Articles from www.bloomberg.com

Articles from www.bloomberg.com

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

The Biden administration's big bet on Intel to lead a US chipmaking revival is in trouble as Intel struggles to hit milestones to get CHIPS Act grants and loans (www.bloomberg.com)
2024-9-5 Intel

Filing: Lyft plans to sell some of its bike and scooter business and cut 1% of its employees as it struggles to turn profitable (www.bloomberg.com)
2024-9-4

Sources: the US DOJ sent subpoenas to Nvidia and others, seeking evidence that Nvidia violated antitrust laws by making it harder to switch suppliers and more (www.bloomberg.com)
2024-9-4 Nvidia

Cortex, which sells an internal developer portal for teams making software, raised $60M from Sequoia, Stripe co-founders, and others, at a $470M valuation (www.bloomberg.com)
2024-9-4

Palo Alto Networks says it closed a $500M deal to buy IBM's QRadar cloud security software assets, and plans to migrate customers to Palo Alto's Cortex XSIAM (www.bloomberg.com)
2024-9-4 IBM Asset

Sources: a16z has shut its Miami office in May because staff weren't using it enough; VC funding to Miami-based companies has flagged since 2022's crypto rout (www.bloomberg.com)
2024-9-4

The Biden administration's big bet on Intel to lead a US chipmaking revival is in trouble as Intel struggles to meet milestones for receiving CHIPS Act grants (www.bloomberg.com)
2024-9-4 Intel

Alibaba will let shoppers check out via Tencent's WeChat Pay on its Taobao and Tmall shopping platforms, as Chinese government crackdown on Alibaba ends (www.bloomberg.com)
2024-9-4 China Alibaba WeChat Tencent

Blackstone agrees to acquire Australian data center operator AirTrunk in a deal valuing the company at around $16.1B (www.bloomberg.com)
2024-9-4 Australia

Sources: Sam Altman and other OpenAI execs have been meeting with investors to advance a deal to spend tens of billions to build infrastructure for AI in the US (www.bloomberg.com)
2024-9-4 AI

In an internal letter, Snap CEO tries to rally staff amid a 48% stock price drop this year, says Snap will test new ad formats in the chat inbox and on Snap Map (www.bloomberg.com)
2024-9-4

DOJ says it won't pressure social media companies to remove content about foreign threats to national security or elections, after claims platforms were coerced (www.bloomberg.com)
2024-9-4

Sources: the DOJ sent subpoenas to Nvidia and others, as it seeks evidence that Nvidia violated antitrust laws by making it harder to switch suppliers and more (www.bloomberg.com)
2024-9-4 Nvidia

Coinbase, Brian Armstrong, and their PACs haven't donated to Trump or Harris, instead pursuing a strategy of targeted donations to congressional campaigns (www.bloomberg.com)
2024-9-3 Trump Coinbase

SAP CTO Juergen Mueller says he will leave the company by the end of September because of inappropriate conduct at a past company event (www.bloomberg.com)
2024-9-3

HP says it intends to pursue its $4B damages claim in London against the estate of the recently deceased Mike Lynch; HP won the false accounting case in 2022 (www.bloomberg.com)
2024-9-3 London

Sources: China has threatened Japan with severe economic retaliation if Japan further restricts sales and servicing of chipmaking equipment to Chinese firms (www.bloomberg.com)
2024-9-3 China Japan

A majority of Brazilian judges on a Supreme Court panel vote to confirm an order to ban X in Brazil and fine those who don't comply with it by using a VPN (www.bloomberg.com)
2024-9-3 Ban Brazil VPN

Sources: ByteDance is tapping banks, including Citigroup and JPMorgan, for a $9.5B loan, the biggest dollar-denominated corporate loan in Asia excluding Japan (www.bloomberg.com)
2024-9-2 Japan Asia JPMorgan

OKX says OKX SG received a Major Payment Institution license from the Monetary Authority of Singapore, and appoints former Grab exec Gracie Lin as OKX SG CEO (www.bloomberg.com)
2024-9-2 Monetary Singapore

Sources: China has threatened Japan of severe economic retaliation if Japan further restricts sales and servicing of chipmaking equipment to Chinese firms (www.bloomberg.com)
2024-9-2 China Japan

Previous Page Next Page