Coco Liu / Bloomberg: A look at ways AI is being used to cut carbon emissions: calculating fuel-efficient driving patterns, monitoring grid infrastructure, and more — Shrinking the world's carbon footprint will require poring over vast datasets to spot solutions — something computers do better and faster than humans.
Steve Dickson / Bloomberg: Global Payments acquires the 45% stake in Worldpay that Fidelity still owned and buys the 55% held by PE firm GTCR, in a deal valuing Worldpay at $24.3B — A trio of deals valuing Worldpay at $24.3 billion created a new behemoth in payment processing and cracked open a merger market that's …
Ike Swetlitz / Bloomberg: The US FDA cleared Neuralink rival Precision Neuroscience in late March 2025 to offer a less invasive brain implant; the device contains 1,024 metal electrodes — One of the co-founders of Elon Musk's Neuralink Corp. is building a different kind of brain implant.
Bloomberg: TSMC CEO C. C. Wei says “TSMC is not engaged in any discussion with other companies regarding any joint venture”, after a recent report of a tie-up with Intel — Chief Executive Officer C. C. Wei, responding to questions about a possible Intel collaboration, said TSMC remained focused on its own business.
Konrad Krasuski / Bloomberg: Polish parcel locker operator InPost acquires UK delivery service Yodel, boosting its UK market share from 2% to ~8% and delivering 300M+ UK parcels annually — Polish parcel locker operator InPost SA announced it's taking over UK delivery service Yodel to boost its footprint in one of the most developed e-commerce markets in Europe.
Jane Lanhee Lee / Bloomberg: TSMC reports Q1 net income up 60.3% YoY to $11.1B, beating estimates, as customers stockpiled chips anticipating global trade disruptions spurred by US tariffs — And it stuck with a capital spending projection of $38 billion to $42 billion for 2025. TSMC's US stock rose 4.7% …
Max Chafkin / Bloomberg: Medicare broker Chapter, which was co-founded by Vivek Ramaswamy and uses AI to aggregate comprehensive plan data, raised $75M at a $1.5B valuation — Startup Chapter, co-founded by Vivek Ramaswamy and previously backed by Peter Thiel and JD Vance, just closed a VC round valuing it at $1.5 billion.
Anne VanderMey / Bloomberg: Infinite Reality, which recently bought Napster, acquires AI customer support startup Touchcast for $500M in cash and stock, valuing Infinite Reality at $15.5B — The acquisition comes just weeks after the company said it would buy iconic 2000s music brand Napster.
Bloomberg: US credit and debit card data: Shein's US sales rose 29% YoY in March and 38% YoY in April's first 11 days, while Temu rose 46% and 60%, ahead of US tariffs — Powerbeats Pro 2 Review: Best Workout Earbuds Still Lag on Audio Quality — Beats' newest exercise headphones are improved, but they face stiffer competition than ever.
Bloomberg: Sources: activist investor Elliott has built a position worth $1.5B+ in HPE, making it one of the company's top five shareholders; HPE is down ~30% in 2025 — Elliott Investment Management has built a large position worth more than $1.5 billion in Hewlett Packard Enterprise Co., according to people familiar with the matter.
Bloomberg: US satellite startup Astranis and Taiwanese telco Chunghwa plan to launch a dedicated MicroGEO satellite by the end of 2025, with full bandwidth as soon as 2026 — A US satellite startup will launch the first communications satellite dedicated to Taiwan, strengthening the self-ruled democracy's resilience …
Bloomberg: An interview with eFishery CEO Gibran Huzaifah and 20+ sources detail how Gibran's “fake-it-till-you-make-it” deceptions spiraled, losing investors $300M+ — Agritech venture eFishery was one of Asia's brightest startups with money from the likes of SoftBank and Temasek.
Takashi Mochizuki / Bloomberg: Japan's FTC orders Google to stop alleged abuse of its market power over local smartphone manufacturers, ahead of high-stakes US trade negotiations this week — Japan's Fair Trade Commission ordered Alphabet Inc.'s Google to stop alleged abuse of its market power over local smartphone manufacturers …
Bloomberg: India plans to add 200M to 300M UPI users, including via delegated kids accounts, and pitch UPI abroad; PwC: India makes up ~46% of global digital transactions — - India accounts for 46% of world's digital transactions — Its government is pitching UPI to diaspora-heavy countries
Ruth Olurounbi / Bloomberg: African Private Capital Association: VC inflows to Africa fell 22% YoY to $3.6B in 2024, after a 31% YoY drop in 2023; fintechs had 116 deals raising $1.4B — Venture capital funding for African startups shrank again last year, though the share of home-grown investors advanced.
Mark Gurman / Bloomberg: Sources: Apple is working on a lighter and cheaper Vision Pro and a Mac-tethered model with ultra-low latency; iPadOS 19 overhaul will make it more like macOS — Also: company prepares more macOS-like features for iPadOS 19. — Apple is readying two new Vision Pro headsets, but glasses have become a bigger goal in the long run.
