Bloomberg Facebook Inc. is building a team to design its own semiconductors, adding to a trend among technology companies to supply themselves and lower their dependence on chipmakers such as Intel Corp. and Qualcomm Inc., according to job listings and people familiar with the matter. The social media company is seeking to hire a manager to build an “end-to-end SoC/ASIC, ...

Bloomberg Former Yahoo Chief Executive Officer Marissa Mayer is starting a technology business incubator, Lumi Labs, with longtime colleague Enrique Munoz Torres. The venture will focus on consumer media and artificial intelligence, according to the company’s website, which is set against a backdrop of snow-covered peaks. Lumi means snow in Finnish, Mayer told the New York Times, which reported the ...

Bloomberg Facebook Inc. set a lobbying record in the first three months, just as an uproar flared up the leak of data on millions of users’ without their permission. The company spent $3.3 million, according to disclosures filed with the government, up from the $3.21 million it spent in the same period a year earlier, which represented the company’s prior ...