Business

Samsung Electronics profit spikes on pandemic-driven demand

Samsung Electronics, the world's biggest smartphone and memory chip maker reported fourth-quarter net profits up by more than a quarter year-on-year Thursday, with coronavirus-driven working from home boosting demand for ...

Telecom

UK, Indian firm salvage satellite operator Oneweb

The UK government and Indian telecoms giant Bharti are to take control of the collapsed satellite firm Oneweb, they said Friday, as Britain seeks to expand its post-Brexit space capabilility.

Business

Top antitrust enforcer warns Big Tech over data collection

The Justice Department's top antitrust official warned Big Tech companies Friday that the government could pursue them for anticompetitive behavior related to their troves of user data, including for cutting off data access ...

Business

Stolen goods on Amazon? Shoppers won't care, experts say

News of an alleged Amazon theft ring involving contract delivery drivers is unlikely to make a dent in the online shopping giant's massive business. But it may make people more wary of letting deliveries into their house ...

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