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Articles from
www.bloomberg.com
Chainalysis: payments in Singapore using stablecoins reached a record high of almost $1B in Q2, led by transactions at merchant outlets
(
www.bloomberg.com
)
2024-9-11
Singapore
A surge in scams poses a serious image problem for Revolut, which faces more complaints than its large UK rivals about authorized push payment scams
(
www.bloomberg.com
)
2024-9-11
AWS plans to spend £8B in the UK to grow its cloud business, expecting to support up to 14,000 jobs and contribute £14B to the UK GDP between 2024 and 2028
(
www.bloomberg.com
)
2024-9-11
GDP
NYC-based Versana, a two-year-old platform that allows lenders to access data about $2.7T worth of loans, raised $26M from Barclays, Bank of America, and others
(
www.bloomberg.com
)
2024-9-11
U.S.
Glean, which uses AI to offer unified search across apps used at a company, raised $260M+ at a $4.6B valuation, after raising $200M at a $2.2B valuation in Feb.
(
www.bloomberg.com
)
2024-9-11
AI
South Korean police arrest two former Samsung officials on suspicion of stealing tech worth $3.2B+ to build a chipmaking plant in China
(
www.bloomberg.com
)
2024-9-10
China
Korea
Samsung
Google loses its bid to reverse a €2.4B EU fine for abusing its monopoly power to crush rival shopping services, as EU's Court of Justice backs a 2017 decision
(
www.bloomberg.com
)
2024-9-10
Google
Sources: Apple will launch Image Playground and Genmoji as part of iOS 18.2; Sonos cuts its plans to build ~1M Ace headphones units per year to ~100K per year
(
www.bloomberg.com
)
2024-9-10
IOS
Apple
Audible plans to invite some US-based audiobook narrators to train AI on their voices, to clone the voices for recordings through a royalty-sharing model
(
www.bloomberg.com
)
2024-9-9
AI
Sources: Japanese chip startup Rapidus seeks to raise ~$696M from existing and new investors by issuing new shares to finance its chip development efforts
(
www.bloomberg.com
)
2024-9-9
Japan
Startup
Sources: Apple will launch Image Playground and Genmoji in iOS 18.2; Sonos cuts its plans to build ~1M units of Ace headphones per year, to ~100K per year
(
www.bloomberg.com
)
2024-9-9
IOS
Apple
A profile of Texas-based Tyler Tech, which has become a dominant US local government software provider, despite a history of software flaws and release delays
(
www.bloomberg.com
)
2024-9-8
Texas
Hero Games' Daniel Wu reflects on his studio's 20% stake in Game Science, the creator of China's biggest PC game Black Myth: Wukong, which has sold 18M+ copies
(
www.bloomberg.com
)
2024-9-8
China
Character.AI, Aleph Alpha, and other AI startups that raised hundreds of millions are struggling to compete against better-funded rivals and Big Tech companies
(
www.bloomberg.com
)
2024-9-7
Startup
AI
What to expect from Apple's September 9 event: four iPhone 16 models, two AirPods models, Apple Watch Series 10 with a thin body, Apple Intelligence, and more
(
www.bloomberg.com
)
2024-9-7
iPhone
Apple
Intelligence
Source: TSMC achieved production yields at its Arizona facility on par with established plants in Taiwan and plans to start mass production in Arizona in 2025
(
www.bloomberg.com
)
2024-9-7
Taiwan
What to expect from Apple's September 9 event: four iPhone 16 models, two new AirPods, Apple Watch Series 10 with an updated look, Apple Intelligence, and more
(
www.bloomberg.com
)
2024-9-6
iPhone
Apple
Intelligence
Sources: Apple approves a WeChat update for iOS, as talks continue with Tencent to offer IAP and block links to external payment services in mini games
(
www.bloomberg.com
)
2024-9-6
IOS
Apple
WeChat
Tencent
Analysts raise questions over Brazilian digital bank Nubank's rising default rate, even as loans grow 28% YoY; ~60% of all Brazilian adults have Nubank's app
(
www.bloomberg.com
)
2024-9-6
Brazil
Sources: Intel is considering selling part of its 88% stake in Mobileye, and is also exploring options for its Network and Edge enterprise networking division
(
www.bloomberg.com
)
2024-9-6
Intel
FCC filing: Larry Ellison will own 77.5% of Paramount Global parent company National Amusements after his son David completes the purchase of Paramount
(
www.bloomberg.com
)
2024-9-6
The US imposes new export controls on critical tech, including quantum computing and semiconductor goods, aligning the US with Japan, Netherlands, other allies
(
www.bloomberg.com
)
2024-9-6
Japan
Netherlands
Quantum
OpenAI says it now has 1M+ paid users for the corporate versions of ChatGPT, including ChatGPT Team, Enterprise, and Edu
(
www.bloomberg.com
)
2024-9-6
Verizon agrees to buy rival telecom operator Frontier Communications for an enterprise value of $20B; Frontier had a revenue of $5.8B in 2023
(
www.bloomberg.com
)
2024-9-5
Germany-based Aleph Alpha, which raised $500M+ in 2023, is pivoting to focus on helping clients use AI tools, instead of trying to outperform OpenAI and others
(
www.bloomberg.com
)
2024-9-5
Germany
AI
India and Singapore sign a series of deals to ramp up collaboration in semiconductors and digital technologies, including cybersecurity, 5G, AI, and more
(
www.bloomberg.com
)
2024-9-5
India
AI
Singapore
5G
HPE reports Q3 revenue up 10% YoY to $7.71B, vs. $7.66B est., Server revenue up 35% YoY to $4.3B, and adjusted gross margins of 31.8%, vs. 33.4% est.
(
www.bloomberg.com
)
2024-9-5
Nvidia says it has inquired with the US DOJ and hasn't been subpoenaed, following a report that it had received a subpoena from the DOJ over antitrust concerns
(
www.bloomberg.com
)
2024-9-5
Nvidia
Netflix struggles to reduce its productions' carbon footprint, with more emissions in 2022 vs. 2019, partly because it doesn't own any equipment or studio space
(
www.bloomberg.com
)
2024-9-5
Netflix
Ride-hailing company GoTo plans to close its Gojek brand in Vietnam, to focus on reaching profitability in its main operations in Indonesia and Singapore
(
www.bloomberg.com
)
2024-9-5
Singapore
Indonesia
Vietnam
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