Articles from www.bloomberg.com

Articles from www.bloomberg.com

DoorDash plans to acquire New York-based hospitality tech company SevenRooms for $1.2B in cash, set to close in H2 2025; SevenRooms works with 13,000+ clients (www.bloomberg.com)
11 days ago New York

Elon Musk's attorney says OpenAI's nonprofit reversal is “a transparent dodge that fails to address the core issues” and “the founding mission remains betrayed” (www.bloomberg.com)
11 days ago Elon Musk

The US Treasury Department sanctions the Myanmar-linked Karen National Army over helping organized crime groups operate multibillion-dollar “scam compounds” (www.bloomberg.com)
11 days ago

Sources: Microsoft remains the biggest holdout among investors in OpenAI's restructuring, and is seeking assurance that changes will protect its $13.75B stake (www.bloomberg.com)
11 days ago Microsoft

Sources: OpenAI reaches an agreement to buy Windsurf, an AI coding tool formerly known as Codeium, for about $3B; the deal has not yet closed (www.bloomberg.com)
11 days ago AI

Palantir reports Q1 revenue up 39% YoY to $884M, vs. $863M est., and raises 2025 sales guidance to $3.9B on demand for AI software that's a “ravenous whirlwind” (www.bloomberg.com)
12 days ago AI

Sources: General Atlantic is in advanced talks to buy a minority stake in Blackstone-backed Liftoff; the deal would value the mobile app marketing firm at $4B+ (www.bloomberg.com)
12 days ago Mobile

The UAE will add AI to public school curriculum, including ethical awareness and foundational concepts, for kindergarten pupils through to 12th grade this year (www.bloomberg.com)
13 days ago AI

As Xbox hikes game prices, the three highest-reviewed games of 2025 so far on Metacritic—Clair Obscur, Blue Prince, and Split Fiction—are all budget titles (www.bloomberg.com)
13 days ago Budget Xbox

An in-depth look at the impact of stratospheric pollution from satellite reentries on the ozone layer, as Starlink and others launch more internet satellites (www.bloomberg.com)
13 days ago

US v. Google: Google says its controls for publishers to opt out of AI training only cover work by Google DeepMind, not training by its other units for search (www.bloomberg.com)
14 days ago Google AI

A hacking group called DragonForce takes credit for ransomware attacks targeting British retailers M&S, Harrods, and Co-Op over the past two weeks (www.bloomberg.com)
15 days ago U.K.

Sources: Apple is working with Anthropic for a new version of Xcode that will use Claude Sonnet to write, edit, and test code, with plans to roll out internally (www.bloomberg.com)
15 days ago Apple

Sources: eToro is considering launching its US IPO as soon as next week, after pausing its plans in April amid tariff-related stock volatility (www.bloomberg.com)
15 days ago IPO

Apple plans to source more than 19B chips from the US this year, including from TSMC's expanding Arizona facilities, as it seeks to lessen its reliance on China (www.bloomberg.com)
15 days ago China Apple

Google begins showing AdSense ads in conversations with AI chatbots; sources say Google tested the ads in 2024 with startups, like AI search apps iAsk and Liner (www.bloomberg.com)
15 days ago Google Startup AI chatbot

Instacart reports Q1 revenue up 9% YoY to $897M and gross transaction volume up 10% to $9.1B, and forecasts Q2 revenue above est.; CART jumps 5%+ after hours (www.bloomberg.com)
16 days ago

LinkedIn will share ad revenue with creators for the first time, starting with 30 B2B creators, and says users now watch 36% more video content than a year ago (www.bloomberg.com)
16 days ago LinkedIn

Sources: the US is weighing a potential easing of restrictions on Nvidia chip sales to the UAE as Trump plans a visit to the country; NVDA jumps 4%+ (www.bloomberg.com)
16 days ago Trump Nvidia

Sources: Ripple proposed acquiring Circle for $4B to $5B, which was rejected as too low, and remains interested but hasn't decided whether to make another offer (www.bloomberg.com)
16 days ago

Roblox reports Q1 revenue up 29% YoY to ~$1B, Bookings up 31% YoY to ~$1.2B, above $1.11B est., and DAUs up 26% YoY to 97.8M, above 93.3M est.; RBLX jumps 8%+ (www.bloomberg.com)
16 days ago

Document: a US Army report from April ranks Palantir's new $178M mobile battlefield intelligence-gathering vehicle and trailer among its top-performing programs (www.bloomberg.com)
16 days ago Mobile Intelligence

Uber launches a simpler UI for older adults, offering larger text, easy to find saved destinations, and fewer homescreen buttons; Lyft plans a similar update (www.bloomberg.com)
16 days ago Uber

Experts say China's hacking breakthroughs have become more secretive since laws began requiring researchers to report vulnerabilities to the government first (www.bloomberg.com)
16 days ago China

Google AdSense begins showing ads in conversations with AI chatbots; sources: Google tested the ads with some startups, including AI search apps iAsk and Liner (www.bloomberg.com)
16 days ago Google Startup AI chatbot

A US judge rules Apple violated a 2021 court order to open the App Store to outside payment options, and refers the case for a criminal contempt investigation (www.bloomberg.com)
17 days ago Apple

Qualcomm reports Q2 revenue up 17% YoY to $11B, vs. $10.6B est., handsets revenue up 12%, forecasts Q3 revenue slightly below est.; QCOM drops 5%+ after hours (www.bloomberg.com)
17 days ago

Visa partners with Stripe's Bridge to help fintechs launch their own stablecoin-linked card programs in multiple countries at once, starting in Latin America (www.bloomberg.com)
17 days ago U.S. Latin America

Duolingo launches 148 new language courses developed with generative AI, doubling its offerings for non-English speakers within a year, as it aims for 1B+ users (www.bloomberg.com)
17 days ago AI

US v. Google: Sundar Pichai says the DOJ's proposal to share Google search data with rivals amounts to a “de facto” spinoff of Google's search engine and its IP (www.bloomberg.com)
17 days ago Google

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