Articles from www.bloomberg.com

Articles from www.bloomberg.com

Internal emails and audits warn the Schengen Information System II, the system used by EU border forces, is rife with software and security vulnerabilities (www.bloomberg.com)
14 minutes ago

Google ends its Recipe Quick View pilot, which showed full recipes directly in search results, after some bloggers feared it would reduce traffic to their sites (www.bloomberg.com)
1 hour ago Google

Nothing unveils the $799 Phone 3, with a 6.7" AMOLED display, Snapdragon 8s Gen 4 chip, three 50MP rear cameras, and the $299 Headphone 1, both shipping July 15 (www.bloomberg.com)
8 hours ago

X will start to publish Community Notes written by AI agents; developers will soon be able to submit their own “fact-checking” AI agents for review (www.bloomberg.com)
8 hours ago AI

CoinMarketCap: bitcoin's share of crypto market value grew to 64% this year, highest since January 2021, and altcoins lost $300B+, as big investors flock to BTC (www.bloomberg.com)
14 hours ago Bitcoin

The Senate votes 99-1 to remove a Trump tax bill provision that would have barred states from regulating AI if they got funding from a $500M broadband program (www.bloomberg.com)
20 hours ago Trump Tax AI Senate

Investigation: three US Treasury hacks in the past five years were due to a failure to deploy basic security measures, as DOGE cuts further weaken the agency (www.bloomberg.com)
1 day ago

US chipmaker Wolfspeed files for Chapter 11 to enact a creditor-backed plan to slash $4.6B in debt; it expects to emerge out of bankruptcy by the end of Q3 (www.bloomberg.com)
1 day ago

Mexico City-based digital bank Klar raised a $190M Series C led by General Atlantic, including $170M in equity and $20M in debt, valuing the company at $800M+ (www.bloomberg.com)
1 day ago Mexico Equity

X hires Nikita Bier, the serial entrepreneur who was behind polling startup TBH and teen-focused social network Gas, as its new head of product (www.bloomberg.com)
1 day ago Startup Entrepreneur

Sources: Mike Rockwell and Craig Federighi have led efforts to assess external models to power Siri; after testing, Anthropic's tech seemed most promising (www.bloomberg.com)
1 day ago

In a memo, Mark Zuckerberg announces Meta Superintelligence Labs and 11 new hires; Nat Friedman “will partner with Alexandr Wang” to lead the new group (www.bloomberg.com)
1 day ago Zuckerberg

Source: Nintendo pulled its products from Amazon's US site after noticing third-party merchants were selling games in the US at prices below Nintendo's rates (www.bloomberg.com)
1 day ago Amazon Nintendo

Bank of Korea temporarily halts preparations for the second phase of its pilot initiative testing program for a central bank digital currency, scheduled for Q4 (www.bloomberg.com)
1 day ago Korea Central Bank 4Q

PitchBook: Australian startups raised $3.4B in 2024, down from 2021's $6.5B peak; 39% of early-stage capital in Australia came from overseas vs. 21% in the US (www.bloomberg.com)
1 day ago Australia Startup

GOP Senators agree to change a provision in the tax bill from a 10-year ban on state AI regulation to a 5-year ban with carve outs for issues such as copyrights (www.bloomberg.com)
2 days ago Tax AI Ban Republican

China's tech giants are ramping up M&A and investment deals as the government shifts its stance to support the tech industry, particularly in areas like AI (www.bloomberg.com)
2 days ago China AI

Call center agents in Australia, Canada, Greece, and the US say they've been repeatedly mistaken for AI, as the industry rapidly integrates AI alongside humans (www.bloomberg.com)
2 days ago Australia AI Canada Greece

A look at efforts by Coinbase, Kraken, Robinhood, and other crypto companies to tokenize stocks amid regulatory hurdles and questions about product demand (www.bloomberg.com)
2 days ago Coinbase

Walmart's Flipkart says about 200M Indian users engaged with social videos and livestreams promoting products on the platform in H1 2025, up from 75M a year ago (www.bloomberg.com)
3 days ago India Walmart

Atlantic Council: US cyber power is hampered by an inefficient supply chain for zero days, with too few providers and “levels of middlemen” driving up costs (www.bloomberg.com)
3 days ago

Sources: Big Fund III, China's main chip fund that has secured only a part of its $48B goal, plans to focus on key shortcomings in lithography and EDA software (www.bloomberg.com)
3 days ago China

EQT agrees to sell Japanese automotive electronics manufacturer Pioneer for $1.1B to CarUX, a unit of Taiwan-listed Innolux specializing in smart cockpit tech (www.bloomberg.com)
4 days ago Japan Taiwan

Canada orders Chinese video surveillance tech provider Hikvision to cease all operations and close its business in the country over national security concerns (www.bloomberg.com)
4 days ago China Canada

Trump's tax bill expands Qualified Small Business Stock benefits for VCs, founders, startup staff, including increasing maximum tax-free gains from $10M to $15M (www.bloomberg.com)
4 days ago Trump Tax Startup

Alibaba unveils text-to-image and image-to-image generation model Qwen VLo, with progressive generation tech, which shows the image creation process (www.bloomberg.com)
4 days ago Alibaba

Battery recycler Redwood Materials and Project Stargate member Crusoe launch a 2,000-GPU data center in Nevada powered by repurposed EV batteries (www.bloomberg.com)
5 days ago Battery

Palantir signs a deal with The Nuclear Company under which the startup will pay Palantir $100M over five years to develop AI software for the nuclear industry (www.bloomberg.com)
5 days ago Startup AI

Sources: UK mobile bank Starling is looking to buy a nationally chartered bank with ~$2B of assets in the US as it seeks to expand in the country (www.bloomberg.com)
5 days ago Mobile Asset

Sources: Senate Parliamentarian raised concerns that the tax bill's ban on states from enforcing AI regulations may violate Senate rules, advising a rewrite (www.bloomberg.com)
5 days ago Tax AI Ban Senate

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