Billionaire divorces

Some of South Korea’s biggest companies may be affected by a pair of high-profile divorces. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

Here’s your wrap of the latest must-read tech news. For more expansive and analytical coverage from around the globe, get the Tech In Depth newsletter. Market Snapshot ASML Holding NV €1,510.60 +0.7% Lenovo Group Ltd HK$30.36 -6.2% S&P 500 futures 7,697.50 -0.3% Market data as of 05:31 AM ET. Data is subject to provider delays. Your watchlist Top Stories Europe’s youngster: French AI startup Mistral nearly doubled its valuation to more than €21 billion in its latest round. Samsung led the €3 billion funding. Europe’s elder: Enterprise software specialist SAP, not long ago the most valuable European company, is navigating the impact of AI on its current and future business. CEO Christian Klein tells Bloomberg that “pressure is at its highest.” Europe’s best: ASML, the Dutch supplier of peerless chip lithography machines, has secured TSMC and Samsung as customers for its latest and priciest systems. The new machines cost as much as $400 million apiece. Top Reads Ad Firms Threatened by AI and Tight Budgets Expect Brighter 2027 Advertising firms on both sides of the Atlantic are dealing with the threat of artificial intelligence and ever-tighter marketing budgets, though prospects are brightening for the beleaguered sector. Amazon Hires Banks for Debut Sterling Bond Offering Amazon.com Inc. mandated banks for a debut sterling bond sale, with the deal expected to launch as soon as Wednesday, as hyperscalers keep raising debt across the globe to fund the artificial intelligence buildout. Anthropic Said to Walk Away From $6 Billion Decart Purchase Anthropic PBC has decided against acquiring artificial intelligence startup Decart AI, people familiar with the matter said. Beyond The Brief South Korea’s tech-driven boom in recent years hasn’t been without its friction, and two high-profile divorces are taking center stage in national debate right now, Yoolim Lee writes for today’s Tech In Depth. The chairman of SK Hynix and the founder of Smilegate are both in legal tussles over how to split up their wealth with former spouses, which may reverberate across public and private holdings. Before You Go... Standard Chartered Ends Liverpool FC Shirt Deal After 17 Seasons Standard Chartered Plc will no longer be the front-of-shirt sponsor of Liverpool FC, bringing an end to a 17-season arrangement that created one of football’s most recognizable partnerships. Read more We’re improving your newsletter experience and we’d love your feedback. If something looks off, help us fine-tune your experience by reporting it here. Follow Us You received this message because you are subscribed to Bloomberg’s Tech In Brief newsletter. If a friend forwarded you this message, sign up here to get it in your inbox. Unsubscribe Bloomberg.com Contact Us Bloomberg L.P. 731 Lexington Avenue New York, NY 10022 |