Samsung Electronics vice chairman Jay Y Lee was called for questioning by South Korea’s special prosecutors over allegations that the country’s biggest conglomerate paid bribes to gain support for a merger of affiliates. Special prosecutors
Author: Agency Staff
Samsung Group is getting pulled deeper into the scandal engulfing Korea’s president, with prosecutors homing in on whether an US$830 000 horse and millions in other payments were made to smooth succession at the top of the country’s
Yahoo CEO Marissa Mayer is among six directors who plan to leave the board of the investment company that will be left after the closing of the proposed sale of Yahoo’s main Internet properties to Verizon Communications. The new company, a shareholder
Long a symbol of Internet-era value destruction, the music industry has scratched and clawed its way to an impressive milestone: an estimated 100m people now have streaming music subscriptions that they pay for each month. That’s more than
Facebook bet early on virtual reality, buying Oculus VR two-and-a-half years ago to get its groundbreaking headset. Now it’s fighting claims that the Oculus Rift was built with stolen technology and promoted with a false origin story about a young entrepreneur
Uber Technologies is hoping to win brownie points with some cities by opening up a small sample of its ridership data. The San Francisco ride-hailing company introduced a traffic dashboard called Uber Movement, saying the tool
CES debuted gadget hits like the VCR, CD player and Xbox over the years, but the popular consumer electronics conference also showcases a lot of technology that fails to match the hype. Some of the top flops from 50 years of the Las Vegas
South Africa’s ruling party pledged to ensure the country’s black majority secures a bigger stake in the economy and do more to create jobs, as it seeks to claw back support lost in the wake of a succession of scandals implicating
Bitcoin has extended Friday’s tumble amid concern China will tighten rules on the digital currency to curb capital outflows. The cryptocurrency slid 1,2% to US$887,34 at 12.28pm in Hong Kong, after falling as much as 10% on Friday
Samsung Electronics has posted profit that beat estimates as buoyant memory chip prices helped the world’s largest smartphone maker bounce back from the death of its fire-prone Galaxy Note7. Operating income rose by