Technology

Spotify pulls free service from Russia

Bloomberg Spotify Technology SA is halting its free, ad-supported service in Russia after evaluating the risks of keeping it going amid a government crackdown on news providers. The latest move follows an earlier decision to pause its paid service in the country. “Spotify has continued to believe that it’s critically important to try to keep our service operational in Russia ...

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Google lands first subsea cable in Africa to spur digital access

  Bloomberg Google landed a submarine cable in Togo, the first nation in West Africa to introduce commercial fifth-generation mobile services. The Equiano subsea internet cable, part of Google’s $1 billion program to build digital capacity on the continent, was connected to the nation of 8 million people. The conduit will land in Nigeria, Namibia and South Africa later this ...

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Apple’s latest iPhone sidelines carriers from buying process

  Bloomberg The debut of Apple Inc’s latest iPhone brings a change to the way its US customers can purchase the device, a move toward cutting wireless carriers out of the process and giving the tech giant more control. Traditionally, when a user buys an iPhone at an Apple retail store or the company’s online store, the customer provides their ...

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Xiaomi, Oppo, Vivo in talks to make phones in India for export

Bloomberg Three of China’s largest smartphone brands have opened discussions with Indian manufacturers about making phones locally for global export, a concrete step towards establishing the country as a hub for electronics production. Xiaomi Corp, Oppo and Vivo are holding talks with Indian contract phone-makers, hoping to take advantage of cash incentives readily available to local firms. If they go ...

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Panasonic readies new battery Tesla sees as key to $25,000 EVs

Bloomberg Panasonic Corp is gearing up to become a major manufacturer of a new, more powerful battery championed by Tesla Inc. that the Japanese electronics maker says meets the demands of its high-flying customer. Over the past year and a half, Panasonic has been working to develop a bigger “4680” battery it intends to sell to the American electric carmaker. ...

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AT&T outlines ‘new era’ with focus on 5G, broadband growth

  Bloomberg AT&T Inc, which is returning to its roots as a pure telecom company, showed investors how it plans to balance expanding broadband services while paying for network upgrades and a $8 billion dividend. AT&T Chief Executive Officer John Stankey says the spinoff of WarnerMedia in the coming weeks will mark the “starting line of a new era” for ...

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Samsung suspends shipments of phones, chips to Russia

Bloomberg Samsung Electronics Co has suspended product shipments to Russia due to current geopolitical developments, joining a growing list of companies from Apple Inc to Microsoft Corp that are halting sales and services in the country following its invasion of Ukraine. The South Korean tech giant is actively monitoring the complex situation, the company said in an emailed statement to ...

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Apple investors defy company, vote for civil-rights audits

Bloomberg Apple Inc shareholders approved outside proposals recommending audits of the company’s civil-rights impact and a public report on its use of concealment clauses in employment agreements, marking a rare instance of investors defying the tech giant. The votes were part of Apple’s annual shareholder meeting, held virtually for the second year in a row. Investors also reelected the company’s ...

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Verizon Communications maps 5G path

Bloomberg Verizon Communications Inc expects revenue growth of about 4% annually in 2024 and beyond, driven by gains from its new 5G mobile phone services. Service and other revenue is expected to grow about 3% in 2022 and 2023 and 4% in 2024, Matt Ellis, chief financial officer, told investors at a conference. Analyst had expected gains of about 2% ...

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Meta is building a digital voice assistant for Metaverse push

Bloomberg Facebook parent company Meta Platforms Inc is building a digital voice assistant to help people interact hands-free with physical devices, such as the company’s Portal video-calling device and, eventually, augmented-reality glasses. Chief Executive Officer Mark Zuckerberg said the company is building the assistant in preparation for the so-called metaverse, a more immersive version of the internet that will let ...

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