Technology

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 ...

Bloomberg One Japanese company that got its start making grinding wheels for machinery more than 80 years ago believes it holds the key to helping manufacturers create ever slimmer and more powerful semiconductors to power next-generation mobile phones and advanced computers. Disco Corp’s machines can grind a silicon wafer down to a near-transparent thinness and cut the tip of a ...

Bloomberg India is growing increasingly assertive in its efforts to control online communications, challenging Twitter and Facebook’s practices and threatening to set a precedent that could extend far beyond its borders. The largest US internet firms are fighting new Intermediary rules issued by Narendra Modi’s government in February that they say curtail privacy and free speech. Officials have demanded Facebook ...

Bloomberg Apple Inc is raising fears about letting users install applications outside the company’s App Store, an issue being targeted by lawmakers and regulators that also played a prominent role in its recent trial against Epic Games Inc. The company said on its website that requiring apps to be downloaded from the App Store protects consumers against scams, keeps their ...

Bloomberg Facebook Inc’s Instagram is adding new shopping tools, like letting people search for products using an image, as it expands e-commerce offerings across its family of apps. When users click on the images they see on Instagram, Facebook will direct them to similar-looking products for sale. A user could click on a floral dress on the social media network ...