Articles from www.bloomberg.com

Articles from www.bloomberg.com

HPE reports Q2 revenue up 6% YoY to $7.63B, vs. $7.46B est., Server revenue up 6% YoY to $4.1B, and says it expects a reduced impact from tariffs this year (www.bloomberg.com)
2025-6-4

Broadcom begins shipping its Tomahawk 6 data center switch chips, which it says can perform the work of six previous-gen chips to improve GPU utilization rates (www.bloomberg.com)
2025-6-3

Huawei Pura X review: the ~$1,050, China-only clamshell is Huawei's first flagship running HarmonyOS 5, with novel ergonomics and an incomplete app ecosystem (www.bloomberg.com)
2025-6-3 China

Indeed says CEO Chris Hyams is stepping down, replaced by parent Recruit Holdings CEO Hisayuki “Deko” Idekoba, who is returning to the role after six years (www.bloomberg.com)
2025-6-3

Meta agrees to acquire power from Constellation's operating Illinois nuclear plant, in a 20-year deal starting in mid-2027 when a state subsidy expires (www.bloomberg.com)
2025-6-3

Germany's data protection commission fines Vodafone a record €45M due to data privacy violations linked to malicious behavior by third-party sales agents (www.bloomberg.com)
2025-6-3 Germany

TSMC CEO C. C. Wei blames worsening traffic for delays in expanding its new Japan facility, and reaffirms plans to spend $100B in Arizona in the next five years (www.bloomberg.com)
2025-6-3 Japan

Sources: Elon Musk is selling $5B in debt for xAI at a double-digit interest rate, with demand already exceeding $3.5B (www.bloomberg.com)
2025-6-3 Elon Musk Interest Rate

Uber names longtime exec Andrew Macdonald as president and first COO since 2019; SVP of delivery Pierre-Dimitri Gore-Coty is leaving Uber after nearly 13 years (www.bloomberg.com)
2025-6-3 Uber

Germany's Federal Cartel Office warns Amazon that its price controls for marketplace retailers likely violate national and EU laws, in preliminary findings (www.bloomberg.com)
2025-6-2 Germany Amazon

Sources: Samsung and Perplexity in talks about an investment, preloading Perplexity's app on Samsung devices, adding its search to Samsung's browser, and more (www.bloomberg.com)
2025-6-2 Samsung Browser

A profile of prediction market Kalshi, which is using its federal financial license to open up sports gambling across the US, even in states where it is illegal (www.bloomberg.com)
2025-6-2

Sources: UMG, Warner Music, and Sony Music are in talks to license their work to AI music services Udio and Suno and settle copyright infringement lawsuits (www.bloomberg.com)
2025-6-2 AI Sony

A look at Apple's AI plans for WWDC; sources: macOS 26 will be named Tahoe and Apple is testing its 3B, 7B, 33B, and 150B AI models via internal tool Playground (www.bloomberg.com)
2025-6-2 AI Apple

Microsoft and the CWA reach a tentative contract agreement for ~300 ZeniMax QA workers after two years of talks, marking Microsoft's first US union contract (www.bloomberg.com)
2025-6-1 Microsoft

Grow a Garden, a hit game on Roblox, has spawned a market where in-game items are sold for real money on sites like eBay, potentially violating Roblox's ToS (www.bloomberg.com)
2025-5-31 eBay

Sources: TikTok Shop cuts several hundred jobs in Indonesia, leaving Tokopedia and TikTok Shop with ~2,500 employees in the country, down from ~5,000 last year (www.bloomberg.com)
2025-5-31 Indonesia

Docs and sources: Builder.ai faked business with Bengaluru-based VerSe, which runs the Dailyhunt news app, by “round-tripping” sales worth ~$60M from 2021-2024 (www.bloomberg.com)
2025-5-31 AI

Vista Equity Partners agrees to acquire ERP software provider Acumatica from PE firm EQT, sources say in a deal that values Acumatica at ~$2B including debt (www.bloomberg.com)
2025-5-31 Equity ERP

Sources: Elon Musk is pushing lawmakers to help clear a path for driverless vehicles and has been weighing in on revisions of a bill on autonomous vehicles (www.bloomberg.com)
2025-5-31 Elon Musk Autonomous Car

Sources: Abridge, which uses AI to transcribe medical chats, is raising $300M led by a16z at a $5.3B valuation, up from $2.75B in February when it raised $250M (www.bloomberg.com)
2025-5-31 AI

Sources: Trump administration plans to expand Entity List restrictions to cover subsidiaries of Chinese companies, aiming to block workarounds via new offshoots (www.bloomberg.com)
2025-5-31 Trump China

Sources: TSMC is evaluating building a “gigafab” in the UAE and has discussed the possibility with MGX and officials in the Trump administration (www.bloomberg.com)
2025-5-31 Trump

Meta's Anduril deal shows how much has changed in the past couple of years in Silicon Valley, where developing war tech was once considered a hard red line (www.bloomberg.com)
2025-5-30

ClickHouse, which offers an OLAP database management system, raised $350M led by Khosla, a source says at a $6.35B valuation; it is nearing an ARR of $100M (www.bloomberg.com)
2025-5-30 Database

DeepSeek says its R1 update can perform mathematics, programming, and general logic better than the previous version, and comes close to o3 and Gemini 2.5 Pro (www.bloomberg.com)
2025-5-29 Mathematics programming

Beijing-based Kuaishou updates its Kling video-generation tool to cut the cost and time to create clips, and says it can generate 1080p videos in under a minute (www.bloomberg.com)
2025-5-29

Nvidia CEO Jensen Huang says Chinese AI rivals are filling the void left by US companies leaving China and Huawei has become “quite formidable” (www.bloomberg.com)
2025-5-29 China AI Nvidia

Source: Victoria's Secret stops some office operations and tells staff to avoid using its tech amid a “security incident” that also disrupted its website (www.bloomberg.com)
2025-5-29

A profile of FPT, Vietnam's largest listed tech company, which is playing a crucial role in the country's ambition to compete with regional rivals in AI (www.bloomberg.com)
2025-5-29 AI Vietnam

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