Bloomberg In the country that pioneered the world’s first industrial revolution in the 18th century, its latest one is looking very much on hold. The global shift towards robotics and artificial intelligence across advanced economies is currently in a go-slow phase in the UK — where both Covid-19 and Brexit have hampered progress. That threatens to harm Britain’s competitiveness against ...
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Apple stops selling rival earphones, speakers ahead of its new launches
Bloomberg Apple Inc. has stopped selling headphones and wireless speakers from rivals including Sonos Inc., Bose Corp. and Logitech International SA as the company gears up to launch its own new audio products. The Cupertino, California-based technology giant has long sold third-party hardware on its website, one of the largest e-commerce operations in the world. All headphones and speakers from ...
Read More »iPhone 12 5G line wins praise for lower prices, new sizes
Bloomberg Apple Inc.’s latest iPhones won Wall Street over by dint of lower prices and a major design overhaul, fuelling expectations of a new cycle of sales growth for the world’s largest corporation. At a virtual event, the company showed off the iPhone 12 in black, red, blue, green and white with a 6.1-inch screen, part of the biggest re-design ...
Read More »Microsoft lets more staff work from home
Bloomberg Microsoft Corp. joined the growing ranks of tech giants allowing some of its employees to work from home permanently if they wish. The software maker has instituted a “hybrid workplace†to give employees greater flexibility once its offices in the US reopen, the company said in a blog post. Microsoft said it’s letting any of its employees work from ...
Read More »Google sees deal within reach on proposed law on pay for news
Bloomberg Google said it’s within reach of negotiating a compromise on legislation that would force it to pay for Australian news, as the US giant continues a public campaign to get the proposed law watered down. The Australian government has drafted a world-first code to make Google and Facebook Inc. compensate publishers for the value their stories generate for the ...
Read More »Netflix bets on mobile content blitz to boost Africa grip
Bloomberg Netflix Inc. became the world’s largest subscription-streaming service by flooding the market with popular content that’s cheaper than the competition. Yet five years after it arrived in Africa, the US company is struggling to grow beyond the wealthiest segment of the population, held back by poverty, piracy and limited access to broadband. In a continent of more than a ...
Read More »Microsoft Corp unveils cheaper Surface laptop
Bloomberg Microsoft Corp. unveiled the cheapest-ever model of its Surface laptop, aiming to take a larger share of the lucrative notebook computer market by targeting students and budget shoppers. The Surface Laptop Go, starting at $549, is smaller and lighter than the company’s other notebooks and has a fingerprint scanner to log in. The device comes in three metallic finishes ...
Read More »Amazon ends development of Crucible
Bloomberg Amazon.com Inc. ended development of its first big-budget video game Crucible, highlighting the online retailer’s continued struggle to make headway in the industry. “We didn’t see a healthy, sustainable future ahead of Crucible,†the company said in a blog post. The team working on the project will be moved to other upcoming games and customers will get refunds, it ...
Read More »Apple’s $15 billion tax victory faces EU appeal at top court
Bloomberg Apple Inc.’s victory over a record back-tax order faces a challenge at the European Union’s top court as Competition Commissioner Margrethe Vestager seeks to rescue her crackdown on allegedly unfair fiscal deals doled out to multinational companies. The EU’s General Court “made a number of errors of law†when it sided with Apple in its ruling in July, the ...
Read More »Google’s search business targeted in antitrust case
Bloomberg Google’s search engine, one of the most-profitable businesses in history, is about to face its biggest challenge as the US government readies an antitrust lawsuit accusing the company of crushing competition to protect and extend its monopoly. After a 14-month investigation, the Justice Department is homing in on whether Google skews search results to favor its own products and ...
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