Technology

BLOOMBERG  Apple Inc made Wall Street history as the first company with a market value over $3 trillion, the latest sign of big tech’s seemingly unstoppable dominance in equity markets. The iPhonemaker gained 2.3%, adding to a rally that’s added more than $983 billion to its size this year and leaving it roughly a half-trillion dollars above the next-largest company. ...

BLOOMBERG Twitter is imposing a temporary cap on the number of tweets that accounts can see each day, a move that sparked backlash from some users. Twitter owner Elon Musk tweeted that unverified users will be able to view as many as 600 posts daily while Twitter Blue subscribers can see 6,000 posts “to address extreme levels of data scraping” ...

BLOOMBERG  Apple Inc “coercively interrogated” retail employees about their pro-union sympathies and restricted the circulation of union flyers, a US labour board judge ruled, marking a victory for labor organisers at the world’s most valuable company. In a decision, a National Labor Relations Board (NLRB) judge wrote that Apple violated the rights of employees at its World Trade Center store ...

BLOOMBERG  Nvidia Corp’s stratospheric ascent has lured at least 100 more ESG funds in recent weeks, transforming the company into one of the most popular stocks among asset managers who integrate environmental, social and governance metrics into their investment strategies. There are now over 1,400 ESG funds directly holding Nvidia, according to data compiled by Bloomberg based on the latest ...

BLOOMBERG  Technology company executives Mark Zuckerberg and Sam Altman expressed support for government oversight of artificial intelligence (AI) after discussions with European Commissioner Thierry Breton. The commissioner said that he and Zuckerberg, chief executive officer of Meta Platforms Inc, were “aligned” on the EU’s regulation of artificial intelligence, which is now in final negotiations. They agreed on the bloc’s risk-based ...

BLOOMBERG Intel Corp said it plans to invest $4.6 billion to build a semiconductor assembly and test facility in western Poland, its latest project in the European Union as the bloc seeks to boost chip production amid rising geopolitical tensions. “With this investment today, and others in the EU, we’re excited to play a critical enabling point to building these ...

BLOOMBERG  Arm Ltd, the chip designer backed by SoftBank Group Corp, is in talks with potential strategic investors including Intel Corp to anchor what will be one of the largest initial public offerings of the year, people familiar with the matter said. UK-based Arm has held talks with other companies about participating in the IPO, according to the people, who ...

BLOOMBERG China should play a key role in shaping the artificial intelligence guardrails needed to ensure the safety of transformative new systems, OpenAI Inc’s Chief Executive Officer Sam Altman said. “With the emergence of the increasingly powerful AI systems, the stakes for global cooperation have never been higher,” Altman, whose company kick-started an AI frenzy in China with last year’s ...

BLOOMBERG  Apple Inc will charge an eye-popping $3,499 for its long-awaited mixed-reality headset, testing whether consumers are ready to spend big bucks on a technology that the company sees as the future of computing. The iPhonemaker unveiled the new Vision Pro headset at its annual Worldwide Developers Conference, the culmination of more than seven years of development. Introduced with Steve ...

BLOOMBERG PC makers from Lenovo Group Ltd to Samsung Electronics Co are pinning their hopes for reviving laptop sales on upgraded displays. At the Computex show in Taiwan, every major local electronics brand showed off new laptop models with OLED displays, the same technology used in smartphones. Asustek Computer, Acer Inc, Gigabyte Technology Co and Micro-Star International Co all expanded ...