Business Topics

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Future appears bright for indoor veggie farms

by Kazuaki Nagata

A 1,260-sq.-meter factory in Kashiwanoha, Chiba Prefecture, is kept extremely clean, shutting out external air because it affects product quality, and workers wear clean-room suits and take a warm shower before entering the facility. What are they making there — semiconductors or some kind of high-tech machinery? No, they are ...

Aug 6, 2014

Russian hackers steal 1.2 billion user names, passwords: report

Russian hackers have stolen 1.2 billion user names and passwords in a series of Internet heists affecting 420,000 websites, according to a report published Tuesday. The thievery was described in a New York Times story based on the findings of Hold Security, a Milwaukee ...

Aug 5, 2014

Japan, Indonesia to cooperate on gas reactor development

The government-funded Japan Atomic Energy Agency said Monday it has reached an agreement with the Indonesian National Nuclear Energy Agency to cooperate in the research and development of high-temperature gas reactors. Indonesia aims to begin operation of such next-generation nuclear reactors, known to have ...

Jul 30, 2014

OkCupid toyed with users' love lives

OkCupid — a top U.S. matchmaking website — intentionally mismatched users to test its technology, the IAC/InterActive Corp. service said on Monday, weeks after Facebook Inc. admitted to misleading users in a psychological study. OkCupid co-founder Christian Rudder made a case for the practice ...

Jul 29, 2014

Governors of six Japanese prefectures seek business ties in Silicon Valley

Six governors from Japan gathered Monday in California to seek tie-ups between companies in their prefectures and Silicon Valley ventures. The governors of Shizuoka, Okayama, Hiroshima, Fukuoka, Saga, and Oita stressed the advantages of local businesses at a conference at Stanford University organized by ...

Jul 23, 2014

Apple profit climbs along with iPhone sales

Apple on Tuesday reported that its quarterly profit climbed with strong iPhone demand, but a decline in iPad tablet sales put a damper on its results. The California-based company posted a profit of $7.7 billion on revenue of $37.4 billion in the three months ...

Jul 20, 2014

Switzerland tops innovation rankings for fourth year

Switzerland has claimed the top spot on the Global Innovation Index for the fourth straight year while Sub-Saharan Africa “posted significant regional improvement.” The annual rankings, which this year focused on the role people play in the innovation process, found that Switzerland and other ...

U.S. seeks email access after death

Jul 17, 2014

U.S. seeks email access after death

A group of influential U.S. lawyers says it has an answer to the question of what should happen to online accounts when a person dies. The Uniform Law Commission was expected to endorse a plan Wednesday to automatically give loved ones access to a ...

Jul 16, 2014

Google+ abandons need to use real names

Google+ apologized Tuesday and stopped requiring people to use their real names while mingling in the online social network, which aims to gain ground on market leader Facebook. “When we launched Google+ over three years ago, we had a lot of restrictions on what ...

Jul 14, 2014

Samsung suspends China supplier following child labor allegations

Samsung Electronics Co., the world’s largest smartphone maker, said it suspended a supplier in China after finding evidence of illegal hiring. The supplier will be permanently cut from Samsung’s business if it’s found to have hired underage workers, the Suwon, South Korea-based company said ...

Amazon seeks drone permission

Jul 13, 2014

Amazon seeks drone permission

Amazon is asking the U.S. Federal Aviation Administration permission to use drones as part of its plan to deliver packages to customers in 30 minutes or less. The online retailer created a media frenzy in December when it outlined a plan on CBS’ “60 ...