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SEOUL, South Korea —Xiaomi Corp. plans to raise up to $6.1 billion in one of the biggest global stock market debuts in recent years as it tries to become a worldwide brand alongside Apple, Google and Amazon. The initial public offering in Hong Kong would value the Beijing-based company at as much as $70.3 billion, … Continue reading SEOUL, South Korea | Xiaomi seeks to raise up to $6.1 billion in Hong Kong IPO
SEOUL, South Korea — A leading South Korean cryptocurrency exchange said Wednesday that $31 million worth of virtual currencies have been stolen by hackers, a latest in the series of recent hacks that raised security concerns. Bithumb, South Korea’s second-largest exchange, said cyberattacks from late Tuesday night to Wednesday morning led to the loss of … Continue reading SEOUL, South Korea | South Korean crypto exchange loses $31 million from hack
SEOUL, South Korea — Samsung Electronics Co., the world’s biggest smartphone maker, joined on Thursday a growing list of companies that are promising to increase their use of solar and other renewable energy to help curb global warming. Samsung, part of South Korea’s biggest corporate group, is the first Asian electronics manufacturer to join a … Continue reading SEOUL, South Korea | Samsung joins global pledge to increase renewable energy use
SAN FRANCISCO — Apple is closing a security gap that allowed outsiders to pry personal information from locked iPhones without a password, a change that will thwart law enforcement agencies that have been exploiting the vulnerability to collect evidence in criminal investigations. The loophole will be shut down in a forthcoming update to Apple’s iOS … Continue reading SAN FRANCISCO | Apple closing iPhone security gap used by law enforcement
NEW YORK — Competing bids from Comcast and Disney for the bulk of Twenty-First Century Fox come as the media landscape changes and companies get more involved in both creating and distributing content. X-Men and other movies from Fox’s studios would help beef up Disney’s upcoming streaming service. Comcast, already a major cable operator, would … Continue reading NEW YORK | How Fox’s businesses would match up with Disney and Comcast
SAN FRANCISCO — Google is blaming “vandalism” at Wikipedia for search results that incorrectly said the ideology of the California Republican Party included “Nazism.” The results appeared in a Google information box screen-captured by Vice Media on Thursday. Google quickly removed the section on ideology. Wikipedia’s publicly available change log shows that an anonymous user … Continue reading SAN FRANCISCO | Google blames Wikipedia for linking California GOP to Nazism
CAPE CANAVERAL, Fla. — The International Space Station accepted delivery Thursday of more than 7,000 pounds of supplies from Virginia. A commercial cargo ship arrived at the orbiting lab three days after launching from Wallops Island. Orbital ATK shipped the goods for NASA in a Cygnus capsule, which is named after the swan constellation. NASA … Continue reading CAPE CANAVERAL, Fla. | Space station accepts special delivery from Virginia
BRUSSELS — Facebook CEO Mark Zuckerberg faces senior European Union lawmakers later Tuesday to answer questions about a scandal over the alleged misuse of the data of millions of Facebook users. In testimony to be broadcast live, Zuckerberg will be questioned by leaders of the European Parliament’s main party groups and committees. Zuckerberg testified last … Continue reading BRUSSELS | Facebook chief to face EU questions over user data scandal
