South Korea's top court upheld on Thursday a not-guilty verdict for the chairman of Samsung Electronics Jay Y. Lee, backing two lower court rulings clearing him of accounting fraud and stock manipulation. https://www.japantimes.co.jp/business/2025/07/17/companies/south-korea-samsung-lee-fraud-case/?utm_medium=Social&utm_source=mastodon #business #companies #samsung #jayylee #southkorea #fraud
Debt bankers and investors are bracing for what is shaping up to be the next big trend in the global credit market: Japan Inc. raising billions abroad, with a string of recent megadeals setting the tone. https://www.japantimes.co.jp/business/2025/07/17/companies/japan-firms-credit-sales-overseas/?utm_medium=Social&utm_source=mastodon #business #companies #debt #bonds #ntt #softbank #nissan #japaneseeconomy
The slowdown at Europe’s cocoa factories is deepening, highlighting how historically high prices are curbing demand and hurting processors’ profits in the top chocolate consuming region. https://www.japantimes.co.jp/business/2025/07/17/markets/europe-cocoa-global-chocolate/?utm_medium=Social&utm_source=mastodon #business #markets #cocoa #chocolate #europe #eu
Prosecutors are seeking to reform an export model where premium brands sell Italian fashion abroad at luxury prices, even as inexpensive workshops proliferate around Milan and flout labor standards. https://www.japantimes.co.jp/business/2025/07/17/companies/italy-sweatshops-armani-dior/?utm_medium=Social&utm_source=mastodon #business #companies #italy #lvmh #armani #dior #humanrights#laborlaws #jobs
Japan’s exports have fallen for a second month as the U.S.' tariff campaign continued to weigh on trade, further raising the risk of a technical recession. https://www.japantimes.co.jp/business/2025/07/17/companies/japan-exports-down-june/?utm_medium=Social&utm_source=mastodon #business #companies #trade #economicindicators #currentaccount #tariffs #donaldtrump #cars #japaneseeconomy
Canada’s Alimentation Couche-Tard has abandoned its $45.8 billion bid to buy Seven & I Holdings, citing a refusal to engage meaningfully. https://www.japantimes.co.jp/business/2025/07/17/companies/couche-tard-abandons-seven/?utm_medium=Social&utm_source=mastodon #business #companies #seveniholdings #alimentationcouchetard #acquisitions #conveniencestores
alcinnz
boosted
Sometimes companies ask me to meet with them, to advise them on Inkscape, or SVG and maybe they have questions about contributing to Inkscape.
I always charge an upfront fee.
I can't have my advice clouded by the prospect that maybe I'll get work, or maybe the project will make sense to use Inskcape. I need to be able to advise that you hire someone else in the community who has the right skills or is nearer physically. Or advise you don't use Inkscape at all.
While China has supported economic growth by keeping its ports and factories humming, the lack of real demand has hit profits, in turn squeezing workers through wage cuts and forcing them to moonlight. https://www.japantimes.co.jp/business/2025/07/16/economy/china-economy-pay-cuts-side-hustles/?utm_medium=Social&utm_source=mastodon #business #economy #china #jobs #economy #economicindicators
U.S. President Donald Trump has expressed frustration with Japan over trade, saying that his "reciprocal" tariff rate of 25%, mentioned in a letter sent to Tokyo, might simply be allowed to go into effect on Aug. 1. https://www.japantimes.co.jp/business/2025/07/16/economy/trump-japan-tariffs/?utm_medium=Social&utm_source=mastodon #business #economy #tariffs #donaldtrump #us #usjapanrelations #trade #globaleconomy #japaneseeconomy #shigeruishiba #ryoseiakazawa
Uber and Baidu plan to launch robotaxis on the ride-sharing platform in several markets outside of the U.S. and mainland China through a multiyear partnership. https://www.japantimes.co.jp/business/2025/07/16/tech/uber-china-baidu-robotaxi/?utm_medium=Social&utm_source=mastodon #business #tech #uber #baidu #selfdriving #robotaxis #china #us
SoftBank founder Masayoshi Son and OpenAI chief Sam Altman see insatiable demand for AI that makes it imperative to keep building ever more computing capacity. https://www.japantimes.co.jp/business/2025/07/16/companies/masayoshi-son-sam-altman-ai/?utm_medium=Social&utm_source=mastodon #business #companies #softbank #openai #ai #tech
Nvidia's planned resumption of sales of its H20 AI chips to China is part of U.S. negotiations on rare earths, Commerce Secretary Howard Lutnick said on Tuesday. https://www.japantimes.co.jp/business/2025/07/16/tech/nvidia-ai-china-rare-earths-us/?utm_medium=Social&utm_source=mastodon #business #tech #nvidia #china #rareearths #us #donaldtrump #trade #tariffs #chipmakers
China’s humming factories threw a lifeline to an economy struggling with weak demand in the second quarter. That’s given policymakers space to fight deflation — if they choose to do more than just hitting growth targets. https://www.japantimes.co.jp/business/2025/07/16/economy/china-growth-xi-deflation/?utm_medium=Social&utm_source=mastodon #business #economy #china #inflation #xijinping #globaleconomy #trade #tariffs
The proportion of people in Japan who think their living conditions are better than a year before has dropped to the lowest level in over 15 years. https://www.japantimes.co.jp/business/2025/07/16/economy/living-conditions-index-lowest-level-in-15-years/?utm_medium=Social&utm_source=mastodon #business #economy #boj #japaneseeconomy #surveys #inflation
Calls for Federal Reserve Chair Jerome Powell's resignation have prompted investors to protect portfolios against the risk of higher inflation, as a central bank more willing to lower rates could fuel price rises. https://www.japantimes.co.jp/business/2025/07/16/markets/investors-fed-chief-ouster/?utm_medium=Social&utm_source=mastodon #business #markets #jeromepowell #scottbessent #investors #federalreserve #us #donaldtrump #trade #tariffs #republicans
Japan's Nidec is building an almost totally "made-in-China” electric car motor to help Toyota compete in the world’s largest auto market. https://www.japantimes.co.jp/business/2025/07/16/companies/nidec-china-toyota/?utm_medium=Social&utm_source=mastodon #business #companies #nidec #toyota #carmakers #china #electricvehicles
U.S. President Donald Trump said he reached a deal with Indonesia that will see goods from the country face a 19% tariff, while U.S. exports will not be taxed. https://www.japantimes.co.jp/business/2025/07/16/economy/trump-indonesia-19-percent-tariff/?utm_medium=Social&utm_source=mastodon #business #economy #indonesia #us #donaldtrump #trade #tariffs
Cory Doctorow
boosted
"Google needs to keep up the story that it is growing. Once Google stops growing, it becames a "mature" company and its PE ratio will fall from 20:1 to something more like 4:1, meaning an 80% collapse in the company's share price..." - @pluralistic
Not to be the I said so guy, but it's near a decade ago that I first started muttering about maybe not calling Google a startup anymore - which is essentially & rather insanely what they're still doing.
https://mamot.fr/@pluralistic/114859081313037001#tech #business#AI