U.S. deadline to sell TikTok extended to Nov. 27

Business / Tech Nov 14, 2020

U.S. deadline to sell TikTok extended to Nov. 27

U.S. authorities have given the Chinese owner of TikTok two additional weeks to divest the social media sensation in order to resolve national security concerns voiced by President Donald Trump's administration, according to a court filing Friday. A notice filed by TikTok owner ByteDance in ...

KDDI to launch new low-cost mobile firm

Business / Corporate Oct 31, 2020

KDDI to launch new low-cost mobile firm

Mobile phone carrier KDDI Corp. said Friday that it will launch a new low-cost mobile subsidiary specializing in online services. KDDI also said that its mainstay au brand will not adopt low-cost mobile phone plans, at least for the time being. The new subsidiary, KDDI Digital ...

Samsung reports profitable quarter but warns of weaker outlook

Business Oct 29, 2020

Samsung reports profitable quarter but warns of weaker outlook

Samsung Electronics Co. warned earnings in the current quarter will decline, saying the strong growth in its mobile and memory business that helped third-quarter profits will ease amid intensifying competition and weakening demand. The world’s largest maker of memory chips and personal electronics said net ...