 6%+ after hours
(
www.bloomberg.com
)
3 days ago
AMD
IBM wins a court decision overturning $1.6B in damages it was ordered to pay BMC in 2022 for swapping in its own software while servicing a mutual client, AT&T
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www.bloomberg.com
)
3 days ago
IBM
AT&T
Pinterest reports Q1 revenue up 23% YoY to $740M, vs. $700.3M est., MAUs up 12% to 518M, and Q2 revenue forecast above estimates; PINS jumps 15%+ after hours
(
www.bloomberg.com
)
3 days ago
Satellite telco SES has agreed to buy Starlink-rival Intelsat for $3.1B in cash
(
www.bloomberg.com
)
3 days ago
Network security startup Corelight raised a $150M Series E led by Accel, in a deal valuing it at $900M, says it is on track to hit $100M in ARR within months
(
www.bloomberg.com
)
3 days ago
Startup
In its first TikTok Shop Safety Report, TikTok reports 500K+ sellers in the US and 15M+ sellers worldwide in December 2023, adding 6M+ in H2 2023
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www.bloomberg.com
)
3 days ago
Enterprise browser startup Island raised $175M led by Sequoia and Coatue at a $3B valuation, up from $1.5B in October 2023, taking its total funding to $487M
(
www.bloomberg.com
)
3 days ago
Startup
Browser
PayPal reports Q1 revenue up 9% YoY to $7.7B, payment volume up 14% YoY to $404B, transaction margin dollars up 4% YoY to $3.5B, and expects 2024 profit to drop
(
www.bloomberg.com
)
3 days ago
Huawei reports Q1 revenue up 37% YoY to ~$24.7B and net profit up 564% YoY to ~$2.7B, rising for the fourth consecutive quarter, buoyed by smartphone sales
(
www.bloomberg.com
)
3 days ago
The EU opens a DSA investigation into Facebook and Instagram over deceptive ad and political content; sources say the move relates to a pro-Kremlin campaign
(
www.bloomberg.com
)
3 days ago
Facebook
Instagram
Internal Oracle documents: ~6,900 workers are assigned to California offices, compared to 2,500 in Texas, despite Oracle moving its HQ to Texas three years ago
(
www.bloomberg.com
)
3 days ago
Oracle
California
Texas
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