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August, 29, 2016

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Business > Company Focus
Taiwan-based smartphone brand HTC Corp. (宏達電) has extended its global reach in virtual reality development by launching the HTC Vive, the company's first VR headset, in the Saudi Arabian market, according to tech website Telecompaper.
 
TransAsia Airways on Tuesday confirmed that low-fare subsidiary V Air will be integrated into its parent company, as local budget airlines struggle to turn a profit in an increasingly competitive market.
 
Barclays Bank has agreed to pay US$100 million to 43 states and the District of Columbia to settle allegations it improperly set key interest rates almost a decade ago, affecting payments on investments.
 
News Corp posts quarterly profit as digital revenues offset print ad decline
News Corp has said that it turned a quarterly profit with help from digital efforts that made up for declines in newspaper advertising at Rupert Murdoch's media giant.
 
Profits at Austrian steelmaker Voestalpine, which has been focusing on the high-end market to escape sector weakness, tanked as an energy sector downturn took its toll, the group said Tuesday.
 
Apple on Monday confirmed that it has bought U.S. machine-learning startup Turi as Silicon Valley giants focus on a future rich with artificial intelligence.
 
U.S. business software colossus Oracle on Monday confirmed that hackers infected software in Micros credit card scanners used at hotels and restaurants around the world.
 
Yahoo on Monday launched a website for watching Hulu television shows in the United States.
 
Shares of Phison Electronics Corp., a Taiwan-based NAND Flash controller supplier, continued to plunge Tuesday morning following allegations that the memory chip company falsified its financial statements, dealers said.
 
Shares of Phison Electronics Corp., a Taiwan-based NAND Flash controller supplier, continued to plunge Tuesday morning following allegations that the memory chip company falsified its financial statements, dealers said.
 
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