Articles from www.bloomberg.com

Articles from www.bloomberg.com

Sources: Meta is in advanced talks to buy PlayAI, which uses AI to replicate voices for interfaces that are as “responsive as a conversation between two people” (www.bloomberg.com)
5 days ago AI

UAE-based Aqua 1 Foundation buys $100M worth of tokens from Trump's World Liberty Financial, becoming its largest individual investor ahead of Justin Sun (www.bloomberg.com)
5 days ago Trump

Marc Benioff says “AI is doing 30% to 50% of the work at Salesforce now”, including software engineering and customer service (www.bloomberg.com)
5 days ago AI Salesforce

Indonesia changes rules to require e-commerce platforms like TikTok Shop to withhold income tax from sellers, instead of asking sellers to pay the government (www.bloomberg.com)
5 days ago Tax Indonesia

EU competition chief Teresa Ribera rejects claims DMA enforcement could be traded to avoid Trump's tariffs, and urges mutual respect for each side's regulations (www.bloomberg.com)
5 days ago Trump

Amazon launches at-home diagnostic services in six Indian cities in partnership with Orange Health Labs, marking its entry into India's diagnostics market (www.bloomberg.com)
5 days ago India Amazon

US prosecutors charge Kai West, who is known as IntelBroker and was arrested in February in France, with conspiring to steal data from dozens of companies (www.bloomberg.com)
6 days ago France

Micron reports Q3 revenue up 37% YoY to $9.3B, vs. $8.85B est., forecasts Q4 revenue above estimates, and says it's on track for record revenue this fiscal year (www.bloomberg.com)
6 days ago 4Q

Sources: Kalshi is raising $100M+ led by Paradigm at a $1B+ valuation; Polymarket is completing a $200M+ investment led by Founders Fund at a ~$1B valuation (www.bloomberg.com)
6 days ago

Satellite company Maxar launches Sentry, an AI service that autonomously guides satellites to monitor cities, ports, and other sites for unusual activity (www.bloomberg.com)
6 days ago AI

French payments group Worldline's stock drops 20%+ after European journalism network EIC reports alleging that the company covered up customer fraud (www.bloomberg.com)
6 days ago France Europe

Xbow, whose AI tool automates penetration testing and topped HackerOne's US leaderboard for finding and reporting software bugs, raised a $75M Series B (www.bloomberg.com)
7 days ago AI

Sources: Walmart has opened a “dark store” warehouse in Dallas and plans to add another in Bentonville, Arkansas, as it tests ways to speed up online deliveries (www.bloomberg.com)
7 days ago Walmart

Demand is growing for expensive personalized dating services that vet members before first dates; Tinder's paid users have fallen for two years amid app fatigue (www.bloomberg.com)
7 days ago

Sources: Microsoft is planning a round of Xbox layoffs next week, with managers expecting substantial cuts, the fourth big layoff at Xbox in the past 18 months (www.bloomberg.com)
7 days ago Microsoft Layoffs Xbox

Interviews with 24+ Microsoft customers and salespeople show that Microsoft is struggling to sell Copilot to enterprises as many of their employees want ChatGPT (www.bloomberg.com)
7 days ago Microsoft

Interviews with 24+ Microsoft customers, salespeople, and others show that Microsoft is struggling to sell Copilot AI as enterprise customers opt for ChatGPT (www.bloomberg.com)
7 days ago Microsoft AI

Amazon says it plans to invest £40B in the UK economy over the next three years, including opening four new warehouses; Amazon invested £12B+ in the UK in 2023 (www.bloomberg.com)
7 days ago Amazon

Samsung schedules its next Galaxy Unpacked event for July 9 at 10am ET in Brooklyn, where AI updates, the Galaxy Z Fold 7, and Galaxy Z Flip 7 are expected (www.bloomberg.com)
8 days ago Samsung AI

Sources: Mark Zuckerberg discussed a possible acquisition with Runway AI; the deal talks never reached a formal offer level (www.bloomberg.com)
8 days ago AI Zuckerberg

Videos captured by riders appear to show Tesla's self-driving taxis violating traffic laws, including entering the opposite lane and exceeding speed limits (www.bloomberg.com)
8 days ago Tesla

Sanmai, which wants to build an AI-powered ultrasound device that costs less than $500 to help treat mental health conditions, raised $12M led by Reid Hoffman (www.bloomberg.com)
8 days ago AI

Super Micro plans to raise $2B from the sale of convertible bonds to repurchase shares, as well as to fund growth and business expansion (www.bloomberg.com)
8 days ago

Fiserv aims to launch its own stablecoin by 2025's end, and partners with PayPal and Circle to develop new products for financial institutions and merchants (www.bloomberg.com)
8 days ago

A look at Silicon Valley's “botscaling” era, where startups brag about high revenue per employee and low headcount, after “blitzscaling” from 2012 to 2023 (www.bloomberg.com)
8 days ago Startup

TechInsights: Huawei's MateBook Fold uses SMIC's 7nm chip, like the Mate 60 Pro that stunned the US two years ago, suggesting export rules are hampering Huawei (www.bloomberg.com)
8 days ago

Q&A with LinkedIn CEO Ryan Roslansky on how generative AI is affecting LinkedIn's business, AI agents, dealing with fake AI-generated accounts, jobs, and more (www.bloomberg.com)
8 days ago LinkedIn AI

A look at BeeHome, an AI-powered robotic beehive developed by Beewise, which has raised ~$170M and helps reduce losses by monitoring colony health in real time (www.bloomberg.com)
9 days ago AI Robot

Inside Disney's plan to limit AI companies' use of its IP, which led Disney and Comcast to sue Midjourney; Disney is also in talks with companies like OpenAI (www.bloomberg.com)
9 days ago AI

How AI is enabling a “botscaling” era in Silicon Valley, where companies achieve high revenue per employee with minimal headcount (www.bloomberg.com)
9 days ago AI

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