Articles from www.bloomberg.com

Articles from www.bloomberg.com

Apple is unlikely to acquire Sonos, but Amazon, Spotify, Roku, Samsung and others might consider the idea, with Amazon being the most natural fit (www.bloomberg.com)
2025-1-20 Amazon Samsung Apple Spotify

US officials have struck binding deals for 85% of the CHIPS Act funding; sources: Gina Raimondo said her successor, Howard Lutnick, is committed to the program (www.bloomberg.com)
2025-1-19

Amazon suspends drone deliveries in Texas and Arizona to fix the drones' software after two of its latest models crashed in rainy weather at a testing facility (www.bloomberg.com)
2025-1-18 Amazon Drone Texas

The FTC says Genshin Impact maker Cognosphere will pay $20M to settle claims that it deceived players about the cost of winning prizes and mishandled kids' data (www.bloomberg.com)
2025-1-18

The FTC releases a report saying Microsoft's $13B investment in OpenAI raises concerns that the company could extend its cloud computing dominance into AI (www.bloomberg.com)
2025-1-18 Microsoft AI

SCOTUS upholds the TikTok divest-or-ban law, says free speech rights must yield to concerns that Chinese control of the app creates a national-security risk (www.bloomberg.com)
2025-1-18 China Ban

Sources: Chinese hackers breached US Treasury Secretary Janet Yellen's computer and accessed fewer than 50 unclassified files; two deputies were also hacked (www.bloomberg.com)
2025-1-18 China

Bumble founder Whitney Wolfe Herd will return to the company as CEO in mid-March, replacing current CEO Lidiane Jones, who is departing for “personal reasons” (www.bloomberg.com)
2025-1-18

In a first, Samsung will pay 50%-100% of executive bonuses in stock starting January 2026, linking compensation to share performance amid chipmaking struggles (www.bloomberg.com)
2025-1-17 Samsung

Crypto wallet Phantom raised a $150M Series C co-led by Sequoia Capital and Paradigm at a $3B valuation, more than double its $1.2B valuation in January 2022 (www.bloomberg.com)
2025-1-17

Sources: Trump plans an EO to elevate crypto to a national imperative or priority and create a crypto advisory council to advocate for industry priorities (www.bloomberg.com)
2025-1-17 Trump

Doc: FBI leaders have warned that they believe the hackers who broke into AT&T's system last year stole months of their agents' call and text logs (www.bloomberg.com)
2025-1-17 FBI AT&T

Zhou Chaonan, the chairwoman of data center operator Range Intelligent, has become China's third richest woman after her company's stock rose 105% in 2024 (www.bloomberg.com)
2025-1-17 China

A look at the legal dispute between Walgreens and Cooler Screens, which installed 10,000 smart doors that track shoppers and show ads at Walgreens' US stores (www.bloomberg.com)
2025-1-17

E-commerce marketing startup Rokt agrees a secondary share sale at a $3.5B valuation ahead of a 2026 IPO, and acquires customer data startup mParticle for $300M (www.bloomberg.com)
2025-1-17 IPO Startup

Sources: the biggest shareholders of viral app Xiaohongshu, or RedNote, are in talks to sell part of their holdings at a valuation of at least $20B (www.bloomberg.com)
2025-1-17

Sources: Nothing seeks to raise at least $100M in its Series C; it crossed $1B in lifetime sales, sold 7M devices to date, and doubled revenue to $500M+ in 2024 (www.bloomberg.com)
2025-1-16

Germany-based Neura Robotics, which is building cognitive, humanoid robots for logistics and other sectors, raised a €120M Series B led by Lingotto Investment (www.bloomberg.com)
2025-1-16 Germany Robot Logistics

TSMC reports Q4 sales up 38.8% YoY to ~$26.38B, net income up 57% YoY to ~$11.4B, both above estimates; stock jumped 80%+ in 2024, its biggest gain since 1999 (www.bloomberg.com)
2025-1-16 4Q

India has deployed AI and other tech at the Maha Kumbh Mela in Prayagraj to ensure the safety of ~450M pilgrims and trace missing people during the festival (www.bloomberg.com)
2025-1-16 India AI

China plans to probe whether the US gives its chipmakers an unfair advantage through grants or undercuts Chinese products illegally, escalating the chip war (www.bloomberg.com)
2025-1-16 China

Official report: Chinese hackers who breached the US Treasury accessed 400+ computers and stole over 3K files; classified data and email systems were safe (www.bloomberg.com)
2025-1-16 China

Insight Partners raised $12.5B for its 13th flagship fund, down from its initial target of $20B, making it one of the biggest tech-focused funds (www.bloomberg.com)
2025-1-16

The US unveils new rules to curb flow of advanced chips produced by TSMC and others to China and sanctions 16 Chinese companies building China's chip industry (www.bloomberg.com)
2025-1-16 China

How gamers are turning gaming PCs into fashion statements: iBuypower customers spend an average of ~$2.4K on custom-built gaming PCs and $1.6K on prebuilt ones (www.bloomberg.com)
2025-1-16

The Philippines' decision to supercharge its online gambling sector has been disastrous, opening the door to crimes, including money laundering, in the country (www.bloomberg.com)
2025-1-15 Philippines

The VisionTrack Composite Index, which tracks the performance of 130 crypto-focused hedge funds, rose 40% in 2024, compared to Bitcoin's 120% surge that year (www.bloomberg.com)
2025-1-15 Bitcoin

The Netherlands tightens export control rules, requiring ASML and ASM International to seek licenses from the Dutch government for some chipmaking tools (www.bloomberg.com)
2025-1-15 Netherlands

PUBG developer Krafton, whose Seoul-listed shares are up more than 70% since early 2024, plans to invest over $136M in 2025 in more than a dozen game studios (www.bloomberg.com)
2025-1-15

Tether plans to relocate its corporate entity and subsidiaries to El Salvador after obtaining a digital asset service provider license in the country (www.bloomberg.com)
2025-1-15 Asset

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