ByteDance founder Zhang Yiming, who is also the founder of TikTok, has relocated to Singapore while keeping his Chinese citizenship. This move comes amid a lawsuit between TikTok and the US government. Zhang joins other entrepreneurs who have relocated to Singapore due to regulatory tightening and Covid restrictions in China's tech sector.
Source: https://www.bloomberg.com/technology
AI | Rating: 42 | 2024-05-08 07:35:23 AM |
South Korea will provide 9.7 trillion won ($7.1 billion) in financial aid to local electric-car battery makers to build a new supply chain compliant with US tax credit rules. The aid aims to reduce reliance on China and secure key battery materials to maintain competitiveness in the US market.
Source: https://www.bloomberg.com/technology
AI | Rating: 42 | 2024-05-08 07:35:23 AM |
Longi Green Energy Technology Co. announced a new record for solar cell efficiency, reaching 27.3% in laboratory settings. This surpasses the previous record of 27.1% set by Longi in November with a similar design.
Source: https://www.bloomberg.com/technology
AI | Rating: 51 | 2024-05-08 07:35:22 AM |
SoftBank Group Corp. is in talks to acquire Graphcore Ltd., a British semiconductor startup once valued at $2.8 billion, in a deal that could still unravel. The two companies have held discussions over several months, with financial terms yet to be decided.
Source: https://www.bloomberg.com/technology
AI | Rating: 79 | 2024-05-08 07:42:01 AM |
The Bloomberg Service Center reports that JavaScript is disabled in the browser, requiring users to enable it to access the service.
Source: https://www.bloomberg.com/technology
Technology | Rating: 37 | 2024-05-08 07:35:22 AM |
Bloomberg delivers business and financial information, news, and insight worldwide, connecting decision makers to a dynamic network of information, people, and ideas, providing quick and accurate access to global news and data.
Source: https://www.bloomberg.com/technology
Technology | Rating: 50 | 2024-05-08 07:35:21 AM |
Source: https://www.bloomberg.com/technology
2024-05-08 07:35:21 AM |
Bloomberg Terminal provides complimentary access to its functionality for former subscribers through its Transitional Account program, allowing them to stay connected and adapt to career changes.
Source: https://www.bloomberg.com/technology
Business | Rating: 51 | 2024-05-08 07:35:21 AM |
The company has taken its business expertise and profits to support philanthropic efforts, using data to address pressing global issues and improve lives worldwide. By facing data, the organization aims to understand and address challenges, making a positive impact globally.
Source: https://www.bloomberg.com/technology
AI | Rating: 58 | 2024-05-08 07:35:21 AM |