Amazon opens line-free grocery store in challenge to supermarkets
Amazon.com Inc said on Monday it has opened a brick-and-mortar grocery store in Seattle without lines or checkout counters, kicking off new competition with supermarket chains.
SEOUL South Korean police are investigating network outages at major broadcasters and a large bank on Wednesday, with a major network services provider alleging that its system was hacked.
Servers at television networks YTN, MBC and KBS were affected as well as Shinhan Bank and Nonghyup, two major banks, the police and government said. They did not comment on the possible causes of the outages.
A spokesman at LG Uplus said the company believes its network was hacked. The firm provides internet-related services to the broadcaster.
Initial speculation centred on a potential hacking attack by North Korea, which has hacked South Korean institutions before. But South Korea's internet security agency has said it has yet to find any evidence of external attacks, YTN said.
Local shares extended losses following the initial reports of outages to end down 1 percent. The won and local bonds were little moved following the news.
(Reporting by Ju-min Park and Joyce Lee; Additional Reporting by Hyunjoo Jin and Lee Changho; Writing by Se Young Lee; Editing by David Chance)
SEOUL Samsung Group leader and founding family heir Jay Y. Lee said on Tuesday he will move to abolish the conglomerate's future strategy office in response to criticism about the office's role in the group's business operations.
LONDON London could lose its position as the leading destination for start-ups in Europe if it does not remain open to the best talent after the British vote to leave the European Union, investors warned on Monday.