Technology

Bloomberg Apple Inc acquired Seattle-based artificial intelligence (AI) company Xnor.ai, bringing on more talent in a key area of technology. The company, founded in 2016, had raised millions of dollars to build tools that help AI algorithms run on devices rather than remote data centres. In recent years, Apple has pushed to run this type of software on its devices ...

Bloomberg Smart speakers such as those made by Amazon.com Inc are to come under new scrutiny by the UK government when it publishes the results of a consultation into the security features of connected consumer devices. UK digital secretary Nicky Morgan said the results of the public inquiry, which concluded in June, will be released within the next “month or ...

Bloomberg Apple Inc is accused of stealing trade secrets and improperly using Masimo Corp inventions related to health monitoring in its Apple Watch. Masimo, which develops signal processing technology for healthcare monitors, and its spinoff, Cercacor Laboratories Inc, claim in a lawsuit that Apple got secret information under the guise of a working relationship and then hired away key employees, ...

Bloomberg IRobot Corp, maker of the disc-shaped Roomba robotic vacuum cleaner, said it’s working on a household helper that will have arms that could load dishes, pick up clothes, or bring food from kitchen to table. The Bedford, Massachusetts-based company won’t start selling such a product for at least five years. But prototypes of the arms exist inside its research ...

Bloomberg Zagg Inc said it is developing a wireless charger with capabilities that Apple Inc has so far failed to master with its cancelled AirPower. The new accessory will power iPhones and other mobile devices regardless of where they are placed on the charging mat, Zagg said. This feature has been a challenging goal of several technology companies in recent ...

Bloomberg Apple Inc shares surpassed $300 amid predictions for a robust holiday quarter, demand for wearables such as AirPods and planned services including streaming TV. Shares of the iPhone maker rose 2.3% to close at a record $300.35, topping the $300 mark for the first time on a split-adjusted basis. The latest gain was in stark contrast to the dismal ...

Bloomberg The world’s biggest technology companies are heading to Las Vegas for the annual CES trade show next week, with even Apple Inc making a rare official appearance. But don’t expect any breakthrough new hardware. Amazon.com Inc and Google will promote existing digital-assistant technology through their own internet-connected gadgets and similar products made by other firms. There should also be ...

Bloomberg Netflix Inc, touting the success of its original programming, said the most popular releases on its streaming service this year were things it produced: the comedy movie “Murder Mystery” and the third season of its 1980s sci-fi show “Stranger Things.” The company disclosed lists of its top 10 programmes in 33 countries, offering the most expansive report to date ...

Bloomberg A consortium led by China’s Tencent Holdings Ltd agreed to buy 10% of the world’s biggest music company, Universal Music Group, from Vivendi SA, after months of talks. The deal values Universal Music at 30 billion euros ($33.6 billion) and allows Tencent and its partners to increase the stake to as much as 20% for the same price before ...

Bloomberg Uber Technologies Inc and Postmates Inc sued the state of California, alleging that a labour rights law set to go into effect this week is unconstitutional. The lawsuit filed in Los Angeles federal court is a preemptive strike against the state’s landmark measure designed to ensure gig workers receive employment protections. Uber and Postmates argue the legislative process around ...