Mark Anderson
@markc-anderson.bsky.social
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Asia Technology Editor at Bloomberg News - all views mine. Get in touch:
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A ransomware attack is the cause of a disruption at Marks & Spencer, with hackers using a potent kind of malware to lock down some of the British retailer’s systems and render them inaccessible, according to people familiar with the attack.
www.bloomberg.com/news/article...
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Ransomware Hack Said to Be Cause of Marks & Spencer Outages
A ransomware attack is the cause of a disruption at Marks & Spencer Group Plc., with hackers using a potent kind of malware to lock down some of the British retailer’s systems and render them inac...
https://www.bloomberg.com/news/articles/2025-04-29/ransomware-hack-said-to-be-cause-of-marks-spencer-outages?srnd=undefined
7 months ago
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Gautam Adani plans to invest an additional $10 billion to build data centers in India, people familiar with the matter said, as the billionaire looks to ride the boom in demand for artificial intelligence and business process-led services.
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Adani to Grow Data Center Investment by $10 Billion on AI Demand
Gautam Adani plans to invest an additional $10 billion to build data centers in India, people familiar with the matter said, as the billionaire looks to ride the boom in demand for artificial intellig...
https://www.bloomberg.com/news/articles/2025-04-21/adani-to-grow-data-center-investment-by-10-billion-on-ai-demand?srnd=phx-technology
7 months ago
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Nvidia, the dominant player in chips for artificial intelligence models, plans to produce as much as half a trillion dollars’ worth of AI infrastructure in the US over the next four years through manufacturing partnerships.
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Nvidia Says It Will Build Up to $500 Billion of AI Gear in US
Nvidia Corp., the dominant player in chips for artificial intelligence models, plans to produce as much as half a trillion dollars’ worth of AI infrastructure in the US over the next four years throug...
https://www.bloomberg.com/news/articles/2025-04-14/nvidia-says-it-will-build-up-to-500-billion-of-ai-gear-in-us?srnd=phx-technology
7 months ago
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The Trump administration exempted smartphones, computers and other electronics from its so-called reciprocal tariffs, potentially cushioning consumers from sticker shock while benefiting electronics giants including Apple and Samsung.
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Trump Exempts Phones, Computers, Chips From ‘Reciprocal’ Tariffs
President Donald Trump’s administration exempted smartphones, computers and other electronics from its so-called reciprocal tariffs, potentially cushioning consumers from sticker shock while benefitin...
https://www.bloomberg.com/news/articles/2025-04-12/trump-exempts-phones-computers-chips-from-reciprocal-tariffs
7 months ago
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Zhang Yiming, the founder of TikTok owner ByteDance, has become China’s wealthiest person for the first time. Zhang's fortune is now estimated at $57.5 billion, making him richer than bottled water tycoon Zhong Shanshan and Tencent co-founder Ma Huateng.
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TikTok Billionaire Zhang Yiming Becomes China’s Richest Person
Zhang Yiming, the founder of TikTok owner ByteDance Ltd., has become China’s wealthiest person for the first time.
https://www.bloomberg.com/news/articles/2025-03-26/tiktok-billionaire-zhang-yiming-is-now-china-s-richest-person
8 months ago
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Oracle is weighing a proposal for a sale of TiKTok’s US operations that would have it provide data security assurances and take a small stake in a new American entity while potentially leaving the app’s algorithm in Chinese hands.
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Oracle Weighs Security Backstop, Small Stake to Land TikTok Deal
Oracle Corp. is weighing a proposal for a sale of TiKTok’s US operations that would have it provide security assurances and take a small stake in a new American entity while potentially leaving the ap...
https://www.bloomberg.com/news/articles/2025-03-18/oracle-weighs-security-backstop-small-stake-to-land-tiktok-deal
8 months ago
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The US Federal Trade Commission is moving ahead with a sprawling antitrust probe of Microsoft that was opened in the waning days of the Biden Administration, signaling that Donald Trump’s new FTC Chair Andrew Ferguson will prioritize scrutiny of tech giants.
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Trump’s FTC Moves Ahead With Broad Microsoft Antitrust Probe
The US Federal Trade Commission is moving ahead with a sprawling antitrust probe of Microsoft Corp. that was opened in the waning days of the Biden Administration, signaling that Donald Trump’s new FT...
https://www.bloomberg.com/news/articles/2025-03-12/trump-s-ftc-moves-ahead-with-broad-microsoft-antitrust-probe
8 months ago
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Chinese startup Manus claims to have vaulted ahead of leading artificial intelligence developers in the US. It launched a preview version of what it called a general AI agent that it claims performs better on some fronts than OpenAI’s Deep Research.
