Source: Bloomberg

203 Stories

Foxconn is building a $2.6 billion factory in Taiwan just for Apple

According to a new report from Bloomberg, Foxconn is set to spend $2.6 billion building a new factory in Taiwan exclusively to create displays for Apple. Equipment installation for the...

Bloomberg

Apple will re-purpose the Arizona sapphire plant to save jobs

Apple has plans to repurpose a sapphire manufacturing plant in Mesa, Arizona, in an effort to preserve jobs, city officials say. The plant has been used by sapphire screen supplier...

Bloomberg

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...

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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...

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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