Technology

  Bloomberg A parade of up-and-coming musicians from Universal Music took the stage at the Ace Hotel in downt- own Los Angeles in a pre-Grammy Awards performance for a room full of the executives who will make or break their careers. Talent bookers from James Corden’s late-night show, marketing executives from top brands and executives from Spotify Ltd. and YouTube …

  Bloomberg A consortium of Australia’s biggest banks has abandoned its attempt to negotiate as a bloc with Apple Inc. over the cost of using its mobile payment system, narrowing its claim to focus solely on access to a key piece of iPhone technology. In their final submission to the competition regulator, the banks hit back at earlier claims by …

  Bloomberg The Pentagon is paying hackers to test its key internal systems for vulnerabilities — and they are finding weaknesses faster than expected. In a pilot project this past month, the Pentagon’s Defense Digital Service let about 80 security researchers into a simulated “file transfer mechanism” the department depends on to send sensitive e-mails, documents and images between networks, …

  Bloomberg Wittingly or not, major global corporations are helping fund sites that traffic in fake news by advertising on them. Take, for instance, a story that falsely claimed former President Barack Obama had banned Christmas cards to overseas military personnel. Despite debunking by The Associated Press and other fact-checking outlets, that article lives on at “Fox News The FB …

  Bloomberg Spurred by technology advances and demand for transportation alternatives in increasingly congested cities, entrepreneurs around the globe are vying to become the first to develop a commercially viable “flying car.” The designs vary greatly, and most aren’t actually cars capable of driving on roads. Here are some examples: VAHANA European aircraft manufacturer Airbus is working at its Silicon …

  Bloomberg Microsoft Corp. and other major technology companies and banks are forming an alliance to advance the adoption of Ethereum blockchain database technology in corporations, potentially offering better security for recording transactions, according to two people familiar with the plans. The companies have been working on the Enterprise Ethereum Alliance for months, according to one of the people, and …

  Bloomberg The Google Chromebook, a type of stripped-down laptop, isn’t a practical mobile device for many people — mostly because it basically turns into an expensive paperweight whenever it can’t find a Wi-Fi connection. Yet Chromebooks have defied expectations and made major inroads in an unexpected environment — US schools. In retrospect, that shouldn’t be too surprising. Chromebooks are …

  Dubai / Emirates Business While we continue to make all Facebook apps a great experience, we heard from people they want an even more lightweight option. In many areas, networks can be slow and not able to support everything found in other Facebook apps. To help make sure everyone can have a great Facebook experience regardless of where they …

  NEW YORK / AP Many people have heard of Twitter. Not enough of them are signing up to use it. Twitter’s role as a megaphone for the US president, countless celebrities and businesses hasn’t attracted regular people to the service — not in the way Facebook has, or even Instagram and Snapchat. The San Francisco company’s latest earnings report …

  Bloomberg When our robot overlords arrive, will they decide to kill us or cooperate with us? New research from DeepMind, Alphabet Inc.’s London-based artificial intelligence unit could ultimately shed light on this fundamental question. They have been investigating the conditions in which reward-optimizing beings, whether human or robot, would chose to cooperate, rather than compete. The answer could have …