Articles from www.bloomberg.com

Articles from www.bloomberg.com

A German court rules that Nokia Oyj can stop Amazon from selling Fire TV Sticks in Germany after Amazon lost a patent case; Nokia hasn't enforced the injunction (www.bloomberg.com)
2024-9-20 Germany Amazon Nokia

Constellation Energy plans to invest $1.6B to revive the Three Mile Island nuclear plant in Pennsylvania and sell all the output to Microsoft data centers (www.bloomberg.com)
2024-9-20 Microsoft Energy

French digital health insurance startup Alan raised €173M led by Belgian bank Belfius Bank at a €4B valuation, bringing its total raised since 2021 to €500M+ (www.bloomberg.com)
2024-9-20 France Startup Insurance Belgium

Nvidia partners with Abu Dhabi-based G42 to create a climate tech lab and develop AI to improve weather forecasting accuracy using Nvidia's Earth-2 platform (www.bloomberg.com)
2024-9-20 AI Climate Nvidia

Sources: OpenAI's $6.5B funding round, which nears completion as the company decides on backers, is oversubscribed with excess demand in the billions of dollars (www.bloomberg.com)
2024-9-20

Datamaran, which offers an analytics platform for clients to monitor adherence to ESG regulations, raised a $33M Series C from Morgan Stanley funds (www.bloomberg.com)
2024-9-20 Morgan Stanley

Sources: server CPU designer Ampere is exploring a potential sale; Ampere was reportedly valued at $8B in a proposed minority investment in 2021 (www.bloomberg.com)
2024-9-20

Brazil's Supreme Court orders X to reimpose a block or face a $920K daily fine after a software update made X accessible; X says the restoration was inadvertent (www.bloomberg.com)
2024-9-20 Brazil

Putin's administration resumed posting to YouTube in the past two weeks for the first time in six months, even as the Kremlin blocks YouTube in Russia (www.bloomberg.com)
2024-9-19 Russia YouTube

The estates of dead celebrities like Laurence Olivier and James Dean partnered with ElevenLabs on its “iconic voices” project, making millions after their death (www.bloomberg.com)
2024-9-19

Source: EU regulators are set to announce that Apple must step into line with strict new rules on making OSes fully functional with other tech under the DMA (www.bloomberg.com)
2024-9-19 Apple

Microsoft teams up with Anduril Industries to improve the performance of Integrated Visual Augmentation System or IVAS, new combat goggles for the US Army (www.bloomberg.com)
2024-9-19 Microsoft

Sources: the hackers behind the February data breach of drug distributor Cencora received a record ransom of $75M through three bitcoin installments in March (www.bloomberg.com)
2024-9-19 Bitcoin

TechInsights: China's YMTC upgraded its “Xtacking” tech, which stacks memory cells in layers, to rival NAND industry leaders, but significant challenges remain (www.bloomberg.com)
2024-9-18 China

India, which has set aside $11B for its semiconductor mission, is obsessing over self-reliance instead of focusing on areas that can be scaled up quickly (www.bloomberg.com)
2024-9-18 India

Lenovo says the company has started building AI servers in Pondicherry in southeastern India, moving beyond products such as laptops and smartphones (www.bloomberg.com)
2024-9-18 India AI Lenovo

GoTo signs a five-year cloud infrastructure deal with Alibaba, which has agreed to not sell down its 7.5% stake in GoTo any further for the duration of the deal (www.bloomberg.com)
2024-9-18 Alibaba

California Gov. Gavin Newsom says he is concerned about the potential “chilling effect” of AI safety bill SB 1047, which awaits his signature, on AI development (www.bloomberg.com)
2024-9-18 AI California

The Pentagon will award $269M to 33 chip research projects across the US via Chips Act funding to bolster semiconductor efforts for the military (www.bloomberg.com)
2024-9-18 Pentagon

Pew survey: 17% of US adults say they regularly get news on TikTok in 2024, up from 14% in 2023 and 3% in 2020; 39% aged 18 to 29 do so, up from 32% a year ago (www.bloomberg.com)
2024-9-18

The EU picks veteran Finnish lawmaker Henna Virkkunen to take over from Thierry Breton, pending her confirmation; Virkkunen was central in creating the DSA (www.bloomberg.com)
2024-9-18 Finland

Uber says it plans to start checking US passengers' account info against third-party ID verification databases; drivers will be able to see a user's blue badge (www.bloomberg.com)
2024-9-18 Uber

Wintermute partners with Chaos Labs to launch a crypto-based betting site focused on the US presidential election; Polymarket has ~$1B in wagers on that contest (www.bloomberg.com)
2024-9-18

A look at Shenzhen-based Transsion, whose Infinix and Tecno command about 50% of Africa's smartphone market and are finding success in Asia and the Middle East (www.bloomberg.com)
2024-9-17 Asia Africa Shenzhen

Microsoft unveils a $60B stock buyback program, matching its largest-ever repurchase authorization, and raises its quarterly dividend by 10% to $0.83 per share (www.bloomberg.com)
2024-9-17 Microsoft

Intel announces it will coinvest with AWS in a custom AI chip in a “multiyear, multibillion-dollar framework” and is delaying plants in Germany and Poland (www.bloomberg.com)
2024-9-17 Germany Intel AI Poland

Microsoft debuts new AI coding tools in Excel, adds email prioritization Outlook features, and says Copilot's customer base grew 60%+ in the most recent quarter (www.bloomberg.com)
2024-9-17 Microsoft AI

China advises state-linked orgs to use a new lithography machine with a resolution of 65nm or better, signaling an improvement in its home-developed DUV tech (www.bloomberg.com)
2024-9-16 China

Groq and Aramco plan to build a Saudi Arabia data center by the end of 2024; Groq says it will be the world's largest AI inferencing center with 19K Groq GPUs (www.bloomberg.com)
2024-9-16 AI Arabia Saudi Arabia

Research based on the US Census Bureau's data from 2008 to 2021 suggests online dating may be partially to blame for a rise in income inequality in recent times (www.bloomberg.com)
2024-9-16

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