Bloomberg Android already powers most smartphones on earth. Now Google is placing its mobile operating system right inside cars, a bid to cement its core service in the auto industry as more technology sweeps in. Alphabet Inc.’s Google is showed off its next step in automotive software: an Android version of touchscreen car consoles and infotainment systems. It will host …
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Microsoft unveils new ‘Surface Pro’ to reverse sales drop
Bloomberg Microsoft Corp. unveiled a new version of its Surface Pro tablet and laptop combination device with more powerful chips and better battery life, updating an aging product with declining sales that hurt financial results last quarter. The Redmond, Washington-based company introduced the fifth version of the Surface Pro at an event in Shanghai, the first time it’s held the …
Read More »Broadcom, KKR to be bidders for Toshiba unit
Bloomberg Broadcom Ltd. and a group led by KKR & Co. are emerging as the two leading bidders for Toshiba Corp.’s semiconductor unit for second-round offers, according to people familiar with the matter. Broadcom, based in San Jose, California, is offering about 2.2 trillion yen ($20 billion) and would face simpler regulatory reviews than some rivals, said one of the …
Read More »Google eyes to catch Amazon in digital assistant race
Bloomberg Here is Google’s vision for the future of computing: As you drive home from work, you tell your car, “Ok, Google,†triggering the company’s Assistant. You order food, the digital helper handles the transaction and makes sure it’s ready when you arrive. Right now, Amazon.com Inc. and its Alexa digital assistant are closer to realizing that goal, having cut …
Read More »Robots with don’t-hurt-humans sensors hit small factories in US
Bloomberg Robots are everywhere. They’re stocking shelves, pruning trees, making cocktails, delivering room service. Now they’re even showing up for work in some of the smallest factories, in a boost for manufacturing in the US and a potential new threat to traditional production-line jobs. The robotics wave began sweeping into automobile and other plants decades ago, stopping short of shops …
Read More »Tech sector witnesses biggest annual inflows in 15 years
Bloomberg This year has been a big one for the technology sector, and now we’re getting data on just how quickly investors are piling into this already crowded area of the equity market. Investors ranging from institutional accounts to retail clients plowed about $1 billion into tech stocks during the past week, pus-hing inflows to the highest annualized pace in …
Read More »Subaru weighs Sweden’s Autoliv as camera supplier
Bloomberg Subaru Corp. is considering Autoliv Inc.’s stereo cameras for its driver-assist system as the Japanese automaker looks for options beyond a Hitachi Ltd. unit that has been a supplier for almost a decade, people with knowledge of the matter said. The company is evaluating both the suppliers’ prototypes for its EyeSight system when another upgrade is planned in 2020 …
Read More »Facebook fined $122mn for misleading EU over WhatsApp
Bloomberg Facebook Inc. was fined 110 million euros ($122 million) by the European Union for misleading regulators during a 2014 review of the WhatsApp messaging service takeover on the same day the EU threatened to heavily penalize Patrick Drahi’s Altice NV for implementing for a second time a deal before getting regulatory clearance. The European Commission won’t overturn approval for …
Read More »UK cyber cops face biggest test over ransomware
Bloomberg The malware campaign affected more than 200,000 computers in at least 150 countries, locking users out of systems at Chinese government agencies, Deutsche Bahn, automakers Nissan Motor Co. and Renault, logistics giant FedEx Corp., and hospitals around the world. As security experts gain the upper hand in containing the infection, police have begun the hunt for its creators. “The …
Read More »Qualcomm sues Apple’s contract manufacturers
Bloomberg Qualcomm Inc.’s battle with Apple Inc. is heating up as the chip company hauls assemblers of the iPhone into a US court on claims they are failing to pay patent royalties. Four Asian contract manufacturers, including Foxconn Technology Group and Pegatron Corp., aren’t complying with obligations to pay for the use of patented technology, according to a complaint Qualcomm …
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