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Microsoft in talks to buy Discord for $10b

Bloomberg Microsoft Corp. is in talks to acquire Discord Inc., a video-game chat community, for more than $10 billion. Discord has been talking to potential buyers and software giant Microsoft is in the running, but no deal is imminent, said the people, who asked not to be identified because the discussions are private. Discord is more likely to go public ...

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Murdoch plans to shake up UK news with ‘aggressive’ TV service

Bloomberg Media mogul Rupert Murdoch has chosen a former Fox News executive to unleash his controversial brand of journalism on British screens. But David Rhodes insists he’s not bringing the US network’s brash playbook to London. “It wouldn’t work in this market,” the News UK TV president said in an interview with Bloomberg News. “If you look at News Corp.’s ...

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Italy’s population falls most in 100 years

Bloomberg Italy’s population shrank in 2020 by the most in over 100 years, as measured by the number of births minus deaths, with the coronavirus pandemic amplifying a trend that’s been underway since 2007, according to a report released by Istat. The number of deaths outnumbered births by 342 thousand, the most since 1918. The overall population fell by 384 ...

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German ministry backed strategy shielding Wirecard

Bloomberg Germany’s Finance Ministry gave explicit backing in 2019 to financial regulator BaFin’s controversial approach to fraud accusations at Wirecard AG, raising questions about its role in one of the biggest corporate scandals in recent history. In a March 2019 phone call, Deputy Finance Minister Joerg Kukies gave the head of BaFin, Felix Hufeld, broad support for his efforts to ...

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Intel spending billions to revive manufacturing

Bloomberg Intel Corp. unveiled an ambitious bid to regain its manufacturing lead by spending billions of dollars on new factories and creating a foundry business that will make chips for other companies. The plan, launched by new Chief Executive Officer Pat Gelsinger, is an aggressive move that puts Intel into direct competition with Taiwan Semiconductor Manufacturing Co., the world’s most-advanced ...

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Mercedes to unveil flagship electric Sedan with Tesla-beating battery

Bloomberg Mercedes-Benz is about to unveil a new flagship model it expects to boast market-leading battery range, following through on its pledge to compete in the luxury electric-vehicle segment with top technology. The April 15 debut of the EQS — the first Mercedes built on dedicated electric-car underpinnings — will mark a milestone for the German brand that’s been criticised ...

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Facebook to start reopening Silicon Valley offices in May

Bloomberg Facebook Inc. will start to reopen its Silicon Valley offices beginning in May, a signal the technology industry may return — at least in part — to the office after more than a year of working from home during the global pandemic. Facebook will begin by opening Bay Area offices at just 10% capacity, and expects that its largest ...

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Google seeks to test drones for firefighting

Bloomberg Google asked the US Federal Aviation Administration for permission to test drones to research how the technology can help monitor and control fires, before abandoning the effort. The Alphabet Inc. company’s climate and energy research group said it planned to use the drone at a private property in Firebaugh, California, according to a filing with FAA. Those plans have ...

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Apple mulls launching rugged watch for extreme sports

Bloomberg Apple Inc. is considering launching an Apple Watch with a rugged casing aimed at athletes, hikers and others who use the device in more extreme environments, reports said. The Cupertino, California-based technology giant has internally discussed introducing such a Watch variation later in 2021 or 2022 at the earliest, said the people. This is at least the second time ...

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Taqa to invest AED40bn more in its UAE regulated asset base

ABU DHABI / WAM Abu Dhabi National Energy Company PJSC (Taqa group), one of the largest listed integrated utility companies in the region, announced on Wednesday its 2030 vision for sustainable and profitable growth. The strategic plan places at its core the global acceleration of the energy transition, and Taqa’s ambition to become a champion for low carbon power and ...

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