Technology

Bloomberg In many ways, China’s Lunar New Year holiday is America’s Thanksgiving, Christmas and Independence Day all rolled into one. Millions of Chinese take planes and trains to make the journey home (or abroad) to visit family and friends. Copious amounts of food are shared and gifts are exchanged as people ring in the first days of the moon’s new …

Bloomberg The link between property and transport has been perhaps the most durable in human history. Since the ancients, few things have delivered higher land values with more certainty than advances in transport, from roads to canals, railways to highways. It’s still “a no-brainer” in the 21st century, says Bridget Buxton. She bought a fixer-upper with her husband in a …

Bloomberg Bell Helicopter, which has tied up with Uber Technologies Inc. to revolutionise mass transportation, expects to bring the first air-taxis under the partnership by the middle of next decade, according to an executive at the Textron Inc. unit. “Air taxi is the next way for our industry, and it’s very important for us to make sure we are among …

Bloomberg Eastman Kodak Co. is warning that several fraudulent websites and Facebook accounts are promoting and even claiming to already be selling its planned digital token. The warning, sent in an email to potential investors, comes as Securities and Exchange Commission Chairman Jay Clayton is testifying before Congress about initial coin offerings and coin-related scams. Regulators have been increasingly scrutinizing …

Bloomber Two years after returning as Twitter Inc.’s chief executive officer, Jack Dorsey has pulled the company back from the brink, persuading people to spend more time on the micro-blogging site and attracting more advertising. Investors ratified his efforts this week, when Twitter posted a surprise surge in revenue growth and a first-ever profit. The shares rose 12 percent. Now …

Bloomberg Apple Inc. quelled investor concern with results showing solid demand for its flagship iPhone X and a pledge to put its cash hoard to work in buybacks, dividends and acquisitions. The average selling price for the iPhone, Apple’s most important gadget, was $796 in the crucial holiday quarter. That was up from less than $700 a year earlier and …

Bloomberg Tesla Inc. is planning a major expansion of its solar division at Home Depot Inc., embarking on a critical test of the mainstream appeal of its renewable-energy products. The tech pioneer, best known for its electric cars, is beginning to roll out Tesla-branded selling spaces at 800 of the retailer’s locations, the company confirmed to Bloomberg News. The areas, …

Bloomberg Motorola Solutions Inc. sees an opening to take advantage of a backlash against Chinese-made technology products with its latest acquisition. The Chicago-based company agreed to pay about $1 billion including debt for Avigilon Corp., which makes security cameras and video analytics systems for airports, railroads, cities and other commercial enterprises, according to a statement Thursday. Motorola agreed to pay …

Bloomberg The future of driverless driving looks like a giant toaster with a funny hat. That’s an approximation of a new autonomous vehicle by Nuro, a Silicon Valley startup that’s been cryptic about its business plan since it launched about 18 months ago. Nuro’s shiny, minimalist appliance on wheels doesn’t have doors or windows to speak of, because it will …

Bloomberg Porsche AG will pursue a three-pronged strategy to diversify its lineup as the German manufacturer gears up for the rollout of its first all-electric sports car next year to tackle a fundamental industry shift towards battery-powered vehicles. “There will be a triad: plug-in hybrids, emotional sports cars with combustion engines and sporty electric vehicles,” Chief Executive Officer Oliver Blume …