Articles from www.bloomberg.com

Articles from www.bloomberg.com

The EU's General Court reduces a 2023 EU antitrust fine on Intel to €237.1M, down from €376.36M; the EU fined Intel a record €1.06B in 2009, then overturned (www.bloomberg.com)
2025-12-10 Intel

Australia's under-16 social media ban excludes Discord, GitHub, LEGO Play, Roblox, Steam, Google Classroom, Facebook Messenger, WhatsApp, and YouTube Kids (www.bloomberg.com)
2025-12-10 Australia Google Facebook YouTube WhatsApp Ban GitHub

Cambridge, UK-based Nu Quantum, which builds networking infrastructure to link and scale quantum computers, raised a $60M Series A led by National Grid Partners (www.bloomberg.com)
2025-12-10 Quantum

An interview with Tencent Games Global CEO Michelle Liu, whose hands-on dealmaking approach generated $10B in international gaming revenue over the past year (www.bloomberg.com)
2025-12-10 Interview Tencent

Nintendo's shares slid as much as 4.7% on December 10 to their lowest level since May, amid concerns that rising memory chip prices will erode its profit (www.bloomberg.com)
2025-12-10 Nintendo

Coupang CEO Park Dae-jun resigns after the company incurred South Korea's largest-ever data breach, in which the personal data of 30M+ people was compromised (www.bloomberg.com)
2025-12-10 Korea

Bengaluru-based e-commerce platform Meesho opened up 54% in its stock market debut, giving the company a ~$8.4B market cap after raising ~$603M in its India IPO (www.bloomberg.com)
2025-12-10 India IPO

Boom's move to modify its supersonic engine to power AI data centers is another example of industrial capacity being repurposed to serve the AI supply chain (www.bloomberg.com)
2025-12-10 AI

Source: Trump allowed Nvidia to sell H200s to China after concluding the move carried a lower security risk as Huawei offers systems with comparable performance (www.bloomberg.com)
2025-12-10 Trump China Nvidia

Sources: SpaceX plans an IPO in mid-to-late 2026, seeking to raise far above $30B and targeting a ~$1.5T valuation, potentially making it the largest IPO ever (www.bloomberg.com)
2025-12-10 IPO SpaceX

The US DOD says it has chosen Google's new GenAI.mil platform to help the US military quickly analyze video and imagery, as part of a $200M contract from July (www.bloomberg.com)
2025-12-10 Google

Stripe and Paradigm launch a public trial for their blockchain project Tempo, targeting real-world stablecoin payments, with Kalshi and UBS as new partners (www.bloomberg.com)
2025-12-10 Blockchain

Fal, which hosts generative AI models for developers, raised a $140M Series D led by Sequoia, a source says at a $4.5B valuation, up from $1.5B in July (www.bloomberg.com)
2025-12-10 AI

Satya Nadella says Microsoft plans to spend $17.5B on AI and cloud computing in India over four years, its largest ever Asia investment, after meeting with Modi (www.bloomberg.com)
2025-12-10 India Microsoft Asia AI

South Korean media: police raided Coupang's HQ, searching for evidence related to a historic data breach that compromised 30M+ people's personal information (www.bloomberg.com)
2025-12-9 Korea

Mercedes partners with Chinese software developer Momenta to deploy Level 4 self-driving cars for Lumo Mobility in Abu Dhabi, its first foray into robotaxis (www.bloomberg.com)
2025-12-9 China Autonomous Car

The US DOJ detains two men for allegedly violating export controls by trying to smuggle $160M+ of Nvidia H100 and H200 chips to China; a third man pled guilty (www.bloomberg.com)
2025-12-9 China Nvidia

AI browsers, still far from making legacy browsers obsolete, are forcing web developers to rethink whether they are designing websites for humans or for robots (www.bloomberg.com)
2025-12-9 AI Robot

Reddit is rolling out new safety features globally for all users under 18, ahead of Australia's social media ban for under-16s taking effect on December 10 (www.bloomberg.com)
2025-12-9 Australia Ban Reddit

Italy-based humanoid robotics startup Generative Bionics raised €70M led by CDP Venture Capital, with participation from Tether, AMD Ventures, and others (www.bloomberg.com)
2025-12-9 Italy Startup Robot Venture Capital AMD

Robinhood is set to join Indonesia's retail investment boom after agreeing to acquire local brokerages PT Buana Capital Sekuritas and PT Pedagang Aset Kripto (www.bloomberg.com)
2025-12-9 Retail Indonesia

After rallying early in 2025, Netflix shares have fallen 28% since the end of June amid concerns about its growth outlook and its costly pursuit of WBD (www.bloomberg.com)
2025-12-9 Netflix

Google says it's working to create two different categories of AI-powered smart glasses: one with screens launching in 2026 and another that's audio-focused (www.bloomberg.com)
2025-12-9 Google AI

Internal memo: Johny Srouji, who oversees Apple's chip division, tells staff that “I don't plan on leaving anytime soon” (www.bloomberg.com)
2025-12-9 Apple

Unconventional AI raised a $475M seed led by a16z and Lightspeed at a $4.5B valuation to build a more energy-efficient AI computer, part of an up to $1B round (www.bloomberg.com)
2025-12-9 Energy AI

Sources: Ted Sarandos met with Trump in November, arguing that Netflix wasn't a monopoly; Sarandos agreed with Trump that WBD should sell to the highest bidder (www.bloomberg.com)
2025-12-9 Trump Netflix

President Trump says he will sign “a ONE RULE” EO on AI “this week” and “you can't expect a company to get 50 Approvals every time they want to do something” (www.bloomberg.com)
2025-12-9 Trump AI

An OpenAI survey of 9,000 workers at 100 companies: it saves workers ~40 to 60 minutes per day on average for professional tasks; OpenAI has 1M business clients (www.bloomberg.com)
2025-12-8

Binance receives three licenses from Abu Dhabi's financial regulator, allowing comprehensive operations across its exchange, clearing, and brokerage arms (www.bloomberg.com)
2025-12-8

President Trump says Netflix's planned acquisition of WBD will have “to go through a process”, as it would create an entity with “a lot of market share” (www.bloomberg.com)
2025-12-8 Trump Netflix

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