Technology

Bloomberg Netmarble Games Corp. rose as investors pursuing a high-growth alternative to traditional industry piled into South Korea’s biggest coming-out party in seven years. Shares in the mobile game developer and publisher ended 3.2 percent higher at 162,000 won in Seoul, after rising as high as 9.2 percent above the initial public offering price. The company now has a market ...

  Bloomberg Facebook Inc. executives tried to temper investor exuberance about sales-growth prospects, repeating a warning that there’s a limit to the number of ads it can show on its social network. On a conference call following its first-quarter earnings report, the company said it expects revenue growth to be down “meaningfully” after it stops increasing the frequency of marketing ...

  Sharjah / WAM A mile away from where Google builds the maps used by people around the world, a 25-person startup is trying to do something similar for robots. DeepMap Inc., which was founded by mapping veterans of Alphabet Inc., is building systems enabling self-driving cars to steer through complex cityscapes. DeepMap plans to license its map-building software to automakers ...

Bloomberg Robert Bosch GmbH has won orders from Apple Inc. to supply the next iPhone with some of its motion sensors, according to a person familiar with the deal, a potential blow to InvenSense Inc., currently the main supplier of those smartphone components. The change — hinted at by InvenSense’s finance chief in August — comes as the San Jose, ...

  Bloomberg Apple Inc. cut off billions of dollars in payments to Qualcomm Inc., turning a contract dispute into what one analyst called an “all-out war” that forced the chip supplier to slash forecasts given only days ago. The world’s largest publicly-traded technology company and one of the main suppliers of components to the iPhone, its most important product, have ...

  Bloomberg Cyberattacks involving ransomware — in which criminals use malicious software to encrypt a users’ data and then extort money to unencrypt it — increased 50 percent in 2016, according to a report from Verizon Communications Inc. And criminals increasingly shifted from going after individual consumers to attacking vulnerable organizations and businesses, the report said. Government organizations were the ...

  Bloomberg After seven months of work, the biggest digital advertising companies think they have a solution to the existential threat of consumers blocking online ads. Google, the biggest player in this world, is at the center of the plan, although the company and its partners are keen to present the initiative as a group effort. The Coalition for Better ...

  Bloomberg After revolutionizing phones, Apple Inc. is testing self-driving cars and exploring augmented reality. Recent hires suggest the company is now also looking to the skies. The iPhone maker has recruited a pair of top Google satellite executives for a new hardware team, according to people familiar with the matter. John Fenwick, who led Google’s spacecraft operations, and Michael ...

  Bloomberg Western Digital Corp. said it’s in talks with Japanese government-backed investment funds as it tries to win a battle for Toshiba Corp.’s flash memory unit. The San Jose, California-based maker of storage media has held discussions with Innovation Network Corp. of Japan and Development Bank of Japan Inc. about options for a bid, said Mark Long, Western Digital’s ...

  Bloomberg Qualcomm Inc., the biggest maker of chips used in mobile phones, said a push into new markets such as automotive and connected devices bolstered sales in the second quarter, helping relieve concerns that growth will be hurt by legal challenges in its licensing business. Adjusted sales and profit topped analysts’ estimates in the period that ended in March. ...