Technology

Cash-rich tech firms can’t help tapping US debt markets

  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 ...

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Google parent joins $100 billion tech rush to bond market

  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 ...

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Nokia raises merger savings target as sales trail estimates

  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 ...

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Samsung unveils iris-reading note 7 to keep Apple at bay

  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 ...

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Google X’s project wing delivery drones to be tested in US

  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 ...

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Pokemon Go tricks for the lazy

  Bloomberg With the whole world playing Pokemon Go, you need every advantage to stay ahead. Here are some of the hacks to get an edge on the competition when chasing pocket monsters, from easy to way advanced. LEVEL: NEWBIE So you finally cornered a rare Mewtwo Pokemon. It’s time to still your beating heart and capture the critter with ...

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Biometrics taking over smartphones

  Bloomberg Packing for holidays, road trips or even getting ready to hit the sales is about to get much, much easier. No matter how well you’ve packed or how many pre-vacation lists you’ve made, there is always that moment of horror at the check-in desk or at security when you think you’ve forgotten your passport or ID. However, within ...

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Dell doubles down on deals with its back-to-school range

  Bloomberg To entice parents and students alike to go with one of its ultra-portable laptops or powerful desktops for September Dell is offering everything from price-matching to free Samsung TVs. Dell’s Back To School product line has clearly been put together to offer something for children of all ages and of all computational needs. With a starting price of ...

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Nintendo benefits from Pokemon Go halo

  Bloomberg Nintendo Co. appears to be benefiting from Pokemon Go after all, just not in the way investors had originally thought. The Kyoto-based company said last month it didn’t expect the app’s runaway success to have much direct effect on profits, but Pokemon Go seems to be casting a halo that is helping Nintendo’s other businesses. Shipments of Pokemon ...

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Instagram’s new tool to fight harassment

  AFP Instagram said that is adding a new weapon for fighting harassment at the popular mobile app for sharing pictures and videos. The Facebook-owned social network began letting some celebrities and others with accounts that attract torrents of feedback filter those comments by keywords or even turn off the option to comment on particular posts. “Our goal is to ...

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