Technology

Bloomberg Tencent Holdings will review the “youth mode” of its WeChat app after a Beijing prosecutor filed a civil public-interest lawsuit against the company, alleging non-compliance with China’s underage law. The company will “sincerely respond” to the suit, “humbly accept” user suggestions and continue to improve safeguards for teenagers on the app as part of its social responsibility to ensure ...

Bloomberg Samsung Electronics Co said it’s making foldable phones a priority, starting with a major promotional push in the latter half of this year aimed at bringing the premium form factor to a mainstream audience. Discussing its earnings, the South Korean maker of the Galaxy family of mobile devices went further and stronger in its commitment to the foldable category. ...

Bloomberg Mark Zuckerberg doesn’t just want you logging in to his company’s products. He wants you living, working and even exercising inside them. That’s the very high-level idea behind the “metaverse,” a vision for the future of Facebook Inc and the entire internet that Zuckerberg started pushing aggressively in the past week. “In the coming years, I expect people will ...

Bloomberg Intel Corp Chief Executive Officer Pat Gelsinger said the worst of a sales slump has passed and struck a bullish tone about the chipmaker’s prospects for the rest of the year and beyond. Investors are waiting to see proof that the company can regain dominance in semiconductor industry. The key to winning them over will be Gelsinger’s ability to ...

Bloomberg Chinese regulators are set to order Tencent Holdings Ltd. to give up exclusive rights to music labels, Reuters reported. The company will also receive a 500,000 yuan ($77,227) fine for misreporting the acquisition of two apps, according to the report. The penalties are the result of an investigation by the State Administration of Market Regulation into affiliate Tencent Music ...

Bloomberg Apple Inc has asked suppliers to build as many as 90 million next-generation iPhones this year, a sharp increase from its 2020 iPhone shipments. The Cupertino, California-based tech giant has maintained a consistent level in recent years of roughly 75 million units for initial run from a device’s launch through the end of year. The upgraded forecast for 2021 ...

Bloomberg Sony Corp predicts that robots will take over its manufacturing of televisions, smartphones and cameras as the company shifts attention to services, the Financial Times reported. Unmanned production lines are expected to cut costs by 70% at Sony’s mainstay TV factory in Malaysia by the fiscal year 2023, compared with 2018, the FT cited Kimio Maki, head of Sony’s ...

Bloomberg Nestle SA is planning to enter the cultured-meat market in a move that could see the world’s largest food company help deliver the nascent technology faster to the mass market. The Swiss giant has been working on alternative meat products that would blend cultivated meat with plant-based ingredients. The meat is being developed with Israeli cell-based startup Future Meat ...

 Bloomberg Nintendo Co announced a new Switch console for release on October 8, a long-awaited $350 gadget likely to stimulate a wave of new software and holiday season sales. The new device marks the first major hardware upgrade to the console originally released in 2017 for $299. Its key upgrades are a larger 7-inch OLED screen and a doubling ...

Bloomberg Twitter Inc pledged to “fully comply” with India’s new internet regulations, caving in a dispute with the government over rules that critics say curtail privacy and free speech. The US social media giant has appointed an interim chief compliance officer, will name a grievance officer by July 11 and set up an India office in eight weeks, a lawyer ...