Bloomberg Samsung Electronics Co’s Galaxy Fold was on sale in its home market of South Korea, following a months-long delay caused by the discovery of a severe defect in the original design. The Galaxy Fold, a $1,980 luxury Android device that opens like a book, was originally scheduled to go on sale in April, but it was delayed after multiple ...

Bloomberg Momo Inc’s shares slid by their most in a month after China’s technology industry overseer began an inquiry into how its Zao face-swapping app handles user data. The stock slid 6.6 percent after the Ministry of Industry and Information Technology responded to an online outcry about privacy terms involving the app, which went viral in the world’s biggest smartphone ...

Bloomberg Amazon.com Inc announced a new lineup of televisions running its smart Fire TV operating system, including the first sets it has sold in Europe. The retail and technology giant says it’s working with manufacturers and retail partners to bring more than 15 Fire TV devices to market over the next year. They include JVC-branded TVs bound for Currys PC ...

Bloomberg Consumers are worried machines by Amazon and Google are eavesdropping on them at home, but that’s not stopping purchases. Despite increasing concerns about “passive listening” and privacy risks, more people are buying smart speakers like Amazon.com Inc’s Echo and the Google Home, according to a Capgemini Research Institute report. Almost half of the survey’s 12,000 respondents who live in ...

Bloomberg A Chinese oil contractor halted work on an expansion project in Venezuela because it hasn’t been paid, underscoring the difficulties for the Nicolas Maduro regime even at energy ventures backed by allies. China Huanqiu Contracting and Engineering Corporation, an affiliate of government-run China National Petroleum Corp., (CNPC) notified the Sinovensa joint venture it has suspended work to expand a crude ...

Bloomberg An Indian state-owned refiner is mulling purchase of American oil from Chinese sellers offering cargoes that would be hit by new tariffs on US supplies. Bharat Petroleum Corp. is looking for opportunities to buy some US crude diverted from their original destination of China, according to Refineries Director R. Ramachandran. He said the previously-reported purchase of up to two ...

Bloomberg The Trump administration has launched a multipronged legal assault on an agreement California struck with four carmakers in defiance of the president’s plan to ease national standards on tailpipe emissions. Lawyers from the Transportation Department and Environmental Protection Agency sent a letter to California’s top air-pollution regulator, urging the state to abandon its pact with the automakers and warning ...

Bloomberg Novo Nordisk A/S will offer new US discounts for its insulin drugs NovoLog, Tresiba, and Levemir, joining other pharmaceutical companies that have announced enhanced discounts after public criticism over high prices. In a statement, the Danish insulin maker said it would start a new cash discount programme for the insulins that will allow many American patients to buy a ...

Bloomberg Carbonite Inc, a provider of data protection services, is exploring a sale after receiving takeover interest, according to people familiar with the matter. Its shares rose. The Boston-based company is working with a financial adviser, said the people, who asked to not be identified because the matter isn’t public. It has drawn interest from private equity, the people said. ...

Bloomberg As President Donald Trump dragged the brawl over his forecast for Hurricane Dorian into a sixth day, a US agency released a statement bolstering his account — prompting a scathing response from the leader of an agency union. Trump has repeatedly and defiantly continued to defend his assertion that Alabama was in Dorian’s path. He showed White House reporters ...