Bloomberg Google will invest as much as $1 billion in India’s second-largest mobile phone operator, as firms race to offer inexpensive data and digital offerings in the only billion-people-plus market still open to foreign companies. Alphabet Inc, which owns the Google search engine, will pay $700 million for a 1.28% stake in Bharti Airtel Ltd., the New Delhi-based company ...
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WhatsApp depicts regular SMS as unsafe
Bloomberg WhatsApp, the popular messaging app owned by Meta Platforms Inc, is pushing its privacy features in a new US marketing campaign that compares a standard text message to mail that was opened before it was delivered. The campaign promotes end-to-end encryption, technology that WhatsApp uses so that user messages only exist on the device where a message was sent ...
Read More »Ericsson seeks to block US imports of Apple phone, watch
Bloomberg Ericsson AB filed US trade complaints seeking to block imports of Apple Inc devices, escalating a legal battle that shows licensing talks between the two over 5G telecommunications technology are going poorly. In complaints filed with the US International Trade Commission in Washington, Ericsson targets a wide swath of Apple products — the iPhone, tablets, smart watches, smart ...
Read More »Intel plans to spend $20bn on Ohio chipmaking hub
Bloomberg Intel Corp plans to spend $20 billion on a chipmaking hub on the outskirts of Columbus, Ohio, which the company expects to grow to be the world’s biggest silicon-manufacturing site. The chipmaker will begin construction of two fabrication plants on a 1,000-acre site in New Albany, which it expects to be operational by 2025, said the person, asking ...
Read More »Samsung to power up mobile chips
Bloomberg Samsung Electronics Co introduced its first mobile processor powered by Advanced Micro Devices Inc. graphics as the company tries to better compete with the gaming prowess of archrival Apple Inc.’s iPhones. The new Exynos 2200 processor is built using Samsung’s most advanced 4nm fabrication process and is the industry’s first mobile chip with hardware support for ray tracing, ...
Read More »TSMC to spend $40bn to address chip shortages
Bloomberg Taiwan Semiconductor Manufacturing Co (TSMC) raised its growth projections and unveiled record spending plans for 2022, signalling that the voracious demand for chips that has fuelled a months-long supply chain squeeze will persist for years. Apple Inc’s most important chipmaker is now projecting average sales growth of 15% to 20% annually — as much as double its previous ...
Read More »App store developers made $60bn in 2021, says Apple
Bloomberg Apple Inc said that developers have generated more than $260 billion in revenue since the App Store launched in 2008, up about $60 billion from the figure it reported a year ago. The iPhone maker made the announcement as part of a summary of the performance of its digital services across 2021. The company said the App Store ...
Read More »Nigeria ends Twitter ban after 7 months
Bloomberg Nigeria lifted a seven-month ban on Twitter Inc. in the West African country, after the social network agreed to various conditions. Twitter will establish a legal entity in Nigeria and appoint a country representative to engage with the government when required, the National Information Technology Development Agency, or NITDA, said in a statement announcing the imminent end of ...
Read More »Apple pays $180,000 bonuses to retain engineering talent
Bloomberg Apple Inc has issued unusual and significant stock bonuses to some engineers in an effort to retain talent, looking to stave off defections to tech rivals such as Facebook owner Meta Platforms Inc. The company informed some engineers in silicon design, hardware, and select software and operations groups of the out-of-cycle bonuses, which are being issued as restricted ...
Read More »Sony reveals PlayStation VR2 and a new Horizon game
Bloomberg Sony Group Corp announced an exclusive game for its next-generation virtual reality (VR) headset, dubbed PSVR2, charging up the platform’s appeal just as metaverse hype intensifies. The Japanese entertainment and electronics giant introduced a teaser video for the title, from hit in-house franchise Horizon, while unveiling PlayStation VR2 with an upgraded headset and VR2 Sense controllers. Promising increased ...
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