Articles from www.bloomberg.com

Articles from www.bloomberg.com

Japan plans to expand export controls on advanced chips, lithography equipment, and cryocoolers for quantum computers, with new rules taking effect by late May (www.bloomberg.com)
2025-2-2 Japan Quantum

Instagram and Facebook, which blocked news links in Canada, are hosting hundreds of scam ads pretending to be from news outlets ahead of Canadian elections (www.bloomberg.com)
2025-2-1 Facebook Instagram Canada

Appfigures: DeepSeek has topped the list of the most downloaded mobile apps across 140 markets, with India accounting for 15.6% of all downloads since launch (www.bloomberg.com)
2025-2-1 India Mobile

Docs: Amazon will spend $16B to build two Mississippi data center campuses, up from $10B it announced a year ago, underscoring rising AI infrastructure costs (www.bloomberg.com)
2025-2-1 Amazon AI

Sources: Apple canceled a project to build AR glasses that would pair with the Mac; the company is still working on successors to the Vision Pro (www.bloomberg.com)
2025-2-1 Apple AR

Kraken says its revenue hit $1.5B in 2024, up from $671M in 2023, and it finished the year with 2.6M funded accounts, with $42.8B in assets held on the platform (www.bloomberg.com)
2025-2-1 Asset

Sources: STMicroelectronics is considering reducing its workforce by about 6%, or up to 3,000 jobs, through early retirements and attrition, amid a chip slump (www.bloomberg.com)
2025-2-1

Sources: US officials are investigating whether DeepSeek bought advanced Nvidia chips from third parties in Singapore, circumventing US restrictions on AI chips (www.bloomberg.com)
2025-1-31 AI Singapore Nvidia

Sources: Samsung's 8-layer HBM3E was cleared by Nvidia in December for use in Nvidia's less powerful AI processors tailored for the Chinese market (www.bloomberg.com)
2025-1-31 China Samsung AI Nvidia

PitchBook: a spike in stock-market volatility due to DeepSeek may further complicate hopes for a rebound in venture-backed IPOs in 2025 (www.bloomberg.com)
2025-1-31 IPO

Sources: bankers trying to offload ~$3B in X debt claim X had $1.2B in adjusted EBITDA in 2024, roughly flat from before Elon Musk's buyout, a sign of recovery (www.bloomberg.com)
2025-1-31 Elon Musk

The US DOJ sues to block HPE's $14B acquisition of Juniper Networks, arguing the deal would harm competition in the enterprise wireless equipment (www.bloomberg.com)
2025-1-31

Documents: in the Biden administration's final days, the FTC sent info demands to Uber and Lyft, as it probes whether they coordinated to limit NYC driver pay (www.bloomberg.com)
2025-1-31 Uber

Cybersecurity firms Netskope and Armis say “hundreds” of companies and government agencies globally are moving to block DeepSeek due to data leak concerns (www.bloomberg.com)
2025-1-31

Sam Altman briefed US policymakers on the need to invest heavily in physical infrastructure with Stargate to support AI development, citing the rise of DeepSeek (www.bloomberg.com)
2025-1-31 AI

Court filing: Elon Musk, seeking to dismiss Don Lemon's lawsuit, blames an “invasive and charged interview” for canceling Lemon's $1.5M partnership with X (www.bloomberg.com)
2025-1-30 Interview Elon Musk

A look at FathomVerse, a mobile game that helps scientists identify deep sea creatures by using players' contributions to train AI for underwater robots (www.bloomberg.com)
2025-1-30 Mobile AI Robot

During his confirmation hearing for Secretary of Commerce, Howard Lutnick called the CHIPS Act an “excellent down payment” but pledged to review binding awards (www.bloomberg.com)
2025-1-30

Employer.com founder Jesse Tinsley says his US investor group vying to buy TikTok has secured $20B+ and recruited the CEOs of Roblox and Anchorage as investors (www.bloomberg.com)
2025-1-30

A look at Huawei's HarmonyOS Next, a China-only OS decoupled from Android that is still missing many third-party apps and features, and feels far from complete (www.bloomberg.com)
2025-1-30 Android China

IBM reports Q4 revenue up 1% YoY to $17.6B, vs. $17.5B est., bookings for AI consulting and software crossed $5B, up from $3B in Q3; IBM jumps 8%+ after hours (www.bloomberg.com)
2025-1-30 IBM AI 4Q

Sources: the Trump administration is exploring additional curbs on the sale of chips to China to cover Nvidia's scaled-down H20, designed for the Chinese market (www.bloomberg.com)
2025-1-30 Trump China Nvidia

Sources: Apple has been working with SpaceX and T-Mobile to add Starlink support from iOS 18.3; T-Mobile is testing it with some users, exclusively for texting (www.bloomberg.com)
2025-1-30 IOS Mobile Apple SpaceX

Appfigures: ChatGPT's app has grossed $529M since its May 2023 release, around 4x the second-highest earner, as AI app spending grew ~4x YoY to $1.4B in 2024 (www.bloomberg.com)
2025-1-29 AI

The UK National Audit Office says the government was operating at least 228 “legacy” computer systems as of March 2024, increasing the risk of a disruptive hack (www.bloomberg.com)
2025-1-29

A look at Huawei's HarmonyOS Next, a China-only OS decoupled from Android that is still missing many third-party apps, despite supporting some key ones in China (www.bloomberg.com)
2025-1-29 Android China

Crypto risk modeling firm Gauntlet estimates the $TRUMP memecoin has generated at least $11.4M in fees for entities linked to President Trump since its launch (www.bloomberg.com)
2025-1-29 Trump

Sources: Microsoft and OpenAI are investigating whether data output from OpenAI's API was obtained in an unauthorized manner by a group linked to DeepSeek (www.bloomberg.com)
2025-1-29 Microsoft

Sources: Apple has been working with SpaceX and T-Mobile to add Starlink support in iOS 18.3; T-Mobile is testing with some users, only for texting initially (www.bloomberg.com)
2025-1-29 IOS Mobile Apple SpaceX

David Sacks says there's “substantial evidence” that DeepSeek “distilled knowledge out of OpenAI models and I don't think OpenAI is very happy about this” (www.bloomberg.com)
2025-1-29

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