Avast top boss to receive annual salary of $1

Cyber security company Avast Plc said on Tuesday its new Chief Executive Officer Ondrej Vlcek will indefinitely waive his annual salary and bonus, and instead receive a $1 for his yearly pay.

Avast top boss to waive annual salary, bonus

Cyber security company Avast Plc said Chief Executive Officer Ondrej Vlcek intends to indefinitely waive his annual salary and bonus, and instead receive a nominal annual salary of $1.

Amazon to create 1,800 jobs in France, Conforama to cut jobs

U.S. online retail giant Amazon said on Tuesday it will create 1,800 permanent contract positions this year in France, its largest European market after Britain and Germany, although furniture retailer Conforama went the other way in cutting jobs.

SoftBank-backed lender OakNorth doubles staff, inks deal with NIBC Bank

British financial technology firm OakNorth has signed a five-year deal to provide its credit analysis and monitoring platform to Dutch lender NIBC Bank NV [NIBC.AS], OakNorth said on Tuesday in its first such agreement to be made public.

Amazon plans to create 1,800 jobs in France in 2019

U.S. online retail giant Amazon said on Tuesday it will create 1,800 permanent contract positions this year in France, its largest European market after Britain and Germany.

Japan says export curbs for South Korea not in violation of WTO rules

Japan's decision to tighten controls on exports of high-tech materials to South Korea is not in violation of World Trade Organization (WTO) rules, Industry Minister Hiroshige Seko said on Tuesday.

New York Governor Cuomo orders probe into Facebook's advertising platform

New York Governor Andrew Cuomo on Monday ordered the U.S. Department of Financial Services to investigate reports that state-regulated advertisers were using Facebook Inc's advertising platform in a discriminatory manner.

China's Huawei awaits U.S. Commerce nod on resuming usage of Google Android

China's Huawei said on Monday it is awaiting guidance from the U.S. Department of Commerce on whether it can resume using Google's Android mobile operating system on upcoming smartphones.

Facebook evacuates four buildings after possible sarin exposure

Facebook Inc evacuated four buildings and two people were being evaluated for possible exposure to the nerve agent sarin on Monday after a package at the social media company's Silicon Valley mail facility tested positive for the toxic compound.

Two possibly exposed to sarin at Facebook California facility: official

Two people were possibly exposed to the nerve agent sarin at a Facebook Inc mail facility in Silicon Valley which has been evacuated, a local fire official said on Monday.

NY Governor Cuomo orders probe into Facebook's advertising platform

New York Governor Andrew Cuomo on Monday ordered the U.S. Department of Financial Services to investigate reports that state-regulated advertisers were using Facebook Inc's advertising platform in a discriminatory manner.

New York Governor Cuomo orders probe into Facebook advertising platform

New York Governor Andrew Cuomo on Monday ordered a state agency to investigate certain reports that state-regulated advertisers were using Facebook Inc's advertising platform in a discriminatory manner.

Lucid Motors hires former Tesla production executive

Lucid Motors said on Monday it hired Tesla Inc's former vice president of production at its Freemont factory, Peter Hochholdinger, as vice president of manufacturing.

Applied Materials to buy Japan's Kokusai to bolster memory chip business

U.S. chip gear maker Applied Materials Inc on Monday agreed to buy Japanese peer Kokusai Electric for $2.2 billion from KKR & Co Inc , as it bets on rising demand for memory chips used in data centers, 5G phones and AI-powered devices.

Behind the plunge in China auto sales: chaotic implementation of new emission rules

Shanghai-based Buick dealer Ron Li in late April found himself in an unfamiliar quandary: how to sell off almost 80 sedans and sport-utility vehicles crowding up his dealership lot.

Tesla's former senior production executive joins Lucid Motors

Tesla Inc's former vice president of production at its Freemont factory, Peter Hochholdinger, joined Lucid Motors as vice president of manufacturing, Lucid Motors said on Monday.

Banks readying 2.5 billion euro loan in TIM-Vodafone Italy tower deal: sources

A group of banks is set to lend Telecom Italia unit INWIT up to 2.5 billion euros ($2.8 billion) to help it merge its towers with those of Vodafone, two sources said.

Asian banks face threat from profit plunge, digital rivals: McKinsey

Asia-Pacific banks must radically reform and slash costs or else they will eventually be forced to put themselves up for sale, as rapidly increasing competition from technology firms moving into banking transforms the sector, consultancy McKinsey said.

Bob Collymore, the Safaricom CEO who connected with Kenyans

When Bob Collymore, the CEO of Kenya's Safaricom , wanted to know about his poorest customers, he would catch a local bus or walk around Kenya's slums with a prominent anti-corruption activist.

Applied Materials to buy Kokusai for $2.2 billion to boost memory chip business

U.S. chip gear maker Applied Materials Inc on Monday agreed to buy Japanese peer Kokusai Electric for $2.2 billion from KKR & Co Inc , as it bets on rising demand for memory chips used in data centers, 5G phones and AI-powered devices.