Articles from www.bloomberg.com

Articles from www.bloomberg.com

A profile of OpenTable CEO Debby Soo, who shifted its focus from diners to restaurants; it now seats ~2B diners a year across 65K restaurants, an all-time high (www.bloomberg.com)
2026-4-19

Sources: Cursor is in advanced talks to raise about $2B co-led by a16z at a valuation of more than $50B, not including the investment, with Nvidia participating (www.bloomberg.com)
2026-4-18 Nvidia

A profile of wealth manager Iconiq, which, sources say, has $100B AUM, with $26B specifically for VC investing; Iconiq invested $3B into AI startups in 2025 (www.bloomberg.com)
2026-4-18 Startup AI

China fines leading food delivery apps, including Alibaba and Meituan, a combined ~$528M, the largest fine for the sector since the 2015 food safety law (www.bloomberg.com)
2026-4-17 China Alibaba

Sources: Sequoia raised ~$7B for a new fund, the first fundraising round under its new leadership; the firm's last expansion fund was a $3.4B vehicle in 2022 (www.bloomberg.com)
2026-4-17

Hangzhou-based Manycore shares rose 187% early in its Hong Kong debut after raising $156M in its IPO; it is pivoting to selling AI training data to robot makers (www.bloomberg.com)
2026-4-17 Hong Kong IPO AI Robot

Sources: SpaceX told employees that it has moved up the scheduled date for when shares awarded to employees become eligible for sale from May to April (www.bloomberg.com)
2026-4-17 SpaceX

Netflix reports Q1 revenue up 16% YoY to $12.3B, vs. $12.2B est., net income of $5.28B, and forecasts Q2 EPS below estimates; NFLX drops 8%+ after hours (www.bloomberg.com)
2026-4-17 Netflix

Sources: Upscale AI, which builds AI networking infrastructure, is in talks to raise $180M to $200M at a $2B valuation, its third funding round in seven months (www.bloomberg.com)
2026-4-17 AI

Memo: the White House notified Cabinet departments that OMB is setting up protections that would allow their agencies to begin using Anthropic's Mythos model (www.bloomberg.com)
2026-4-17

Canva unveils Canva AI 2.0, which can generate editable layered designs from conversational prompts using Canva's foundation model built specifically for design (www.bloomberg.com)
2026-4-17 AI

Financial services startup Slash, which is building an AI agent, raised $100M led by Ribbit at a $1.4B valuation and reports nearly $300M in annualized revenue (www.bloomberg.com)
2026-4-17 Startup AI

Roku says it is in 100M+ homes globally and its devices are used by “more than half of all US broadband households”; Roku had $4.15B in 2025 platform revenue (www.bloomberg.com)
2026-4-16

Sources: UK paraplegic athlete Claire Lomas was being filmed for Apple Vision Pro series Adventure when she crashed a microlight in Jordan and died in July 2024 (www.bloomberg.com)
2026-4-16 Apple

Big Tech companies say a $90B data center buildout in Spain's Aragón, one of Europe's fastest-growing hubs, should be an EU model, as local residents push back (www.bloomberg.com)
2026-4-16 Europe Spain

Alibaba's new Token Hub unit releases Happy Oyster, a new AI world model that can create 3D environments, interactive videos, films, video content, and games (www.bloomberg.com)
2026-4-16 Alibaba AI

Analysis and filings: Google owns a ~5% SpaceX stake, down from 6.11% at 2025's end; if SpaceX hits a $2T IPO valuation, Google's stake would be worth $100B (www.bloomberg.com)
2026-4-16 Google IPO SpaceX

India produces over 1.5M CS graduates annually, but scale is no longer an advantage with the rise of AI coding tools; Infosys revamps hiring to focus on AI (www.bloomberg.com)
2026-4-16 India AI

Companies that hire young “AI natives” have found that AI tools can be both helpful and debilitating to workers, in some cases requiring more careful oversight (www.bloomberg.com)
2026-4-16 AI

A TTP analysis finds dozens of nudify apps in Apple and Google app stores via search, despite company policy prohibiting them; they generated $122M+ in revenue (www.bloomberg.com)
2026-4-16 Google Apple

Filings: Marc Andreessen and Ben Horowitz donated $25M to pro-AI super PAC Leading the Future, bringing the group's total cash on hand to over $51M (www.bloomberg.com)
2026-4-16 AI

The European Commission issues a supplementary statement of objections threatening Meta with an interim ban on WhatsApp policies that allegedly block rivals (www.bloomberg.com)
2026-4-15 Europe WhatsApp Ban

Accel raised $5B, including a $4B Leaders fund, focused on writing large checks to late-stage startups globally, and a $650M sidecar fund, taking AUM to $36B (www.bloomberg.com)
2026-4-15 Startup

ASML says South Korea surpassed China as its largest market in Q1 2026, with shipments hitting 45% of net system sales, or €2.84B, up from 22% in Q4 2025 (www.bloomberg.com)
2026-4-15 China Korea 4Q

Trading firm Jane Street takes an additional $1B stake in CoreWeave, and plans to spend ~$6B to access CoreWeave's Vera Rubin chips to build and deploy AI (www.bloomberg.com)
2026-4-15 AI

The EU unveils an open-source age verification app that requires legal ID to shield minors from harmful content, aiming to standardize verification in the bloc (www.bloomberg.com)
2026-4-15

Tel Aviv-based eToro agrees to acquire crypto wallet provider Zengo, a source says for ~$70M, mostly in cash; Zengo lets traders swap between tokens and fiat (www.bloomberg.com)
2026-4-15

Memo: Snap CEO Evan Spiegel says the company plans to lay off ~1,000 full-time employees, or 16% of its global workforce, to cut costs and achieve profitability (www.bloomberg.com)
2026-4-15

Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each; SoftBank has already invested $30B (www.bloomberg.com)
2026-4-15

Apple endorses the ~$11.6B Amazon-Globalstar deal, citing a “proven track record” with Amazon infrastructure; Apple holds a ~20% stake in Globalstar (www.bloomberg.com)
2026-4-15 Amazon Apple

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