Technology

  Bloomberg Mercedes-Benz is planning its own distinct line of electric vehicles, challenging BMW and Tesla Motors Inc. in a bet that alternative-fuel cars have the potential to become profitable. Mercedes will add two electric sport utility vehicles and two sedans, according to two people familiar with the plan, who asked not to be named because the details haven’t been ...

  Bloomberg MTN Group Ltd. will consider raising its full-year dividend above forecasts if business conditions improve after the settlement of a record fine in Nigeria led to the first-ever half- year loss at Africa’s biggest mobile-phone carrier. The company will consider a higher full-year payout than the forecast 7 rand-a-share “if operating conditions improve materially,” the Johannesburg-based carrier said ...

  Bloomberg Deliveroo, a London-based maker of an app for ordering take out, announced it has raised $275 million to fuel growth and take on well-funded competitors. The deal values Deliveroo at more than $1 billion, according to a person familiar with term sheet who asked not to be named as the deal is private. The same figure is also ...

  Bloomberg Apple Inc., which is spending $850 million on a 130-megawatt solar farm near San Francisco over 25 years, can begin selling power into wholesale markets in the latest foray by a technology company into the energy business. Apple’s subsidiary Apple Energy LLC may sell energy, capacity and other services needed to maintain reliable power, according to an order ...

  Bloomberg 3D printing has long been a cool technology in search of a huge market. The industry may have found one in mass production. Because of its high cost and slow pace, 3D printing’s use in manufacturing has been limited mostly to prototyping, making plastic molds for teeth alignment and creating tools. That may be about to change, potentially ...

  Bloomberg Technology companies from Apple Inc. to Microsoft Corp. have sold more than $100 billion of debt this year even as they sat on more than half a trillion dollars of cash. They did it for two reasons: they wanted to avoid paying taxes, and just because they could. Bond buyers fleeing negative yields on government debt in Europe ...

  Bloomberg Google parent Alphabet Inc. has sold $2 billion of bonds, joining a rush of issuance from technology companies that have already raised more than $100 billion this year. In its first trip to the bond market in more than two years, the Internet giant sold 10-year notes to repay short-term debt, according to a person familiar with the ...

  Bloomberg Nokia Oyj Chief Executive Officer Rajeev Suri raised the target for cost savings from the acquisition of Alcatel-Lucent SA as he tries to support earnings after second-quarter sales trailed analysts’ estimates. Sales dropped 11 percent on a pro forma basis to 5.68 billion euros ($6.33 billion), compared with an average analyst estimate of 5.87 billion euros. Adjusted earnings ...

  Bloomberg After extending its lead over Apple Inc. in the global smartphone market with the Galaxy S7, Samsung Electronics Co. is now trying to keep that spirit alive before a new iPhone arrives. The South Korean company announced the latest iteration of its large-screen smartphone with the 5.7-inch Note 7 that can be unlocked with an iris-scanning camera. Sporting ...

  Bloomberg Google X’s Project Wing drone delivery services will be tested at a US site, the White House announced as part of an initiative to push research and safety measures for unmanned flight. The US National Science Foundation will spend $35 million over the next five years on unmanned flight research and the Department of Interior plans to expand ...