Articles from www.bloomberg.com

Articles from www.bloomberg.com

Sources: ByteDance has secured a $29.6B loan in Asia's second-largest USD-denominated borrowing this year, behind SoftBank's $40B bridge loan signed in March (www.bloomberg.com)
2026-9-3 Asia

Sources: Thoma Bravo-backed Proofpoint is in talks to acquire cybersecurity company Varonis; Varonis rose 10.4% on Wednesday, giving it a market value of ~$5.4B (www.bloomberg.com)
2026-9-3

HPE reports Q3 revenue up 34% YoY to $12.2B, vs. $11.9B est., forecasts FY 2026 and FY 2027 sales growth above est., signs a $3.5B server deal with a cloud firm (www.bloomberg.com)
2026-9-3

Uber is shutting down services in Nigeria and Uganda from September 2 after a global review of its operations; it launched in Nigeria in 2014 and Uganda in 2016 (www.bloomberg.com)
2026-9-3 Uber Nigeria Uganda

A US federal judge rules that Google does not have to sell off its ad exchange and instead must make its ad tech tools work with those operated by rivals (www.bloomberg.com)
2026-9-3 Google

Memo: Uber is cutting ~3,300 jobs, or 10% of its staff globally, to reduce management layers and reallocate spending into ride-sharing, delivery, and robotaxis (www.bloomberg.com)
2026-9-2 Uber

Robotics and AI startup Lyte, founded by ex-Face ID engineers, raised $165M led by Maverick Silicon at a $1.6B valuation, taking its total funding to $272M (www.bloomberg.com)
2026-9-2 Startup AI Robot Face ID

A look at Kioxia's expansion in Japan's Kitakami, which helped stall the city's demographic decline and is a test of Japan's $640B AI and chips investment plan (www.bloomberg.com)
2026-9-2 Japan AI

Sources: Cognition is raising around $1B at a ~$47B valuation, up from $26B in May; Cognition received nearly $10B in investor interest (www.bloomberg.com)
2026-9-2

IPO filing: SB Energy says it has 8.8GW of data center capacity contracted or under construction across Texas and Ohio and a $430B data center segment backlog (www.bloomberg.com)
2026-9-2 IPO Energy Texas

Filing: Apple says John Ternus will get a compensation package worth ~$58M in FY 2027, while Tim Cook's role as executive chairman will pay ~$47M (www.bloomberg.com)
2026-9-2 Apple Tim Cook

Apple updates Apple Maps to show Lake America for US users, Lake Ontario for Canadian users, and both for the rest of the world, following Trump's EO (www.bloomberg.com)
2026-9-2 Trump U.S. Apple Canada

Anthropic says Fable 5.1 will cost an estimated 25% less than Fable 5 for typical workloads and up to 45% less for highly agentic work (www.bloomberg.com)
2026-9-2

PE firm Epiris agrees to buy European enterprise communications provider Gamma Communications for about £1B, a 53% premium to Gamma's share price on April 7 (www.bloomberg.com)
2026-9-2 Europe

Sonos opens its platform to third-party AI assistants, upgrades Sonos 27voice assistant with an in-house LLM, and plans to let users create their own AI agents (www.bloomberg.com)
2026-9-2 AI

Memo: Savvy Games Group CEO Brian Ward, who oversaw the Saudi Arabian government's $38B investment in the video game industry since 2021, is stepping down (www.bloomberg.com)
2026-9-1 Saudi Arabia

Roku unveils its first self-branded OLED smart TVs, starting at $999 for 55" and 65" 120Hz models and $1,299 for 144Hz models, sold exclusively via Amazon (www.bloomberg.com)
2026-9-1 Amazon

Sources: Salesforce is leading a $160M+ raise for HR software company HiBob at a $3.2B+ valuation, up from $2.66B in 2023; HiBob has raised $700M+ since 2015 (www.bloomberg.com)
2026-9-1 Salesforce

Dyson unveils the $499 CameraJet, an AI-powered toothbrush with a 100K-pixel macro lens that scans at 28 images per second and is trained on nearly 470K images (www.bloomberg.com)
2026-9-1 AI

Tim Cook took Apple's market cap from under $350B in 2011 to $4.6T today, a 2,736% total return, and annual revenue from $157B in FY 2012 to ~$477B in FY 2026 (www.bloomberg.com)
2026-9-1 Apple Tim Cook

Sources: Polymarket will raise $1B led by 1789 Capital at a $21B post-money valuation; Donald Trump Jr. is a partner at 1789 and adviser to Polymarket (www.bloomberg.com)
2026-9-1 Trump

Sources: Hyperliquid is in talks to enter the US market through Kraken parent Payward, weeks after Trump said he was working to bring the platform onshore (www.bloomberg.com)
2026-9-1 Trump

Sources: Phil Schiller stepped down from his role leading the App Store and product events; he will remain at Apple to work on unspecified initiatives (www.bloomberg.com)
2026-9-1 Apple

Nvidia plans to invest $3.5B into MediaTek through convertible bonds; MediaTek forecasts AI chip revenue of about $2B this year (www.bloomberg.com)
2026-8-31 AI Nvidia

Filing: Tencent-backed AI chipmaker Enflame prices its Shanghai IPO at ~$21 per share, aiming to sell 43M shares and raise ~$911M (www.bloomberg.com)
2026-8-31 IPO AI Tencent Shanghai

Huawei reports H1 2026 revenue up 10% YoY to ~$69.57B, with net income down 36% to $3.54B; it is now the top smartphone brand in China with a 20%+ market share (www.bloomberg.com)
2026-8-31 China

Z.ai reports H1 2026 revenue up 400% to ~$142M, below its $200M projection; Z.ai's market value surged 800% since its January listing, peaking at $137B (www.bloomberg.com)
2026-8-31 AI

The EU designates ChatGPT, Reddit, and Roblox as very large online platforms after each hit 45M monthly users in the bloc, opening them up to more DSA scrutiny (www.bloomberg.com)
2026-8-31 Reddit

Shein raised $1.7B in its Hong Kong IPO, giving it a $26B market cap, far below its ~$100B valuation in 2022, as growth slows amid tariffs and competition (www.bloomberg.com)
2026-8-31 Hong Kong IPO

The challenges John Ternus inherits as he replaces Tim Cook on Sept. 1 amid rising component costs, staff retention issues, efforts to catch up in AI, and more (www.bloomberg.com)
2026-8-31 AI Tim Cook

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