Apple and Google asked to ban TikTok over national security concerns
Retail News Asia
by Retail Asia
5h ago
read the original version on: www.retailnews.asia Michael Bennet — Colorado senator, also a democrat and a member of Senate Intelligence Committee — wrote a letter to Google and Apple this Thursday, pleading for them to ban TikTok due to concerns over national security. The New York Times reports that the letter has been addressed to the chief executives of the companies — so, Tim Cook for Apple […] The post Apple and Google asked to ban TikTok over national security concerns appeared first on Retail News Asia ..read more
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Thailand’s land prices skyrocket amid urban growth
Retail News Asia
by Retail Asia
5h ago
read the original version on: www.retailnews.asia Land prices in Bangkok capital city of Thailand has skyrocketed 75% in recent years due to infrastructure development along with urbanization driven by mass transit expansion. Saenphin Sukhee, chief executive of residential developer Frasers Property Home (FPH), said land prices in Bangkok continued to grow despite the Covid-19 pandemic with an average increase of 70-75% […] The post Thailand’s land prices skyrocket amid urban growth appeared first on Retail News Asia ..read more
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Vietnamese tech workers high and dry amid layoffs in Silicon Valley
Retail News Asia
by Retail Asia
5h ago
read the original version on: www.retailnews.asia Hoang Tu said his “American Dream” lasted only six months. He was let go from Google two days before the Lunar New Year. “This is the worst Tet (Lunar New Year) of my life,” he said. The 27-year-old joined Google’s new project development team in Silicon Valley last year after passing a series of rigorous interviews. This Tet, […] The post Vietnamese tech workers high and dry amid layoffs in Silicon Valley appeared first on Retail News Asia ..read more
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Amorepacific Group’s net profit halved last year
Retail News Asia
by Retail Asia
1d ago
read the original version on: www.retailnews.asia On April 28, Amore Pacific Group announced key figures for Q1 FY2022, with the Korean beauty giant reporting sales of $997 million, down 9% year-on-year, operating profit of $136 million, down 13.4% year-on-year, and net profit of $104 million, down 25.2% year-on-year. The earnings report noted that domestic sales in Korea continued to account for […] The post Amorepacific Group’s net profit halved last year appeared first on Retail News Asia ..read more
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Samsung announces that it will soon compete with Apple in another product category
Retail News Asia
by Retail Asia
1d ago
read the original version on: www.retailnews.asia Apple is expected to release its Reality Pro mixed reality headset later this year with virtual reality (VR) and augmented reality (AR) features. According to SamMobile, during today’s Unpacked event, Samsung announced that it will also build a Mixed-Reality headset with help from partners Google and Qualcomm. Samsung did hint that the device will be arriving soon. […] The post Samsung announces that it will soon compete with Apple in another product category appeared first on Retail News Asia ..read more
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JD Sports to quit South Korean after five years
Retail News Asia
by Retail Asia
1d ago
read the original version on: www.retailnews.asia UK activewear label JD Sports is set to withdraw from South Korea after five years of operation, according to Edaily. The retailer was reported to have experienced a deepening deficit since the Covid-19 pandemic, which led to the decision. The source said JD Sports Korea had notified all employees of the exit plan. JD Sports […] The post JD Sports to quit South Korean after five years appeared first on Retail News Asia ..read more
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Tiffany & Co collaborates with Nike on ‘Legendary’ kicks
Retail News Asia
by Retail Asia
1d ago
read the original version on: www.retailnews.asia Tiffany & Co has collaborated with Nike to release the Nike x Tiffany & Co Air Force 1 1837 sneakers and a limited-edition sterling silver accessories range. The sneakers, which will be available on March 7, are made of premium black suede, have a Tiffany Blue-coloured Swoosh, and co-branded silver elements over each heel. The […] The post Tiffany & Co collaborates with Nike on ‘Legendary’ kicks appeared first on Retail News Asia ..read more
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Tesla To Freeze Hiring, Lay Off Employees Next Quarter
Retail News Asia
by Retail Asia
1d ago
read the original version on: www.retailnews.asia Another wave of layoffs are coming at electric-car maker Tesla Inc in the next quarter, news website Electrek reported on Wednesday, citing a source familiar with the matter. Tesla is also going to freeze hiring, according to the report. The company did not immediately respond to a Reuters request for comment. Shares of Tesla rose […] The post Tesla To Freeze Hiring, Lay Off Employees Next Quarter appeared first on Retail News Asia ..read more
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Vietcombank names new general director
Retail News Asia
by Retail Asia
1d ago
read the original version on: www.retailnews.asia Vietcombank, Vietnam’s largest state-owned lender, named its current deputy general director Nguyen Thanh Tung as its new general director on Monday. Tung, 49, was the same day elected a member of Vietcombank’s board of management for the 2018-2023 term. He holds bachelor’s degrees in economics of international trade and English education, as well as a […] The post Vietcombank names new general director appeared first on Retail News Asia ..read more
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Spotify has officially crossed 200 million premium subscribers
Retail News Asia
by Retail Asia
1d ago
read the original version on: www.retailnews.asia The recently concluded holiday shopping season may not have been as auspicious for the global smartphone market as we’ve expected over the years, but for some reason, the music streaming industry doesn’t appear to be suffering any consequences of a tough economic climate around the world. Not yet, at least, and not as far as said […] The post Spotify has officially crossed 200 million premium subscribers appeared first on Retail News Asia ..read more
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