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Paraguay all set to keep ruling party in presidency

Bloomberg With Paraguay’s economy booming, this Sunday’s elections are less about policies and more about the candidates and their parties. In terms of growth, this landlocked country — roughly the size of California — is one of the few bright spots in Latin America in recent years. Barring an upset, Mario Abdo Benitez, a 46-year old former senator whose father ...

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Merkel may have met a match in SPD’s Nahles

Bloomberg Angela Merkel has enjoyed a relatively painless start to her fourth term in office. That could be about to change with the German leader’s Social Democrat coalition partners poised to elect a combative one-time party rebel as their leader. Andrea Nahles, who made her mark as a rabble-rousing opponent of former SPD Chancellor Gerhard Schroeder’s labour reforms, is slated ...

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McDonnell woos past enemies for UK Labour’s push for power

Bloomberg John McDonnell, self-proclaimed enemy of capitalism and the man who would be chancellor of the exchequer, took pride in sowing dissent. He’s such a serial rebel that he used to produce his own version of the Budget as a rank-and-file lawmaker when the Labour Party was in power. In opposition, he and now-leader Jeremy Corbyn, undermined their bosses by ...

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Scooter apps face regulatory bump in US cities

Bloomberg Bird, a startup that deploys electric scooters with location trackers on city sidewalks and rents them through an app, trumpeted two weeks ago that it was bringing its service to San Francisco. The company, run by a former honcho at both Uber Technologies Inc. and Lyft Inc., said it was determined to make sure everything went smoothly with city ...

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Cisco adds AI tools, devices to WebEx chat offerings

Bloomberg Cisco Systems Inc., the biggest maker of the gear companies use to connect employees, said it’s expanding the use of artificial intelligence in its online collaboration and video-conference products to make meetings more useful and efficient. Menial tasks such as scheduling, taking notes and following up on requests will be taken care of by machines in the future, according ...

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Smart Solutions launches TA Triumph-Adler in UAE

DUBAI / Emirates Business Smart Solutions and IT Technology (SSIT), the region’s leading one-stop shop for office automation solutions and part of the Al Ahlia Group, is delighted to introduce an extensive range of TA Triumph-Adler products to the UAE market. TA Triumph-Alder’s tailor-made document and output management software solutions are designed to deliver the highest levels of quality, reliability, ...

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Facebook builds team to design its own chips

Bloomberg Facebook Inc. is building a team to design its own semiconductors, adding to a trend among technology companies to supply themselves and lower their dependence on chipmakers such as Intel Corp. and Qualcomm Inc., according to job listings and people familiar with the matter. The social media company is seeking to hire a manager to build an “end-to-end SoC/ASIC, ...

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Former Yahoo CEO Mayer creates tech startup incubator

Bloomberg Former Yahoo Chief Executive Officer Marissa Mayer is starting a technology business incubator, Lumi Labs, with longtime colleague Enrique Munoz Torres. The venture will focus on consumer media and artificial intelligence, according to the company’s website, which is set against a backdrop of snow-covered peaks. Lumi means snow in Finnish, Mayer told the New York Times, which reported the ...

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Facebook spends record $3.3mn on lobbying in Q1

Bloomberg Facebook Inc. set a lobbying record in the first three months, just as an uproar flared up the leak of data on millions of users’ without their permission. The company spent $3.3 million, according to disclosures filed with the government, up from the $3.21 million it spent in the same period a year earlier, which represented the company’s prior ...

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AT&T, Verizon face US probe over mobile tech

Bloomberg AT&T Inc. and Verizon Communications Inc. are under investigation by US antitrust officials over whether the companies colluded to make it tougher for consumers to switch wireless carriers, according to three people familiar with the matter. Apple Inc., a pioneer in the eSIM technology that makes switching easier, was joined by other equipment makers in complaining to the government ...

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