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Steve Wozniak on Apple Card Algorithm and the Future of Augmented Reality

Nov.11 — Tech entrepreneur and Apple Inc. co-founder Steve Wozniak discusses the allegations that the Apple Card has a gender-bias issue, his views on customer service and the future of augmented reality. He speaks with Bloomberg’s Kurt Wagner on “Bloomberg Technology.” …read more […]

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Taiwan's Yageo to buy rival Kemet in $1.8 billion deal

Yageo will offer $27.20 per Kemet share, representing an 18% premium to Monday’s closing share price. “The integration will enhance our ability to serve customers in consumer electronics as well as in the high-end automotive, industrial, aerospace, telecom and medical sectors”, Yageo Chief Executive Officer Pierre Chen said. Yageo’s global footprint would increase with additional operations in North America, Europe and Asia, the companies said in a joint statement. …read more […]

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UPDATE 1-Anheuser-Busch to buy out Craft Brew Alliance in $321 million deal

Brewer Anheuser-Busch Inbev NV will buy the rest of Craft Brew Alliance that it does not own in a deal valuing the Portland-based brewing company at about $321 million, the two companies said on Monday. Shares of Craft Brew Alliance soared 122.6% to $16.32 after the bell, hovering near the offer price of $16.50 in cash. The deal is a reversal in stance by the world’s largest brewer, which owns 31.2% stake in Craft Brew and had said in August it would not buy out the company. …read more […]

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Bushfires Illuminate the Price of Burning Coal

(Bloomberg Opinion) — You could smell the approach of Sydney’s bushfires two weeks away.Leaving my home for work last month at a time when California’s fires were at their most intense, the sandalwood odor of burning eucalyptus was heavy on the air. Looking north from Bloomberg’s office to the far side of Sydney Harbour, the normally sparkling blue water was a barely discernible smudge. That was mostly not wildfire, but a dozen deliberate hazard-reduction burns under way across the metropolitan area in a last-ditch attempt to eliminate flammable plant litter and undergrowth before conditions worsened.Tuesday will prove a test of …read more […]

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Disney takes 'Star Wars' to streaming with 'Mandalorian'

The next adventure in the “Star Wars” movie and TV franchise, arriving Tuesday on Walt Disney Co’s new streaming service, takes place on a lawless planet at the outer reaches of the galaxy. As is typical with “Star Wars,” Disney and the cast have revealed little about the plot. “Just kind of imagine crossing the borders and going into unknown territory … with a lot of familiar elements and completely brand new elements,” Pascal said in an interview with Reuters. …read more […]

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Anheuser-Busch to buy out Craft Brew Alliance in $321 million deal

Shares of Craft Brew Alliance soared 122.6% to $16.32 after the bell, hovering near the offer price of $16.50 in cash. The deal is a reversal in stance by the world’s largest brewer, which owns 31.2% stake in Craft Brew and had said in August it would not buy out the company. Craft Brew’s portfolio of regional breweries and lifestyle brands is an addition to Anheuser-Busch and will help fuel the growth of craft beer category in the competitive beer industry in the United States, Anheuser-Busch said. …read more […]