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NYC awaits Apple as FB, Google pounce in tech office boom

Bloomberg One year after the tech giant announced it would bring hundreds of jobs to New York, and on the heels of major Manhattan lease announcements by Facebook Inc and Amazon.com Inc, the city’s real estate industry is wondering when the iPhone developer will make its move. “The absence is surprising,” Jim Underhill, chief executive officer of commercial-property firm Cresa. ...

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Mercedes to pay up to $20mn for recall lapses

Bloomberg Daimler AG’s Mercedes Benz has agreed to pay as much as $20 million in penalties for violations of how it operated its vehicle recall programme. Mercedes Benz’s US arm must pay $13 million immediately while the remainder is deferred in case there are additional violations. The penalty was announced by the National Highway Traffic Safety Administration. The company had ...

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Apple, Google, Amazon want one language for smart devices

Bloomberg Apple Inc, Alphabet Inc’s Google and Amazon.com Inc — three of the biggest smart-home and voice-assistant providers — are joining forces to make internet-connected homes easier to set up and safer to use. The rivals announced that they’re working with the Zigbee Alliance, a foundation that promotes standards for the Internet of Things, and its members including Samsung Electronics ...

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