Articles from www.bloomberg.com

Articles from www.bloomberg.com

DeepSeek says its R1 update can perform mathematics, programming, and general logic better than the previous version, and comes close to o3 and Gemini 2.5 Pro (www.bloomberg.com)
2025-5-29 Mathematics programming

Beijing-based Kuaishou updates its Kling video-generation tool to cut the cost and time to create clips, and says it can generate 1080p videos in under a minute (www.bloomberg.com)
2025-5-29

Nvidia CEO Jensen Huang says Chinese AI rivals are filling the void left by US companies leaving China and Huawei has become “quite formidable” (www.bloomberg.com)
2025-5-29 China AI Nvidia

Source: Victoria's Secret stops some office operations and tells staff to avoid using its tech amid a “security incident” that also disrupted its website (www.bloomberg.com)
2025-5-29

A profile of FPT, Vietnam's largest listed tech company, which is playing a crucial role in the country's ambition to compete with regional rivals in AI (www.bloomberg.com)
2025-5-29 AI Vietnam

A look at YouTube's changes to become viewers' preferred TV service and to appeal more to advertisers, and at creators' push into sitcoms, like Alan's Universe (www.bloomberg.com)
2025-5-29 YouTube

Source: Tesla is poised to begin its long-awaited robotaxi service in Austin on June 12 (www.bloomberg.com)
2025-5-29 Tesla

India asks e-commerce platforms and retailers to remove “dark patterns” or deceptive actions that manipulate customers into making unintended purchases (www.bloomberg.com)
2025-5-29 India

Sources: Apple's next operating systems will be called iOS 26, macOS 26, watchOS 26, and more, as it plans a rebrand with numbers based on the upcoming year (www.bloomberg.com)
2025-5-29 IOS Apple

Anthropic appoints Netflix co-founder and Chairman Reed Hastings to its board of directors, as the company balances growth with its stated focus on safety (www.bloomberg.com)
2025-5-29 Netflix

Bell Canada plans to invest hundreds of millions to build data centers in six Canadian cities; the first, set to launch in June, has Groq as an anchor tenant (www.bloomberg.com)
2025-5-29 Canada

DeepSeek completes a “minor trial upgrade” to R1 and says users can now start testing it, according to its post in an official WeChat group (www.bloomberg.com)
2025-5-28 WeChat

A look at Sea-Lion, a $52M Singapore government-backed AI initiative developing LLMs attuned to the societal and cultural nuances of the Southeast Asian region (www.bloomberg.com)
2025-5-28 AI Singapore Southeast Asia

A recent surge in high-profile cyberattacks is boosting cyber insurers' prospects, with global premium volume expected to hit ~$30B by 2030, growing at 10% YoY (www.bloomberg.com)
2025-5-28

Circle aims to raise up to $624M in its US IPO, offering 24M shares at $24-$26 each, valuing it at ~$5.65B, or ~$6.7B fully diluted, at the top of the range (www.bloomberg.com)
2025-5-28 IPO

Sources: Apple plans a dedicated app for video games to replace Game Center and come preinstalled on iPhone, iPad, Mac, and Apple TV devices later this year (www.bloomberg.com)
2025-5-28 iPhone Apple iPad

Texas enacts an online child-safety bill requiring app stores verify users' ages and secure parental approval before minors can get most apps or make IAPs (www.bloomberg.com)
2025-5-28 Texas

A Qualcomm-funded report says Android phones with Qualcomm modems priced similarly to the iPhone 16e with a C1 modem downloaded 5G data up to 35% faster in NYC (www.bloomberg.com)
2025-5-28 Android iPhone 5G

Trump Media & Technology Group plans to sell ~$1.5B in stock and $1B in 0% convertible notes to buy bitcoin for its treasury, following Strategy's model (www.bloomberg.com)
2025-5-28 Trump Bitcoin

Salesforce agrees to acquire cloud data management company Informatica for ~$8B, set to close in its FY 2027, one year after an earlier deal fell through (www.bloomberg.com)
2025-5-27 Salesforce

Temu-owner PDD reports Q1 revenue up 10% YoY to ~$13.3B, below ~$14.4B est., and says it is fulfilling US orders exclusively via local warehouses and merchants (www.bloomberg.com)
2025-5-27

Xiaomi reports Q1 revenue up ~50% YoY to ~$15.5B, above ~$15.17B est., as it invests heavily in autonomous EVs and growing its smartphone business (www.bloomberg.com)
2025-5-27 Xiaomi

Taiwan is ramping up its defense drone push with help from startups like Coretronic, as giants like TSMC and Foxconn hold back due to a smaller local market (www.bloomberg.com)
2025-5-27 Taiwan Startup Drone

Sources, including 30+ current and former Meta employees and 10+ US officials, detail Mark Zuckerberg's embrace of Trump, which has yet to pay major dividends (www.bloomberg.com)
2025-5-27 Trump Zuckerberg

A look at the UAE's Mohamed bin Zayed University of AI, which aims to supply talent to Emirati companies, incubate startups, and serve as the UAE's AI R&D arm (www.bloomberg.com)
2025-5-27 Startup AI

OpenAI sets up a legal entity in South Korea and plans a Seoul office, its third in Asia, and says the country has the most paying ChatGPT users outside the US (www.bloomberg.com)
2025-5-26 Korea Asia

Tools like Microsoft Copilot are helping execs, managers, and staff quickly catch up on work after a vacation by triaging emails and summarizing Slack threads (www.bloomberg.com)
2025-5-26 Microsoft Slack

Source: the main topic at WWDC will be a redesigned software interface, dubbed Solarium, for all of Apple's operating systems, including tvOS and watchOS (www.bloomberg.com)
2025-5-26 Apple

Elon Musk says he needs to be “super focused on X/xAI and Tesla”, saying major operational improvements need to be made “as evidenced by the X uptime issues” (www.bloomberg.com)
2025-5-25 Tesla Elon Musk

A US judge vacates Avraham Eisenberg's convictions for fraud and manipulation related to a $110M theft on Mango Markets in 2022 due to insufficient evidence (www.bloomberg.com)
2025-5-24

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