Technology

Bloomberg Corporate chatroom startup Slack Technologies Inc. has received recent inquiries about a potential takeover from technology companies including Amazon.com Inc., people with knowledge of the situation said, a deal that would be the internet-commerce giant’s biggest ever. San Francisco-based Slack could be valued at at least $9 billion in a sale, the people said. An agreement isn’t assured and ...

Abu Dhabi / Emirates Business LG’s latest appliance wants to partially replace the chef in your house and give you and your family precious time back. Family, food, culture, heritage and traditions are of central focus during the holy month of Ramadan and now with smart appliances, homemakers are able to take advantage of new technology to prepare meals that ...

Bloomberg SoftBank Group Corp. is taking over Google parent Alphabet Inc.’s robot dreams, buying Boston Dynamics to pursue a future when more machines intermingle with humans. As part of the transaction with Alphabet, SoftBank also agreed to buy Japanese bipedal robotics company Schaft. Terms of the deal weren’t disclosed. Boston Dynamics, bought by Google in 2013 as part of a ...

Bloomberg Back in 1972, engineers working at Osram Licht AG set their sights on developing applications for infrared. The unit of Siemens AG in southeastern Germany went on to develop an expertise in the light, used in night-vision equipment and galaxy-gazing telescopes. Almost half a century later, Osram is a stand-alone lighting company and infrared is one of its fastest-growing ...

Bloomberg Digital Realty Trust Inc. agreed to buy DuPont Fabros Technology Inc. for about $4.95 billion in stock, a deal that would add to its data-center properties in areas such as California’s Silicon Valley. Investors in Washington-based DuPont Fabros will get 0.545 Digital Realty shares for each of their shares, the real estate investment trusts said in a statement Friday. ...

Bloomberg Verizon Corp., AT&T Inc. and the rest of the US wireless industry have a big boast for this year’s crop of smartphones: thanks to network upgrades, devices will be able to download as much as a gigabit of data in a single second — speeds 100 times faster than before. But that won’t be the case for Apple Inc.’s ...

Bloomberg Apple Inc. is already in your pocket, on your desk and underneath your television. Soon, a device embossed with “Designed by Apple in California” may be on your nightstand or kitchen counter as well. The iPhone-maker has started manufacturing a long-in-the-works Siri-controlled smart speaker, according to people familiar with the matter. Apple could debut the speaker as soon as ...

Bloomberg BlackBerry Ltd. shares reached their highest price in more than two years after short-seller Citron Research said the company was a likely target for a buyout at a high premium. The stock gained 7.9 percent to $11.40 at 1:20 p.m. in New York, after earlier hitting $11.74, the highest intraday price since January 2015. Citron recommends investors buy shares, ...

Bloomberg SoftBank Group Corp. is in discussions with potential investors in Canada and the Middle East to raise $7 billion of additional capital for its technology fund, according to people familiar with the matter. The Japanese company is in talks with Canadian pension funds, sovereign wealth funds in Kuwait and Qatar and technology companies, the people said, asking not to ...

Bloomberg Cloudflare Inc. hired Symantec Corp.’s former chief financial officer to fill the same role at the network security company as it prepares for an initial public offering. Thomas Seifert will join San Francisco-based Cloudflare, according to the company. After considering about 30 candidates over a two-and-a-half year search process, Seifert was the first person Cloudflare made a formal offer ...