All posts tagged: Bloomberg

SK Hynix considering 0.5% fee payout in ADR offering, Bloomberg News reports

SK Hynix considering 0.5% fee payout in ADR offering, Bloomberg News reports

Published by Sam Flores

July 4 : SK Hynix is considering paying about 0.5 per cent of the proceeds from its U.S. listing  to banks working on the deal, Bloomberg News reported on Saturday citing people familiar with the matter.  • The South Korean chipmaker has indicated it could issue up to 2.5 per cent of its outstanding shares, although the final size of the offering has not been determined, the report said. • SK Hynix may also pay discretionary incentives on top of the base underwriting fee, the report added. • The world’s second-largest memory chipmaker will kick off its ADR book building process on July 6 and determine the final offer price on July 9 ahead of its Nasdaq debut the following day. • SK Hynix declined a Reuters request for comment. • Citigroup, one of the banks leading the share sale, declined to comment on Saturday. The other banks leading the transactions Goldman Sachs , JPMorgan and Bank of America did not immediately respond to a Reuters request for comment outside regular business hours. • Last month, the …

2026 iMac Rumored to Come in New Colors

2026 iMac Rumored to Come in New Colors

Published by Miika Tikkanen

Apple’s upcoming 2026 iMac will be available in a refreshed selection of colors, Bloomberg‘s Mark Gurman reports. In today’s “Power On” newsletter, Gurman said that the next ‌iMac‌ will feature a new selection of colors. This could be the first true refresh of the device’s color options in five years. The ‌iMac‌ redesign introduced in 2021 uses a distinctive two-tone color design, where the color appears differently on the front and back of the machine. The rear aluminum enclosure and stand use a bold, saturated version of the chosen color, making the machine visually striking when seen from behind. By contrast, the front chin below the display features a much lighter, pastel version of the same color, intended to reduce distraction while using the screen. The display bezel itself remains white on all models. The M1 ‌iMac‌ was available in seven colors: Blue, Green, Pink, Yellow, Orange, Purple, and Silver. These were unchanged with the M3 version of the device in 2023. In 2024, Apple refreshed the look of the colors slightly. While the same …

SEC probe involving AppLovin still active, Bloomberg News reports

SEC probe involving AppLovin still active, Bloomberg News reports

Published by Sam Flores

Feb 20 : The U.S. Securities and Exchange Commission’s investigation into marketing platform AppLovin is continuing, Bloomberg News reported on Friday. Bloomberg had in October reported that the SEC was probing allegations that AppLovin violated platform partners’ service agreements to push more targeted advertising to consumers. The SEC declined to release documents related to the AppLovin probe when requested by Bloomberg. When appealed, the agency said that an “investigation involving AppLovin is still active and ongoing.” It did not share correspondence between staffers referencing AppLovin as it might “cause harm to the ongoing and active enforcement investigation,” the SEC said in a letter to Bloomberg on Friday. Individuals and entities relevant to the investigation could “fabricate evidence, influence witness testimony and/or destroy or alter certain documents,” according to the report. The correspondence might also reveal cooperating witnesses, the SEC said in its letter to Bloomberg. It has not specified the subject or scope of the investigation nor has it accused AppLovin or its officials of wrongdoing. Reuters could not independently verify the report. The U.S. …