Bloomberg: Analysis: paper gains from the Trump family's investments in various crypto projects, including NFTs, DeFi, Bitcoin mining, and memecoins, are approaching $1B — President Donald Trump and his family have taken a interest in just about every corner of the crypto industry.
Sankalp Phartiyal / Bloomberg: Sources: Apple produced $22B worth of iPhones in India in the 12 months ended March 2025, up nearly 60% YoY, and now makes 20% of its iPhones in the country — The Cupertino, California-headquartered company now makes 20%, or one in five, of its prized iPhones in the South Asian country …
Kate Pickert / Bloomberg: AI could transform medicine by helping doctors and medical students improve their empathy and bedside manner before they interact with real patients — The hope is that artificial intelligence will eventually do much of the work that makes it difficult for doctors to spend enough time with patients.
Bloomberg: The Trump administration excludes smartphones, laptops, hard drives, processors, memory chips, and machines used to make semiconductors from reciprocal tariffs — President Donald Trump's administration exempted smartphones, computers and other electronics from its so-called reciprocal tariffs …
Ryan Weeks / Bloomberg: Architect Partners: Q1 2025 was a record quarter for crypto M&A with 61 deals and $2.2B in total deal value, including Kraken's $1.5B acquisition of NinjaTrader — A false dawn for M&A? — Is the crypto M&A boom for real? We asked Casper Johansen, partner at The Spartan Group, a digital assets advisory firm.
Kate O'Keeffe / Bloomberg: US investigators are probing whether the China ties of TP-Link Systems Inc., the US-based business of Wi-Fi router giant TP-Link, pose an “unacceptable risk” — - TP-Link Systems still has sizable China presence, records show — Founder says he's ‘chosen the US’ in company's restructuring
Mark Gurman / Bloomberg: Apple is unlikely to move iPhone production to the US anytime soon due to a lack of facilities, skilled labor, and established supply chains like Asia's — For US President Donald Trump, there would be few bigger victories than having a domestically produced version of the iPhone, one of the most popular tech products in history.
Olivia Solon / Bloomberg: Yield Sec: US online gross gambling revenue was $90.1B in 2024, of which $67.1B went to illegal casinos; unlicensed operators in California had $5.5B in revenue — Illegal sports books and casinos took 74% of online gambling revenues in the US last year, outperforming licensed rivals through …
Bloomberg: Annual shareholder letter: Andy Jassy says Amazon has to operate like the “world's largest startup” and generative AI will reinvent “every customer experience” — “If your customer experiences aren't planning to leverage these intelligent models …
Aaron Clark / Bloomberg: Greenpeace: emissions from AI chip production rose 357% in 2024, driven by a heavy reliance on fossil fuels, outpacing a 351% rise in electricity consumption — Emissions generated from the production of semiconductors that underpin AI services grew more than fourfold in 2024 …
Saritha Rai / Bloomberg: Ziroh Labs and the Indian Institute of Technology partner to launch Kompact AI, which they say is an affordable AI system to run large models on standard CPUs — Ziroh Labs, an artificial intelligence startup operating in India, collaborated with researchers at the country's premier technology school …
Bloomberg: Trump's 90-day tariff pause gives Nintendo, whose stock closed up 11.7% on April 10, time to prep the Switch 2's US launch on June 5 and lifts pricing pressure — For now. — The 90-day reprieve on heightened tariffs for most US trading partners gives the Japanese company a chance to ramp …
Jane Lanhee Lee / Bloomberg: TSMC reports Q1 revenue up ~42% YoY to $25.5B, above est. and its fastest revenue growth since 2022, as electronics makers stockpiled chips ahead of US tariffs — That marked TSMC's fastest pace of growth since 2022. Electronics manufacturers had stockpiled goods in US warehouses …
Bloomberg: Sources: Amazon is considering a $15B warehouse expansion plan for nearly 80 new US logistics facilities, reversing its post-pandemic construction slowdown — The e-commerce company is asking potential capital partners to submit proposals, the people said, asking not to be identified citing private information.
Mark Gurman / Bloomberg: Samsung and Google plan to launch Ballie, a soccer-ball-shaped home robot that uses AI and can project video onto walls “like a personal BB-8”, in summer 2025 — Samsung Electronics Co. and Alphabet Inc.'s Google are partnering to launch the Ballie, a soccer-ball-shaped home robot …
Bloomberg: Italy says it is withdrawing its support for STMicro CEO Jean-Marc Chery and his management team as chip demand slumps; Italy and France own nearly 28% — The Italian government is withdrawing its support for STMicroelectronics NV Chief Executive Officer Jean-Marc Chery and his management team …
Bloomberg: US ITC data: in 2024, China's share of US imports was 86% for US game consoles, 79% for PC monitors, 73% for smartphones, 70% for batteries, and 66% for laptops — China will be a hard habit to kick even for a US president seemingly bent on obliterating all of its imports.
