Technology

Bloomberg Judging from General Motors Co.’s test cars and Elon Musk’s predictions, the world is headed towards a future that’s both driverless and all-electric. In reality, autonomy and battery power could end up being at odds. That’s because self-driving technology is a huge power drain. Some of today’s prototypes for fully autonomous systems consume two to four kilowatts of electricity—the ...

Bloomberg Google introduced new versions of its Pixel smartphones that lack key hardware features of the latest devices from Apple Inc. and Samsung Electronics Co. But the internet giant is trying to make up for that with tighter software and services integration. The upgraded phones were presented at a press conference in San Francisco. The Pixel 2 has a 5-inch ...

Bloomberg Taiwan Semiconductor Manufacturing Co. chairman and founder Morris Chang will retire in June next year, handing the helm of the world’s largest producer of made-to-order microchips to the company’s two co-chief executives. Breaking with tradition, Chang used his retirement announcement to issue a 2017 revenue forecast that surpassed analysts’ estimates. TSMC’s sales growth should be close to 10 percent ...

Bloomberg Tesla Inc. pushed back the reveal of its semi truck by three weeks as Chief Executive Officer Elon Musk focusses on boosting production of the cheaper sedan that the electric-car maker is counting on to dramatically increase sales. Resources are being diverted to address the bottlenecks holding back the Model 3, Musk said. He’s also delaying the semi unveiling ...

Bloomberg Facebook Inc.’s platform was a crucial messaging tool for President Donald Trump’s 2016 campaign, according to the campaign’s digital director—who told CBS’s “60 Minutes” that he hand-picked pro-Trump “embeds” from the company to help him use the platform in targeted ways. “Twitter is how [Trump] talked to the people, Facebook was going to be how he won,” Brad Parscale ...

Bloomberg Amazon.com Inc., girding for competition from Apple Inc. and Google in the race to equip homes with smart devices, unveiled a slew of consumer gadgets including an Alexa-powered digital-home hub, a smaller and cheaper Echo speaker and a new mini Echo with a screen, called Spot. Though hardware products aren’t key to Amazon’s bottom line, they serve as important ...

Bloomberg Roku Inc.’s trading debut has catapulted it among the biggest gainers for newly listed technology and communications stocks as investors bet on the success of streaming video. The shares closed at a high on its first day of trading at $23.50, up 68 percent from its $14-a-share initial public offering price. That surpassed MuleSoft Inc.’s first day rise in ...

Bloomberg Toshiba Corp. signed a final agreement to sell its flash memory chip business to a group led by Bain Capital for about $18 billion, moving a step closer to completing the deal after months of contentious negotiations. The Bain consortium includes major technology players Apple Inc., Dell Inc., SK Hynix Inc. and Japan’s Hoya Corp., while Toshiba itself will ...

Bloomberg For 19 nonstop hours as Hurricane Irma lashed Florida, disc jockey Nio Fernandez broadcast updates in Spanish from the 92.5 Maxima radio studios in St. Petersburg, fielding updates from those trapped in their homes as wind and rain whipped through the area. “There was a sense of desperation in people’s voices,” he said of callers to the station. “They ...

Bloomberg It’s been 10 years since Apple Inc. unleashed a surge of innovation that upended the mobile phone industry. Electric cars, with a little help from ride-hailing and self-driving technology, could be about to pull the same trick on Big Oil. The rise of Tesla Inc. and its rivals could be turbo charged by complementary services from Uber Technologies Inc. ...