Technology

  Bloomberg Oppo took the wraps off a foldable smartphone that’s more than $500 cheaper than Samsung Electronics Co’s Galaxy Fold, launching its maiden attempt to stake out a spot in the nascent category. The Oppo Find N sports a 7.1-inch inner display co-developed with its Korean rival and an exterior 5.5-inch screen. It will start at $1,250 in China …

  Bloomberg Tech giants such as Google and Facebook face major restrictions on the way they handle content after a committee of European Union (EU) lawmakers proposed expanding measures to protect consumers online. New regulations would limit the targeting of ads to minors and completely ban so-called “dark patterns,” where platforms push people to consent to being tracked online, according …

Bloomberg Meta Platforms Inc’s photo-sharing app Instagram is encouraging users to take a break as the company battles accusations that too much time spent on its social networks hurts mental well-being of teenagers. Instagram will let people opt to see pop-up messages when they have spent a lot of time looking at a particular topic, suggesting they explore other subjects. …

Bloomberg Stellantis NV will lean on partnerships with Foxconn Technology Group, Waymo and BMW AG to generate about 20 billion euros ($23 billion) in extra revenue from software-driven features in its vehicles by the end of the decade. The maker of Jeep, Chrysler and Fiat brands is extending existing tie-ups with Apple Inc.’s assembly partner Foxconn and Alphabet Inc.’s self-driving …

Bloomberg The $410 DeliSofter pot looks much like the rice cookers ubiquitous in Japanese households and it does prepare rice in 24 minutes. But this invention of two Panasonic Corp engineers is designed to do more and help people with swallowing difficulties. The two women led the creation of a spin-off company, Gifmo Co, to sell the specialised steam cooker, …

Bloomberg Alphabet Inc’s Google is once again pushing back date it will require employees to return to US offices on renewed concern after cases of Covid-19 omicron variant have been confirmed, executives told employees. Google had set January 10 as its return date, asking a bulk of its workforce to come in three days a week. Chris Rackow, a Google …

Bloomberg Samsung Electronics Co has decided to build an advanced US chip plant in Texas, a win for the Biden administration as it prioritises supply chain security and greater semiconductor capacity on American soil. South Korea’s largest company has decided on the city of Taylor, roughly 30 miles from its existing giant manufacturing hub in Austin, a person familiar with …

Bloomberg Xiaomi Corp. recorded its slowest pace of quarterly sales growth since early 2020 after supply chain mayhem choked off the flow of vital components and rivals like Apple Inc eroded its market share. Shares in China’s largest smartphone maker slid more than 5% in Hong Kong to their lowest since September 2020, reflecting lingering concern about a global chip …

Bloomberg Dell Technologies Inc posted revenue that beat Wall Street estimates, powered by corporate and consumer spending on personal computers, which both reached company records in the fiscal third quarter. Sales in the period ended October 29 rise 21% to $28.4 billion, the Round Rock, Texas-based company said in a statement. That compares with analysts’ average estimate of $26.8 billion, …

Bloomberg While many other technology giants embrace the metaverse as the next frontier of growth, Sundar Pichai sees Google’s future in its oldest offering: internet search. “I feel fortunate our mission is timeless,” Pichai, who is chief executive officer of Google and its parent, Alphabet Inc, said in an interview with Bloomberg Television’s Emily Chang for the Bloomberg New Economy …