NEWS & MEDIA
MAY20

2025

‘Fortnite’ Returns to Apple App Store After Four-Year Battle

Epic Games Inc.’s hit game Fortnite has returned to Apple Inc.’s App Store in the US after more than four years, following a fierce legal battle between the two companies.

MAY20

2025

AI PCs Still Year or Two From Fulfilling Promise, Asus CEO Says

The new crop of artificial intelligence-powered PCs will take until 2026 or later to drive the market forward, according to Asustek Computer Inc. co-Chief Executive Officer Samson Hu.

MAY20

2025

Kalshi Pulls Announcement of xAI Tie-Up Hours After Touting Deal

Kalshi Inc. withdrew announcements about a collaboration with Elon Musk’s artificial-intelligence firm xAI just hours after a top executive at the prediction markets firm touted the deal.

MAY20

2025

Wolfspeed Put Options Surge Before Report on Bankruptcy Plans

Traders ramped up bearish bets Tuesday on Wolfspeed Inc., before the Wall Street Journal reported after regular market hours that the ailing chip component maker is preparing to file for bankruptcy protection within weeks.

MAY20

2025

Match Group Acquires ‘Her’ Dating App for Queer Women

Match Group has added ‘Her,’ a dating app for queer women, to its portfolio, Match Chief Executive Officer Spencer Rascoff said in a post on Linkedin.

MAY20

2025

2025 Qatar Economic Forum Day One Highlights

Highlights from day one of the 2025 Qatar Economic Forum, Powered by Bloomberg. World leaders and international CEOs share unique perspectives on how the global economy is transforming in Doha, Qatar. (Source: Bloomberg)

MAY20

2025

Oil Rises on Israel-Iran Report, Stock Futures Dip: Markets Wrap

Oil rose and US stock-index futures edged lower after a CNN report that US intelligence had suggested Israel is making preparations for a possible strike on Iranian nuclear facilities.

MAY20

2025

Oil Surges on Report That Israel Is Preparing to Strike Iran

Oil jumped on a report from CNN that US intelligence suggests Israel is making preparations to strike Iranian nuclear facilities.

MAY20

2025

Asus Co-CEO on Tariffs Impact, AI

Asus Co-CEO Samson Hu says the company anticipates raising prices by 5-10% due to US tariff policy and the costs of supply chain diversification. Speaking with Bloomberg News' Annabelle Droulers on the sidelines of Computex Taipei 2025, Hu also stated that he foresees it will be another one to two years before AI driven upgrade cycle will take hold. (Source: Bloomberg)

MAY20

2025

New Fortress Energy Disqualified From Puerto Rico Power Auction

New Fortress Energy has been disqualified from an auction held by the Puerto Rican government to secure temporary power generation, the latest setback for billionaire Wes Edens’ troubled company.

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