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S Korea’s weaker GDP growth raising hurdle to rate increase

Bloomberg Weaker-than-expected growth in South Korea’s economy is raising fresh questions about whether the Bank of Korea will get its long-awaited interest rate hike next month. While stronger net exports helped sustain expansion, a second-straight quarterly decline in corporate capital investment and a sharp drop in hiring are evidence that the economy is losing steam. Gross domestic product expanded 0.6 ...

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Alibaba used shoppers’ data to invent a spicy snickers bar

Bloomberg Brands spend hundreds of millions of dollars each year trying to figure out what consumers want. Now Alibaba is offering to help by vacuuming data up from the legions of people shopping, searching and sharing on its various platforms and providing it to companies eager to create products that will resonate with Chinese consumers. In recent months, Alibaba has ...

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Qualcomm seeks to cut patent claims from Apple license fight

Bloomberg Qualcomm Inc. is trying to steer a big chuck of its billion-dollar dispute with Apple Inc. over the use of fundamental technology for mobile phones away from what it sees as a sideshow over patents. At a hearing, Qualcomm asked a federal judge in San Diego to throw out as moot all claims by Apple related to nine “handpicked” ...

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