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Samsung expands payment business to smartwatches

  Bloomberg Samsung Electronics Co. unveiled its new wristwatch device in Berlin, which includes support for contactless payments, as the company pushes to catch up to Apple Inc. in a still nascent market of wearable products. At the IFA technology tradeshow, the world’s biggest smartphone maker introduced the Gear S3 Classic and Gear S3 Frontier — two variations of the ...

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Twitter jumps after co-founder says company has to consider M&A

  Bloomberg Twitter Inc. jumped as much as 5.8 percent, the most in two weeks, after co-founder Ev Williams said in an interview with Bloomberg TV that the company has to weigh all options amid ongoing speculation it’s a takeover target. Williams initially declined to comment when asked by Bloomberg’s Emily Chang whether Twitter can remain an independent company. He ...

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Baidu envisions robot cars

  Bloomberg Baidu Inc. has unveiled its latest plans to stake out a spot in the burgeoning field of artificial intelligence, including a partnership with Nvidia Corp. to develop driver-less cars and a home gadget akin to Amazon.com Inc.’s popular Echo. Chief Executive Officer Robin Li is banking on AI to jumpstart a slowing internet search and advertising business. It ...

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