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May, 31, 2016

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Huawei eyes Samsung's LTE patents, seeks compensation
Samsung Electronics and Huawei are bracing for a legal battle after the Chinese tech giant sued its South Korean rival for infringing its mobile patents last week.
 
The former head of Zurich Insurance Group, Martin Senn, has committed suicide, the company said Monday, nearly three years after the company's chief financial officer took his own life.
 
HSBC has introduced stricter rules for the use of safety-deposit boxes in Hong Kong, which customers use to store valuables but which are at risk of being abused for money laundering and terrorism financing.
 
The U.S.-led consortium leading the development of Israel's offshore gas reserves has announced its first sales deal since a reworked agreement on a key offshore field was given the go-ahead.
 
Bayer's chief executive said in an interview published Sunday he is ready to meet environmental groups to address concerns about his group's plans to take over U.S. agrochemicals giant Monsanto.
 
German airline Lufthansa said Sunday it will suspend flights to Venezuela from next month owing to the economic crisis in the country.
 
China developer Wanda opens theme park to take on Disney
China's largest private property developer, the Wanda Group, opened an entertainment complex on Saturday that it's positioning as a distinctly homegrown rival to Disney and its US$5.5 billion Shanghai theme park opening next month.
 
Artificial reality startup Magic Leap is accusing two Silicon Valley employees of stealing the closely guarded secrets behind its technological tricks.
 
US jury sides with Google in battle over Android software
Google's Android software just dodged a US$9 billion bullet. A U.S. federal jury found Thursday that Google didn't need permission to use a rival's programming tools as it built Android -- now the world's leading smartphone operating software and a key part of Google's multi-billion dollar Internet business.
 
Silicon Valley billionaire at war with gossip site; funds Hulk Hogan suit
Billionaire Peter Thiel acknowledged funding a legal battle against the gossip website that "outed" him, sparking debate on whether the Silicon Valley mogul has taken his media war too far.
 
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