(Bloomberg) — Apple Inc. said that it removed Meta Platforms Inc.’s WhatsApp and Threads from its China apps store after an order from the country’s internet regulator, which said the services pose risks to the country’s security. Most Read from Bloomberg The order comes on the heels of a cleanup program Chinese regulators initiated in […]
(Bloomberg) — Taiyo Pacific Partners LP is considering raising its ¥61.9 billion ($400 million) tender offer for Japanese printer maker Roland DG Corp. to fight off an unsolicited bid from Brother Industries Ltd. Most Read from Bloomberg Taiyo Pacific, Roland DG’s biggest shareholder with a 19.4% stake, is weighing that option against two others — […]
(Bloomberg) — Apple Inc. said that it removed Meta Platforms Inc.’s WhatsApp and Threads from its China apps store after an order from the country’s internet regulator, which said the services pose risks to the country’s security. Most Read from Bloomberg “We are obligated to follow the laws in the countries where we operate, even […]
(Bloomberg) — SK Hynix Inc. will have to contend with high expectations when it reports next week after solid earnings from the likes of Micron Technology Inc. cemented optimism about demand for artificial intelligence chips. Most Read from Bloomberg Micron’s surprisingly strong sales forecast last month spurred optimism about SK Hynix’s earnings outlook, Bloomberg Intelligence […]
By Josh Ye and Mrinmay Dey (Reuters) -Apple said on Friday it had removed Meta Platforms’ WhatsApp and Threads from its App Store in China after being ordered to do so by the Chinese government, which cited national security concerns. Other Meta apps including Facebook, Instagram and Messenger remained available, according to Reuters checks on […]
(Bloomberg) — Taiwan Semiconductor Manufacturing Co. scaled back its outlook for a chip market expansion, cautioning that the smartphone and personal-computing markets remain weak. Most Read from Bloomberg The world’s largest maker of advanced chips cut its expectations for 2024 semiconductor market growth — excluding memory chips — to about 10%, from above that figure. […]
By Nicole Jao NEW YORK (Reuters) – Oil settled slightly higher on Friday, but posted a weekly decline, after Iran played down a reported Israeli attack on its soil, a sign that an escalation of hostilities in the Middle East might be avoided. Brent futures settled up 18 cents, or 0.21%, at $87.29 a barrel. […]
By Noah Browning and Deep Kaushik Vakil (Reuters) – Oil slipped on Friday following an earlier price spike of more than $3 after Iran played down reported Israeli attacks on its soil, in a sign that an escalation of hostilities in the Middle East might be avoided. Brent futures were down 48 cents, or 0.6%, […]
(Bloomberg) — Netflix Inc. posted its best start to the year since 2020, attracting more new customers than anyone expected thanks to a strong slate of original programs and a crackdown on password sharing. Most Read from Bloomberg Netflix added 9.33 million customers in the first quarter of 2024, according to a statement Thursday, nearly […]
It’s been nearly two years since President Biden signed the $52.7 billion CHIPS Act with the goal of dramatically expanding the US’s semiconductor manufacturing capabilities. Now some of the $39 billion earmarked for manufacturing incentives is actually being dispersed among the world’s leading chipmakers. On Monday, the Biden administration announced it will award Samsung $6.4 […]
(Bloomberg) — Alphabet Inc. Chief Executive Officer Sundar Pichai announced changes to Google’s workplace teams structure, saying the moves will help the company develop artificial intelligence products and services faster and more efficiently. Most Read from Bloomberg In a note to employees, also published Thursday in a blog post, Pichai said the models, research and […]
Subscriptions to the budgeting app Quicken Simplifi are half off through April 21. The price has been brought down to just $2 per month, which is billed annually at $24. The deal also extends to Quicken Classic, which adds more features for investments and tracking taxes. This tier now costs $4 per month, instead of […]
