Technology

Samsung sets deadline it can’t miss after Galaxy Note 7 recall

  Bloomberg Consumers have only so much patience — and that’s why Samsung has given itself a two-week deadline to start replacing Galaxy Note 7 phones with faulty batteries that can catch fire and even explode. As Apple prepares to unveil its latest iPhone in less than a week, the South Korean electronics giant needs to reassure customers its premium ...

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Samsung expands payment business to smartwatches

  Bloomberg Samsung Electronics Co. unveiled its new wristwatch device in Berlin, which includes support for contactless payments, as the company pushes to catch up to Apple Inc. in a still nascent market of wearable products. At the IFA technology tradeshow, the world’s biggest smartphone maker introduced the Gear S3 Classic and Gear S3 Frontier — two variations of the ...

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Twitter jumps after co-founder says company has to consider M&A

  Bloomberg Twitter Inc. jumped as much as 5.8 percent, the most in two weeks, after co-founder Ev Williams said in an interview with Bloomberg TV that the company has to weigh all options amid ongoing speculation it’s a takeover target. Williams initially declined to comment when asked by Bloomberg’s Emily Chang whether Twitter can remain an independent company. He ...

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Baidu envisions robot cars

  Bloomberg Baidu Inc. has unveiled its latest plans to stake out a spot in the burgeoning field of artificial intelligence, including a partnership with Nvidia Corp. to develop driver-less cars and a home gadget akin to Amazon.com Inc.’s popular Echo. Chief Executive Officer Robin Li is banking on AI to jumpstart a slowing internet search and advertising business. It ...

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Superfast airborne Wi-Fi coming to Europe’s planes

  Bloomberg Starting early next year, travellers on some Lufthansa flights in Europe will be able to surf the web using airborne Wi-Fi that promises speeds and coverage that trounce existing offerings. The network, which will use Inmarsat Plc’s satellites and Deutsche Telekom AG towers on the ground, aims to let business travelers check the news and vacationers chat with ...

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Apple to prepare iPad upgrades, new Mac lineup

  Bloomberg Apple Inc. is developing new features for the iPad to cater to professional users, along with new Mac laptops and desktops, according to people familiar with the matter. Upcoming software upgrades for the iPad include wider operating-system support for Apple’s stylus accessory, while hardware performance improvements are also in development, according to the people. The refreshed Mac hardware ...

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Google to tie up with MUFG on Android Pay

  Bloomberg Alphabet Inc. will tie up with Mitsubishi UFJ Financial Group Inc. on its Android Pay platform, a person with knowledge of the matter said, the latest move by a technology giant to tap Japan’s rapidly growing digital payments market. Starting as early as Japan’s autumn, users of certain Android-based mobile phones will be able to use MUFG’s debit ...

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Mophie brings more mobile power

  Bloomberg The company that made its name by building cases for iPhones that double as battery packs is launching a new range of devices that will power and recharge any smartphone, past, present or future. Every year smartphones get smarter and faster and thanks to technological convergence, they’re also getting bigger in terms of display as they continue to ...

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Apple’s fight to lure Japanese from cash starts at turnstile

  Bloomberg Apple Inc.’s plan to allow Japanese customers to use iPhones to pay for their daily commute underscores the potential for digital payments to grow in a nation where people still prefer to hold cash. Japanese have for years been using rail passes that double as electronic money cards, which a growing number of retailers now accept for payments. ...

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Trends to watch out for at IFA Berlin

  Dubai / Emirates Business As the world’s leading trade show for consumer electronics, IFA 2016 will be a platform for forward-looking technology brands to showcase their innovations from September 2 to 7. Ahead of the much sought-after show by technology tastemakers and influencers, LG sheds light on the various consumer trends that will be reflected at the show. While ...

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