June, 2018

• 2 June

  Trump eases tone on N Korea with S’pore summit back on

  

  Bloomberg President Donald Trump conceded that North Korea won’t agree to immediately give up its nuclear weapons as he confirmed his June 12 summit with Kim Jong Un will go ahead. In a scene that would have been difficult to imagine even a few months ago, Trump walked former North Korean spy chief Kim Yong Chol to his black SUV ...

  Read More »
• 2 June

  All change in Italy, Spain as leaders grab reins of power

  

  Bloomberg Spain’s new leader began harnessing the unlikely forces that brought him to power while a populist government took over in Italy, capping a week of political drama that sent financial markets into turmoil as the future of the euro region again rose to the fore. In Madrid, Socialist leader Pedro Sanchez was sworn in by King Felipe VI as ...

  Read More »
• 2 June

  Venezuela grants ‘freedom’ to Ceballos, 38 others

  

  Bloomberg Venezuela President Nicolas Maduro granted conditional freedom to at least 39 political prisoners, including former opposition Mayor Daniel Ceballos, imprisoned since 2014 for allegedly encouraging violent protests in his home state. The political prisoners slated for release include some arrested during anti-government rallies over the past three years amid pitched confrontations with state security forces and Maduro’s militant supporters. ...

  Read More »
• 2 June

  Landlocked Ethiopia plans to build navy: PM

  Bloomberg Landlocked Ethiopia is planning to build a navy, Prime Minister Abiy Ahmed said during a briefing of the heads of the country’s National Defense Force. “Following the efforts made to build capacity of our national defense, we built one of the stronger ground and air forces in Africa,” the ruling party-funded Fana Broadcasting Corp. reported. “We should build our ...

  Read More »
• 2 June

  Nintendo harnesses power of Pokemon, smartphones, Switch

  

  Bloomberg Nintendo Co. is bringing together the magnetic appeal of Pokemon, smartphones and the Switch console into an interlinked gaming experience. Pokemon: Let’s Go Pikachu and Pokemon: Let’s Go Eevee were unveiled by the Kyoto-based video-game maker. They’re designed to capitalise on the blockbuster success of the Pokemon Go smartphone game and a solid year of sales for the Switch ...

  Read More »
• 2 June

  Google won’t renew Pentagon AI drone deal after staff backlash

  

  Bloomberg Google decided not to renew its contract with a Pentagon drone programme once it expires, after extensive protests from employees of the internet giant. Diane Greene, head of the cloud business at Alphabet Inc.’s Google, told staff that the company will let the deal lapse when it runs out in March 2019, according to people familiar with the meeting. ...

  Read More »
• 2 June

  Waymo expands Chrysler self-driving fleet to 62,000

  

  Bloomberg Alphabet Inc.’s Waymo is expanding its partnership with Fiat Chrysler Automobiles NV by adding tens of thousands of minivans to its fleet of self-driving cars and the two said autonomous vehicles could eventually be sold to the public. The addition of 62,000 Chrysler Pacifica plug-in hybrid minivans builds on a commitment announced in January to buy an unspecified number ...

  Read More »
• 2 June

  Apple set to unveil software to help cure iPhone addiction

  

  Bloomberg In recent months, Apple Inc. has been criticised for the addictive nature of its devices. This week, the company plans to unveil software to help cure people of their iPhone habit. On Monday, Apple will hold its annual Worldwide Developers Conference in San Jose, where it will lay out its software strategy for the next year and tease future ...

  Read More »
• 2 June

  SoftBank adds driverless tech to 300-year plan with GM deal

  

  Bloomberg SoftBank Group Corp.’s Masayoshi Son wants his company to grow for 300 years, and he’s willing to pour billions of dollars into far-out technology to make it happen. General Motors Co., a business that is already more than a century old, is now part of that plan. GM said that the SoftBank Vision Fund is investing $2.25 billion in ...

  Read More »
• 2 June

  Micron reveals China regulatory probe amid US trade tensions

  

  Bloomberg Micron Technology Inc., the largest US maker of computer memory chips, said Chinese regulatory authority representatives visited its offices in that country, potentially opening another front in a growing trade dispute between the world’s two largest economies. “Micron confirms that China’s State Administration for Market Regulation authorities visited Micron’s China sales offices on May 31 seeking certain information,” the ...

  Read More »