Amazon.com and India’s Flipkart Online Services have walked away from talks to acquire Dubai-based Souq.com after disagreeing over price, according to two people with knowledge of the matter. The e-commerce business is now seeking
Author: Agency Staff
Qualcomm forced Apple to use its chips exclusively in return for lower licensing fees, unfairly cutting out competitors, the US said in a lawsuit against the biggest maker of mobile phone chips. Qualcomm’s exclusive deal with Apple was detailed
US President Barack Obama on Tuesday commuted the 35-year sentence of Chelsea Manning, the former army intelligence analyst who was convicted of leaking classified material, and pardoned marine-general James Cartwright. Manning, who
There’s something about those Nordic countries. In the battle of ideas, Sweden climbed to number 2 and Finland cracked into the top five of the 2017 Bloomberg Innovation Index, which scores economies using factors including research and development
The long-orchestrated plan to cement Jay Y Lee’s position atop Samsung Group may put him in jail instead, raising questions about who would step in to run South Korea’s biggest conglomerate in the aftermath. Prosecutors are seeking
Abraaj Group, the private equity firm that invests across emerging markets, is interested in buying Barclays Group’s African business, CEO Arif Naqvi said. “It’s a very fine bank run by a very fine
Prosecutors are seeking a warrant to arrest Samsung Group’s Jay Y Lee for allegations including bribery, a stunning turn for the scion of South Korea’s richest family groomed for decades to take over the company from his father. Lee, 48, the de facto
Artificial intelligence is still in a “mainframe era” in which computing power is concentrated in a few companies’ hands, Microsoft CEO Satya Nadella said in a presentation in Munich on Monday. The computer industry is “worshipping”
Nintendo’s new Switch gaming console won’t be in stores until 3 March, but the machine is fully baked and ready to play. The press got a chance to try out the new machine at an event in Tokyo last week, and events will be held in Japan
President Jacob Zuma is considering appointing his ex-wife, Nkosazana Dlamini-Zuma, to his cabinet when she steps down as chairwoman of the African Union Commission, easing her path to succeeding him as national leader