Articles from www.bloomberg.com

Articles from www.bloomberg.com

Walmart's Flipkart says about 200M Indian users engaged with social videos and livestreams promoting products on the platform in H1 2025, up from 75M a year ago (www.bloomberg.com)
2025-6-29 India Walmart

Atlantic Council: US cyber power is hampered by an inefficient supply chain for zero days, with too few providers and “levels of middlemen” driving up costs (www.bloomberg.com)
2025-6-28

Sources: Big Fund III, China's main chip fund that has secured only a part of its $48B goal, plans to focus on key shortcomings in lithography and EDA software (www.bloomberg.com)
2025-6-28 China

EQT agrees to sell Japanese automotive electronics manufacturer Pioneer for $1.1B to CarUX, a unit of Taiwan-listed Innolux specializing in smart cockpit tech (www.bloomberg.com)
2025-6-28 Japan Taiwan

Canada orders Chinese video surveillance tech provider Hikvision to cease all operations and close its business in the country over national security concerns (www.bloomberg.com)
2025-6-28 China Canada

Trump's tax bill expands Qualified Small Business Stock benefits for VCs, founders, startup staff, including increasing maximum tax-free gains from $10M to $15M (www.bloomberg.com)
2025-6-28 Trump Tax Startup

Alibaba unveils text-to-image and image-to-image generation model Qwen VLo, with progressive generation tech, which shows the image creation process (www.bloomberg.com)
2025-6-28 Alibaba

Battery recycler Redwood Materials and Project Stargate member Crusoe launch a 2,000-GPU data center in Nevada powered by repurposed EV batteries (www.bloomberg.com)
2025-6-27 Battery

Palantir signs a deal with The Nuclear Company under which the startup will pay Palantir $100M over five years to develop AI software for the nuclear industry (www.bloomberg.com)
2025-6-27 Startup AI

Sources: UK mobile bank Starling is looking to buy a nationally chartered bank with ~$2B of assets in the US as it seeks to expand in the country (www.bloomberg.com)
2025-6-27 Mobile Asset

Sources: Senate Parliamentarian raised concerns that the tax bill's ban on states from enforcing AI regulations may violate Senate rules, advising a rewrite (www.bloomberg.com)
2025-6-27 Tax AI Ban Senate

Sources: Meta is in advanced talks to buy PlayAI, which uses AI to replicate voices for interfaces that are as “responsive as a conversation between two people” (www.bloomberg.com)
2025-6-27 AI

UAE-based Aqua 1 Foundation buys $100M worth of tokens from Trump's World Liberty Financial, becoming its largest individual investor ahead of Justin Sun (www.bloomberg.com)
2025-6-27 Trump

Marc Benioff says “AI is doing 30% to 50% of the work at Salesforce now”, including software engineering and customer service (www.bloomberg.com)
2025-6-26 AI Salesforce

Indonesia changes rules to require e-commerce platforms like TikTok Shop to withhold income tax from sellers, instead of asking sellers to pay the government (www.bloomberg.com)
2025-6-26 Tax Indonesia

EU competition chief Teresa Ribera rejects claims DMA enforcement could be traded to avoid Trump's tariffs, and urges mutual respect for each side's regulations (www.bloomberg.com)
2025-6-26 Trump

Amazon launches at-home diagnostic services in six Indian cities in partnership with Orange Health Labs, marking its entry into India's diagnostics market (www.bloomberg.com)
2025-6-26 India Amazon

US prosecutors charge Kai West, who is known as IntelBroker and was arrested in February in France, with conspiring to steal data from dozens of companies (www.bloomberg.com)
2025-6-26 France

Micron reports Q3 revenue up 37% YoY to $9.3B, vs. $8.85B est., forecasts Q4 revenue above estimates, and says it's on track for record revenue this fiscal year (www.bloomberg.com)
2025-6-26 4Q

Sources: Kalshi is raising $100M+ led by Paradigm at a $1B+ valuation; Polymarket is completing a $200M+ investment led by Founders Fund at a ~$1B valuation (www.bloomberg.com)
2025-6-26

Satellite company Maxar launches Sentry, an AI service that autonomously guides satellites to monitor cities, ports, and other sites for unusual activity (www.bloomberg.com)
2025-6-25 AI

French payments group Worldline's stock drops 20%+ after European journalism network EIC reports alleging that the company covered up customer fraud (www.bloomberg.com)
2025-6-25 France Europe

Xbow, whose AI tool automates penetration testing and topped HackerOne's US leaderboard for finding and reporting software bugs, raised a $75M Series B (www.bloomberg.com)
2025-6-25 AI

Sources: Walmart has opened a “dark store” warehouse in Dallas and plans to add another in Bentonville, Arkansas, as it tests ways to speed up online deliveries (www.bloomberg.com)
2025-6-25 Walmart

Demand is growing for expensive personalized dating services that vet members before first dates; Tinder's paid users have fallen for two years amid app fatigue (www.bloomberg.com)
2025-6-25

Sources: Microsoft is planning a round of Xbox layoffs next week, with managers expecting substantial cuts, the fourth big layoff at Xbox in the past 18 months (www.bloomberg.com)
2025-6-24 Microsoft Layoffs Xbox

Interviews with 24+ Microsoft customers and salespeople show that Microsoft is struggling to sell Copilot to enterprises as many of their employees want ChatGPT (www.bloomberg.com)
2025-6-24 Microsoft

Interviews with 24+ Microsoft customers, salespeople, and others show that Microsoft is struggling to sell Copilot AI as enterprise customers opt for ChatGPT (www.bloomberg.com)
2025-6-24 Microsoft AI

Amazon says it plans to invest £40B in the UK economy over the next three years, including opening four new warehouses; Amazon invested £12B+ in the UK in 2023 (www.bloomberg.com)
2025-6-24 Amazon

Samsung schedules its next Galaxy Unpacked event for July 9 at 10am ET in Brooklyn, where AI updates, the Galaxy Z Fold 7, and Galaxy Z Flip 7 are expected (www.bloomberg.com)
2025-6-24 Samsung AI

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