Showing 51 - 60 of 895
South Korea pardons Samsung boss 'to help the economy'
AFP, Published on 12/08/2022
» SEOUL - The heir and de facto leader of Samsung group received a presidential pardon Friday, the latest example of South Korea's long tradition of freeing business leaders convicted of corruption on economic grounds.
Disney+ subscribers surge as Netflix stumbles
AFP, Published on 11/08/2022
» SAN FRANCISCO: The Disney+ streaming service saw its number of paying subscribers leap beyond expectations in the last quarter, as rival Netflix's client count ebbed, results showed Wednesday.
US tech titans stumble after pandemic boom
AFP, Published on 29/07/2022
» SAN FRANCISCO: Amazon and Apple were a relative bright spot in a week of otherwise lackluster earnings results for an industry reckoning with the end of heady pandemic-era growth.
China to fine ride-hailing giant Didi more than $1bn
AFP, Published on 20/07/2022
» BEIJING: China is preparing to hit ride-hailing giant Didi with a fine of more than US$1 billion to wrap up a long-running probe, media reports said, boosting investor hopes that the country's tech crackdown is winding down.
Netflix subscriber numbers drop two quarters in a row
AFP, Published on 20/07/2022
» SAN FRANCISCO: Netflix reported losing subscribers for the second quarter in a row Tuesday as the streaming giant battles fierce competition and viewer belt tightening, though the firm assured investors of better days ahead.
Lobbyist Mark MacGann comes out as Uber Files whistleblower
AFP, Published on 12/07/2022
» LONDON - Lobbyist Mark MacGann on Monday came out as the whistleblower who leaked thousands of compromising documents on US ride-hailing firm Uber to British newspaper The Guardian.
MI5, FBI chiefs warn over China in rare joint address
AFP, Published on 07/07/2022
» LONDON: The heads of MI5 and the Federal Bureau of Investigation warned Wednesday about China's commercial espionage thrust in the West, in a rare joint address at the British intelligence service's London headquarters.
US recession not 'inevitable,' Treasury secretary says
AFP, Published on 19/06/2022
» WASHINGTON - A recession in the United States is not "inevitable" but the economy is likely to slow, Treasury Secretary Janet Yellen said Sunday, days after the US Federal Reserve hiked interest rates, raising fears of a contraction.
Twitter execs exit, hirings halt as Musk buy looms
AFP, Published on 13/05/2022
» SAN FRANCISCO: Twitter confirmed Thursday that two senior executives are heading for the exit and it has paused most hiring, as Elon Musk stands poised to become the global messaging platform's new owner.
Ex-security chief John Lee anointed Hong Kong's next leader
AFP, Published on 08/05/2022
» HONG KONG: A former security chief who oversaw the crackdown on Hong Kong's democracy movement was anointed the business hub's new leader on Sunday by a small committee of Beijing loyalists.