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Samsung Heir, Seeking to Modernize Opaque Culture, Instead Faces Scandal
20 Feb 2017 at 6:05pm
Lee Jae-yong took the South Korean conglomerate?s reins vowing to reshape it along Silicon Valley lines. Now a corruption probe has dragged him in, raising the biggest doubts yet about whether he has ushered the corporate giant into a new era.

Uber to Investigate Sexism, Harassment Claims
20 Feb 2017 at 5:00pm
Uber Technologies plans to investigate claims by a former engineer that the company failed to discipline a manager who mistreated female employees and ignored complaints of sexual harassment.

Kim Dotcom Loses Appeal on U.S. Extradition
19 Feb 2017 at 9:48pm
Kim Dotcomand three co-defendants are subject to extradition to the U.S. to face charges over the file-sharing site Megaupload, New Zealand?s High Court ruled, partly upholding a lower-court ruling. The next step is the Court of Appeal.

Alibaba Teams Up With Traditional Retailer
20 Feb 2017 at 1:03am
Alibaba Group is forming a strategic partnership with brick-and-mortar retailer Bailian Group in a deal that underscores the continued importance of traditional retailing.

WhatsApp Adds Snapchat-Like Story Feature Called Status
20 Feb 2017 at 5:32pm
WhatsApp?s 1.2 billion users will soon find a new feature that looks like it came straight from Snapchat. The Status tool will let people share photos, videos and animated GIFs with friends, all of which will disappear after 24 hours.

India Begins Building on Its Citizens' Biometrics
20 Feb 2017 at 12:55am
India is offering the world?s largest biometric-identity database for use by Indian companies and novice app developers?an opportunity that excites fans of cyber transactions but worries privacy advocates.

Big Apartment Landlord Sues Airbnb
17 Feb 2017 at 12:42pm
One of the largest U.S. apartment landlords has filed civil lawsuits in California and Florida against Airbnb, alleging its tenants are renting out units on the site in violation of their leases and are creating unsafe conditions for other tenants.

Real Estate Is Latest Target for Would-Be Disrupters
17 Feb 2017 at 6:16am
A real-estate startup called Compass Inc. has amassed a valuation of over $1 billion with the pitch that its software can make brokers more efficient, sparking skepticism from older rivals.

Samsung to Use Sony Batteries in Galaxy S8 Phone
17 Feb 2017 at 8:10am
Adding a third battery supplier for the next flagship smartphone is part of Samsung?s efforts to avoid a repeat of last year?s disastrous recall.

Samsung Heir Lee Jae-yong Is Arrested in Bribery Probe
19 Feb 2017 at 11:33am
Lee Jae-yong, the de facto leader of the Samsung conglomerate, was arrested over his alleged role in a corruption scandal that has shaken South Korea?s political and corporate establishments and led to the president?s impeachment.

Snapchat Parent Sets Valuation of Up to $22.2 Billion
16 Feb 2017 at 6:00pm
Snap Inc. set a valuation for itself between $19.5 billion and $22.2 billion, as the disappearing-message app company nears its landmark initial public offering, the company confirmed Thursday.

Airbnb Buys Luxury-Rental Website in Canada
16 Feb 2017 at 12:19pm
Home-sharing site Airbnb Inc. said it bought a Canadian competitor, marking its biggest acquisition to date and signaling an expansion into higher-end vacation rentals and concierge services.

Cree and Infineon Call Off Wolfspeed Deal
16 Feb 2017 at 2:23pm
Cree and Infineon Technologies have called off the $850 million deal over Cree?s Wolfspeed unit, saying they couldn?t resolve regulators? national security concerns.

Asian Uber Rivals Fuel Up in Heated Battle for Customers
17 Feb 2017 at 2:52am
The U.S. ride-hailing startup is trying to outmaneuver rivals in the hotly contested Southeast Asian market, including Indonesia's Go-Jek, which is aiming to raise as much as $1 billion in a new fundraising round.

Beepi Winding Down After Burning Through $150 Million
16 Feb 2017 at 9:54am
The startup has begun the process to sell its assets to satisfy creditors through an alternative to bankruptcy.

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