As attacks grow, EU mulls banking stress tests for cyber risks As attacks grow, EU mulls banking stress tests for cyber risks:- The European Union is considering testing banks’ defenses against cyber attacks, EU officials and sources said, as concerns grow about the industry’s vulnerability to hacking. Cyber attacks against […]
Technology
Technology
LG Display reports record fourth-quarter profits, panel prices seen rising further LG Display reports record fourth-quarter profits, panel prices seen rising further:-Â South Korea’s LG Display Co Ltd (034220.KS) said on Tuesday it reported a record fourth-quarter operating profit of 904.3 billion won ($778.33 million) due to a pickup in panel […]
Toshiba board to approve plans to split off chip business on Friday Toshiba board to approve plans to split off chip business on Friday:- Toshiba Corp’s (6502.T) board will meet on Friday to approve plans to make its chip business a separate company and hopes to raise more than 200 […]
Samsung Electronics warns of political risks as chips boost fourth-quarter profit Samsung Electronics warns of political risks as chips boost fourth-quarter profit:- Samsung Electronics Co Ltd (005930.KS) on Tuesday said it expects profit growth in 2017 despite challenges arising from political uncertainty, after record chip earnings glossed over the Note […]
Yahoo beats Wall Street view, sees Verizon deal closing in second quarter Yahoo beats Wall Street view, sees Verizon deal closing in second quarter:- Yahoo Inc on Monday reported better-than-expected quarterly profit and revenue, and said the sale of its core internet business to Verizon Communications Inc should be completed […]
SEC probing Yahoo over previously disclosed cyber breach SEC probing Yahoo over previously disclosed cyber breach:- The U.S. Securities and Exchange Commission is investigating a previously disclosed data breach at Yahoo Inc, the company said in a filing. Yahoo said in a November 2016 quarterly filing that it was “cooperating […]
As nuclear loss grows, Toshiba needs chip investors, soon As nuclear loss grows, Toshiba needs chip investors, soon:- With mounting writedowns from its nuclear business, Japan’s Toshiba Corp is looking to sell part of its core semiconductors business, a world No.2 in the flash memory chips used in smartphones. But […]
UK seeks interventionist approach to drive post-Brexit industrial revival UK seeks interventionist approach to drive post-Brexit industrial revival:- Britain will on Monday outline a new, interventionist approach to balancing its heavily services-based economy for the post-Brexit era, seeking to reinvigorate industrial production and stimulate investment in technology and R&D. Unveiling […]
Foxconn CEO says investment for display plant in U.S. would exceed $7 billion Foxconn CEO says investment for display plant in U.S. would exceed $7 billion:- Foxconn, the world’s largest contract electronics maker, is considering setting up a display-making plant in the United States in an investment that would exceed […]
SEC probing Yahoo over previously disclosed cyber breach SEC probing Yahoo over previously disclosed cyber breach:- The U.S. Securities and Exchange Commission is investigating a previously disclosed data breach at Yahoo Inc, the company said in a filing. Yahoo said in a November 2016 quarterly filing that it was “cooperating […]
