Source: Bloomberg

203 Stories

Intel is merging its PC and mobile computing divisions

Chip-making giant Intel is set to merge its mobile and tablet division together with the part of the company that makes processors for personal computers. The company's chief executive, Brian...

Bloomberg

Microsoft succeeds Exxon as the world’s second most valuable company

Riding high under the leadership of Satya Nadella, Microsoft has surpassed Exxon Mobil to become the second-most valuable company in the world, placing it just behind Apple, which holds the...

Bloomberg

US Navy deploys its first ever functional laser weapon

It's official: the US Navy has entered the future. Vice Admiral John Miller tells Bloomberg that the USS Ponce, an amphibious transport, has been using the Navy's Laser Weapon System...

Bloomberg

United Airlines to upgrade its Newark terminal with iPads

Newark International Airport is renounced for its habitually tardy flights, but in an effort to woo (and distract) flyers, United Airlines announced today that it’s planning to give its main...

Bloomberg

Apple and Alibaba could join forces on mobile payments in China

Apple's love fest with China may further extend to include Alibaba, following suggestions from both companies that a tieup in mobile payment could be a possibility. Speaking separately Tuesday at...

Bloomberg

Thousands of Hungarians are protesting the country’s “Internet Tax”

Trouble is brewing in Hungary, as thousands of concerned citizens took to the streets in Budapest to protest a new proposed tax on internet use. Over 10,000 protesters marched through...

Bloomberg

FCC delays its smartphone airwaves auction until 2016

T-Mobile has done a lot to improve its network over the past couple of years, but even the scrappy “Un-carrier” has admitted that it would not be able to match...

Bloomberg

Google acquires more premium office space in Redwood City

Google reportedly purchased six office buildings from Starwood Capital Group LLC and Blackstone Group LP for $585 million, according to Bloomberg. The facilities are located at the Pacific Shores Center...

Bloomberg

Christian Bale confirmed to be portraying Steve Jobs

Christian Bale will star as late Apple CEO Steve Jobs in the upcoming biopic from director Danny Boyle. Screenwriter Aaron Sorkin confirmed the decision in an upcoming interview with Bloomberg...

Bloomberg

Cloud-computing startup Mirantis raises $100 million in funding

Mirantis, one of the startups that sell distributions of OpenStack open-source cloud software, has capped off a seriously big Series B funding round totaling $100 million. The news from the...

Bloomberg

IBM to pay Globalfoundries $1.5 billion to offload its chip business

Earlier, IBM put out a press release that it will be making a big announcement tomorrow morning before its quarterly earnings call, and it looks like the announcement is that...

Bloomberg

Lockheed Martin’s Skunk Works is developing a fusion reactor

Lockheed Martin has announced its Skunk Works has been working on a fusion reactor, in the hopes of meeting the world's demands for energy. The compact fusion reactor, or CFR,...

Bloomberg