Facebook Inc. Chief Operating Officer Sheryl Sandberg has weighed in on the long-running legal dispute over Silicon Valley technology giants pirating each others’ employees in a way that may hurt her company’s rivals.
The iPhone, it's safe to say, is big in Japan. Toward the end of last year, three out of every four smartphones sold in Japan were iPhones, according to market researcher Kantar Worldpanel ComTech. Tim Cook said during Apple's most recent earnings call that its phone sales in the country shot up 40 percent after it signed a deal with NTT Docomo.
What was Lloyds Banking Group’s Martin Chantree thinking? Four people with knowledge of the inquiry say he tipped off the bank’s trading position just ahead of its sale of sterling for the dollar. In the seven minutes etween his communication and the time Lloyds began executing the order on Jan. 13, 2013, the pound fell 16 basis points against the dollar, or 0.16 percentage point, its biggest move of the day, according to data compiled by Bloomberg. As the U.K. currency tumbled, costing Lloyds an estimated $750,000, Chantree told colleagues that maybe he shouldn’t have shared the information, two of the people said, according to reporting by Gavin Finch, Ambereen Choudhury and Liam Vaughan.
This time last year, the chairman and chief executive officer of Israel’s Teva Pharmaceutical Industries Ltd., the world’s biggest generic drugmaker, were foreigners. Miami billionaire Phillip Frost led the board and Jeremy Levin, a South African, was CEO. They were the first non- Israelis to hold those positions.