Bloomberg

Apple vs Google: iPhone maker punishes Google by revoking its ability to test apps

Facebook Inc.’s app development was hobbled in a similar way for about 24 hours, a sign that Apple is wielding power as operator of the most-lucrative U.S. app store to push its approach to user privacy.

Industry News

Amazon shares fall on tepid Q1 sales forecast, concerns about rising costs, India growth

Sales will be $56 billion to $60 billion in the current period, the company said Thursday, compared with analysts’ average estimate of $61 billion.

Markets News

Facebook, Twitter took down a wave of political manipulation

Facebook Inc. and Twitter Inc. have been sharing notes on fake accounts tied to Iran that have been trying to manipulate political thought around the world, leading to another wave of takedowns by the social-media sites.

facebook , twitter News

Amazon mystery: Where did all the growth go?

The company said Thursday that its fourth-quarter revenue rose nearly 20 percent from a year earlier, which topped analysts’ expectations but was still the weakest growth since early 2015.

Amazon mystery: Where did all the growth go?

Solar imports: Solar duty on cheap Chinese imports fails domestic producers as demand dwindles

India, which overtook Japan as China’s biggest solar panel export market in 2017, has been struggling to spur its nascent domestic manufacturing industry that the government estimates can meet just 15 percent of the country

Industry News

Budget 2019: Bond traders too downbeat over Union Budget 2019, says Bank of America Merrill Lynch

Budget 2019: Bonds are poised to rally as fears about fiscal slippage are overdone and the central bank will likely start easing policy as early as next week.

Budget 2019 News

Silver use beyond jewelry has bulls betting on shrinking supply

Think of it as a potential silver lining for investors. A burgeoning shortage of the precious white metal is promising to boost its price as 2019 rolls out.

silver, gold, investors News

Oil prices: Crude holds losses near $52 as Venezuela sanctions shrugged off

Oil held its biggest loss in a month as renewed concern over slowing global growth largely outweighed U.S. sanctions against Venezuela’s state oil company.

Markets News

Apple bug lets IPhone users listen in on others via FaceTime

Apple Inc. customers discovered a software bug on Monday that lets people listen in on other users by way of the company’s FaceTime video chat service.

apple, phacetime,iphone News

Trump to wade into China trade talks as US targets Huawei

The Trump administration will press China to prove it can keep promises in talks this week aimed at ending the trade war, Treasury Secretary Steven Mnuchin said, as the U.S. ratcheted up legal pressure on one of the biggest e

Economy News

Apple CEO Tim Cook calls for privacy action as reforms in focus

Apple Inc. CEO Tim Cook took to Twitter on Monday to join a number of voices calling for greater privacy protections.

Industry News

Xiaomi rout throws spotlight on Hong Kong’s expiring lockups

The city was host to the world’s busiest venue for initial public offerings in 2018. But a market rout has put the onus on their sky-high valuations, making it more likely that early shareholders will exit as soon as they a

Markets News

PM Modi’s record debt sales before polls to pressure Indian bonds

Prime Minister Narendra Modi’s government may announce plans to borrow Rs 6,40,000 crore ($90 billion) for the next fiscal year in its budget, according to the median estimate of 15 strategists in a Bloomberg News survey.

Economy News

As rivers run dry, water crisis brews between India and Pakistan

Women and children walk miles each day in search for water in a crowded, downtrodden district of Pakistan’s financial capital, Karachi

river, india, pakistan News

Taxman’s wrath: Gucci luxury brand owner owes $1.6 billion taxes

Kering SA, the French owner of the Gucci luxury brand, owes about 1.4 billion euros ($1.6 billion) to Italy in back taxes, according to the conclusions of a government audit.

gucci, gucci luxiry brand News

Google memo on cost cuts sparks heated debate inside company

A 2016 document proposing cost cuts at Alphabet Inc.’s Google, including fewer promotions and bonuses, sparked heated debate when it was shared inside the technology company for the first time this week, according to people

foogle, search engine giant google, google memo News

Blast from the past: Amazon mulls building physical stores

Amazon is considering building physical shops in London and across southern England, as the online giant seeks to expand its retail presence.

amazon, amazon online News

Chan Zuckerberg-backed fund addresses housing crisis

The initiative, while largely driven by philanthropies, is the latest example of how tech companies and their executives are seeking to alleviate a crisis that they’re often blamed for exacerbating.

Industry News

Starbucks can’t afford any slip-ups in China: Sarah Halzack

Starbucks’s performance in China isn’t being shaped so much by political brinkmanship or economic headwinds; instead, it faces more prosaic challenges.

starbucks, starbucks china, starbucks china stores, starbucks china strategy News

Blocking of Microsoft Bing in China due to technical error, not censorship

Microsoft said in a statement that Bing’s service has been restored in China after it had been inaccessible, without elaboration.

microsoft bing, microsoft bing translator, microsoft bing ads, microsoft bing china News

Google vs Amazon: Sundar Pichai-led firm suffers blow as Walmart withdraws

In October, Alphabet Inc.’s Google said Nike Inc., Best Buy Co. and Sephora had joined "hundreds of other merchants" in the Shopping Actions program.

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US shutdown: New talks mark first hint of break in impasse

Just last month, the Republican-controlled Senate had backed the Democratic measure by voice vote before Trump suddenly opposed it, triggering the closure.

us shutdown, us shutdown 2019, us shutdown latest news, us shutdown impact, us shutdown news in hindi, News

China warms up to Wall Street, to grant more licences to global banks in securities market

Greater foreign involvement will provide a timely boost for the domestic industry amid an economic slowdown, while Wall Street firms stand to reap billions of dollars in profit from a new market.

china stock market, china stock market index, china stock market name, china stock market chart, trade war, trade war between us and china News

IL&FS crisis: India’s Lehman genie out again

Even now, India needs hundreds of billions of dollars for roads, bridges and power plants. It will be hard to raise that money if ring-fenced investments go from AA one week to D the next.

IL&FS crisis, IL&FS crisis news, IL&FS News

Google proposal for Chrome threatens ad blockers, developers say

Google is working on a change to its Chrome browser this year that would limit how browser extensions built by outside developers can interact with websites.

Industry News

Peak video game? Top analyst sees industry slumping in 2019

Smithers, who began covering the industry in the late 1980s, points to the recent sharp drop in stocks like Tencent Holdings Ltd. and Electronics Arts Inc. as proof that he’s right. He sees the drag lasting until at least 2

Industry News

Apple hires Samsung battery executive to help lead its own work

Apple and Ahn didn’t respond to requests for comment. Samsung is the largest shareholder of Samsung SDI and the company’s biggest customer, according to data compiled by Bloomberg.

Industry News
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