Technology

Bloomberg Apple Inc has started building its own cellular modem for future devices, a move that would replace components from Qualcomm Inc, Apple’s top chip executive told staff. Johny Srouji, Apple’s senior vice president of hardware technologies, made the disclosure in a town hall meeting with Apple employees, according to people familiar with the comments. Qualcomm shares dropped 4.4% in ...

Bloomberg Singapore is set to host the world’s first electric-powered air taxi service by the end of 2023, according to Volocopter GmbH, which is developing the vertical-takeoff craft. The German manufacturer is committed to starting operations within three years once it completes flight trials, evaluation and certification in collaboration with the city-state, it said in a statement. Tickets for a ...

Bloomberg Oracle Corp, a Silicon Valley stalwart, has moved its headquarters to Texas, becoming the latest technology company to leave its home state in the face of California’s higher taxes, steeper cost of living and a broader shift to remote work. The move to Austin from Redwood City “means that many of our employees can choose their office location as ...

Bloomberg Microsoft Corp released one product and unveiled another designed to warehouse, analyse and keep track of data, taking on Amazon.com Inc and Snowflake Inc in a growing market for cloud-based tools that help companies do more with reams of information. Microsoft widely released its Azure Synapse Analytics tool and announced a preview of a new product called Purview, which ...

Bloomberg JD.com Inc, China’s second-biggest online retailer, will become the country’s first virtual mall to use digital yuan, the cryptocurrency backed by the central bank. JD Digits, the e-commerce giant’s fintech affiliate, will launch a pilot program this month, and customers will pay for certain items with digital yuan, it said on its official WeChat account. About 100,000 digital cash ...

Bloomberg Google is set to win conditional European Union (EU) approval for its $2.1 billion takeover of health tracker Fitbit Inc this month, people familiar with the discussions said. The deal could be approved as soon as next week after national competition authorities give their opinion, said the people who asked not to be named because the procedure isn’t public. ...

Bloomberg Foxconn Technology Group will move the manufacturing of some Apple Inc iPads and MacBooks to Vietnam from China, a person familiar with the matter said, as the company aims to mitigate the risk that a trade war with the US could continue after US President Donald Trump leaves the White House. The person asked not to be identified because ...

Bloomberg The UK government approved plans for a separate regulatory program for companies including Facebook Inc and Google, saying the new competition unit would be given powers to impose fines to rein in the dominance of the largest tech companies. The Digital Markets Unit will be housed inside the antitrust regulator from April, with powers to enforce a new code ...

Bloomberg Facebook Inc will be making payouts to only about a quarter of the 6 million Illinois residents eligible for the biggest consumer privacy settlement in US history. Based on a tally filed in court after claims deadline, some 1.57 million people will probably pocket more than $300 each — after about a third of the $650 million settlement fund ...

Bloomberg Apple slammed Facebook and other internet giants for their ad-targeting practices in response to a letter questioning a decision by the iPhone maker to delay a new privacy feature. The Cupertino, California-based technology company criticised Facebook’s approach to advertising and user tracking, according to a written reply sent to several human rights and privacy organisations, including the Electronic Frontier ...