Articles from www.bloomberg.com

Articles from www.bloomberg.com

Grab plans to invest $60M in remote driving service Vay, potentially rising to $410M within the next year if Vay hits certain milestones, set to close in Q4 (www.bloomberg.com)
2025-11-11 4Q

Instacart reports Q3 revenue up 10% YoY to $939M, above est., orders up 14% YoY to 83.4M, above 82.9M est., GTV up 10% to $9.1B, and plans a $1.5B share buyback (www.bloomberg.com)
2025-11-11

Microsoft recruits popular US influencers to help boost its Copilot chatbot; Sensor Tower says Copilot has 99M downloads since launch, far below ChatGPT's 1.4B (www.bloomberg.com)
2025-11-10 Microsoft chatbot Sensor

TSMC reports a 16.9% rise in October sales, the slowest pace since February 2024, highlighting uncertainty over the AI boom's sustainability; TSMC is up 37% YTD (www.bloomberg.com)
2025-11-10 AI

A look at Rigetti Computing and D-Wave Quantum, whose shares have surged over 1,900% in the past year as the potential of quantum computing captivates investors (www.bloomberg.com)
2025-11-10 Quantum

A look at Apple's plans to enhance satellite connectivity in its products, Siri's Gemini upgrade, new 2026 Macs, a Health+ service, and the future of Fitness+ (www.bloomberg.com)
2025-11-10 Apple

As US schools adopt AI, a look at the growing use of AI-powered monitoring tools like GoGuardian to scan students' chatbot conversations for signs of self-harm (www.bloomberg.com)
2025-11-9 AI chatbot

OpenAI, Alphabet, and Perplexity offering free access to their paid tiers in India suggests the country may be the biggest and safest bet for broad AI adoption (www.bloomberg.com)
2025-11-9 India AI Alphabet

Apple Music's growth may be stymied by the lack of a free tier as a funnel; Midia: on a weekly level, 43% of consumers used Spotify and 16% turned to Apple (www.bloomberg.com)
2025-11-8 Apple Spotify

CoinGecko: crypto market cap falls to $3.5T from October's $4.4T peak, on track to erase its 2025 gains; crypto ETFs had $700M of net outflow over the past week (www.bloomberg.com)
2025-11-8 ETF

A US judge declares a mistrial after a jury couldn't reach a verdict on two brothers charged in 2024 for allegedly stealing $25M in crypto from Ethereum traders (www.bloomberg.com)
2025-11-8 Ethereum

In a letter on October 27, OpenAI asked the Trump administration to expand a 35% Chips Act tax credit to help lower the cost of AI infrastructure (www.bloomberg.com)
2025-11-8 Trump Tax AI

Trump Media reports Q3 net sales down 3.8% YoY to $972.9K and a net loss of $55M, up from $19M in Q3 2024; its stock is down 70% from a January high (www.bloomberg.com)
2025-11-8 Trump

Fastbreak AI, which provides AI-based sports scheduling optimization tools to the NBA, NHL, and others, raised $40M led by Greycroft and GTMfund (www.bloomberg.com)
2025-11-8 AI

Study: Polymarket's trading volume has been artificially inflated by wash trading, accounting for 25% of all buying and selling over the past three years (www.bloomberg.com)
2025-11-8

China is allowing Nexperia to export chips again, according to officials from several auto companies; shares in Wingtech, Nexperia's Chinese parent, surged 10%+ (www.bloomberg.com)
2025-11-7 China

Sources: the Netherlands is prepared to drop the ministerial order that gave it control of Nexperia if China allows exports of its critical chips again (www.bloomberg.com)
2025-11-7 China Netherlands

Take-Two delays the release of GTA VI by six months to November 2026, reports Q2 net bookings up 33% YoY to $1.96B, vs. $1.72B est.; TTWO drops 8%+ after hours (www.bloomberg.com)
2025-11-7

Sam Altman says OpenAI doesn't want government guarantees for data centers and expects to fund investments with revenues hitting “hundreds of billions by 2030” (www.bloomberg.com)
2025-11-7

A US judge sentences Keonne Rodriguez, a co-founder of crypto mixer Samourai Wallet, to five years in prison for helping to launder hundreds of millions (www.bloomberg.com)
2025-11-7

Synchron, whose brain implant is inserted through the circulatory system, avoiding invasive brain surgery, raised a $200M Series D at a nearly $1B valuation (www.bloomberg.com)
2025-11-7

British Airways owner IAG signs a deal with SpaceX's Starlink for Wi-Fi across all five carriers in the airline group, making it available in 500+ aircraft (www.bloomberg.com)
2025-11-7 U.K. SpaceX

SpaceX agrees to acquire EchoStar's unpaired AWS-3 licenses for $2.6B in stock, after EchoStar sold WS-4 and H-block licenses to SpaceX for $17B in September (www.bloomberg.com)
2025-11-6 SpaceX

Sources: Shein told investors in August that it expects $2B in net income in 2025 despite US tariffs and forecasts mid-teen percentage growth in full-year sales (www.bloomberg.com)
2025-11-6

Research: US companies announced 153,074 job cuts in October, the most in 20+ years and up 3x on October 2024, as AI reshapes industries and cost-cutting rises (www.bloomberg.com)
2025-11-6 AI

Sources: Sequoia's Pat Grady and Alfred Lin plan to deepen the firm's AI focus and reframe its image as less politically partisan, after Roelof Botha's exit (www.bloomberg.com)
2025-11-6 AI

Rockstar says it fired dozens of staff last week due to “distributing and discussing confidential information in a public forum”, disputing union allegations (www.bloomberg.com)
2025-11-6

Huawei unveils the ~$590 Mate 70 Air, a 6.6mm thick smartphone set to compete with the $999 iPhone Air, with a 7" display and HarmonyOS, shipping November 11 (www.bloomberg.com)
2025-11-6 iPhone

Sources, public records, and documents detail TuSimple's downfall, after it transferred autonomous driving IP to Chinese partners despite a 2022 CFIUS agreement (www.bloomberg.com)
2025-11-6 China

Sources: SoftBank explored a potential takeover of Marvell earlier this year to merge it with Arm, in what would have been the chip industry's largest-ever deal (www.bloomberg.com)
2025-11-6

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