Bloomberg Twitter Inc. will let users record and post their tweets as short audio clips directly in the app, which other users can then listen to from their Twitter feed. The idea is to give people more space to share than allowed by typing the maximum 280 characters. “Sometimes 280 characters aren’t enough and some conversational nuances are lost in …
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Germany’s fintech star falls after missing billions at Wirecard
Bloomberg Just a month ago, the chief executive officer of Wirecard AG boasted on Twitter that the future would still be bright for the digital payments company when “all the noise and dust settles.†At the time, Markus Braun was a paper billionaire. But over the course of a couple of days, the fintech veteran has been forced to step-down …
Read More »Satellite firm works to fly delivery drones hundreds of miles
Bloomberg Inmarsat Group Holdings Ltd. says it’s found a way to safely fly civil drones over long distances, a step that may help pave the way for mass adoption by industries from transportation to energy and infrastructure. Current rules mean most non-military users have to keep drones where they can see them and can only operate one at a time …
Read More »AT&T considers selling gaming unit in $4b deal
Bloomberg AT&T Inc. is considering a sale of Warner Bros. video-game unit, a business that could fetch about $4 billion and help the company pare down its almost $200 billion in debt, CNBC reported. Activision Blizzard Inc., Electronic Arts Inc. and Take-Two Interactive Software Inc. are interested in potentially buying the division, according to CNBC, which cited unidentified people familiar …
Read More »Rwanda deploys robots in fight against Covid-19
Bloomberg After succesfully deploying drones to enforce a lockdown and curb the spread of the coronavirus, Rwanda has now enlisted the help of five robots. The nation that’s been at the forefront of technology adoption on the continent will use the Belgium-made robots at a Covid-19 treatment center to test patients’ temperatures and to alert security when people don’t wear …
Read More »Apple removes two podcast apps from app store at China’s request
Bloomberg Apple Inc. removed podcast apps Pocket Casts and Castro from its App Store in China at the request of the Cyberspace Administration of China, the apps’ developers said this week. “We believe podcasting is and should remain an open medium, free of government censorship,†Pocket Casts wrote on Twitter. “As such we won’t be censoring podcast content at their …
Read More »Smartphone shipments may drop 12% in 2020
Bloomberg Worldwide smartphone shipments are expected to fall by 11.9% this year — their biggest annual drop ever — indicating things are going to get worse for the industry before they get better. In its latest market forecast, research firm IDC anticipates shipments of 1.2 billion in 2020, down from just under 1.4 billion last year. The annual forecast follows …
Read More »Headphones that went from in-flight freebie to global icon
Bloomberg Sennheiser’s HD 25 headphone was not originally designed for DJs. Though today it’s considered an essential piece of equipment behind the decks—worn by the likes of Calvin Harris, Luciano, Richie Hawtin, Martin Solveig, and scores of other boldface names—they were first designed in 1988 for broadcast booths and recording engineers. In 1989, the German audio company started supplying the …
Read More »Green climate tech key to Covid-19 recovery plans
Bloomberg In the wake of the historic global economic shutdown in response to the Covid-19 pandemic, governments are unleashing trillions of dollars in a bid to create jobs and spur economic recovery. The scale of this stimulus is unprecedented, in some cases amounting to more than 10% of countries’ gross domestic product. At the same time, an overwhelming number of …
Read More »Zoom Video jumps to record with market cap now above $50 billion
Bloomberg Zoom Video Communications Inc. soared to a record with a rally in the last hour of trading helping the company close with a market value above $50 billion for the first time. The maker of video conferencing software rose 9.7% to $179.48, giving it a market value of $50.6 billion, bigger than tractor maker Deere & Co. and pharmaceutical …
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