Tag: Bloomberg

Judge Orders IBM to Pay BMC $1.6 Billion
A federal judge has ordered IBM to pay BMC $1.6 billion for "intentional wrongdoing" when it poached mutual clients from the latter....
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JPMorgan Taps Blockchain for Collateral Settlements
As companies race to adopt blockchain technology, JPMorgan is experimenting with using it for collateral settlements....
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Apple Reportedly Shooting for 2025 to Release Full Self-Driving Car
Apple is reportedly working to launch a full self-driving...
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Apple Delays Increased In-Person Work Indefinitely
Apple has once again altered its efforts to bring...
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Samsung Preparing to Raise Chip Prices
Samsung is reportedly preparing to raise chip prices, a move that could significantly impact the price of smartphones and other electronics....
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Microsoft Doubles Salary Budget, Increases Stock Compensation by 25%
As expected, Microsoft has unveiled sweeping changes to its employee compensation, doubling its salary budget and boosting stock compensation by 25% for so...
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Facebook Killing Off Its Podcast Business
Facebook has announced it is killing off its podcast service, barely a year after getting into the business....
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Microsoft Says It Will Make Changes Over Anti-Competitive Cloud Concerns
Microsoft President Brad Smith has acknowledged concerns and vowed changes in response to complaints the tech giant is unfairly using its position to lock...
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Nvidia May Use Intel’s Foundry Services
Intel may score a major foundry customer in the form of Nvidia, one of the biggest semiconductor purchasers in the industry....
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Apple Experiences Major Outage Across Services
Apple is the latest company to experience major outages, with most of its online services impacted Monday....
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Nintendo Veteran Doesn’t Think Meta’s Metaverse Vision Is On-Target
Meta may be going all-in on the metaverse, but former Nintendo President and COO Reggie Fils-Aime isn't a fan of its approach....
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Goldman Sachs Is Pulling Out of Russia
Goldman Sachs has become the first major Wall Street bank to announce it is pulling out of Russia. Com...
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Lapsus$ Strikes Again: Hackers Steal Samsung Galaxy Code
Hacker group Lapsus$ is in the news again, this time for stealing 190GB of Samsung data and Galaxy code....
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Apple Employees Will Return to the Office April 11
Apple has informed employees they will be required to return to the office by April 11, the first phase of a multi-stage transition to a hybrid workflow....
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US Ramping Up Pressure on Chinese Companies Over Russia Sanctions
The US is already ramping up pressure on Chinese companies to cooperate with sanctions against Russia, despite China being critical of such sanctions....
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