Source: Bloomberg
205 Stories
German company develops magnet-based elevator system
Is only going up in the elevator getting you down? Not for much longer: ThyssenKrupp, the German steel and engineering company, has announced that it's building the next generation of...
Sony is reportedly preparing an e-ink smartwatch for 2015
Sony is working on an e-ink smartwatch for a possible release in 2015, Bloomberg reported Wednesday, citing sources familiar with the matter. According to the report, the watch will have...
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...
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...
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...
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...
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...
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...
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...
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...