Tech
Samsung chief Jay Lee cleared of charges in 2015 merger case
Samsung Electronics Chairman Jay Y. Lee was found not guilty of accounting fraud and stock manipulation by a Seoul court on Monday in a 2015
Search engine owner Yandex to leave Russia for $5.2bn
Nasdaq-listed technology company Yandex NV said it has struck a deal worth 475 billion rubles ($5.21 billion) in cash and stock to sell all of
Nokia signs 5G patent agreement with China’s Vivo
Finnish telecoms equipment maker Nokia said on Monday it has signed a multi-year 5G patent licence agreement with Chinese smartphone vendor Vivo and will start
Meta surged with a record $196 billion gain in stock market value
Meta Platforms boosted its share price by $196bn on Friday, the biggest one-day gain of any company in Wall Street history after parent company Facebook
India aims to collect $1.7bn from online gambling tax in FY25
India expects to collect up to 140 billion rupees ($1.7 billion) in goods and services tax in the next fiscal year by taxing online gambling
Judge orders class action lawsuit against Apple’s app shop
A federal judge said tens of millions of Apple customers could file a class action lawsuit accusing the company of monopolising the iPhone app market
Dassault Systemes forecasts revenue growth of 8-10% in 2024
French software maker Dassault Systemes on Thursday forecast revenue growth of 8-10 per cent in constant currency in 2024 after posting full-year earnings in line
Google signs largest offshore energy agreement with Dutch wind projects
Technology giant Google has signed the largest-ever power purchase agreement with offshore wind power projects off the coast of the Netherlands as part of efforts
German chip component supplier Siltronic reported a 16% drop in sales in 2023
German semiconductor equipment supplier Siltronic on Thursday reported a 16 per cent drop in annual sales as high inventories at chip makers led to a
Japan’s Rakuten has issued $1.8bn in dollar-denominated three-year senior bonds
Japanese e-commerce conglomerate Rakuten Group said on Wednesday it will issue $1.8bn of three-year US dollar-denominated senior notes with an interest rate of 11.25%. The