South Korea launches raid on Samsung subsidiary amid fraud probe December 13, 2018 South Korean prosecutors investigating alleged accounting fraud yesterday raided the offices of Samsung’s biopharma unit and its two auditors, KPMG and Deloitte. The Financial Services Commission, which last month suspended trading in Samsung Biologics shares, claims the company intentionally breached accounting rules before listing in 2016. Biologics, which denies wrongdoing, said today that investigators had [...]
Huawei Matebook X Pro review: The Chinese tech giant’s laptop is a true MacBook Pro rival December 13, 2018 Huawei has been in the headlines for all the wrong reasons lately. The news comes at a time when the Chinese phone giant is only just beginning to drum up some real brand recognition in Western markets. In a few short years critics have stopped making jokes about how difficult it is to pronounce the company’s name [...]
Asian stocks rocked by arrest of senior Huawei executive in Canada December 6, 2018 Asian stocks were hit had this morning by news of the arrest of the daughter of the founder of Chinese tech firm Huawei in Canada. Meng Wanzhou, who is also Huawei’s chief financial officer, was arrested in Canada on 1 December and faces extradition to the US. She was arrested in connection with the violation [...]
Five reasons why tech stocks are in trouble November 27, 2018 For months, technology stocks have been the holy grail for growth, with valuations reaching dizzying heights. So, considering that what goes up must come down, perhaps it’s not surprising that stocks started tumbling last week. Share prices for each of the five tech giants – Facebook, Amazon, Apple, Netflix, and Google (the so-called Faangs) – [...]
Big corporations score poorly in new lobbying transparency ranking November 26, 2018 The vast majority of large international corporations are falling short when it comes to transparency on political engagement, a new report has found. An index produced by Transparency International UK (TI-UK), an NGO that campaigns against global corruption, found that four in five companies had poor standards in disclosing their lobbying efforts. Nearly all failed [...]
UK tech firm Aircharge launches wireless charging on London Waterloo’s South Western trains November 22, 2018 Trains on London Waterloo's South Western railway network have become the first in the world to debut wireless charging points for smartphones and tablets, helping commuters to grab that extra bit of power on their travels. Aircharge, the UK tech firm behind wireless charging points in Starbucks, Mcdonald's and Costa Coffee, has teamed up with train [...]
Samsung to put its voice assistant Bixby in all devices by 2020 November 20, 2018 Samsung Electronics has put its faith in its smart voice assistant Bixby, today announcing a pledge to put the software in all of its electronic products by 2020. The technology, chosen as a rival to Amazon's Alexa, was launched last year via Samsung's top tier smartphone range. The Korean tech giant said at a developer conference [...]
How emerging markets have changed over the past 20 years November 8, 2018 The transformation of emerging markets has been remarkable. The countries and companies that dominated 20 years ago have changed dramatically, influenced by the major geopolitical, economic and demographic changes that have taken place over this time. Navigating these changes can be complex, but these developments underline the importance of taking a flexible, active approach and [...]
Samsung unveils foldable smartphone, but a startup beat them to it November 7, 2018 Electronics giant Samsung gave developers a first look at its foldable smartphone at a conference in San Francisco tonight, as it urged Android users to begin creating products and apps for the hardware. It also launched a flexible screen for its foldable phones, called Infinity Flex Display, which it said will be developed in association [...]
iPhone XR review: Apple’s ‘affordable’ handset is the best pound-for-pound phone on the market right now November 7, 2018 Last month Apple released the best phone money can buy, the iPhone XS, which also happens to be a phone that costs more than any other. Prices start at an overdraft-worrying £999 for the 64GB XS and go up to a nosebleed-inducing £1,449 for the 512GB XS Max. In a tacit acknowledgement that a grand [...]