April Kirstin Chua

Articles by April Kirstin Chua

North Korea's 'Lazarus' hackers attack global banks, stolen money to fund nuclear programs

What seemed like a perfect hacking operation turned out to be a failure as Kaspersky has spotted a mistake on the part of the Lazarus hackers. It found a brief connection that came from North Korea - proving their identity and origin.

Apr 04, 2017 6:56 PM EDT

Fox News, Ailes slapped with another sexual harassment lawsuit, advertisers pulling out from top-rated show

A lawsuit has been filed by a Democratic political consultant and Fox News contributor on Monday alleging, among others, that Roger Ailes denied her of a permanent hosting job after she turned down his sexual advances.

Apr 04, 2017 6:37 PM EDT

South African president sacks finance minister over alleged disloyalty; calls for midnight reshuffle

South African leader, Jacob Zuma, has sacked finance minister Pravin Gordhan in a move that drove the country's currency down five percent in value. The president calls for a midnight reshuffle in his Treasury members who he felt were disloyal to his political intentions.

Apr 03, 2017 7:02 PM EDT

Uniqlo to leave US if Trump insists the retailer makes all its clothes in America

The US president has long promoted a change on how foreign businesses should run their operations - and that is to revive American manufacturing. Uniqlo head showed he didn't like being given an ultimatum by Trump.

Apr 03, 2017 11:51 AM EDT

Mexico's largest cement company Cemex won't build Trump's border wall

Cemex, one of the world's largest cement producers, has not participated in the first round of bids that is currently underway but said it is open to providing quotes to supply the raw materials for Trump's promised border wall.

Mar 31, 2017 10:03 PM EDT

H&M to launch new brand Arket this year

Arket, which means 'sheet of paper' in Swedish, will cater to a modern-day market with products for men, women, children and the home.

Mar 31, 2017 10:00 PM EDT

Amazon to collect state sales tax marking the end of tax-free shopping experience

Amazon was one of the leaders in keeping online purchases tax-free. As the company moves to offer faster deliveries, it expanded its distribution centers and started collecting sales tax in more states.

Mar 31, 2017 9:54 PM EDT

Topshop managing director leaves for The White Company in a string of resignations from Arcadia empire

An analyst notes that Mary Homer's departure will have an impact on Topshop saying that her fashion instincts were key players to the success of the brand.

Mar 31, 2017 9:52 PM EDT

Qatar Airways to offer loaner laptops in response to the US' electronics ban

Qatar also promises to provide a one hour free Wi-Fi access with a $5 charge to stay connected the whole flight. The loaner laptops, a workaround over the electronics ban, will only be available to the airlines' business class passengers.

Mar 31, 2017 7:17 AM EDT

Jeff Bezos becomes second richest in the world surpassing Warren Buffett, Amancio Ortega

Jeff Bezos added $1.5 billion to his fortune after Amazon rose to $18.32 on Wednesday following the announcement that it acquired Dubai-based online retailer Souq.com.

Mar 30, 2017 8:39 PM EDT

UK officially leaves EU; forecasters warn of tough times ahead

While Theresa May told MPs that Brexit doubters should look forward with optimism, forecasters warn that divorce from the EU will be costly and that it could weigh heavily on UK's economic prospects in the next years.

Mar 30, 2017 11:57 AM EDT

Wells Fargo to pay $110 million settlement over accounts scandal

US bank Wells Fargo has agreed to pay $110 million as settlement for the 11 class-action lawsuits brought by customers who had accounts opened without their permission.

Mar 30, 2017 10:39 AM EDT

Tesco to settle accounting error for £129 million plus £85 million damages to investors

Large supermarket group Tesco is set to pay £129 million in settlement for overstating the company's profits in 2014.

Mar 30, 2017 10:12 AM EDT

Elon Musk launches brain electrode company Neuralink

The idea of Elon Musk in creating Neuralink is to improve memory or give humans added artificial intelligence. This could be achieved by developing neural lace technology that would implant tiny electrodes into the brain.

Mar 29, 2017 11:13 AM EDT

Hedge fund exec linked to Madoff jumped to his death

Murphy, who worked at the Fairfield Greenwich, was at the top of his game, controlling the hedge fund when the firm invested billions with Madoff. Fairfield lost almost $50 million that led to investors filing a class action lawsuit.

Mar 29, 2017 11:08 AM EDT

Amazon acquires e-commerce platform Souq.com

Amazon executives did not disclose the value of the deal to which Goldman Sachs refer to as the "the biggest-ever technology M&A transaction in the Arab world."

Mar 29, 2017 10:40 AM EDT

New pound coin's hidden security features, problems and availability

The new 12-sided £1 coin comes into circulation on Tuesday with a hidden security feature that would stamp out fraud and counterfeiting.

Mar 29, 2017 3:39 AM EDT

Qatar pushes £5 billion UK investment despite Brexit

Qatar claims that Brexit will have no impact on its investment efforts as the country is looking into the long-term view.

Mar 28, 2017 12:10 PM EDT

American Airlines to buy $200 million worth of shares in China Southern

The deal ties American Airlines, one of the three big carriers in the US, with one of China's big three state-run airlines.

Mar 28, 2017 11:51 AM EDT

UK banks face new stress test scenario by the Bank of England

Bank of England prepares new stress test scenarios to be given to UK's biggest banks in preparation for any sudden slowdown in foreign interests in UK assets. The Brexit vote last year has triggered a sharp drop in the value of the pound.

Mar 28, 2017 11:15 AM EDT

Apple, Facebook join augmented reality glasses race; tech groups bet it could replace smartphone

Apple and Facebook are going up against start-up company Magic Leap and Microsoft's HoloLens in developing a pair of augmented reality glasses that could one day replace the smartphone as the primary computing device for consumers.

Mar 28, 2017 9:25 AM EDT

Starbucks lags behind Dunkin's performance

Wall Street notes many people are starting to buy their drinks at Dunkin' Donuts instead of the popular caffeine company Starbucks. Dunkin' Brands' shares, which houses Dunkin' Donuts, went up 10 percent this year and 25 percent over the past 12 months.

Mar 27, 2017 12:37 PM EDT

Tech analyst notes key factors that could prevent Apple from becoming worth $1 trillion

The Cupertino-based company Apple's value is skyrocketing at the moment. With a valuation worth about three-quarters of a trillion dollars, the company is the best performer among tech companies. But a tech analyst notes three key factors that could prevent Apple from becoming worth $1 trillion.

Mar 27, 2017 12:26 PM EDT

More big brands pull ads from YouTube

The brands told reporters on Thursday that they were pulling either some or all of their ads from Google-partnered websites. This comes after they were being alerted that their ads were still appearing next to extremist videos even after when YouTube has apologized for the matter.

Mar 27, 2017 12:16 PM EDT

1 2 3