Technology

  Bloomberg Huawei Technologies Co.’s earnings grew at their slowest pace in five years, as China’s biggest maker of telecommunications gear sank money into research and a marketing blitz to gain ground on Apple and Samsung in smartphones. Huawei, founded by former army engineer Ren Zhengfei three decades ago, has emerged as one of China’s most recognizable consumer brands. A ...

  NEW YORK / AP YouTube TV, Google’s new streaming package of about 40 television channels, is the tech industry’s latest bid to get cable-shunning millennials to pay for live TV over the internet. It offers intriguing advantages over rivals, but it remains hobbled by a limited channel selection. Don’t confuse the YouTube service, with Netflix, Amazon Prime and other ...

  Bloomberg Facebook Inc. has increased the number of its African users to 170 million and plans to expand further by adding wifi hotspots and laying fiber-optic cables in a bid to spread its reach outside of developed markets. The figure is 42 percent higher than when the US social network first opened an African office in 2015, Carolyn Everson, ...

  LONDON / AP Britain’s High Court ruled that it can decide what mobile phone manufacturers should pay to use patented technology that is essential to make mobile networks function. In a case that helps clarify how patents are handled in the telecoms industry, Justice Colin Birss ruled that neither of the parties in the case had made a “fair, ...

    Bloomberg Yunfeng Financial Group Ltd., the financial services company backed by Alibaba-billionaire Jack Ma, has created a robo-advisor application to manage the wealth of regular Chinese and Hong Kong investors, a segment traditionally neglected by banks and financial institutions. The service — called Youyu — targets anyone who has a bank account in Hong Kong with at least ...

  Bloomberg It was Amazon that drove America’s warehouse operators into the robot business. Quiet Logistics, which ships apparel out of its Devens, Mass., warehouse, had been using robots made by a company called Kiva Systems. When Amazon bought Kiva in 2012, Quiet hired scientists. In 2015 it spun out a new company called Locus Robotics, which raised $8 million ...

  Bloomberg Venture capitalists have more cash on hand to invest than ever before, but private technology firms are seeing a shrinking share of the pie. “Tech privates continue to lead the total VC investment landscape, but other primary verticals such as healthcare, consumer, financials, industrials and energy continue to occupy roughly 40 percent of VC investment,’’ Goldman Sachs Group ...

  Bloomberg Spotify Ltd. struck a long-term licensing deal for songs from Vivendi SA’s Universal Music Group, the world’s biggest record label, agreeing to limit free play on some new albums. Universal artists including Taylor Swift will be able to offer new albums to paid subscribers only for two weeks, with singles available on the free service, the companies said ...

  Bloomberg South Korea is famous as a high-tech powerhouse, from Samsung’s smartphones, the world’s fastest internet connection speed and world-beating innovation. And while presidential hopefuls are laying out plans to develop new technology to drive the economy over the next five years, here is a reality check: the advantage of Korean companies over their Chinese competitors is closing fast. ...

  Bloomberg The US administration began to deliver on President Donald Trump’s campaign promise to crack down on a work visa program that channels thousands of skilled overseas workers to companies across the technology industry. Fed up with a program it says favours foreign workers at the expense of Americans, the Trump administration rolled out a trio of policy shifts. ...