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EMagin exec says Apple didn’t invest in ‘company’

Bloomberg EMagin Corp. Chief Financial Officer Jeffrey Lucas said that Apple Inc. didn’t invest in the augmented-reality display component maker, contradicting a listing in a regulatory filing mentioning the technology giant. An EMagin filing with the Securities and Exchange Commission listing Apple among “specified investors” was reported by TechCrunch, Bloomberg News and others. The document, from Jan. 23, proposed an ...

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Here is where Chinese tech firms can and can’t innovate

China’s biggest tech companies are emblems of national pride. When the government decides upon a priority, Tencent Holdings Ltd., Alibaba Group Holding Ltd. and Baidu Inc. are often asked to help devise the technology to achieve it. The companies are generally spared from official criticism, let alone interference with their commercial operations. Those privileges aren’t absolute, however, as Tencent recently ...

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BOE would do better to wait

The markets may have had bigger things to worry about last week than the Bank of England’s statement that interest rates will rise earlier than previously expected. But they were still stunned by the announcement. Such a hawkish turn would make perfect sense under normal circumstances; inflation is above the bank’s target and there is no sign that the global ...

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