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Shopify says it has lured hundreds of Salesforce clients, including Mattel and Casper; analysts say Shopify overtook Salesforce's e-commerce business in 2021
(
www.bloomberg.com
)
2024-10-29
Salesforce
Shopify
Sources: Apple's iPhone exports from India reached ~$6B in the six months through September 2024, up 33% YoY, on track to pass $10B by the end of fiscal 2024
(
www.bloomberg.com
)
2024-10-29
India
iPhone
Apple
Sources: VC firms are set to make hundreds of millions from Stripe's $1.1B acquisition of Bridge; Sequoia's ~16% stake is worth significantly more than $100M
(
www.bloomberg.com
)
2024-10-29
How GOP figures from Stephen Miller to Elon Musk use lawsuits to silence many groups studying disinfo, like the Stanford Observatory, CCDH, Graphika, NewsGuard
(
www.bloomberg.com
)
2024-10-29
Elon Musk
Republican
OpenAI's CFO: ChatGPT has 250M weekly active users, converts free users to paid at a rate of 5% to 6%, and ~75% of OpenAI's revenue is from paying consumers
(
www.bloomberg.com
)
2024-10-29
Armis, which provides risk management tools, raised $200M led by General Catalyst and Alkeon at a $4.2B valuation ahead of a 2026 IPO, and passed $200M in ARR
(
www.bloomberg.com
)
2024-10-29
IPO
A profile of Italian private equity firm Bending Spoons, which bought WeTransfer, Evernote, and other distressed subscription apps, and plans to spend billions
(
www.bloomberg.com
)
2024-10-28
Italy
Equity
Evernote
A profile of ex-eBay and HP CEO Meg Whitman, who became US ambassador to Kenya in late 2021, as the US seeks to counterbalance Chinese tech influence in Africa
(
www.bloomberg.com
)
2024-10-28
China
eBay
Africa
Analysis of trade data: Mumbai-based Shreya Life Sciences exported 1,111 of Dell's advanced PowerEdge XE9680 servers, worth $300M+, to Russia in April to August
(
www.bloomberg.com
)
2024-10-28
Russia
Hong Kong outlines an AI policy for finance and proposes an extension of a tax break on owning digital assets, as it seeks to become Asia's go-to financial hub
(
www.bloomberg.com
)
2024-10-28
Hong Kong
Tax
Asia
AI
Asset
Indonesia bans the sale of iPhone 16 series, claiming that Apple has not fulfilled 40% local content requirements and has not met its investment commitments
(
www.bloomberg.com
)
2024-10-28
iPhone
Apple
Indonesia
A closer look at M4 Macs coming this week; sources: Apple's home smart display will have an iMac G3-like base and a square screen the size of about two iPhones
(
www.bloomberg.com
)
2024-10-28
Apple
Q&A with Arm CEO Rene Haas on AI transforming the world much faster than the internet, Arm's global operations and China's role, geopolitics, and more
(
www.bloomberg.com
)
2024-10-27
China
AI
At a TSMC event, founder Morris Chang said the company will soon face its “most severe” challenges in driving growth as free trade of semiconductors falters
(
www.bloomberg.com
)
2024-10-27
The ramifications of a potential US crackdown against Tether, a noticeable player in the market for US debt, will extend beyond the digital asset industry
(
www.bloomberg.com
)
2024-10-26
Asset
Chinese self-driving company WeRide's shares closed up 6.8% at $16.55, giving a market cap of ~$4.5B, after raising $440.5M in a US IPO and private placement
(
www.bloomberg.com
)
2024-10-26
China
IPO
Accel registers with the US SEC as an investment adviser to tap private markets, joining Sequoia, a16z, Bessemer, and other VC firms that made a similar move
(
www.bloomberg.com
)
2024-10-26
Sources: Apple tested an app to help people with prediabetes manage their food intake and make lifestyle changes, as part of its push into blood-sugar features
(
www.bloomberg.com
)
2024-10-26
Apple
The UK CMA opens a phase one merger probe into chip designer Synopsys' $35B takeover of 3D design software maker Ansys due to competition concerns
(
www.bloomberg.com
)
2024-10-25
A US federal judge allows 150+ cases from school districts against Meta, Google, and Snap alleging their apps contributed to students' mental health crisis
(
www.bloomberg.com
)
2024-10-25
Google
Identity verification service provider Socure agrees to acquire Effectiv, which helps businesses manage fraud prevention tools, for $136M in cash and equity
(
www.bloomberg.com
)
2024-10-25
Equity
Source: TSMC's US division president said during a webinar that production yields in Arizona are 4 percentage points higher than at similar facilities in Taiwan
(
www.bloomberg.com
)
2024-10-25
Taiwan
The UK CMA opens a formal probe into Google's Anthropic partnership, sets a December 19 deadline; Google planned to invest $2B in 2023 and signed a cloud deal
(
www.bloomberg.com
)
2024-10-24
Google
Q&A with Vinod Khosla on Elon Musk, AI, climate tech, Harris and Trump, the US economy, tech regulation, Silicon Valley's Trump supporters, taxation, and more
(
www.bloomberg.com
)
2024-10-24
Trump
AI
Elon Musk
Climate
The EU's Court of Justice sides with Intel over a once-record €1.06B antitrust fine, ruling that regulators failed to prove it gave illegal rebates to PC makers
(
www.bloomberg.com
)
2024-10-24
Intel
Crypto super PAC Fairshake, a rare bipartisan PAC, plans to deploy $40M+ in the final weeks of the 2024 US elections, after already deploying $140M
(
www.bloomberg.com
)
2024-10-24
SK Hynix reports Q3 revenue up 94% YoY to a record ~$12.7B, vs. ~$13.2B expected, and operating profit of ~$5.1B, vs. ~$5B expected, on continued AI chip demand
(
www.bloomberg.com
)
2024-10-24
AI
Roblox plans child-safety reforms, including a new type of account to let parents monitor their child's online activity and friends, starting in November
(
www.bloomberg.com
)
2024-10-24
UK-based Wayve, which develops AI software for vehicles, starts testing its driver-assistance system in San Francisco and opens a new office in California
(
www.bloomberg.com
)
2024-10-24
AI
San Francisco
California
Sources: Apple nears production of MacBook Airs with M4 for release in early 2025, slightly delays M4 Mac Studio, and plans new entry-level iPads for the spring
(
www.bloomberg.com
)
2024-10-24
Apple
MacBook
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