Katie Roof / Bloomberg: Toronto-based Tailscale, which helps set up corporate VPNs, raised $160M led by Accel, a source says at a $1.5B valuation, up from $1B in May 2022 — Tailscale Inc., a security startup based in Toronto, has raised $160 million from investors — a significant haul for the Canadian company.
Bloomberg: Interviews with 40 sources describe concerns about Helsing, Europe's most valuable defense tech startup, including whether it can live up to its €5B valuation — Europe's biggest defense tech company is facing allegations of overpriced drones and glitchy software. The firm stands by its products.
Bloomberg: Sources: Beijing opposes fast-fashion giant Shein's plans to move some production out of China, as it seeks to stave off a manufacturing exodus after US tariffs — Fast-fashion giant Shein's plans to shift some production out of China have met with opposition from the Chinese government …
Katie Roof / Bloomberg: SignalFire raised a $1B+ fund to bet on early-stage AI startups, taking its AUM to $3B, and plans to use AI to spot market trends to help portfolio companies — With the new funds SignalFire will focus on AI — and use it too. — Venture capital firm SignalFire has raised over a $1 billion …
Rachel Metz / Bloomberg: Source: AI coding startup Anysphere, whose assistant Cursor has helped lead to “vibe coding”, hit 1M+ DAUs in March 2025, driven largely by word-of-mouth growth — Word-of-mouth growth has helped turn a 60-person startup into one of the early hits of the generative AI era.
Vlad Savov / Bloomberg: Nintendo's and Sony's stocks closed down 7.85% and 10.04% on April 7 amid a Japan selloff driven by US tariffs; most Switches are assembled in China and Vietnam — Nintendo, fresh off the announcement of its pivotal next-generation Switch 2 console, is particularly vulnerable …
Bloomberg: Analysis: tech companies have pledged at least $1.4T in US spending since Trump was elected, although many of the plans aren't new and not all will be fulfilled — Business leaders have pledged at least $1.6 trillion in US spending since Trump was elected to a second term as president.
Fareed Sahloul / Bloomberg: Sources: StubHub, Klarna, eToro, and adtech group MNTN have paused their IPO plans as President Trump's trade war upends the global economy — Billions of dollars worth of acquisitions and initial public offerings are on hold as Donald Trump's trade war upends the global economy …
Katie Roof / Bloomberg: Redpanda, which offers companies AI-powered data analytics tools, raised a $100M Series D led by GV, with participation from Lightspeed, at a $1B valuation — Lightspeed Venture Partners also participated in the deal, which Redpanda announced Thursday. The funding doubles the startup's valuation …
Annmarie Hordern / Bloomberg: President Trump reiterates he's open to tariff relief for China if it approves the sale of TikTok's US operations; the app faces an April 5 divestment deadline — President Donald Trump said he was open to reducing his tariffs if other nations were able to offer something “phenomenal,” …
Bloomberg: AI video startup Runway raised $308M led by General Atlantic, sources say at a $3B+ valuation, and plans to hire more filmmakers, screenwriters, and others — The deal, which is set to be announced Thursday, pushes Runway's value to just over $3 billion, according to people familiar …
Samuel Stolton / Bloomberg: Sources: Ireland's DPC will fine TikTok €500M+ before the end of April for illegally shipping European users' data to China, after a lengthy GDPR investigation — The penalty is likely to be the third highest ever dished out by the Irish watchdog following earlier fines of €746 million …
Bloomberg: Sources: Microsoft has halted talks for, or delayed development of, data center projects in Indonesia, the UK, Australia, Illinois, North Dakota, and Wisconsin — The software company has recently halted talks for, or delayed development of, sites in Indonesia, the UK, Australia, Illinois …
Ryan Weeks / Bloomberg: President Trump's tariffs are set to disrupt the Bitcoin mining sector, as many of the largest miners are based in the US and the supply chain is rooted in Asia — Lauren Lin is in a hurry. She has less than 48 hours to ship about 5,600 Bitcoin mining machines from Thailand to the US …
Matt Levine / Bloomberg: Circle's S-1 shows that it is a fintech and that, as of December 31, 2024, ~85% of USDC reserves were in a BlackRock-managed money market fund only for Circle — Circle, slangy wealth management chatbots, private credit runs, SEC climate rules and OCC desk space.
Ashley Carman / Bloomberg: Patreon says it now has 6.7M paid podcast subscriptions, generating $472M+ in 2024 revenue, up 35% YoY, and signs podcasting deals with Sony Music and Wondery — Podcasters made more than $472 million on the platform last year — Patreon Inc., a subscription platform for online creators …
Sankalp Phartiyal / Bloomberg: Indian investment bank The Rainmaker Group says 36+ Indian tech startups like Flipkart and PhonePe with a combined $100B valuation are set to go public by 2027 — - Investment bank Rainmaker sees India IPOs picking up pace — IPOs in India have lost steam this year as stocks have dropped