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New iPhone: largest screens, cheaper models

Bloomberg Apple Inc. debuted a trio of iPhones, holding fast to what’s now a familiar strategy: getting new buyers to pay higher prices and gobble up more services, like storage and entertainment, as smartphone market growth slows. The iPhone Xs, starting at $999, succeeds last year’s flagship model with a faster A12 processor and updated cameras. The iPhone Xs Max ...

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Uber to invest over $150mn in Toronto driverless car hub

Bloomberg Uber Technologies Inc. said it will spend more than $150 million in Toronto to support driverless car research. The five-year investment includes opening an engineering hub in Canada’s biggest city in early 2019 and an expansion of its Advanced Technologies Group, the unit that’s developing much of the company’s autonomous vehicle technology. Last year, Uber began building an artificial ...

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Toyota ready to share hybrid-car secrets with China

Bloomberg Toyota Motor Corp. is preparing to divulge details of the hybrid-car engine technology it pioneered with the Prius to China in an attempt to catch up with rivals in the world’s biggest auto market. Chinese officials asked Toyota to share its gasoline-electric technology to help local companies meet stricter emissions targets, people familiar with the matter said, asking not ...

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