Prosecutors questioned Samsung Electronics’ vice chairman and heir apparent for about 22 hours in an influence-peddling probe that has reached the highest levels of government and business in South Korea. Jay Y Lee was released early
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Nintendo’s new Switch gaming console is off to an underwhelming start. The new machine, a tablet-sized device with wireless controllers that can be used anywhere but also connects to TVs, will go on sale on 3 March at a
Apple is taking additional steps to expand its US$10/month (R60/month in South Africa) music subscription service beyond just offering songs. In a bid to differentiate itself from Spotify, which has about twice as many subscribers
Worldwide IT spending will grow by 2,7% in 2017 to reach US$3,5 trillion (a staggering R47,5 trillion in soft-currency terms), according to a new forecast from Gartner. The analyst firm said 2017 is poised to be a “rebound
Xiaomi, one of China’s most valuable technology start-ups, is shooting for more than 100bn yuan (R190bn) of revenue in 2017, even as it pledged to slow its pace of business expansion and overhaul an online-focused retail strategy. CEO Lei Jun
Facebook, struggling with its growing role as a distributor of news, is embarking on a project that includes stronger partnerships with media companies, greater support for local news and better efforts to educate
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
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
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