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Business 01 Nov 2014 | 12:00 AM

1MDB’s accounts

AS of 5pm on Friday, the latest audited accounts for 1Malaysia Development Bhd (1MDB) were not available for purchase online from the website of the Companies Commission of Malaysia (CCM).

Business 16 Aug 2014 | 12:00 AM

Possible accounting irregularities at Alibaba unit

HONG KONG: A media firm that Alibaba Group Holding Ltd recently bought said a review of its finances revealed possible accounting irregularities, casting doubts about the Chinese e-commerce giant’s due diligence as it prepares for a US initial public offering (IPO).

Business 09 Aug 2014 | 6:57 AM

Judge rejects US$324.5mil settlement over Apple, Google hiring

SAN FRANCISCO: Four Silicon Valley companies including Apple and Google failed to persuade a U.S. judge to sign off on a US$324.5 million settlement to resolve a lawsuit by tech workers, who accused the firms of conspiring to avoid poaching each other's employees.

Business 23 May 2014 | 10:02 AM

HP may cut up to 16,000 more jobs as results disappoint

SAN FRANCISCO: Hewlett-Packard Co plans to cut as many as 16,000 more jobs in a major ramp-up of CEO Meg Whitman's years-long effort to turn around the personal computer maker and relieve pressure on its profit margins.

Business 15 Feb 2014 | 12:00 AM

Jetson to see emergence of a new shareholder

CONSTRUCTION outfit Kumpulan Jetson Bhd has had more than its fair share of new shareholders emerging. In the last five years, at least two big bumiputra names have come on board. One left unceremoniously while the presence of the other has not had an impact on the company’s fundamentals so far.

Business 12 Jan 2014 | 1:55 PM

More well-known U.S. retailers victims of cyberattacks

BOSTON/WASHINGTON: Target Corp and Neiman Marcus are not the only U.S. retailers whose networks were breached over the holiday shopping season late last year, according to sources familiar with attacks on other merchants that have yet to be publicly disclosed.

Business 21 Aug 2013 | 12:00 AM

Unions back MAS CEO Jauhari

PETALING JAYA: Malaysia Airlines (MAS) group chief executive officer Ahmad Jauhari Yahya has finally secured the buy-in of its powerful unions in his efforts to turn around the carrier, which reported a loss of RM175.98mil for its second quarter to end-June 2013, sources said.

Business 08 Aug 2013 | 8:37 AM

Amazon's Bezos Pays Hefty Price For Washington Post

NEW YORK: Jeff Bezos has just shown how valuable one-of-a-kind newspaper properties can still be in the United States.

Business 28 May 2013 | 2:17 PM

Google, Amazon, Apple, Facebook all up with huge landmark HQ buildings

SEATTLE/SAN FRANCISCO: While much of corporate America is retrenching on the real estate front, the four most influential technology companies in America are each planning headquarters that could win a Pritzker Architecture Prize for hubris.

Business 23 Mar 2013 | 12:00 AM

Maybank innovates to stay ahead in Malaysia and regionally

An internal reorganisation and a regionalisation strategy is reaping dividends for Maybank. President and CEO Datuk Seri Wahid Omar says there’s more to come.