Australia's Officeworks stops sales of Apple's AirTags on child safety concerns

Australia's Officeworks stops sales of Apple's AirTags on child safety concerns

By Anna Domanska - May 06, 2021

Officeworks, the Australian office supply store chain, has pulled Apple’s newly launched AirTags from its store following safety concerns for children from its button battery

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Ex Google AI scientist joins Apple after resigning in protest for unfair practices

Ex Google AI scientist joins Apple after resigning in protest for unfair practices

By Anna Domanska - May 05, 2021

Apple, Inc. has hired a former Google AI scientist who resigned in protest against the firing of two employees from the Ethics division. Sammy Bengio, the ex-Google employee, will

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Intel plans to invest $3.5 billion in New Mexico chip unit

Intel plans to invest $3.5 billion in New Mexico chip unit

By Anna Domanska - May 04, 2021

Intel plans to invest $3.5 billion in its New Mexico factory as part of a plan to expand domestic manufacturing investments. This is one of the largest single investments by the co

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Intel seeking $9.7 billion EU investment to build chip factory in Europe

Intel seeking $9.7 billion EU investment to build chip factory in Europe

By Anna Domanska - May 03, 2021

As the chip shortage gains momentum and forces industries heavily reliant on the technology to look for alternate ways to meet the shortfall. Intel, the pioneer in chip making, wan

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Samsung to cut production due to chips supply crunch

Samsung to cut production due to chips supply crunch

By Anna Domanska - Apr 30, 2021

The chip shortage has spread across industries, slowing down the manufacturing of automobiles, smart devices, to electronic including white goods such as washing machines and telev

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Samsung heirs chalk out plans to meet inheritance tax running into billions

Samsung heirs chalk out plans to meet inheritance tax running into billions

By Anna Domanska - Apr 29, 2021

The heirs of late Samsung patriarch Lee Kun-hee, facing a huge inheritance tax bill, have chalked out a plan to make philanthropic donations worth billions of dollars and pay $11bn

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Toyota pays $550 million for self-driving unit of Lyft

Toyota pays $550 million for self-driving unit of Lyft

By Anna Domanska - Apr 28, 2021

Toyota Motor Corp. has bought the self-driving division of ride-hailing company Lyft for $550 million in a move that reflects the ambitions of Toyota to expand into mobility techno

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Samsung family mulls selling family art collections and stocks as collateral to pay inheritance tax

Samsung family mulls selling family art collections and stocks as collateral to pay inheritance tax

By Anna Domanska - Apr 24, 2021

The family of Lee Kun-hee, Korean industrialist and Samsung Group chairman who died in 2020, is scrambling to meet the huge inheritance tax bill of around $12 billion that they hav

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Panasonic acquires Blue Yonder for $7.1 billion

Panasonic acquires Blue Yonder for $7.1 billion

By Anna Domanska - Apr 23, 2021

Panasonic Corp. has agreed to acquire Blue Yonder for $7.1 billion in one of the largest acquisitions for the Japanese conglomerate. Panasonic, which already has a 20% stake in Blu

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