Articles from www.bloomberg.com

Articles from www.bloomberg.com

An interview with Changpeng Zhao about his four months of incarceration, investing in X, forced separation from Binance, plans for the future, and more (www.bloomberg.com)
2024-11-8 Interview

Sources: OpenAI is in early talks with the California AG's office to become a for-profit company; a letter shows OpenAI also discussed it with Delaware's AG (www.bloomberg.com)
2024-11-8 California

Trump's win flips the idea that Elon Musk overpaid for X on its head, after Musk turned his feed into a Trump-inspired billboard for his 200M+ followers (www.bloomberg.com)
2024-11-8 Trump Elon Musk

France's gambling regulator says it is “aware” of Polymarket and is “currently examining its operation and compliance”, after user Fredi9999 made a $48M profit (www.bloomberg.com)
2024-11-7 France

TSMC SVP Cliff Hou says Taiwan must improve its chip tech to maintain its global leadership; in October, Trump said that Taiwan “stole 95% of our business” (www.bloomberg.com)
2024-11-7 Trump Taiwan

Adyen reports Q3 revenue up 20% YoY to €498.3M, vs. €503.3M est., and processed volume growth slowed to 32% from 45% in H1 2024; ADYEN falls 9%+ in Amsterdam (www.bloomberg.com)
2024-11-7

The US SEC's crypto-related enforcement is slated for a major rollback under President Trump, who has pledged to fire Gary Gensler on the first day in office (www.bloomberg.com)
2024-11-7 Trump

Qualcomm and Arm's earnings results show the smartphone industry making an uneven comeback, with both companies seeing a stronger demand for high-end models (www.bloomberg.com)
2024-11-7

Sources: TSMC and GlobalFoundries have finished negotiating agreements for billions of dollars in grants and loans under the CHIPS Act to support US factories (www.bloomberg.com)
2024-11-7

Arm reports Q2 revenue up 5% YoY to $844M, vs. $810.9M est., royalty revenue up 23% to $514M, and forecasts Q3 revenue below estimates (www.bloomberg.com)
2024-11-7

Sources: Saudi Arabia plans a new AI project to rival the UAE's tech hub, backed by $50B to $100B to invest in data centers, startups, new talent, and more (www.bloomberg.com)
2024-11-7 Startup AI Arabia Saudi Arabia

The EU Commission opens an antitrust investigation into smartphone glass maker Corning over allegedly abusing its market dominance to squeeze out rivals (www.bloomberg.com)
2024-11-6

Trump Media & Technology Group's stock jumps 30%+ in pre-market trading, hitting a $7B+ market cap, as Trump beats Kamala Harris; TSLA rises 13%+ pre-market (www.bloomberg.com)
2024-11-6 Trump

Nvidia closed up 2.9% at $139.93, hitting a $3.43T market cap and surpassing Apple at $3.38T and Microsoft at $3.06T; NVDA is up 850% since the end of 2022 (www.bloomberg.com)
2024-11-6 Microsoft Apple Nvidia

Coupang reports Q3 revenue up 27% YoY to $7.9B, net retail sales of $6.14B, vs. $6.24B est., and operating income below projections; CPNG drops 8% after hours (www.bloomberg.com)
2024-11-6 Retail

Sources: EU regulators are preparing to impose a fine on Apple, under the DMA, after it failed to let developers steer users to offers outside of the App Store (www.bloomberg.com)
2024-11-6 Apple

Polymarket confirms paying US-based influencers, including large Instagram meme accounts, to promote election betting despite being banned in the US (www.bloomberg.com)
2024-11-5 Instagram

The UK CMA says it would approve the £15B Vodafone-Three merger if they commit to investing £11B to upgrade the UK's network, ahead of a December 7 decision (www.bloomberg.com)
2024-11-5

Google, Temasek, and Bain: online spending in Southeast Asia will reach $263B in 2024, up 15% YoY, the lowest growth rate since at least 2017, amid inflation (www.bloomberg.com)
2024-11-5 Google Asia Southeast Asia

Sources: Canadian authorities arrested Alexander “Connor” Moucka, who is allegedly behind hacks in June and July of up to 165 Snowflake customers including AT&T (www.bloomberg.com)
2024-11-5 Canada AT&T

Sources: OpenAI is in early talks with the California AG's office to become a for-profit company; letter: it also has discussed the shift with the Delaware AG (www.bloomberg.com)
2024-11-5 California

Sources: Apple is exploring a push into smart glasses with Atlas, an internal study of products currently on the market, led by its Product Systems Quality team (www.bloomberg.com)
2024-11-5 Apple

The US NLRB alleges Grindr illegally imposed a return-to-office policy last year forcing out ~80 of its 178 staffers in an attempt to thwart a unionization push (www.bloomberg.com)
2024-11-5

Meta plans to use its AI-based “adult classifier” tool to identify young Instagram users who are lying about their age and automatically switch privacy settings (www.bloomberg.com)
2024-11-5 AI Instagram

Sources: iOS 18.2 may arrive during the week of December 2; thoughts on the Mac mini as a gaming device, the Pixelmator deal, Q4 earnings, and Peloton's new CEO (www.bloomberg.com)
2024-11-4 IOS 4Q

A Chainalysis study based on digital wallet use data from January 1, 2024 to October 8, 2024 suggests Tether's USDT has gained traction in EMEA time zones (www.bloomberg.com)
2024-11-3

Bitcoin's 2024 price rally masks a bleaker picture in the wider crypto market, with crypto VC investment remaining a far way off the 2021 bull market and more (www.bloomberg.com)
2024-11-2 Bitcoin

A judge rules Parag Agrawal and other former Twitter executives can proceed with claims that Elon Musk cheated them out of severance pay by terminating them (www.bloomberg.com)
2024-11-2 Twitter Elon Musk

Nvidia will replace Intel in the Dow Jones Industrial Average on November 8, after Amazon replaced Walgreens in February; Intel joined the index in 1999 (www.bloomberg.com)
2024-11-2 Amazon Intel Dow Jones Nvidia

A profile of YC Head of Public Policy Luther Lowe, who led a California pressure campaign against AI safety bill SB 1047 and aims to fight for “little tech” (www.bloomberg.com)
2024-11-2 AI California

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