ZeniMax Media Inc.’s request for a court order blocking sales of unspecified models of the Oculus Rift, which is priced at $600 with controllers, follows a $500 million verdict in February over claims that Oculus and some of its executives purloined proprietary information when they designed the headset prototype.
The Apple lawsuit was first filed days after the US Federal Trade Commission lodged an antitrust complaint that Apple was being forced to exclusivity use Qualcomm chips in return for lower licensing fees. Regulatory agencies around the world have been investigating Qualcomm.
Now that Chief Executive Officer Travis Kalanick has stepped aside indefinitely, Uber Technologies Inc. is making big concessions to clean up its image and keep drivers from defecting. The most noteworthy addition is the ability for customers to tip their drivers inside the app.
"Technology is certainly replacing jobs,'' Sandberg said in an interview with Bloomberg Television. "And technology can also be used to grow jobs. It's our responsibility to help small businesses and large businesses all around the world use technology to grow their businesses so that they can grow jobs.''
Tesla Inc. is close to an agreement to produce vehicles in China for the first time, giving the electric-car maker better access to the world’s largest auto market, according to people familiar with the matter. The agreement with the city of Shanghai would allow Tesla to build facilities in its Lingang development zone.
Apple Inc. hired two former Sony Corp. television executives who oversaw the development of acclaimed shows like “Breaking Bad” and “The Crown,” further evidence that the technology giant is getting serious about producing its own video programming.
With the $70 billion TV advertising market in its sights, Facebook Inc. is starting to bankroll the creation of video series that will begin to appear on the world’s largest social network later this year. Facebook is closing deals for its first batch of shows.
Chat service Slack Technologies Inc startup is drawing interest as a potential takeover target from several buyers, including Amazon.com Inc., at a price of at least $9 billion, Bloomberg reported Wednesday. Buying Slack would be Amazon's biggest acquisition in its history.
Corporate chatroom startup Slack Technologies Inc. has received recent inquiries about a potential takeover from technology companies including Amazon.com Inc. San Francisco-based Slack could be valued at at least $9 billion in a sale.
Amid all the mobility hullabaloo, remember Uber doesn’t sell cars and neither does Alphabet Inc. or Apple Inc. Even if their efforts are very successful, people's attachment to private cars won't vanish overnight. The auto industry shouldn't lose sight of how its bread is buttered.
A group led by Bain Capital LP and Japanese investors has offered about 2.1 trillion yen ($19 billion) for Toshiba Corp.’s semiconductor division, emerging as a leading bidder in the hotly contested auction, the other leading contender is Broadcom.
Esports will start winding down Friday as Verizon decided to focus on the Yahoo Sports brand, Travis Gafford, who heads the Esports unit, sad in a note to readers and viewers. Verizon shares closed little changed at $46.64 in New York Thursday. The stock is down 13 percent this year.
Jeff Bezos made a fortune selling stuff online to American consumers. Now he’s turning to the masses for ideas on how to give some of it back. Amazon's founder tweeted a plea for ideas from anyone on how to spur immediate change through charity work.
Many companies are secretive, but Apple’s air of mystery is more mysterious than most. That's why it was so odd to hear Apple CEO Tim Cook tell Emily Chang that his company is working on technology that could power self-driving cars or other things.
Apple Inc. has hired Vijay Karunamurthy as an engineering director in April, who worked on early versions of YouTube and later co-founded a foodie app, experience for iPhone and other devices. Earlier this year, Apple hired another former YouTube alum, Shiva Rajaraman.
Learn to lead, or risk losing control of the company you founded. That's the lesson startup founders can take from Uber CEO Travis Kalanick, who is taking a leave of absence following a torrent of scandals.
After years toiling away in secret on its car project, Apple's Chief Executive Officer Tim Cook has for the first time laid out exactly what the company is up to in the automotive market: It’s concentrating on self-driving technology. He made the comments in an interview to Bloomberg
Microsoft's Xbox One X console will see a worldwide release on November 7, and the company said Xbox One X will be its smallest and most powerful video-game console ever. The device, which will be priced at $499, is designed to work with 4K television sets.
Jack Ma is now the richest person in Asia and 14th wealthiest in the world, according to the Bloomberg Billionaires Index. His net worth has climbed $8.5 billion this year to $41.8 billion.
Alibaba Group Holding Ltd.'s six-year-old excursion into mobile operating systems is faltering in China, casting doubt over software that bears billionaire-founder Jack Ma's name and was once touted as key to countering Tencent Holdings Ltd.
Pinterest Inc. raised $150 million in venture funding from a group of existing investors at the same share price as two years ago as growth at the closely held company fails to keep pace with internet rivals. The last fundraiser was held in 2015 at with $11 billion valuation
Uber Technologies Inc., which has been criticized as having a workplace hostile to women, hired two senior female executives to fill a void left by recent departures and inject more diversity into its top ranks. Apple's Bozoma Saint joins as Chief Brand Officer.
Fitbit Inc. fell to third place in the wearable-device market in the first quarter, losing out to rival connected watches and fitness bands from Apple Inc. and Xiaomi Corp. CEO James Park is betting that Fitbit's impending smartwatch will reinvigorate demand and reach new consumers.
