Bloomberg Facebook Inc. has increased the number of its African users to 170 million and plans to expand further by adding wifi hotspots and laying fiber-optic cables in a bid to spread its reach outside of developed markets. The figure is 42 percent higher than when the US social network first opened an African office in 2015, Carolyn Everson, …

  LONDON / AP Britain’s High Court ruled that it can decide what mobile phone manufacturers should pay to use patented technology that is essential to make mobile networks function. In a case that helps clarify how patents are handled in the telecoms industry, Justice Colin Birss ruled that neither of the parties in the case had made a “fair, …

    Bloomberg Yunfeng Financial Group Ltd., the financial services company backed by Alibaba-billionaire Jack Ma, has created a robo-advisor application to manage the wealth of regular Chinese and Hong Kong investors, a segment traditionally neglected by banks and financial institutions. The service — called Youyu — targets anyone who has a bank account in Hong Kong with at least …