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April, 30, 2016

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Business > Company Focus
Facebook isn't a shopping mall, but its bots aim to change that
It's now possible -- though neither easy nor particularly convenient -- to buy stuff on Facebook via automated messaging "bots." But it's far from clear that people really want to go shopping on the social network.
 
Facebook on Wednesday fielded a plan to tighten Mark Zuckerberg's grip on the helm as the booming social network reported stellar profit.
 
The Supreme Administrative Court has ruled in favor of the Hualien government in a lawsuit against a Taipei Power Company (Taipower) coal-fired electricity plant that had been fined more than NT$440 million for pollution.
 
Online retail giant Alibaba is on the verge of leading a Chinese takeover of AC Milan from disgraced former prime minister Silvio Berlusconi, Italian media reported Wednesday.
 
Sony Corp. reported an 88.4 billion yen (US$818 million) loss in January-March, a smaller flow of red ink than a year earlier, but it postponed Thursday giving its annual outlook until May, citing damage from major earthquakes in southwestern Japan earlier this month.
 
Deutsche Bank, Germany's biggest lender, on Thursday warned that 2016 would be a difficult year, even if it performed better than expected in the first three months.
 
New York Times to slash operations at Paris hub
The New York Times announced cutbacks Tuesday to its longtime Paris hub as the U.S. publisher struggles to keep its international print edition alive as readers turn more to digital.
 
Apple sold more than 51 million iPhones in the first three months of this year -- and that's the problem.
 
The head of crisis-hit Mitsubishi Motors said Wednesday that sales in Japan have fallen off a cliff since the company admitted last week that it has been cheating on fuel-efficiency tests.
 
Swedish carmaker Volvo on Wednesday announced it would give self-driving cars to ordinary Britons to test on the streets of London in 2017.
 
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