Technology

Key Apple designer lands at home robotics startup

Bloomberg Rico Zorkendorfer, among several members of Apple Inc’s industrial design team to leave the company in recent months, has joined Bumblebee Spaces, a startup seeking to merge robotics with home furnishings. Zorkendorfer left Apple in April and is now leading design at the San Francisco-based startup that is combining smart home products and robotics, Sankarshan Murthy, the company’s co-founder ...

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Uber plans to launch boat taxis in Nigeria’s capital city

Bloomberg Uber Technology is planning to launch its boat business in Lagos, Nigeria’s commercial capital and biggest city, to beat traffic congestion. The ride-hailing service company is in talks with the Lagos state government and regulatory authorities to start Uber Boats services on its waterways, Uber’s Chief Business Officer Brooks Entwistle said in an interview. “We know the traffic is ...

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Scooters help Europeans dodge sweat after Germany launch

Bloomberg E-scooters have only been legal in Germany for a matter of days, but public curiosity — as well as a Continental heatwave — has already made them a common sight in many cities. Lawrence Leuschner, chief executive officer of one of Europe’s biggest e-scooter providers, Tier Mobility, said the app required to locate and unlock a Tier scooter was ...

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Rolls-Royce’s chief looks to electric-aircraft future

Bloomberg Rolls-Royce Holdings Plc’s Warren East said he’s keen to lead the engine maker into a new age of electrically powered aircraft after spending years focussed on costs cuts and restructuring. The CEO, recruited by Rolls from semiconductor developer ARM Holdings Plc, said his enthusiasm for leading the UK engineering giant is undimmed by the saga of firings, disposals and ...

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Huawei and its weapons of economic warfare

Bloomberg As Huawei Technologies Co. comes under unrelenting pressure from the Trump administration, the Chinese telecom giant has one advantage that the US can’t undermine: a vast, global portfolio of patents on critical technology. Huawei holds 56,492 active patents on telecommunications, networking and other high-tech inventions worldwide, according to Anaqua’s AcclaimIP. And it’s stepping up pursuit of royalties and licensing ...

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Bitcoin futures important than many appreciate: JP Morgan

Bloomberg Bitcoin futures may be more important than many in the market appreciate, according to JPMorgan Chase & Co. Recent reports from cryptocurrency asset manager Bitwise and the Blockchain Transparency Institute indicate that only a small percentage of reported trading may be authentic. If only around 5% of reported May trading of $725 billion is genuine, it would imply that ...

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Pinterest latest firm drawn into US culture wars

Bloomberg An effort by the social media company Pinterest to limit the spread of medical conspiracy theories blocked one of the most prominent anti-abortion groups in the US from sharing its content on the site. And it’s put the social media company squarely in the middle of today’s culture wars. The anti-abortion organisation, Live Action, and conservative activist James O’Keefe ...

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‘GM, Fiat Chrysler are Tesla’s secret source of cash’

Bloomberg For years, Tesla Inc. has hauled in revenue by selling credits to other carmakers that needed to offset sales of polluting vehicles to US consumers. These sorts of transactions have largely been shrouded in secrecy — until now. General Motors Co. and Fiat Chrysler Automobiles NV disclosed to the state of Delaware earlier this year that they reached agreements ...

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Amazon unveils new drone for deliveries

Bloomberg Amazon.com Inc has unveiled a revolutionary new drone — part helicopter and part science-fiction aircraft — that the company expects to use for test deliveries of toothpaste and other household goods starting within months. The new device takes off vertically, then tilts to fly horizontally like a plane. It also features artificial intelligence, using a suite of sensors the ...

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Walmart to put groceries in the fridge while you’re out

Bloomberg Walmart Inc already sells more food than anyone else. Now it wants to put those groceries right in your fridge. Beginning this fall, about 1 million people in Pittsburgh, Kansas City, and Vero Beach, Florida, will be able to get cereal and celery while away from home. Walmart staffers — sporting wearable cameras — will arrive in company-owned cars ...

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