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iPhone X parts cost $115 more

Bloomberg The components in Apple Inc.’s new iPhone X cost $115 more than the guts of the iPhone 8 due to its pricey new screen and facial recognition scanner, according to an analysis by IHS Markit Inc. The total bill of materials for the base model iPhone X with 64 gigabytes of storage is $370.25, according to IHS’s report, excluding ...

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Zynga Inc pays $100 million for Turkish mobile card game assets

Bloomberg Zynga Inc. wants to be the go-to place for mobile card games. The San Francisco-based online gaming pioneer is acquiring the copyrights for mobile card game business of Turkish game designer Peak Games for $100 million in a deal expected to close in the fourth quarter. The Peak business is profitable and will add to earnings, Zynga Chief Executive ...

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China’s Tencent to plan driverless technology

Bloomberg Tencent Holdings Ltd. has developed its own autonomous driving system, according to people familiar with the matter, becoming the latest technology player to dive into a crowded field that could become a $42 billion industry. The social media giant intends to leverage its mapping and artificial intelligence (AI) technology to compete in a sector that’s attracted investment from the ...

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