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Corporate News 11 Feb 2018 | 10:39 PM

NY attorney general sues The Weinstein Company, Harvey Weinstein

NEW YORK: New York Attorney General Eric Schneiderman said on Sunday he had filed suit against The Weinstein Company, Harvey Weinstein, and Robert Weinstein, alleging the company's executives and board failed to protect employees from movie producer and former CEO Harvey Weinstein.

Corporate News 08 Mar 2018 | 7:10 AM

For Steve Wynn, dividend boost brings a US$12mil windfall

TOKYO: Turns out Steve Wynn will get a severance package of sorts after all. Wynn Resorts Ltd. late Wednesday unexpectedly raised its dividend by 50%, an increase that will deliver an extra US$12mil into its founder’s bank account over the next year.

Business 10 Mar 2018 | 12:00 AM

Why bother with laws on fake news?

The alternative view by M. Shanmugam FAKE news spreads faster and reaches out to more people than real news. Fake news is not spread by robots on computer programmes but by people.

Corporate News 21 Mar 2018 | 12:36 AM Premium

Facebook’s lax data policies led to Cambridge Analytica crisis

Social-media giant’s loose policing of app developers went on for years

Technology 09 Apr 2018 | 1:20 AM Premium

Apple, Amazon and Google also are bracing for privacy regulations

U.S. technology companies have stayed largely exempt from significant government regulation and self-policing of privacy, but that is about to change

Business 23 Apr 2018 | 12:00 AM

Facebook sets lobbying record amid data leak furore

WASHINGTON: Facebook Inc set a lobbying record in the first three months, just as an uproar flared up the leak of data on millions of users’ without their permission.

Corporate News 05 Jun 2018 | 12:22 AM Premium

Howard Schultz to step down as Starbucks chairman

Former CEO to write book on coffee chain’s social-impact work; Myron Ullman to become next chairman

Economy 30 Jul 2018 | 12:28 AM

UK businesses slow to tackle slavery under landmark law

LONDON: Businesses in Britain are failing to tackle modern slavery in their supply chains, with many slow to take action under a landmark law, a survey of company managers showed on Monday.

Business 16 Aug 2018 | 12:00 AM

China to freeze game approvals amid agency shake-up

HONG KONG: China’s regulators have frozen approval of game licenses amid a government shake-up, according to people familiar with the matter, throwing the world’s biggest gaming market into disarray.

Corporate News 09 Sep 2018 | 10:30 PM

CBS CEO accused of sexual misconduct by more women resigns (Update)

NEW YORK: CBS Corp CEO Leslie Moonves resigned from the company, the company said on Sunday, amid fresh allegations of sexual assault and harassment.