Thursday , May 23 2019


Founder of Apple top chipmaker Chang to hand over reins in June

Bloomberg Taiwan Semiconductor Manufacturing Co. chairman and founder Morris Chang will retire in June next year, handing the helm of the world’s largest producer of made-to-order microchips to the company’s two co-chief executives. Breaking with tradition, Chang used his retirement announcement to issue a 2017 revenue forecast that surpassed analysts’ ...

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Facebook ‘embeds’ helped Donald Trump win elections

Bloomberg Facebook Inc.’s platform was a crucial messaging tool for President Donald Trump’s 2016 campaign, according to the campaign’s digital director—who told CBS’s “60 Minutes” that he hand-picked pro-Trump “embeds” from the company to help him use the platform in targeted ways. “Twitter is how [Trump] talked to the people, ...

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Temasek leads $300mn investment in electric scooter maker Gogoro Inc

Bloomberg Gogoro Inc., an electric scooter-maker backed by Panasonic Corp., raised $300 million from Singapore’s Temasek Holdings Pte. and other investors to pay for expansion and research and development. Generation Investment Management LLP, co-founded by Al Gore, Japan’s Sumitomo Corp., and French utility Engie SA, also invested. The new funding ...

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