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While Many Panicked, Japanese Day Trader Made $34 Million

While a lot of investors were hitting the panic button Monday, a Japanese day trader who’d made a big bet against the market timed the bottom almost perfectly and narrated a play-by-play of the trade to his 40,000 Twitter followers. He claims to have walked away with $34 million.

Apple Already Dominates Smart-Wearables Market, IDC Says

Apple Inc. sold 3.6 million Apple Watches in the second quarter, beating some analysts’ expectations and making the company the dominant provider of smart wearable devices after just one quarter of sales, market research firm IDC said in a report.

Germany Tells Facebook: Delete Racist Anti-Refugee Posts

German Justice Minister Heiko Maas wants Facebook Inc. to remove racist posts targeting asylum seekers after several attacks on refugee camps in Germany over the past week.Facebook should “urgently” review its practices when dealing with the posts, he told the company in an Aug. 26 letter obtained by Bloomberg News. Numerous users have complained to the ministry that Facebook didn’t remove xenophobic posts even after they were flagged and reviewed, arguing that the comments don’t violate its com

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Your guide to the 57 million square miles outside of Silicon Valley

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900m

The number of wireless subscribers in India, where carriers recently agreed to spend $18 billion to buy airwaves from the government

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Siri Teases 'Something Big' Happening: What Could It Be?

Former Apple CEO John Sculley, IDC's Crawford Del Prete and Bloomberg's Adam Satariano and Lulu Chen preview Apple's product event scheduled for Sept. 9. They speak with Bloomberg's Emily Chang on "Bloomberg West." (Source: Bloomberg)

France Is 'On a Good Track,' MEDEF's Gattaz Says

France "is on a good track" and Prime Minister Manuel Valls has a "strong will" for reforming the country's economy which needs to be translated into concrete actions, according to Pierre Gattaz, chief executive officer of Radiall SA and president of French business lobby MEDEF. He spoke in an interview with Caroline Connan on Bloomberg Television's "On the Move" with Jonathan Ferro. (Source: Bloomberg)

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