Technology

  Bloomberg Swatch Group AG said it’s developing an alternative to the iOS and Android operating systems for smartwatches as Switzerland’s largest maker of timepieces vies with Silicon Valley for control of consumers’ wrists. The first product using the Swiss-made system will be a Tissot smartwatch to be introduced at the end of 2018, Swatch Chief Executive Officer Nick Hayek ...

  Bloomberg Google Inc. is scaling up investment in Africa by laying fiber optic cable, easing access to cheaper Android phones and training a workforce in digital skills as the US technology giant seeks to expand on the continent. “We laid about 1,000 kilometers (621 miles) of fiber in Uganda and we are busy doing about 1,000 kilometers in Ghana,’’ ...

  Emirates Business Mobile phones have evolved considerably over the past two decades from being just simple communication devices to becoming the most innovative compact entertainment systems empowering people to view content on demand whilst having the ability to share their most intimate moments all from the palm of their hand. Smartphones are rapidly increasing in demand across the world ...

  Bloomberg Microsoft Corp. officially rolled out its Teams workplace-collaboration software, counting on integration with its ubiquitous Office and Outlook programs and partnerships with popular business software makers such as SAP to challenge Slack Technologies Inc. for big corporate customers. Teams, in preview mode since November, is now widely available in 181 markets, Microsoft said Tuesday. Already 50,000 Office 365 ...

  Bloomberg Wu Xinhong, co-founder and chief executive officer of Meitu Inc., became the second billionaire at the Chinese beauty-enhancing selfie app developer after the stock rose for nine straight days. The shares extended gains since it was added to a second equity-trading link between China’s Shenzhen exchange and Hong Kong on March 6, and jumped 11 percent to a ...

  Bloomberg The US officials are planning to charge four people abroad related to the hacking attacks against Yahoo! Inc., according to a person briefed on the matter. The Justice Department is accusing them of participating in massive online security breaches that compromised hundreds of millions of user accounts, said the person, who asked not to be identified because it ...

  Bloomberg Intel Corp. will acquire Mobileye NV for about $15 billion, paying one of the highest takeover premiums this century to play catch-up in the market for technology that helps cars drive themselves. The US chipmaker will pay $63.54 per share in cash for Jerusalem-based Mobileye, which makes chips for cameras and driver-assistance features. The offer, the largest ever ...

  Bloomberg Samsung Electronics Co. isn’t letting the arrest of de facto head Jay Y. Lee stop it from considering strategic moves, with the technology giant continuing to evaluate a potential holding company structure. The idea was first announced in November after pressure from activist investor Paul Elliott Singer for changes at the world’s biggest maker of smartphones and TVs. ...

  Dubai / Emirates Business Intel Security, in partnership with the Center for Strategic and International Studies (CSIS), released “Tilting the Playing Field: How Misaligned Incentives Work Against Cybersecurity,” a global report and survey revealing three categories of misaligned incentives: corporate structures versus the free flow of criminal enterprises; strategy versus implementation; and senior executives versus those in implementation roles. ...

  Bloomberg Nintendo Co. is earning early accolades for making sure that its new Switch console debuted with a strong gaming title, Legend of Zelda: Breath of the Wild. The big question now is whether that will translate into sales. So far, signs are good. The latest iteration of Zelda has received almost universal praise among critics, becoming the fourth-highest ...