Technology

Bloomberg Waymo is in advanced talks to develop autonomous cars with Renault SA, Nissan Motor Co. and Mitsubishi Motors Corp., according to people familiar with the matter, in a move that would join a leading self-driving force with the world’s largest automotive alliance. A deal between the three carmakers and Alphabet Inc.’s self-driving unit could include making driverless taxis, said ...

Bloomberg Facebook Inc. said it acquired visual shopping and artificial intelligence startup GrokStyle Inc. in a move to bolster the social-media company’s own AI work. GrokStyle’s technology, which was integrated into Ikea’s mobile app, was simple in practice. A user takes a picture of a piece of furniture and the technology would match it to similar products that could be ...

Bloomberg Luminance Technologies Ltd., a UK company that sells artificial intelligence (AI) software that helps lawyers review documents and conduct due diligence, has been valued at $100 million in its latest funding round. The company said it got $10 million from existing investors, including venture capital firms Invoke Capital and Talis Capital, as well as the law firm Slaughter and ...

Bloomberg Apple Inc. plans to launch iPhones with a more-powerful 3-D camera as soon as next year, stepping up the company’s push into augmented reality, according to people familiar with the plans. The rear-facing, longer-range 3-D camera is designed to scan the environment to create three-dimensional reconstructions of the real world. It will work up to about 15 feet from ...

Bloomberg Nokia Oyj forecast a stagnant market for phone equipment this year, sending shares down the most in six months as investors looking for signs it could benefit from a crackdown on Chinese rival Huawei Technologies Co. were disappointed. Nokia also projected weaker-than-expected 2019 earnings as carriers delay buying the 5G systems that are key to its growth, including in ...

Bloomberg Microsoft Corp.’s search engine Bing was blocked in China due to an accidental technical error rather than an attempt at censorship, according to people familiar with the matter, and the search engine is once again accessible in the country. The government had no intention to block Bing when it stopped working. Microsoft said in a statement that Bing’s service ...

Bloomberg Adyen NV says it saves merchants millions of dollars by streamlining card-payment transactions. The fintech firm, thousands of miles from Silicon Valley, is making its founders a lot more. Chief Executive Officer Pieter van der Does, Chief Technology Officer Arnout Schuijff and former innovation director John Caspers have all become billionaires since Adyen’s June initial public offering, according to ...

Bloomberg Mighty AI spent much of its first five years building software that helps self-driving cars recognise real-world objects. The Seattle startup went so far as to open a Detroit office to cozy up to the auto industry. Then last February, Mighty AI’s sales team received an unusual request: Instead of identifying pedestrians and cars, could they track items plucked ...

Bloomberg Tencent Holdings and Netease Inc were again left out when regulators green-lit the latest batch of online games, spurring concern that China’s largest gaming companies may have to wait longer than anticipated to start making money off hit titles. Neither company appeared on a list of 93 domestic games approved for licenses in January and were also absent from ...

Bloomberg A Boeing Co flying car designed to whisk passengers over congested city streets and dodge skyscrapers completed its first test flight, offering a peek into the future of urban transportation the aerospace giant and others are seeking to shape. A prototype of its autonomous passenger air vehicle completed a controlled takeoff, hover and landing during the test conducted in ...