Apple Korea offers $84.02 million to settle antitrust probe

On Monday, South Korea’s competition watchdog stated, Apple’s Inc South Korean unit has put forwards proposals to address antitrust concerns and has offered $84.02 million (100 billion won) in support programmes to small small businesses, consumers and others. The development comes in the wake of Apple Korea being investigated by the Korea Fair Trade Commission…

Pearson Plc’s discloses massive data breach for U.S. students

13,000 schools and university accounts have been exposed by the breach. On Thursday, Pearson Plc, a British education company stated, it has notified customers of a massive data breach which resulted in unauthorized access to about 13,000 school and university accounts, mostly confined to the United States. The data breach exposed the first names, last…

Jack Ma, co-founder of Alibaba Group Holdings Ltd steps down as executive chairman

Under Jack Ma’s stewardship Alibaba grew into an e-commerce giant that it is today. Jack Ma, Alibaba Group Holding Ltd’s executive chairman and co-founder, who is also one of China’s best known corporate leaders, is set to retire from the e-commerce giant. The former English teacher now plans on focusing on philanthropy in education. As…