Impact of job-stealing robots a growing concern at Davos
DAVOS, Switzerland Open markets and global trade have been blamed for job losses over the last decade, but global CEOs say the real culprits are increasingly machines.
SEOUL South Korean special prosecutor's office is considering whether to seek an arrest warrant for Samsung Group leader Jay Y. Lee amid a probe into an influence-peddling scandal involving President Park Geun-hye, Yonhap News Agency reported on Friday.
The special prosecution has been investigating whether Samsung provided 30 billion won ($25.28 million) to a business and foundations backed by Park's friend in exchange for the national pension fund's support for a 2015 merger of two Samsung affiliate.
Lee was named a suspect on Wednesday and summoned early Thursday morning for questioning. He will head home at around 8 a.m. local time (2300 GMT), Yonhap reported on Friday.
(Reporting by Se Young Lee; Editing by Chris Reese)
LOS ANGELES Traditional TV networks are following Netflix Inc's lead by releasing all new episodes of a series at the same time, a step to win over binge viewers who do not want to wait a week for the next installment.
International Business Machines Corp reported its 19th straight quarter of declining revenue, but forecast full-year earnings above Wall Street estimates due to growth in newer areas such as cloud-based services and analytics.