Bloomberg Google and Facebook Inc. dropped plans for an undersea cable between the US and Hong Kong after the Trump administration said Beijing might use the link to collect information on Americans. But the companies quickly submitted a revised proposal that includes links to Taiwan and the Philippines, as envisioned in the application that was withdrawn last week. The new ...

Bloomberg Verily, the Alphabet Inc. life sciences unit that’s previously targeted mosquito-borne illness and launched Covid-19 testing programs, is getting into the health insurance business. The San Francisco Bay Area company announced a new subsidiary named Coefficient Insurance that will also be backed by Swiss Re Corporate Solutions, the commercial insurance unit of Swiss Re Group. The company will sell ...

Bloomberg Apple Inc. terminated Epic Games’s App Store developer account, escalating a bitter legal fight over the iPhone maker’s controversial fees and rules. This means Epic can’t submit new apps or updates to the App Store and it prevents iPhone users from making purchases inside Epic’s popular Fortnite video game via Apple’s payment system. It will also leave the Apple ...