Bloomberg Apple Inc. is fixing supply problems with the iPhone X, its most important device in years, setting the company up for a better-than-expected holiday period. Supported by resurgent iPad and Mac sales, the 10-year anniversary iPhone will help push revenue to a record high of $84 billion to $87 billion in the quarter ending in late December, Apple said ...
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Microsoft, Oracle, IBM to alter pay to push cloud sales
Bloomberg Microsoft Corp., Oracle Corp. and IBM—looking to stoke demand for cloud computing services—are said to be shifting incentives for their sales representatives, pushing them to ensure customers become active users over the long haul. Microsoft in July revamped the way it pays its sales staff to tie incentives to how much customers actually use cloud-based software—rather than how many ...
Read More »Qualcomm chip business stays strong in midst of Apple fight
Bloomberg Qualcomm Inc. issued a surprisingly bullish forecast for the current quarter, showing that robust demand for the company’s chips in China is making up for lost revenue from a bruising legal brawl with Apple Inc. Sales in Qualcomm’s fiscal first quarter will be $5.5 billion to $6.3 billion. Earnings per share, excluding some items, will be 85 cents to ...
Read More »Sony Corp’s iconic aibo robotic dog makes a comeback
Bloomberg Sony Corp. is bringing back its iconic robotic dog, aibo. The new version (which Sony is marketing as “aibo†instead of the prior “AIBOâ€) comes equipped with a powerful computer chip, OLED displays for eyes and the ability to connect to mobile networks. Like its predecessor, the new pet toy responds to voice commands and can bark, sit and ...
Read More »Sony’s bet on 3D sensors that can see the world
Bloomberg One of Sony Corp.’s most promising bets on the future is hiding in plain sight. Inside the electronics maker’s Atsugi Technology Center, a research campus located an hour outside Tokyo, engineers and researchers are developing sensors that can detect people and objects by calculating how long it takes for light to reflect off surfaces. With plans to go into ...
Read More »Delphi buys self-driving startup NuTonomy for $450 million
Bloomberg Delphi Automotive Plc agreed to acquire self-driving startup NuTonomy Inc. for $450 million, speeding up its plans to supply carmakers with autonomous vehicle systems. NuTonomy will add more than 100 employees, including 70 engineers and scientists, to roughly double Delphi’s team developing autonomous driving software, according to a statement. The company was spun out from a research and technology ...
Read More »Google’s new software to make chemists’ use easy
Bloomberg Google unveiled software aimed at making it easier for scientists to use the quantum computers in a move designed to give a boost to the nascent industry. The software, which is open-source and free to use, could be used by chemists and material scientists to adapt algorithms and equations to run on quantum computers. It comes at a time ...
Read More »Nintendo takes Animal Crossing to phones in new move
Bloomberg Nintendo Co. has made its biggest move in mobile gaming so far with plans to add Animal Crossing: Pocket Camp as its third smartphone title. The game will be available on both Apple Inc.’s iOS and Android from late November and is the first smartphone iteration of a popular series about anthropomorphic animals. It will be free to download ...
Read More »Foxconn, IDG seek $1.5bn to fund auto-tech startups
Bloomberg Foxconn Technology Group and venture firm IDG Capital are seeking to raise a 10 billion yuan ($1.5 billion) fund to seed startups in automotive technologies from self-driving AI to battery development, according to a presentation for investors. Foxconn and IDG initiated talks with government-backed funds, financial institutions and financiers several months back, according to a document presented to potential ...
Read More »Sidewalk, Waterfront Toronto to build digital city in Canada
Bloomberg Alphabet Inc.’s autonomous vehicle technology will be a big part of its Toronto project to make urban life more Googley. Sidewalk Labs LLC, a unit of Google parent Alphabet, and Waterfront Toronto unveiled plans to build a digital district in Canada’s largest city. Sidewalk’s official plans filed with the city and released include visions of all sorts of robotic ...
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