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China’s Manus Follows DeepSeek in Posing Challenge to US AI Lead
Some early users were enthusiastic about the product’s capabilities; others complained it took too long and crashed.
https://www.bloomberg.com/news/articles/2025-03-10/china-s-manus-challenges-us-tech-firms-in-race-to-build-ai-agents
8 months ago
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Philippine authorities have uncovered a network of hundreds of alleged Chinese spies, a senior official said, a much more extensive operation than previously disclosed that adds to tensions between the countries.
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Philippines Probing Network of Hundreds of Alleged Chinese Spies
Philippine authorities have uncovered a network of hundreds of alleged Chinese spies, a senior official said, a much more extensive operation than previously disclosed that adds to tensions between th...
https://www.bloomberg.com/news/articles/2025-03-07/philippines-probing-network-of-hundreds-of-alleged-chinese-spies?srnd=homepage-americas
8 months ago
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US prosecutors charged ten Chinese citizens and two government agents for computer hacks that targeted dissidents, religious groups, news outlets and American government agencies.
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US Says China Paid Hackers to Target Critics, Steal Data
US prosecutors charged ten Chinese citizens and two government agents for computer hacks that targeted dissidents, religious groups, news outlets and American government agencies.
https://www.bloomberg.com/news/articles/2025-03-05/us-charges-chinese-cyber-company-staff-officials-with-hacking
8 months ago
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Microsoft says Chinese hacking group Silk Typhoon is targeting remote management tools and cloud applications to spy on companies and organizations in the US and abroad.
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Microsoft Warns of Chinese Hackers Spying on Cloud Technology
Microsoft Corp. warned that an advanced Chinese hacking group is waging a campaign of supply-chain attacks.
https://www.bloomberg.com/news/articles/2025-03-05/microsoft-warns-of-chinese-hackers-spying-on-cloud-technology
8 months ago
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China banned the import of Illumina gene-sequencing machines as part of a wave of retaliatory measures against fresh US tariffs on all Chinese goods, deepening the US company’s woes in one of its key markets.
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China Bans Imports of Illumina DNA Machines in US Retaliation
China banned the import of Illumina Inc. gene-sequencing machines as part of a wave of retaliatory measures against fresh US tariffs on all Chinese goods, deepening the US company’s woes in one of its...
https://www.bloomberg.com/news/articles/2025-03-04/china-bans-imports-of-illumina-dna-sequencing-machines
8 months ago
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Singapore is investigating whether Dell and Super Micro servers shipped to Malaysia housed Nvidia chips barred from China, outlining a case that’s highlighted the role of middlemen in funneling high-end semiconductors.
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Singapore Probes Potential Fraud in Nvidia AI Chip Shipments
Singapore is investigating whether Dell Technologies Inc. and Super Micro Computer Inc. servers shipped to Malaysia housed Nvidia Corp. chips barred from China, outlining a case that’s highlighted the...
https://www.bloomberg.com/news/articles/2025-03-03/singapore-probes-potential-fraud-in-nvidia-ai-chip-shipments
9 months ago
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Chinese startup Zhipu raised more than $140 million in a financing round led by local government-backed firms, underscoring the growing interest in domestic AI following DeepSeek’s ascent.
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Alibaba-Backed Zhipu Raises $140 Million as DeepSeek Heats Up AI
Chinese startup Zhipu raised more than 1 billion yuan ($140 million) in a financing round led by local government-backed firms, underscoring the growing interest in domestic AI following DeepSeek’s as...
https://www.bloomberg.com/news/articles/2025-03-03/alibaba-backed-zhipu-raises-140-million-as-deepseek-heats-up-ai?srnd=homepage-americas
9 months ago
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Apple has signed an agreement with Indonesia to invest in the country, paving the way for sales of the iPhone 16 to resume in Southeast Asia’s largest nation.
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Indonesia Reaches Pact With Apple, Signaling End for iPhone Ban
Apple Inc. has signed an agreement with Indonesia to invest in the country, paving the way for sales of the iPhone 16 to resume in Southeast Asia’s largest nation.
https://www.bloomberg.com/news/articles/2025-02-26/indonesia-reaches-pact-with-apple-signaling-end-for-iphone-ban?srnd=homepage-americas
9 months ago
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Donald Trump’s administration is sketching out tougher versions of US semiconductor curbs and pressing allies to raise restrictions on China’s chip industry, an early indication the new US president plans to expand efforts to limit Beijing’s technological prowess.
