Articles from www.bloomberg.com

Articles from www.bloomberg.com

ASML, Mistral, SAP, and 110+ European companies urge the EU to delay the implementation of its AI Act, saying it puts the bloc's AI ambitions at risk (www.bloomberg.com)
2025-7-3 Europe AI

Bitcoin's implied volatility declined to the lowest level in two years, showing decreased price swings and trading between $93K to $111K in the past two months (www.bloomberg.com)
2025-7-3 Bitcoin

Uber drivers in British Columbia joined a union, seeking to negotiate Canada's first bargaining agreement for rideshare drivers; Uber has agreed to meet (www.bloomberg.com)
2025-7-3 U.K. Uber Canada

Baidu overhauls its search engine with AI features and a voice function in its most sweeping revamp in years, and rolls out its first image-to-video model (www.bloomberg.com)
2025-7-3 AI

Siemens says it has restored full access to its chip design software for its Chinese clients after the Trump admin lifted export curbs, initially imposed in May (www.bloomberg.com)
2025-7-3 Trump China Siemens

Sources: OpenAI will rent additional computing power from Oracle, totaling about 4.5 gigawatts of US data center power, as part of its Stargate initiative (www.bloomberg.com)
2025-7-3 Oracle

Analysis: crypto ventures have added at least $620M to President Trump's fortune in months, overshadowing traditional real estate licensing deals (www.bloomberg.com)
2025-7-3 Trump

TikTok lays off workers from the US division of TikTok Shop, the third round of layoffs for the team since April, after a year of missing internal sales targets (www.bloomberg.com)
2025-7-3 Layoffs

Sources: Apple supplier Luxshare is working with Goldman Sachs and others on a Hong Kong IPO that could happen as soon as this year, aiming to raise over $1B (www.bloomberg.com)
2025-7-2 Hong Kong IPO Apple Goldman

Sources: Foxconn recalled 300+ Chinese engineers from its Indian iPhone factories over the past two months, a blow for Apple as it ramps up iPhone 17 production (www.bloomberg.com)
2025-7-2 China India iPhone Apple

Internal emails and audit reports warn that the Schengen Information System II, used by EU border forces, is rife with software and security vulnerabilities (www.bloomberg.com)
2025-7-2

Internal emails and audits warn the Schengen Information System II, the system used by EU border forces, is rife with software and security vulnerabilities (www.bloomberg.com)
2025-7-2

Google ends its Recipe Quick View pilot, which showed full recipes directly in search results, after some bloggers feared it would reduce traffic to their sites (www.bloomberg.com)
2025-7-2 Google

Nothing unveils the $799 Phone 3, with a 6.7" AMOLED display, Snapdragon 8s Gen 4 chip, three 50MP rear cameras, and the $299 Headphone 1, both shipping July 15 (www.bloomberg.com)
2025-7-2

X will start to publish Community Notes written by AI agents; developers will soon be able to submit their own “fact-checking” AI agents for review (www.bloomberg.com)
2025-7-2 AI

CoinMarketCap: bitcoin's share of crypto market value grew to 64% this year, highest since January 2021, and altcoins lost $300B+, as big investors flock to BTC (www.bloomberg.com)
2025-7-2 Bitcoin

The Senate votes 99-1 to remove a Trump tax bill provision that would have barred states from regulating AI if they got funding from a $500M broadband program (www.bloomberg.com)
2025-7-1 Trump Tax AI Senate

Investigation: three US Treasury hacks in the past five years were due to a failure to deploy basic security measures, as DOGE cuts further weaken the agency (www.bloomberg.com)
2025-7-1

US chipmaker Wolfspeed files for Chapter 11 to enact a creditor-backed plan to slash $4.6B in debt; it expects to emerge out of bankruptcy by the end of Q3 (www.bloomberg.com)
2025-7-1

Mexico City-based digital bank Klar raised a $190M Series C led by General Atlantic, including $170M in equity and $20M in debt, valuing the company at $800M+ (www.bloomberg.com)
2025-7-1 Mexico Equity

X hires Nikita Bier, the serial entrepreneur who was behind polling startup TBH and teen-focused social network Gas, as its new head of product (www.bloomberg.com)
2025-7-1 Startup Entrepreneur

Sources: Mike Rockwell and Craig Federighi have led efforts to assess external models to power Siri; after testing, Anthropic's tech seemed most promising (www.bloomberg.com)
2025-7-1

In a memo, Mark Zuckerberg announces Meta Superintelligence Labs and 11 new hires; Nat Friedman “will partner with Alexandr Wang” to lead the new group (www.bloomberg.com)
2025-7-1 Zuckerberg

Source: Nintendo pulled its products from Amazon's US site after noticing third-party merchants were selling games in the US at prices below Nintendo's rates (www.bloomberg.com)
2025-6-30 Amazon Nintendo

Bank of Korea temporarily halts preparations for the second phase of its pilot initiative testing program for a central bank digital currency, scheduled for Q4 (www.bloomberg.com)
2025-6-30 Korea Central Bank 4Q

PitchBook: Australian startups raised $3.4B in 2024, down from 2021's $6.5B peak; 39% of early-stage capital in Australia came from overseas vs. 21% in the US (www.bloomberg.com)
2025-6-30 Australia Startup

GOP Senators agree to change a provision in the tax bill from a 10-year ban on state AI regulation to a 5-year ban with carve outs for issues such as copyrights (www.bloomberg.com)
2025-6-30 Tax AI Ban Republican

China's tech giants are ramping up M&A and investment deals as the government shifts its stance to support the tech industry, particularly in areas like AI (www.bloomberg.com)
2025-6-30 China AI

Call center agents in Australia, Canada, Greece, and the US say they've been repeatedly mistaken for AI, as the industry rapidly integrates AI alongside humans (www.bloomberg.com)
2025-6-30 Australia AI Canada Greece

A look at efforts by Coinbase, Kraken, Robinhood, and other crypto companies to tokenize stocks amid regulatory hurdles and questions about product demand (www.bloomberg.com)
2025-6-29 Coinbase

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