Articles from www.bloomberg.com

Articles from www.bloomberg.com

Takeaways from the 2026 Game Developers Conference: a high volume of job seekers amid layoffs, AI was the hot buzzword, more outsourcing than ever, and more (www.bloomberg.com)
2026-3-15 AI Layoffs

A survey of 1,000 hiring managers: 59% say they stress AI's role in layoffs or hiring freezes “because it plays better”; only 9% say AI has fully replaced roles (www.bloomberg.com)
2026-3-15 AI Layoffs

An excerpt from the upcoming book Project Maven details how the Pentagon enlisted Silicon Valley to build AI-powered tools of war, now playing out in Iran (www.bloomberg.com)
2026-3-14 AI Iran Pentagon

The US Army awards Anduril a 10-year contract worth up to $20B to buy its software, hardware, and services; the deal includes a 5-year optional ordering period (www.bloomberg.com)
2026-3-14

$TRUMP memecoin surged as much as 60% after its promoters said it would host a gala luncheon at Mar-a-Lago with Trump; the WH hasn't confirmed his attendance (www.bloomberg.com)
2026-3-14 Trump

Travis Kalanick renames CloudKitchens' parent company as Atoms, focused on creating “gainfully employed robots” for the food, mining, and transport industries (www.bloomberg.com)
2026-3-14 Robot

Uber is relaunching a robotaxi service with Hyundai-backed Motional in Las Vegas; the service will initially have a safety driver behind the wheel (www.bloomberg.com)
2026-3-13 Uber Vegas

Sources: HSBC and Standard Chartered are set to be among the first licensed stablecoin issuers in Hong Kong, as the city pushes to become a crypto hub (www.bloomberg.com)
2026-3-13 Hong Kong HSBC

The European Commission says “X has submitted remedies in relation to its blue check mark” in the EU and the commission will “assess” the proposed remedies (www.bloomberg.com)
2026-3-13 Europe

Apple is lowering its commission for its mainland China App Store from 30% to 25%, starting on March 15, “following discussions with the Chinese regulator” (www.bloomberg.com)
2026-3-13 China Apple

Sources: Amazon plans to move its Prime Day sale from July to late June; the shift affects its financial reporting, with event sales coming in Q2 rather than Q3 (www.bloomberg.com)
2026-3-13 Amazon

Sources: Meta has paused the Persian Gulf section of its 2Africa subsea cable project as the war in the Middle East freezes activity in the region (www.bloomberg.com)
2026-3-13

PayPay shares jump 19% in their Nasdaq debut after the company's $879.8M US IPO, the biggest listing by a Japanese company on a US stock exchange in a decade (www.bloomberg.com)
2026-3-13 Japan IPO

Sources: Apple's foldable iPhone will feature iPad-like layouts and side-by-side apps on its iPad mini-sized inner display and a small iPhone-sized outer screen (www.bloomberg.com)
2026-3-13 iPhone Apple iPad

Sunday, which is building autonomous home robots, raised a $165M Series B led by Coatue at a valuation of $1.15B, and aims to begin testing in homes this year (www.bloomberg.com)
2026-3-13 Robot

Michael Dell says “I don't think a company can dictate to a sovereign government what it does with its tools”, responding to a question on the Anthropic feud (www.bloomberg.com)
2026-3-13

Sources: Greenoaks founder Neil Mehta is pitching an endowment-type fund to Silicon Valley billionaires to influence CA politics, aiming to raise $100M to $500M (www.bloomberg.com)
2026-3-13

Stockholm-based AI coding startup Lovable reaches $400M in ARR, up from $300M in January; rival Cursor hit $2B in annualized revenue in February, per a source (www.bloomberg.com)
2026-3-13 Startup AI

Microsoft and Meta each committed nearly $50B in additional data center leases in their most recent quarters, taking major cloud companies' total to $700B+ (www.bloomberg.com)
2026-3-12 Microsoft

Israeli-Dutch startup Wonderful AI, which offers AI agents that can handle customer conversations across voice, chat, and more, raised $150M at a $2B valuation (www.bloomberg.com)
2026-3-12 Israel Startup AI Netherlands

Sources: India plans to unveil a ~$10.8B fund aimed at bolstering domestic chipmaking, including subsidizing chip design projects and manufacturing equipment (www.bloomberg.com)
2026-3-12 India Manufacturing

Microsoft is pushing for more Africans to adopt its AI tools as it competes with DeepSeek: training 3M people, partnering with telecom MTN to sell 365, and more (www.bloomberg.com)
2026-3-12 Microsoft AI

Sources: Alibaba-backed PixVerse, which develops AI video generation tools, raised a $300M Series C led by CDH; the company says the round values it at $1B+ (www.bloomberg.com)
2026-3-12 Alibaba AI

Sources: India is drafting new smartphone manufacturing incentives linking subsidies to exports and greater use of local components, benefiting Apple and others (www.bloomberg.com)
2026-3-12 India Apple Manufacturing

Sources: the foldable iPhone will feature an iPad-like interface for its iPad mini-sized inner display and have an outer screen the size of a small iPhone (www.bloomberg.com)
2026-3-12 iPhone iPad

Sources: Netflix will pay as much as $600M for InterPositive, Ben Affleck's AI moviemaking company, including bonuses for meeting certain performance targets (www.bloomberg.com)
2026-3-12 AI Netflix

Sources: Ripple kicks off a share buyback at a $50B valuation to repurchase up to $750M in shares from investors and employees in a tender offer through April (www.bloomberg.com)
2026-3-12

Amazon raised €14.5B in its euro bond market debut, the biggest ever corporate deal in the currency, following a dollar offering on Tuesday that raised $37B (www.bloomberg.com)
2026-3-12 Amazon

Meta unveils four new chips, the MTIA 300, MTIA 400, MTIA 450, and MTIA 500, set to launch by the end of 2027; the MTIA 300 is in production for content ranking (www.bloomberg.com)
2026-3-12

Nvidia plans to invest $2B in Amsterdam-based Nebius as part of a partnership to build AI data centers and deploy 5GW+ of Nvidia systems by the end of 2030 (www.bloomberg.com)
2026-3-11 AI Nvidia

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