Technology

Twitter to ‘fully comply’ with India rules

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 ...

Read More »

Eighty-year-old Japan’s firm may be key to next-gen chips

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 ...

Read More »

Big tech gears up for a massive fight with India

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 ...

Read More »

Apple says third-party app stores would open IPhones to scammers

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 ...

Read More »

Instagram adds shopping via images, virtual try-on

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 ...

Read More »

Mobile health apps plagued by privacy issues, says study

Bloomberg Health and fitness apps, which help mobile-phone users track everything from calorie intake to menstruation dates, can access and share personal data in a way that’s concerning, according to a study published in the British Medical Journal. The analysis of more than 20,000 apps found that inadequate privacy disclosures for many of them prevented users from making informed choices ...

Read More »

Apple supplier Biel weighs $2bn Hong Kong IPO

Bloomberg Biel Crystal Manufactory Ltd, a supplier of cover glass to Apple Inc., is planning a Hong Kong initial public offering that could raise as much as $2 billion, according to people with knowledge of the matter. The maker of touch screens is working with China International Capital Corp., HSBC Holdings Plc and JPMorgan Chase & Co. on the offering, ...

Read More »

TikTok charges $2m a day for top advertising spots

Bloomberg TikTok is selling its most valuable real estate for $2 million. The short-form video app is asking for more than $1.4 million for a takeover of its home page in the US during the third quarter, according to a document obtained by Bloomberg News. That figure will jump to more than $1.8 million in the fourth quarter — and ...

Read More »

Tech giants facing demands to downsize in new antitrust bills

Bloomberg Amazon.com Inc, Apple Inc and other US technology giants would have to sell or exit key businesses under sweeping antitrust legislation proposed by House lawmakers. The proposal is among a series of bills by House Democrats and Republicans that would place significant new constraints on how tech platforms run their businesses and give antitrust enforcers more legal authority to ...

Read More »

Apple readies IPad Pro with wireless charging, new IPad mini

Bloomberg Apple Inc is working on a new iPad Pro with wireless charging and the first iPad mini redesign in six years, seeking to continue momentum for a category that saw rejuvenated sales during the pandemic. The Cupertino, California-based company is planning to release the new iPad Pro in 2022 and the iPad mini later this year, according to people ...

Read More »
Send this to a friend