Latest News

Amazon Competitor Drops $50 Membership Fee -- which took aim at e-commerce giant Inc. by offering a $50 membership fee that is half the cost of an Amazon Prime subscription -- is eliminating the fee to attract shoppers just three months after its official opening.

Amazon Teams Up With Accenture to Boost Cloud Services Business Inc. and consulting giant Accenture Plc are teaming up to provide cloud-based technology services and consulting to businesses, catapulting the Web retailer further into territory long dominated by companies such as Hewlett-Packard Co. and International Business Machines Corp.

Tesla Falls After Baird Cuts to Neutral on Model X Production

Tesla Motors Inc. fell the most in six weeks after Robert W. Baird & Co. cut its earnings estimates for the electric-car maker and the target price for its stock. Analyst Ben Kallo said it remains uncertain how quickly the company will be able to produce significant volume of its Model X sport utility vehicle.

Facebook Plunges Into Home Repair Matchmaking Service

Facebook Inc. is the latest technology company that wants to connect you with a handyman who can install a ceiling fan or fix a leaky toilet, following Inc., Google Inc. and a slew of startups seeking ways to make money from the $300 billion home-improvement market.

Saudi Arabian Billionaire Prince Alwaleed Boosts Twitter Stake

Saudi Arabian billionaire Prince Alwaleed Bin Talal and his investment company Kingdom Holding Co. have built their combined stake in Twitter Inc. to more than five percent, according to a disclosure made in the week the micro-blogging site named Jack Dorsey chief executive officer.

Emerging-Market Stocks Rally on Fed Optimism as Ringgit Surges

Emerging-market stocks headed for their biggest six-day rally since 2011 as speculation the Federal Reserve will delay an interest-rate increase until March boosted investor appetite for riskier assets. Malaysia’s ringgit jumped the most in 17 years.

China’s Meituan Agrees to $15 Billion Dianping Merger

Two Chinese startups separately backed by Alibaba Group Holding Ltd. and Tencent Holdings Ltd. have agreed to a merger that will create a $15 billion provider of local services including restaurant reviews and movie bookings, people with knowledge of the matter said.

Asian Stocks Rise for Sixth Day as Samsung, Energy Shares Surge

Asian stocks climbed, with the regional benchmark index heading for its highest close in six weeks, as energy shares advanced with oil headed for its longest rally in almost six months and Samsung Electronics Co. rallied after quarterly profit topped estimates.

Global Tech

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

Big Datum


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

Social Media

UPS Asks People to Pick Up Packages Themselves

Kathryn Maloney let loose on Twitter in July, chiding United Parcel Service Inc. for sending her package to a grocery store for pickup after making just a single delivery attempt at her home in Brooklyn.

Welcome to Robot Preschool

“It’s thinking”

Sergey Levine, a postdoctoral researcher at Berkeley's robotics lab

Technology Video

Sony Hack: What Went So Wrong

John Carlin, assistant attorney general for national security, discusses the Sony hack and security issues with Bloomberg's Emily Chang and Brad Stone at the VF New Establishment Summit in San Francisco. (Source: Bloomberg)

Pure Storage Makes Public Debut

Shares of Pure Storage Inc., the third-biggest seller of all-flash storage systems, fell after the company’s initial public offering raised $425 million. CEO Scott Dietzen speaks on "Bloomberg Markets." (Source: Bloomberg)

Why Michael Lewis Likes Tech Bubbles

Author and Bloomberg View Columnist Michael Lewis discusses tech bubbles. He speaks on "Bloomberg ‹GO›." Lewis's opinions are his own. (Source: Bloomberg)

Hack the Planet

Everything is connected, and here's why that's a bad thing

Future of the Living Room

Amazon to Ban Sale of Apple, Google Video-Streaming Devices Inc. will stop selling media-streaming devices from Google Inc. and Apple Inc. that aren’t easily compatible with its video service, the latest example of the company using its clout to promote products that fit with its own retailing strategy.