Articles from www.bloomberg.com

Articles from www.bloomberg.com

Sources: Arm China picks Chen Feng, an ex-executive at China-based chipmaker Rockchip Electronics, as its CEO; Liu Renchen and Eric Chen will resign as co-CEOs (www.bloomberg.com)
2025-1-29 China

The UK CMA provisionally finds that competition in the cloud services market isn't working for consumers; AWS and Azure each control 40% of the UK market (www.bloomberg.com)
2025-1-29

TechInsights: ChangXin Memory Technologies' DDR5 RAM required advanced manufacturing techniques that haven't previously been seen on the Chinese market (www.bloomberg.com)
2025-1-28 China Manufacturing

DeepSeek highlights some of China's key advantages: a deep pool of skilled software engineers, a vast domestic market, and government support via subsidies (www.bloomberg.com)
2025-1-28 China

DeepSeek says it used Nvidia H800 chips, available in China until October 2023, to train R1, suggesting future models could be hampered by US export controls (www.bloomberg.com)
2025-1-28 China Nvidia

SAP reports Q4 cloud revenue up 27% YoY to €4.71B, above €4.68B est., driven by AI demand, names a suite of new executives, and plans to simplify its strategy (www.bloomberg.com)
2025-1-28 AI 4Q

EU appeals hearing: Google accuses the EC of making “grave errors” in its Android investigation that led to a record €4.3B fine; EU lawyers defended the case (www.bloomberg.com)
2025-1-28 Android Google

Sam Altman says DeepSeek's R1 is an “impressive model, particularly around what they're able to deliver for the price” and OpenAI “will pull up some releases” (www.bloomberg.com)
2025-1-28

When asked if Microsoft is in discussions to purchase TikTok, Donald Trump told reporters “I would say yes” (www.bloomberg.com)
2025-1-28 Trump Microsoft

Trump vows to impose tariffs on foreign semiconductors in the “near future”, calls DeepSeek's AI progress “a positive” and “a wake-up call” for US industries (www.bloomberg.com)
2025-1-28 Trump AI

KuCoin pleads guilty to having an unlicensed money transmitting business, agreeing to ~$300M in fines and forfeitures, in a case brought by US federal attorneys (www.bloomberg.com)
2025-1-28

Sources: some banks led by Morgan Stanley are in talks to sell up to $3B of senior secured debt tied to Twitter's buyout, boosted by a claim to a ~$6B xAI stake (www.bloomberg.com)
2025-1-28 Morgan Stanley Twitter

DeepSeek shows the complete lack of lock-in that any of these chatbots have, and such a powerful model coming from China may cement “AGI” as a national project (www.bloomberg.com)
2025-1-28 China chatbot

Sources: Mukesh Ambani's Reliance is buying Nvidia's AI chips and plans to build a 3GW data center in Jamnagar, India, set to be the world's largest by capacity (www.bloomberg.com)
2025-1-28 India AI Nvidia

DeepSeek's iOS app tops the App Store's Top Free Apps chart in the US, beating ChatGPT, stirring doubts in Silicon Valley about the strength of the US' AI lead (www.bloomberg.com)
2025-1-28 IOS AI

A profile of French health insurer Alan's CEO Jean Charles Samuelian-Werve, a Mistral board member who claims credit for securing most of Mistral's backers (www.bloomberg.com)
2025-1-27 France

Some Japanese stocks drop amid DeepSeek anxiety; Advantest, an Nvidia supplier of testing equipment, drops 7%+; datacenter cable company Fujikura drops 9%+ (www.bloomberg.com)
2025-1-27 Japan Nvidia

Sources: people affiliated with DOGE have met with representatives of various public blockchains as they explore using a blockchain to track federal spending (www.bloomberg.com)
2025-1-26 Blockchain

Trump's EO to protect the dollar bars any further work on a CBDC and aligns the government's interests with those of stablecoin issuers like Tether and Circle (www.bloomberg.com)
2025-1-25 Trump

Source: Lightspeed has invested a total of $2.2B in AI deals, excluding the $2B Anthropic funding round it's leading and is close to raising a $7B fund (www.bloomberg.com)
2025-1-25 AI

Sources: Apple moved Kim Vorrath, a company veteran known for fixing troubled products, to its AI group to help improve Siri and Apple Intelligence (www.bloomberg.com)
2025-1-25 AI Apple Intelligence

On January 31, the EC will question Meta, X, Snap, Google, TikTok, and LinkedIn on their plans to counter disinformation ahead of elections in Germany (www.bloomberg.com)
2025-1-25 Germany Google LinkedIn

Tesla plans a software update for ~1.2M cars in China, around half its fleet in the country, to address power steering and rear-view camera issues (www.bloomberg.com)
2025-1-24 China Tesla

Texas Instruments reports Q4 revenue down 1.7% YoY to $4.01B, net income down 12% YoY to $1.2B, and projects Q1, 2025 sales between $3.74B and $4.06B (www.bloomberg.com)
2025-1-24 4Q Texas

Sources: Mukesh Ambani's Reliance is buying Nvidia's AI chips and plans to build a 3-gigawatt data center in Jamnagar, India, set to be the largest in the world (www.bloomberg.com)
2025-1-24 India AI Nvidia

Sources: Daniel Guarnera, a DOJ lawyer who helped file US antitrust lawsuits against Google and Apple has been picked to lead the FTC's Bureau of Competition (www.bloomberg.com)
2025-1-24 Google Apple

At Davos, Trump blasts EU for targeting Apple, Google, and Meta, describing regulatory cases as “a form of taxation”, and references Apple's €13B Irish tax bill (www.bloomberg.com)
2025-1-24 Trump Google Tax Apple Davos

Changpeng Zhao announces that Binance's VC arm Binance Labs, which oversees about $10B of crypto-related assets, will become a family office called YZi Labs (www.bloomberg.com)
2025-1-24 Asset

ByteDance board member Bill Ford says ByteDance is exploring alternatives to selling TikTok US, including a change of control to comply with US legislation (www.bloomberg.com)
2025-1-24 Ford

France says David Balland, co-founder of French crypto wallet startup Ledger, was kidnapped on January 21 and freed on January 22 after a police operation (www.bloomberg.com)
2025-1-23 France Startup

Previous Page Next Page