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IBM's sales fall for 15 consecutive quarters

Jan 23, 2017 PM EST - Hayden Thomas

IBM's Annual Profit Drops 10% To $11,872 Million

International Business Machines (IBM) earned a net profit of 11,872 million dollars (11,200 million euros) in 2016, representing a decrease of 10% compared to the result of the previous year.

Samsung Galaxy S8

Jan 23, 2017 PM EST - Hayden Thomas

Samsung's Galaxy S8 Might Be Delayed

The new Samsung phone will be delayed because the last one kept exploding.

Hugo Barra to leave Xiaomi, heads back to Silicon Valley

Jan 23, 2017 PM EST - Hayden Thomas

Hugo Barra To Leave Xiaomi, Heads Back To Silicon Valley

Former Googler plans a return to Silicon Valley.

Oculus Rift Technology Was Stolen, Zenimax Lawsuit Claims - IGN News

Jan 19, 2017 AM EST - Hayden Thomas

Facebook's Mark Zuckerberg Denies Virtual-Reality Technology For Oculus Was Stolen

Oculus, the VR company that Facebook bought, has been accused of stealing technology. Zuckerberg has declared in court denying the accusations of ZeniMax

Samsung Galaxy J3 Prime with Android Nougat OS has been launched in the US at a price of $150

Jan 16, 2017 PM EST - Hayden Thomas

Prosecutors Request Arrest Of Samsung Heir For Bribery Scandal

He would become the first business leader to be arrested in the framework of a corruption scandal that has already cost the suspension of the country's President.

LG G Watch vs Samsung Gear Live: Android Wear Smartwatch Faceoff

Jan 16, 2017 AM EST - Hayden Thomas

LG Prepares New Smartwatch With Android Wear

A filtered document from the FCC shows that the company prepares at least one smart watch for this year.

Where Walmart Stores Should Compete With Amazon ?

Jan 14, 2017 PM EST - Hayden Thomas

Wal-Mart Reorganizes To Compete With Amazon

Wal-Mart is reorganizing its e-commerce team and upgrading executives from its recent Jet.com acquisition to compete with Amazon with higher selectivity and lower prices.

Jack Ma on meeting with Trump: We talked about supporting U.S. small biz

Jan 11, 2017 AM EST - Hayden Thomas

Alibaba Promises 1 Million Jobs In The US

Alibaba founder, Jack Ma met with Donald Trump on Monday and promised to create a million jobs in the US over the next five years from the platform of an e-commerce company.

IBM and Samsung win most patents in 2016

Feb 03, 2017 AM EST - Hayden Thomas

IBM Has Been The Most Patented US Company For 24 years.

Neither Google, nor Facebook, nor Amazon, nor Tesla ... One of the oldest companies in the technology sector -IBM- is also the most inventive in the United States.

Samsung shares rise despite massive Note 7 smartphone recall

Jan 09, 2017 PM EST - Hayden Thomas

Samsung's Shares Skyrocket And Hit Record

Samsung Electronics shares hit an all-time high, Monday, on the back of the firm's robust earnings estimation due to an unprecedented boom in the memory chip market.

Why Apple Pay Declines

Jan 07, 2017 AM EST - Hayden Thomas

Apple Cuts Pay To Tim Cook For Not Meeting 2016 Targets

With Apple's declining profits, the richest U.S company has decided to decrease its payroll as well.

Scandalized FKI to be abandoned by banks. (Photo by Pool/Getty Images)

Dec 10, 2016 AM EST - Fraeraine

Scandalized FKI to be Abandoned by Banks

It seems like the country's biggest business lobby group, Federation of Korean Industries (FKI), is bound to fall apart as bank members, along with conglomerate members, are taking their exit one by one.

Audi Volkswagen faces $31 million fines for doing false advertising. (Photo Credit: Getty Images)

Dec 07, 2016 AM EST - Fraeraine

Audi Volkswagen Faces $31 Million Fines For Doing False Advertising

Audi Volkswagen Korea faces 37.3 billion won ($31 million) fines for doing false advertisements. The company was recently under fire for fabricating the emission results of their cars to pass local standards.

LG Electronics, which was previously headed by 3 co-CEOs, is now led by Cho Sung-jin as a sole CEO.

Dec 02, 2016 AM EST - Fraeraine

LG Electronics Promoted Cho Sung-jin As Sole CEO

The nation's second-largest electronics maker, LG Electronics, recently changed its corporate management system. The company, which was previously headed by 3 co-CEOs is now led by Cho Sung-jin as a sole CEO. Cho Sung-jin, a former Home Appliance and Air Systems (H&A) business head is now being promoted to vice chairman and was even name as the company's new sole CEO.

LG's new air purifier and conditioner were unveiled to the public on Thursday.

Nov 18, 2016 AM EST - Fraeraine

LG’s New Air Purifier and Conditioner Released in the Market

LG recently unveiled its solution to growing concerns about indoor pollution. LG's new air purifier and conditioner were unveiled to the public on Thursday, November 17. According to the company, their latest premium their answer to the rising demand for air solutions products.

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