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(Bloomberg) -- The Biden administration is weighing additional curbs on sales of semiconductor equipment and AI memory chips to China that would escalate the US crackdown on Beijing’s tech ambitions but stop short of some stricter measures previously considered, according to people familiar with the matter.Most Read from BloombergIn Traffic-Weary Toronto, a Battle Breaks Out Over Bike LanesIn Italy’s Motor City, Car-Free Options Are GrowingNew York City’s ‘Living Breakwaters’ Brace for Stormier

(Bloomberg) -- GCash, the biggest fintech platform in the Philippines, has invited banks to pitch for an initial public offering in Manila to potentially raise $1 billion to $1.5 billion, according to people familiar with the matter.Most Read from BloombergIn Traffic-Weary Toronto, a Battle Breaks Out Over Bike LanesIn Italy’s Motor City, Car-Free Options Are GrowingNew York City’s ‘Living Breakwaters’ Brace for Stormier SeasThe company intends to list in the second half of 2025, the people said

(Bloomberg) -- Pony AI Inc. is diversifying its supply chain and looking at international markets other than the US to avoid geopolitics risk as tensions between Beijing and Washington remain volatile, according to Chief Executive Officer James Peng.Most Read from BloombergIn Traffic-Weary Toronto, a Battle Breaks Out Over Bike LanesIn Italy’s Motor City, Car-Free Options Are GrowingNew York City’s ‘Living Breakwaters’ Brace for Stormier SeasThe autonomous-driving technology firm, which debuted

(Bloomberg) -- Donald Trump had dinner with Meta Platforms Inc. Chief Executive Officer Mark Zuckerberg at the president-elect’s Mar-a-Lago estate in Florida on Wednesday.Most Read from BloombergIn Traffic-Weary Toronto, a Battle Breaks Out Over Bike LanesIn Italy’s Motor City, Car-Free Options Are GrowingNew York City’s ‘Living Breakwaters’ Brace for Stormier SeasZuckerberg met with Trump and members of his team, according to a Meta representative, who added that the session took place at a cru

The rapidly growing social networking startup Bluesky, a Twitter/X alternative built on open web principles, revealed in a livestream on Monday how its approach to user account verification will differ from existing services, like Meta and X. While traditional social media has shifted to a pay-for-verification model, where users pay for the privilege of the blue check that confirms their identity, Bluesky envisions a system where multiple verification providers exist to serve the needs of its broader community. Currently, the only way to verify your account on Bluesky is to adopt a custom domain name, something the company began offering as an option last year. In addition, Bluesky tackles impersonation issues directly, as they arise.

U.S. President-elect Donald Trump's pledge to impose tariffs on Canada would drive up fuel prices for Americans as it would upend decades-old oil trade from its top crude supplier, analysts said on Wednesday. Trump, who takes office on Jan. 20, said this week he would impose a 25% tariff on all imports from Canada and Mexico until they clamp down on drugs and migrants crossing the border. Canadian oil imports would not be exempt under a free-trade deal from the levies, Reuters reported.

(Bloomberg) -- The US Federal Trade Commission is looking into whether Uber Technologies Inc. violated consumer protection laws with its flagship subscription service. Most Read from BloombergIn Traffic-Weary Toronto, a Battle Breaks Out Over Bike LanesIn Italy’s Motor City, Car-Free Options Are GrowingNew York City’s ‘Living Breakwaters’ Brace for Stormier SeasThe FTC is investigating Uber over enrollment and cancellation aspects of the product, according to documents viewed by Bloomberg. The i

(Bloomberg) -- Andreessen Horowitz general partner Sriram Krishnan is leaving the venture capital firm, and has had discussions with Elon Musk about joining his efforts to improve government efficiency.Most Read from BloombergIn Traffic-Weary Toronto, a Battle Breaks Out Over Bike LanesIn Italy’s Motor City, Car-Free Options Are GrowingNew York City’s ‘Living Breakwaters’ Brace for Stormier SeasKrishnan’s departure was reported earlier by the Information. He confirmed the move in messages to Blo

Bitcoin rose 5.05% to $96,286 at 2130 GMT on Wednesday, adding $4,633 to its previous close. Bitcoin, the world's biggest and best-known cryptocurrency, is up 150.3% from the year's low of $38,505 on Jan. 23.

(Bloomberg) -- Shares of Dell Technologies Inc. and HP Inc. dropped on Wednesday after both companies reported weak results, disappointing investors who have been waiting for a recovery in the personal computer market.Most Read from BloombergIn Traffic-Weary Toronto, a Battle Breaks Out Over Bike LanesIn Italy’s Motor City, Car-Free Options Are GrowingNew York City’s ‘Living Breakwaters’ Brace for Stormier SeasRevenue generated by Dell’s PC business declined 1% to $12.1 billion in the fiscal thi