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Trump Team Seeks to Toughen Biden’s Chip Controls Over China
Donald Trump’s administration is sketching out tougher versions of US semiconductor curbs and pressuring key allies to escalate their restrictions on China’s chip industry, an early indication the new...
https://www.bloomberg.com/news/articles/2025-02-25/trump-administration-seeks-more-restrictions-on-china-tech-weighs-nvidia-curbs?srnd=homepage-americas
9 months ago
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Elon Musk’s SpaceX is seeking to deploy Starlink satellite internet terminals to help accelerate an upgrade of the networks that support the US Federal Aviation Administration’s national airspace system, according to people familiar with the matter.
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Musk Seeks to Install Starlink Terminals in US Airspace Network
Elon Musk’s SpaceX is seeking to deploy Starlink satellite internet terminals to help accelerate an upgrade of the information technology networks that support the US Federal Aviation Administration’s...
https://www.bloomberg.com/news/articles/2025-02-25/musk-seeks-to-install-starlink-terminals-in-us-airspace-network?srnd=homepage-americas
9 months ago
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Microsoft has begun canceling leases for a substantial amount of datacenter capacity in the US, a move that may reflect concerns about whether it’s building more AI computing than it will need over the long term, TD Cowen said in a report.
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Microsoft Cancels Leases for AI Data Centers, Analyst Says
Microsoft Corp. has begun canceling leases for a substantial amount of datacenter capacity in the US, a move that may reflect concerns about whether it’s building more AI computing than it will need o...
https://www.bloomberg.com/news/articles/2025-02-24/microsoft-cancels-leases-for-ai-data-centers-analyst-says
9 months ago
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Chinese scientists have discovered a new bat-borne coronavirus, HKU5-CoV-2, which can enter human cells using the same receptor as Covid-19. The virus has not yet infected humans, but lab experiments suggest it may be capable of cross-species transmission.
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Why a New Bat Coronavirus in China Is Raising Concern
Scientists at China’s Wuhan Institute of Virology recently reported the discovery of another bat-borne coronavirus, HKU5-CoV-2, which is capable of entering cells using human ACE2 — the same receptor ...
https://www.bloomberg.com/news/articles/2025-02-24/hku5-cov-2-what-is-new-bat-virus-similar-to-covid-19-could-pandemic-happen
9 months ago
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Russia state-aligned hackers have compromised accounts on the Signal messaging service by exploiting the app’s device-linking feature, according to Google’s Threat Intelligence Group.
www.bloomberg.com/news/newslet...
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Russia Targets Ukrainian Signal Users With Simple Hack
https://www.bloomberg.com/news/newsletters/2025-02-21/russia-targets-ukrainian-signal-users-with-simple-hack
9 months ago
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Alibaba has pledged to invest more than $53 billion on AI infrastructure such as data centers over the next three years, a major commitment that underscores the e-commerce pioneer’s ambitions of becoming a leader in artificial intelligence.
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Alibaba to Spend $53 Billion on AI Infrastructure in Big Pivot
Alibaba Group Holding Ltd. has pledged to invest more than 380 billion yuan ($53 billion) on AI infrastructure such as data centers over the next three years, a major commitment that underscores the e...
https://www.bloomberg.com/news/articles/2025-02-24/alibaba-to-spend-53-billion-on-ai-infrastructure-in-big-pivot
9 months ago
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Three Chinese warships have been spotted in international waters off the coast of Sydney, in a rare show of military might that will likely test diplomatic ties between Canberra and Beijing.
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Chinese Warships Sail Off Coast of Sydney, Testing Australia
Three Chinese warships have been spotted in international waters off the coast of Australia’s largest city, Sydney, in a rare show of military might that will likely test diplomatic ties between Canbe...
https://www.bloomberg.com/news/articles/2025-02-19/chinese-warships-sail-off-coast-of-sydney-testing-australia?srnd=homepage-asia
9 months ago
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Resonac is studying deal structures for a possible acquisition of government-owned chip linchpin JSR, a key step in the chemicals maker’s ambition to corner the Japanese AI semiconductor materials market.
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Resonac Explores Deal Structures for Possible JSR Takeover
Resonac Holdings Corp. is studying deal structures for a possible acquisition of government-owned chip linchpin JSR Corp., a key step in the chemicals maker’s ambition to corner the Japanese AI semico...
https://www.bloomberg.com/news/articles/2025-02-19/resonac-s-ceo-explores-deal-structures-for-possible-jsr-takeover
9 months ago
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Mira Murati, the former chief technology officer at OpenAI, has joined forces with several executives who worked at the ChatGPT maker to launch Thinking Machines Lab, a new artificial intelligence startup.
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Former OpenAI CTO Murati Unveils Plans for New AI Startup
Thinking Machines Lab has more than a dozen employees who previously worked at the ChatGPT maker.
https://www.bloomberg.com/news/articles/2025-02-18/former-openai-cto-murati-unveils-plans-for-new-ai-startup
9 months ago
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How Temu's Online Dollar Store Became a Trade War Target
www.bloomberg.com/features/202...
