Technology

  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 ...

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 ...

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 ...

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% ...

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 ...

Bloomberg Mykhailo Fedorov, who serves as Ukraine’s vice prime minister and oversees digital operations, urged Apple Inc to halt product sales in Russia and shut down its App Store in the country. The government official made the request in a letter to Apple Chief Executive Officer Tim Cook that he posted on Twitter. Fedorov also said Apple should support the ...

Bloomberg Twitter Inc said it suspended all advertising in Russia and Ukraine, seeking to ensure that promotional posts don’t detract from public safety information sent via the social network. The San Francisco-based company won’t show advertising in those markets, and also will curb tweet recommendations that appear in users’ timelines from accounts that they don’t already follow in an effort ...

  Bloomberg Google said it would bring its Privacy Sandbox initiative to Android phones, vowing to chart a less “blunt” path than rival Apple Inc., whose push to protect users’ personal information has dinged the digital advertising market. The Alphabet Inc company, which relies on ads for most of its revenue, said it can protect phone users’ data while giving ...

  Bloomberg The biggest assembler of iPhones said component shortages that plagued electronics production for more than a year are showing signs of easing, a potentially encouraging signal for manufacturers across industries. There will be a major improvement in parts shortages in the first quarter, with “overall supply constraints” set to ease in the second half, James Wu, a spokesman ...

  Bloomberg Samsung Electronics Co is making the biggest change to its smartphone strategy in years by reorganising around its big-selling Galaxy S and foldable Galaxy Z series of devices. The company plans to discontinue its Note lineup of stylus-equipped phones and instead distribute that capability across its portfolio while pushing premium foldables in its challenge to Apple Inc. “In ...