Tuesday , 10 November 2026

Technology

Facebook, Snapchat deals produce meagre results for news outlets

  Bloomberg Newspapers and other media outlets are struggling to make money from their partnerships with tech giants like Facebook and Snapchat, raising concerns over their business models in a news landscape increasingly dominated by social media platforms. Some publishers are scaling back on Facebook Inc.’s Instant Articles program, in which they host stories directly on the social-media company’s platform …

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Apple’s legal assaults on Qualcomm part of phone margin grab

  Bloomberg Apple Inc. is piling onto lawsuits that attack the way Qualcomm Inc. licenses technology for mobile phones in a widespread effort to rake back profits in a slowing market. The latest suit by Apple alleges that Qualcomm has unfairly used the power of its patents, which cover the fundamentals of phone systems, and its chip business to prop …

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Robots take over oil rigs

  Bloomberg The robot on an oil drillship in the Gulf of Mexico made it easier for Mark Rodgers to do his job stringing together heavy, dirty pipes. It could also be a reason he’s not working there today. The Iron Roughneck, made by National Oilwell Varco Inc., automates the repetitive and dangerous task of connecting hundreds of segments of …

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Foxconn weighs $7bn US display plant

  Bloomberg Foxconn Technology Group is considering building a US display-making facility for upwards of $7 billion, a major investment for Apple Inc.’s main manufacturer that may create tens of thousands of American jobs during President Donald Trump’s first year in office. The company is considering a joint investment with Sharp Corp., the Japanese display supplier it bought last year, …

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LG inks LCD panel supply pact with Samsung

  Bloomberg LG Display Co. has scored a deal to supply television displays to rival Samsung Electronics Co. from as soon as this year, people with direct knowledge of the matter said. LG Display, a major supplier of panels to Apple Inc., will replace a venture between Sharp Corp. and Foxconn Technology Group as a supplier to the world’s biggest …

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Yahoo’s 4Q shows modest strides amid security breach fallout

  Bloomberg Yahoo’s financial performance improved slightly during the fourth quarter while the company dealt with the fallout from massive security breaches that have jeopar- dized the $4.8 billion sale of its internet operations to Verizon Communications. The fourth-quarter report provided the latest snapshot of a shrinking company that has been steadily losing ground in the digital advertising market that …

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Microsoft chief warns of ‘hubris’ amid AI boom

  Bloomberg Microsoft Corp. and its competitors should eschew artificial intelligence systems that replace people instead of maximizing their time, Chief Executive Officer Satya Nadella said. “The fundamental need of every person is to be able to use their time more effectively, not to say, ‘let us replace you’,” Nadella said in an interview at the DLD conference in Munich. …

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FTC scrutiny thwarts Qualcomm’s lucrative licensing model

  Bloomberg Qualcomm Inc. built itself into the world’s biggest and most profitable smartphone chipmaker by using a simple formula: selling billions of dollars worth of semiconductors while raking in fat profits from licensing fees tied to the underlying technology. That lucrative model is under siege on a growing number of fronts — most recently this week when the US …

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Panasonic launches next-gen video surveillance system at Intersec 2017

  Dubai / Emirates Business Panasonic, a leading provider of integrated security and video surveillance solutions, introduced its next generation i-PRO® Extreme technology platform at Intersec 2017, taking place at the Dubai International Convention and Exhibition Centre (DICEC) from January 22 -24. Panasonic Marketing Middle East and Africa (PMMAF) has launched the i-PRO Extreme in response to the fast growing …

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Snap touts devoted users to justify $20 billion value

  Bloomberg Snap Inc. is hoping to convince public market investors it’s worth upwards of $20 billion by stressing how important its app is to users’ daily lives. That’s what Snap’s management highlighted this month to analysts from banks underwriting its initial public offering, according to people familiar with the matter. The company laid out a slew of engagement metrics …

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