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How Temu’s Online Dollar Store Became a Trade War Target
Millions of people love the Chinese shopping app. Trump doesn’t appear to be one of them.
https://www.bloomberg.com/features/2025-temu-tariffs-trade-war/
9 months ago
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Why China Investors Finally Believe Xi’s Tech Crackdown Is Over
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Why China Investors Finally Believe Xi’s Tech Crackdown Is Over
Even before President Xi Jinping met with leading Chinese entrepreneurs on Feb. 17, investors began piling into technology shares, betting that a years-long crackdown on the private sector was at an e...
https://www.bloomberg.com/news/articles/2025-02-17/china-investors-are-starting-to-believe-xi-tech-crackdown-is-over?utm_source=website&utm_medium=share&utm_campaign=copy
9 months ago
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Chinese President Xi Jinping presided over a meeting with Alibaba co-founder Jack Ma and other prominent entrepreneurs, signaling Beijing’s support for the private sector after years of turmoil.
www.bloomberg.com/news/article...
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Xi Jinping Attends Meeting With Chinese Private Sector Leaders
Chinese President Xi Jinping presided over a meeting with Alibaba co-founder Jack Ma and other prominent entrepreneurs on Monday, signaling Beijing’s support for the private sector after years of turm...
https://www.bloomberg.com/news/articles/2025-02-17/xi-jinping-attends-meeting-with-chinese-private-sector-leaders?srnd=homepage-americas
9 months ago
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Apple and Google are restoring TikTok to their app stores following assurances from the Trump administration that a ban wouldn’t immediately be enforced.
www.bloomberg.com/news/article...
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Apple to Restore TikTok to US App Store Following Justice Department Letter
Apple Inc. and Alphabet Inc.’s Google are restoring ByteDance Ltd.’s TikTok to their app stores on Thursday following assurances in a letter from US Attorney General Pam Bondi that a ban wouldn’t imme...
https://www.bloomberg.com/news/articles/2025-02-14/apple-to-restore-tiktok-to-us-app-store-following-justice-department-letter
9 months ago
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reposted by
Mark Anderson
Alberto Nardelli
9 months ago
The price of peace in Europe: political will and $3 trillion
www.bloomberg.com/news/feature...
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Trump’s Ukraine Plans Mean a $3 Trillion Bill for European Allies
Whatever the US president decides is his goal for Ukraine, one thing is clear: Europe isn’t ready to shoulder its huge share of the burden.
https://www.bloomberg.com/news/features/2025-02-12/trump-s-new-plan-to-end-the-russia-ukraine-war-might-break-europe
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Donald Trump signed an executive order rolling back enforcement of a law banning US companies from bribing foreign officials. The Foreign Corrupt Practices Act has been used to impose steep fines on companies including Glencore and Goldman Sachs.
www.bloomberg.com/news/article...
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Trump to Loosen Enforcement of US Law Banning Overseas Bribes
President Donald Trump signed an executive order rolling back enforcement of a law that bars US companies from bribing foreign officials, arguing that the restriction puts American firms at a disadvan...
https://www.bloomberg.com/news/articles/2025-02-10/trump-to-loosen-enforcement-of-us-law-banning-overseas-bribes
9 months ago
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Chinese startups and tech titans vying to become the next AI champion:
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The DeepSeek Competitors Vying to Be China’s Next AI Champion
The next DeepSeek to disrupt the global artificial intelligence industry could also come from China.
https://buff.ly/4jOFfo0
9 months ago
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Chinese hackers gained access to US infrastructure including a water utility in Hawaii, a port in Houston and an oil-and-gas facility. Officials believe the intrusions could be aimed at impeding Washington's ability to respond to an invasion of Taiwan.
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How Chinese Hackers Graduated From Clumsy Corporate Thieves to Military Weapons
Massive “Typhoon” cyberattacks on U.S. infrastructure and telecoms sought to lay the groundwork for potential conflict with Beijing, as intruders gathered data and got in position to impede response…
https://buff.ly/3DCFceo
10 months ago
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China plans to tighten export restrictions on certain technology used to make battery components and the processing of two crucial metals. Beijing controls nearly 85% of global battery cell production capacity.
www.bloomberg.com/news/article...
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China Plans Export Curbs on Battery Parts, Mineral Technology
China plans to tighten export restrictions on certain technology used to make battery components and the processing of two crucial metals amid rising trade tensions globally.
https://www.bloomberg.com/news/articles/2025-01-02/china-plans-export-curbs-on-battery-parts-mineral-technology?utm_source=website&utm_medium=share&utm_campaign=copy
11 months ago
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