Technology

BLOOMBERG An India appeals court upheld a fine of about $160 million slapped on Alphabet Inc’s Google by the country’s antitrust regulator, amid growing scrutiny over the company’s ambition to expand the global reach of its Android mobile operating system. Yet in a relief for Google, the court allowed some concessions to corrective measures the antitrust regulator had sought. The ...

BLOOMBERG Apple Inc Chief Executive Officer Tim Cook returned to China to attend the high-profile China Development Forum to celebrate the iPhonemaker’s ties to the region even as tensions grow between Beijing and Washington. Apple and China have grown together, Cook said during an onstage discussion on technology and education at the state-sponsored showcase. He highlighted the company’s concerns about ...

BLOOMBERG How much energy does it take to play Xbox? Microsoft Corp is helping developers find out. At the 2023 Game Developers Conference in San Francisco, the company announced a new toolkit for developers to measure real-time energy consumption from Xbox games. The toolkit, which Redmond, Washington-based Microsoft calls the first of its kind in the industry, will allow developers ...

BLOOMBERG Adobe Inc unveiled new image-generating artificial intelligence (AI) tools designed for professionals to use without fear of plagiarising material or creating offensive artwork, addressing a key concern facing such technology. Dubbed Firefly, the tool creates images and text art based on user text prompts, drawing from Adobe’s portfolio of stock media and freely licensed images. It will be made ...

BLOOMBERG  Japan ended restrictions on exports to South Korea of three key compounds used in the manufacture of semiconductors and displays, in the latest step towards improving long fractious ties between the two US allies. The Ministry of Economy, Trade and Industry announced the move to officially ease licensing requirements on fluorinated polyimide, hydrogen fluoride and photoresists, adding the move ...

BLOOMBERG  Tencent Holdings Ltd surged more than 8%, the most in about four months, as traders cited unsubstantiated talk that newly installed Premier Li Qiang toured the Chinese social media leader’s headquarters. Guizhou Party Secretary Xu Lin visited the Chinese company’s offices, according to the official WeChat account of a Guizhou state media outlet. Li, Xi Jinping’s top deputy, didn’t ...

BLOOMBERG  Toshiba Corp accepted a buyout offer from a Japanese consortium, according to people familiar with the matter, as the iconic conglomerate moved a step closer to ending a troubled chapter in its more-than-140-year history. The Tokyo-based company’s board approved a bid of about 2 trillion yen ($15.3 billion) from a group led by domestic private equity firm Japan Industrial ...

BLOOMBERG The national-security and mental-health risks posed by TikTok are shared by other social media platforms, according to an advocacy group that’s urging Congress to also hold US companies accountable ahead of high-profile testimony from TikTok’s chief executive officer. The Tech Oversight Project, a nonprofit, says Meta Platforms, Alphabet’s Google, Apple and Amazon.com employ the same harmful business practices as ...

BLOOMBERG Google announced a raft of new artificial intelligence (AI) – powered features for customers of its cloud-computing business, as the technology giant jostles for dominance in the burgeoning field with rivals such as Microsoft Corp. and startup OpenAI. As Silicon Valley buzzes about so-called generative AI — software that can create images, text and video based on user prompts ...

BLOOMBERG South Korea will join its largest companies including Samsung Electronics Co to pour some $422 billion into areas such as chips and electric vehicles in its most aggressive effort yet to win a heated global race for tech supremacy. The government will focus support on chips, batteries, robots, electric vehicles, displays and biotechnology in an investment plan through 2026, ...