Articles from www.bloomberg.com

Articles from www.bloomberg.com

Sources: Apple is keeping TikTok and other ByteDance apps on its US App Store for at least another 75 days, following assurances from AG Pam Bondi (www.bloomberg.com)
2025-4-7 Apple

How Apple may adjust to the US tariffs; sources: the iPhone 17 Pro's camera panel will span the width of the phone and will be the same color as the device (www.bloomberg.com)
2025-4-7 iPhone Apple

Miami-based Felix Pago, which uses stablecoins for cross-border remittances and handled $1B+ of transfers via WhatsApp in 2024, raised $75M Series B led by QED (www.bloomberg.com)
2025-4-6 WhatsApp

Analysis: tech companies have pledged at least $1.4T in US spending since Trump was elected, although many of the plans aren't new and not all will be fulfilled (www.bloomberg.com)
2025-4-5 Trump

Sources: Meta is ramping up work on its first glasses with a display, codenamed Hypernova, which it could debut as early as the end of 2025 for $1,000 to $1,400 (www.bloomberg.com)
2025-4-5

Sources: StubHub, Klarna, eToro, and adtech group MNTN have paused their IPO plans as President Trump's trade war upends the global economy (www.bloomberg.com)
2025-4-5 Trump IPO

Redpanda, which offers companies AI-powered data analytics tools, raised a $100M Series D led by GV, with participation from Lightspeed, at a $1B valuation (www.bloomberg.com)
2025-4-4 AI

President Trump reiterates he's open to tariff relief for China if it approves the sale of TikTok's US operations; the app faces an April 5 divestment deadline (www.bloomberg.com)
2025-4-4 Trump China

Sources: Oracle told some clients this week that hackers stole old login credentials, the second breach that Oracle acknowledged to clients in the past month (www.bloomberg.com)
2025-4-4 Oracle

President Trump's tariffs are set to disrupt the Bitcoin mining sector, as many of the largest miners are based in the US and the supply chain is rooted in Asia (www.bloomberg.com)
2025-4-4 Trump Bitcoin Asia

AI video startup Runway raised $308M led by General Atlantic, sources say at a $3B+ valuation, and plans to hire more filmmakers, screenwriters, and others (www.bloomberg.com)
2025-4-4 Startup AI

Sources: Ireland's DPC will fine TikTok €500M+ before the end of April for illegally shipping European users' data to China, after a lengthy GDPR investigation (www.bloomberg.com)
2025-4-3 China Europe Ireland GDPR

Sources: Microsoft has halted talks for, or delayed development of, data center projects in Indonesia, the UK, Australia, Illinois, North Dakota, and Wisconsin (www.bloomberg.com)
2025-4-3 Australia Microsoft Indonesia

President Trump's tariffs are set to disrupt the Bitcoin mining sector, with many of the largest miners based in the US and the supply chain rooted in Asia (www.bloomberg.com)
2025-4-3 Trump Bitcoin Asia

Circle's S-1 shows that it is basically a fintech and that, as of December 31, 2024, ~85% of USDC reserves were held in a BlackRock-managed money market fund (www.bloomberg.com)
2025-4-3 Fintech

Netscout: DDoS attacks rose from 13M+ in 2023 to ~17M in 2024, becoming a staple of geopolitical conflict as new tech like AI supercharges their power (www.bloomberg.com)
2025-4-3 AI

Sources: Sumitomo Mitsui Banking Corp. is in talks with Fujitsu to help the bank's biggest customers make key decisions using AI-inferred demand predictions (www.bloomberg.com)
2025-4-3 AI

The US announces a new 34% “reciprocal” tariff rate on almost all products imported from China, going into effect from April 9, 2025 (www.bloomberg.com)
2025-4-3 China

The White House says “de minimis” exemptions for packages under $800 from China and Hong Kong will end on May 2, affecting Temu, Shein, and other marketplaces (www.bloomberg.com)
2025-4-3 China Hong Kong

Source: Scale AI generated ~$870M in revenue in 2024, with its annualized run rate reaching $1.5B by the end of the year, and expects $2B in revenue in 2025 (www.bloomberg.com)
2025-4-3 AI

Siemens agrees to acquire Boston-based R&D scientific software company Dotmatics from Insight Partners for $5.1B, in a deal expected to close in H1 2026 (www.bloomberg.com)
2025-4-3 Siemens

Patreon says it now has 6.7M paid podcast subscriptions, generating $472M+ in 2024 revenue, up 35% YoY, and signs podcasting deals with Sony Music and Wondery (www.bloomberg.com)
2025-4-3 Sony

Indian investment bank The Rainmaker Group says 36+ Indian tech startups like Flipkart and PhonePe with a combined $100B valuation are set to go public by 2027 (www.bloomberg.com)
2025-4-2 India Startup

Qualcomm says it is weighing an acquisition offer for Alphawave, which has a market cap of ~$1.3B and makes high-speed semiconductor and connectivity technology (www.bloomberg.com)
2025-4-2

Sources: AI coding startup Replit is in talks with investors to raise about $200M at a $3B valuation, almost triple its last valuation (www.bloomberg.com)
2025-4-2 Startup AI

Sources: Finland-based IQM, which builds full-stack superconducting quantum computers, is in talks to raise more than €200M; it raised a €128M Series A2 in 2022 (www.bloomberg.com)
2025-4-2 Finland Quantum

Sources: Meta is ramping up work on its first AR glasses with a display, which could be introduced as early as the end of 2025 and cost between $1K and $1,400 (www.bloomberg.com)
2025-4-2 AR

Meta VP of AI Research Joelle Pineau says she plans to leave in May 2025 after nearly eight years; she has led the FAIR group since early 2023 (www.bloomberg.com)
2025-4-2 AI

Ahead of the Switch 2, Nintendo is branching out to use its characters in cinema, theme parks, and merch in a Disney-like way to create more consistent revenue (www.bloomberg.com)
2025-4-1 Nintendo

Samsung says TM Roh, who oversees mobile, will temporarily step into a broader role overseeing its consumer electronics, after the death of co-CEO Han Jong-Hee (www.bloomberg.com)
2025-4-1 Mobile Samsung

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