Articles from www.bloomberg.com

Articles from www.bloomberg.com

White House Press Secretary Karoline Leavitt says Americans would hold six of the seven board seats for TikTok US and its algorithm would be US-controlled (www.bloomberg.com)
15 days ago U.S. Algorithm

China's market regulator opens a probe into Chengdu Kuaigou, a Kuaishou unit involved in livestream shopping, for suspected violations of e-commerce rules (www.bloomberg.com)
15 days ago China

BitGo's S-1 shows it had net income of $12.6M on revenue of $4.19B in H1 2025, compared with net income of $30.9M on revenue of $1.12B a year earlier (www.bloomberg.com)
16 days ago

Corporate travel and expense management service Navan, formerly known as TripActions, files for a US IPO, reporting a $99.9M net loss on $329.4M revenue in H1 (www.bloomberg.com)
16 days ago IPO

Sources: Oracle is in discussions with Meta to provide computing power for training and deploying AI models, in a deal worth about $20B (www.bloomberg.com)
16 days ago AI Oracle

Neuralink plans a US clinical trial in October to test a brain implant that translates thoughts into text, hoping to put its device in a healthy person by 2030 (www.bloomberg.com)
16 days ago

Meta files an application for authorization “to sell energy, capacity, and certain ancillary services” in the US amid rising energy demand for AI datacenters (www.bloomberg.com)
16 days ago Energy AI

A look at China's brain-computer interface industry as startups like BrainCo grow with state support; CCID says the sector is worth $450M, growing 20% annually (www.bloomberg.com)
16 days ago China Startup

MI6 launched Silent Courier, an online portal hosted on the dark web designed to let potential spies from Russia and elsewhere communicate with UK intelligence (www.bloomberg.com)
17 days ago Russia Intelligence Darknet

Sources: White House weighs more CFTC chair candidates, including government officials focused on crypto policy, as Brian Quintenz's nomination remains stalled (www.bloomberg.com)
17 days ago CFTC

Nvidia plans to invest £2B to support the UK's AI industry in partnership with Accel, Air Street Capital, Balderton Capital, Hoxton Ventures, and Phoenix Court (www.bloomberg.com)
17 days ago AI Nvidia

Netskope closes up 18.37% at $22.49 per share in its Nasdaq debut, giving it a $8.6B market value, after the cybersecurity company raised $908.2M in its IPO (www.bloomberg.com)
17 days ago IPO

The US FTC and seven states sue Live Nation and its Ticketmaster subsidiary for failing to stem the use of bots and large-scale resale operations (www.bloomberg.com)
17 days ago

Sources: Indian digital payments company Pine Labs aims to raise as much as $700M from an IPO in the second half of October, down from an earlier $1B target (www.bloomberg.com)
17 days ago India IPO

Shein launches Xcelerator, a service granting fashion brands access to its fast-fashion manufacturing network in China (www.bloomberg.com)
17 days ago China Manufacturing

Huawei unveils two new SuperPoD products, the Atlas 950 and Atlas 960, the latter linking up to 15,488 Ascend AI chips, as it seeks to challenge Nvidia (www.bloomberg.com)
17 days ago AI Nvidia

Meta unveils Meta Ray-Ban Display, with a screen in the right lens and the Meta Neural Band, a wristband that detects hand gestures, on sale Sept. 30 for $799 (www.bloomberg.com)
18 days ago Ban

Sources: Reddit is in early talks with Google to deepen integration of its content into Google's AI products, beyond its $60M data-sharing deal signed in 2024 (www.bloomberg.com)
18 days ago Google AI Reddit

Lyft partners with Waymo to launch fully autonomous robotaxi rides in Nashville starting in 2026, their first collaboration; LYFT jumps 10% (www.bloomberg.com)
18 days ago

Sources: Jack Ma has returned to Alibaba's campuses after vanishing from the public eye during China's 2020 tech crackdown, influencing Alibaba's pivot to AI (www.bloomberg.com)
18 days ago China Jack Ma Alibaba AI

Groq, which sells AI chips and data-center compute powered by those chips, raised $750M led by Disruptive at a post-money valuation of $6.9B (www.bloomberg.com)
18 days ago AI

The Hang Seng Tech Index, which tracks the top 30 Hong Kong-listed tech stocks, rose ~3.9% to its highest level since November 2021, amid renewed AI enthusiasm (www.bloomberg.com)
18 days ago Hong Kong AI

Chinese state media: Alibaba has secured China Unicom as a major client for its AI chips; earlier reports said Alibaba was supplying tens of thousands of chips (www.bloomberg.com)
18 days ago China Alibaba AI

Indian on-demand home services provider Urban Company surged 56%+ in its stock market debut after raising $215M in India's most oversubscribed major IPO of 2025 (www.bloomberg.com)
18 days ago India IPO

Alibaba, Tencent, and Baidu have raised $5B+ via bonds this month for AI and digital infra; with JD.com, their combined 2025 AI capex is projected to top $32B (www.bloomberg.com)
18 days ago Alibaba AI Tencent

Critics say the Philippine government is prioritizing collecting online casino license fees, projected at ~$1B in 2025, over tackling online gambling addiction (www.bloomberg.com)
19 days ago Philippines

Tencent and Baidu sold $3.3B combined in offshore bonds this year, the most ever for Chinese tech companies, as companies secure cheap financing for AI buildout (www.bloomberg.com)
19 days ago China AI Tencent

Sources: StubHub is pricing its US IPO at $23.50/share after marketing a range of $22-$25, giving it an $8.6B market cap, and will trade under the ticker STUB (www.bloomberg.com)
19 days ago IPO

US tech giants announce £31B+ in UK investments, coinciding with Trump's visit to the nation; OpenAI will bring Stargate to the UK with Nvidia and Nscale (www.bloomberg.com)
19 days ago Trump Nvidia

Dyna Robotics, which is building an AI foundation model for robotics, raised a $120M Series A led by Robostrategy, CRV, and First Round Capital (www.bloomberg.com)
19 days ago AI Robot

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