Technology

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 ...

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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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Podcaster Wondery explores sale for hundreds of millions

Bloomberg Wondery Inc., the company behind hit podcasts has hired financial advisers to explore strategic options, including a potential sale, hoping to cash in on growing interest from technology and media firms. Wondery is expected to garner at least $200 million if it pursues a sale and could fetch as much as double that, which would represent the biggest podcasting ...

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Facebook tightens rules on what its staff can discuss

Bloomberg Facebook Inc. will require employees to use either their own picture or an image of their initials as their internal profile photo as part of a broader effort to encourage more respectful discourse internally. The policy will prohibit using profile images with political content. The company will also create dedicated groups on its internal employee network for people to ...

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Google targets carbon-free power for data centers by 2030

Bloomberg By the start of the next decade Google wants to make sure all the electricity it uses for its data centers and offices will be truly 100% carbon free. Under its previous pledge the tech giant has been offsetting its consumption with direct renewable electricity purchases and the associated certificates. On paper, that allowed it to claim it used ...

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IPhone users rush to install WeChat in US

Bloomberg IPhone users in the US are rushing to install messaging app WeChat days before President Donald Trump is set to ban downloads in the country. WeChat downloads surged to make it the 100th most-downloaded app in the US, according to mobile analytics firm SensorTower. It has typically ranked between 1,000th and 1,500th this year. This is the first time ...

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Singapore to pay its citizens for keeping healthy with Apple watch

Bloomberg Apple Inc. and the government of Singapore have partnered on a two-year health initiative dubbed LumiHealth, which is built around tracking and rewarding user behaviour through the Apple Watch gadget and an iPhone app. As part of the scheme, Singapore residents will be able to earn as much as S$380 ($280) in rewards and vouchers by completing goals and ...

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Apple updates iPad Air with all-screen look, lifts price to $599

Bloomberg Apple Inc. announced a revamp to the iPad Air that makes the tablet look like the pricer iPad Pro line by removing long-time features such as the Home Button and adding an edge-to-edge screen. The updated iPad Air has a 10.9-inch edge-to-edge screen similar to the iPad Pro. That’s up from 10.5-inches on last year’s models. Prices start at ...

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Once a handset superpower, Nokia still commands a potent weapon

Bloomberg A good decade after Nokia Oyj’s mobile-phone business suffered a fatal blow at the hands of the iPhone, the Finnish company is still feeding off a lucrative asset that it salvaged from the wreckage. Nokia retained a catalogue of thousands of wireless communications patents that is steadily growing thanks to a thriving research operation. Now an attempt to change ...

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TikTok pushing forward with deal to meet looming deadline

Bloomberg TikTok is pressing forward with plans for a sale of its US operations ahead of a mid-September deadline, according to a person familiar with the matter, even as signs emerge that the video-sharing app is facing pressure to shut down rather than make a deal. The app, owned by China’s ByteDance Ltd., is still considering bids from two possible ...

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