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Samsung's talks on leukemia victims again stalled

By Kang Yoon-seung SEOUL, April 16 (Yonhap) -- Samsung Electronics Co. on Wednesday rejected blame for ongoing confusion on talks over the deaths of workers from diseases possibly linked to workings conditions at its semiconductor plants, claiming an about-face by victims' family members and their advocates. "We are extremely puzzled by the reaction from the activist group that had given us the proposals (about the talks)," a high-level official from Samsung Group said, demanding that he remain anonymous.

Samsung's talks on leukemia victims again stalled

By Kang Yoon-seung SEOUL, April 16 (Yonhap) -- Samsung Electronics Co. on Wednesday rejected blame for ongoing confusion on talks over the deaths of workers from diseases possibly linked to workings conditions at its semiconductor plants, claiming an about-face by victims' family members and their advocates. "We are extremely puzzled by the reaction from the activist group that had given us the proposals (about the talks)," a high-level official from Samsung Group said, demanding that he remain anonymous.

Ratio of female workers in S. Korean companies stagnates

SEOUL, April 16 (Yonhap) -- The ratio of female workers to their male counterparts at major South Korean businesses remained almost unchanged for the last 10 years despite long-running public campaigns to promote gender equality in hiring and workplaces, industry data showed Wednesday. Females working at top 19 companies by sales last year accounted for 16.6 percent of the workforce on average in 2013, compared with 13.9 percent a decade ago, an analysis of corporate regulatory filings showed.

What you need to know about Heartbleed's effects on networking equipment

NEW YORK, N.Y. - It now appears that the "Heartbleed" security problem affects not just websites, but also the networking equipment that connects homes and businesses to the Internet. A defect in the security technology used by many websites and equipment makers have put millions of passwords, credit card numbers and other personal information at risk. The extent of the damage caused by Heartbleed isn't known. The threat went undetected for more than two years, and it's difficult to tell if any attacks resulted from it because they don't leave behind distinct footprints.

Shares of cloud-based software firm Five9 rise about 18 percent in debut

(Reuters) - Shares of Five9 Inc, a cloud-based software provider for call centers, rose about 18 percent in its market debut, valuing the company at about $380 million. Five9, which competes with Cisco Systems Inc and Avaya Inc, raised as much as $70 million after its initial public offering of 10 million shares was priced at $7 per share, much below its expected price range of $9-$11. Five9's shares opened at $7.95 and touched a high of $8.25.

Samsung says chairman has no link to Indian court case

South Korea's Samsung Electronics said Thursday its chairman Lee Kun-Hee had no link "whatsoever" to a case that has led India's Supreme Court to demand his appearance at a trial hearing. The court ruled this week that Lee, South Korea's richest man with an estimated net worth of $11.2 billion, should appear before the trial court in Ghaziabad, on the outskirts of New Delhi, in the next six weeks.

Samsung chairman ordered to appear in Indian court in decade-old dispute

NEW DELHI/SEOUL (Reuters) - India's Supreme Court has ordered the chairman of Samsung Electronics, Lee Kun-hee, to appear before a local court within six weeks to avoid arrest in a decade-old dispute with a supplier over a $1.4 million payment. A two-judge panel ruled on Monday that an arrest warrant issued against Lee by a local court in Ghaziabad, near New Delhi, would not be executed for six weeks, according to an order posted on the court's website.

Spherix sues Cisco over switches, routers patent infringement

(Reuters) - Spherix Inc, which buys and licenses technology patents, said it filed a lawsuit against Cisco Inc alleging infringement of 11 patents Spherix acquired from Nortel Networks. Spherix said the infringement accounted for a "vast majority" of Cisco's more than $43 billion in sales of routers and switches in the United States over the five years ended July 27, 2013. Spherix said it acquired the patents from the bankrupt Canadian telecom company in December last year.

Cisco to invest over $1B to expand its cloud computing operations

NEW YORK, N.Y. - Cisco says it plans to spend more than $1 billion over the next two years to build up its cloud computing network. Cisco plans to use the money to expand its data centres for the new service to be called Cisco Cloud Services. The move makes the San Jose, Calif.-based networking company the latest to enter an arena that caters to the growing number of companies that would rather rent computing space than build their own.

China Mobile net profit down 6%, first time in over a decade

China Mobile, the world's biggest mobile operator by subscribers, said Thursday that 2013 net profit fell almost six percent, its first decline for more than a decade. Net profit was 121.7 billion yuan ($19.54 billion), down 5.9 percent compared to 2012 and the first full-year fall since 1999, it said in a statement to the Hong Kong stock exchange where it is listed. The group described 2013 as a "crucial year of transformation", which included the issuance of 4G network licences and a more saturated traditional communications market with fiercer competition.
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