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GM set to announce $1 billion US investment plan

  Bloomberg General Motors Co. is set to announce a $1 billion US investment plan, joining Hyundai Motor Co. and Kia Motors Corp. among the latest automakers to outline their spending amid pressure from President-elect Donald Trump to create jobs. The largest US automaker plans to say on Tuesday it will invest in US plants over several years, and expects ...

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Automated traders move towards bitcoin

  Bloomberg Zhou Shuoji is not a bitcoin believer. He says the cryptocurrency will never replace its traditional forebears, and he calls most of its proponents fanatics. But for Zhou, a 35-year-old high-speed trader in Beijing, bitcoin is also too good to resist. His computers trade it 24 hours a day, seven days a week. Using lightning quick orders, they ...

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LG, Dolby unveil advanced Blu-ray player

  Dubai / Emirates Business LG Electronics (LG) and Dolby Laboratories, Inc. (NYSE: DLB) announced the LG UP970 Ultra HD Blu-ray player, LG’s first 4K Blu-ray player which will support Dolby Vision high-dynamic -range (HDR) imaging. LG’s UP970 Ultra HD Blu-ray player delivers a more immersive and vivid viewing experience than ever before. Leveraging the HDR technology that powers Dolby’s ...

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