Technology

Google’s ad tech rivals seize opportunity after YouTube boycott

  Bloomberg Weeks after scores of advertisers boycotted YouTube, Google is still trying to mitigate the damage. Meanwhile, long-struggling competitors in the digital ad market are seizing the moment. MediaMath Inc., a New York-based seller of software for automated online ad buying, is introducing a new service to ensure that ads only run alongside hand-picked, “high quality” content. The “curated ...

Read More »

Struggling tech giant LeEco loses global corporate finance head

  Bloomberg LeEco Inc.’s global head of corporate finance is leaving, according to a person familiar with the matter, the latest sign of retrenchment by the Chinese technology giant. Winston Cheng, who joined LeEco in 2015, will be president of international at Chinese e-commerce company JD.com Inc., leading new business initiatives including investments and mergers and acquisitions, the person said. ...

Read More »

Nintendo to release mini switch in 2019

  Bloomberg Expect more variations of the Switch as Nintendo Co. continues to refine its home and portable business strategy. That’s the message from Citigroup Inc., which says the new console is doing well, but is too big to truly combine home and portable gaming for everyone. That’s why they expect the Kyoto-based company to release a smaller version of ...

Read More »

Apple-Qualcomm revenue at risk as dispute grows

  Bloomberg Qualcomm Inc.’s countersuit against Apple Inc. threatens a relationship that helped both companies rake in billions of dollars as leaders of the smartphone revolution. The acrimony in Apple’s suit and Qualcomm’s response late on Monday raises the prospect of Qualcomm losing a big portion of the revenue it gets from one of its biggest customers. For Apple, it ...

Read More »

Uber hits back at Waymo in self-driving car case

  SAN FRANCISCO / AP Uber is scoffing at claims that its expansion into self-driving cars hinges on trade secrets stolen from a Google spinoff, arguing that its ride-hailing service has been working on potentially superior technology. The legal defense, presented in documents filed in San Francisco federal court, marks Uber’s first detailed response to explosive allegations that its self-driving ...

Read More »

Battle with Apple takes toll on China’s Huawei

  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 ...

Read More »

YouTube TV looks to attract millennials

  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 ...

Read More »

Facebook adds wifi hotspots to sustain African growth

  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, ...

Read More »

UK court gives ruling on tech patent rights

  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, ...

Read More »

New robo-adviser app to manage investors’ wealth

    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 ...

Read More »
Send this to a friend