Call to “reduce dependency” after personal information leaked
Softbank is trying to buy shares in Line Yahoo
Concerns about Naver’s control rights, which it has built up for 13 years
Home capture line
Naver is under pressure to sell its stake in Line Yahoo, the operator of Japan’s national messenger service ‘Line’, which it has joint control rights with Softbank. In the wake of the personal information leak incident, the Japanese government demanded that Line Yahoo reduce its dependence on Naver, a Korean company. There are concerns that Naver could be losing the line management rights it has built up over 13 years.
According to Japanese media such as Kyodo News on the 25th, Softbank is pursuing negotiations to buy the shares of A Holdings, an intermediate holding company that holds a 65% stake in Line Yahoo, from Naver. Kyodo News said, “Softbank is trying to buy a certain percentage of stocks because the acquisition of a small number of stocks is not enough for the fundamental reform of Line Yahoo,” and “It is trying to speed up negotiations by using the publication of financial statements on the 9th of next month as a turning point.” “He said.
Hyundai Motor Group Chairman Chung Eui-Sun Visits India…
Chairman Chung Eui-sun is taking a photo after receiving a ‘selfie’ request from local employees in India after the town hall meeting held at the new Delhi headquarters of Hyundai Motor Company.
Hyundai Motor Group Chairman Chung Eui-sun reviewed future growth strategies in India and communicated directly with employees.
On the 23rd (local time), Chairman Chung Eui-sun received business reports from Hyundai Motor Company and Kia Motors at the new Delhi headquarters of the Indian regional headquarters located in Gurgaon, Haryana, India, and discussed mid- to long-term strategies with executives and employees of both companies in the Indian region.
This is part of Hyundai Motor Company’s plan to share its vision and strengthen trust through horizontal and open communication with local Hyundai Motors employees ahead of new challenges such as establishing a mass production system for 1 million units in India and promoting electrification in earnest.
The town hall meeting proposed by Chairman Chung Eui-sun was held at the new headquarters of the India headquarters in Delhi, with executives including Hyundai Motor Company President Jang Jae-hoon, India Asia and Middle East region vice president Kim Un-soo, and about 400 executives and employees of Hyundai Motor Company’s India region headquarters in attendance.
SK Hynix Bounces Back: Profits Soar In Q1…
SK Hynix Reports Positive First Quarter Results
SK Hynix Inc. signage at the company’s office in Seongnam, South Korea, on Monday, April 22, 2024. SK Hynix is scheduled to release earnings figures on April 25. Photographer: SeongJoon Cho/Bloomberg via Getty Images
South Korean memory chipmaker SK Hynix announced a net profit of 1.92 trillion South Korean won ($1.39 billion) in the first quarter, marking a significant turnaround from the 2.58 trillion won loss reported in the same period last year.
This positive income marks a notable shift from the five consecutive quarters of net losses experienced by SK Hynix due to a downturn in the memory chip market.
Revenue Surges in First Quarter
Revenue for the first quarter reached 12.43 trillion won, reflecting a 144% increase from the previous year. This surge in revenue is attributed to the rise in sales of AI server products, driven by SK Hynix’s leadership in AI memory technology, particularly high-bandwidth memory.
SK Hynix, the world’s second-largest memory chipmaker, supplies high-bandwidth memory chips for AI chipsets, catering to companies like Nvidia. The growing demand for AI chipsets has significantly boosted the high-end memory chip market, benefiting companies like SK Hynix and Samsung Electronics.
Veronafiere, Results Above Pre-Covid Levels In 2023
Veronafiere closes a record balance sheet in 2023, with turnover, Ebitda and profits also higher than 2019 levels. Revenues reached 120.5 million euros, an increase of 11.8% (i.e. 12.8 million euros) compared to 2022. Ebitda was 22.3 million euros, an improvement of 25.9% compared to 2022, exceeding budget estimates by 4.6 million euros. The group’s net result shows a profit of 3.9 million euros, with a clear turnaround compared to the 5.1 million euro loss in the 2022 financial year.
As regards the parent company Veronafiere, revenues reached 93.8 million euros, with an increase of 16% (equal to 13 million euros) compared to 2022. Ebitda is 14.1 million euros, in growth of 19.4% (2.4 million euros) compared to the previous year. The net result shows a profit of 2.3 million euros, compared to a loss of 6.1 million euros in 2022.
«The numbers highlight the double-digit growth in turnover, confirming the vitality of well-managed products, as well as the services developed by the parent company and the team – comments president Federico Bricolo -. The group’s revenues are also higher than the results of 2019. An element of absolute importance, the cash generation, solid also thanks to the evolution of working capital,
TAXATION AND HUMAN RESOURCES Digital Solutions Offered To…
The management of business activities can be done online, this especially benefits small and medium-sized businesses.
Business management software was created by Optimada. This initiative was created with the aim of streamlining business activities.
Soon, will business management be paperless? Optimada is launching new business management software, which allows data from any type of establishment to be hosted on the Internet. This is “Sage Partner Cloud”, a tool that allows the activities of hosted companies to be managed remotely. There is also the Sage accounting tool, software that makes accounting easier, much more suitable for small businesses. These two software programs ultimately make it possible to manage the smallest administrative details of a company, all in real time and anywhere, with Internet access. Optimada, a company specializing in human resources management software, consulting reseller and Sage competence center, states that it is “a digital solution for businesses. They need to effectively manage their time, as well as the activities of their employees.”
In light of the explanations provided by Tiana Randrianasolo, owner-manager of the company Optimada, it is much easier to manage business operations in real time via the Cloud. “By using these digital solutions, business activities will be streamlined.
91 Percent Of Indian Companies Will Use Half…
New Delhi: Nearly 91 percent of Indian companies will use half or more of their data to train artificial intelligence (AI) models in 2024, a new report said on Wednesday. According to intelligent data infrastructure company NetApp, India is ahead in AI and cloud innovation compared to its global counterparts. India is leading the way as an AI leader, with 70 percent of enterprises having AI projects underway or in progress. This is in sharp contrast to the global average of 49 percent.
“India is a country of huge data sets. It’s no surprise that India is leading the world and companies are adopting AI to drive their IT agenda,” said Punit Gupta, VP and MD, NetApp India/SAARC. The report surveyed 1,300 IT executives from key markets globally, including the US, UK, France, Germany, Spain, Australia, New Zealand, Japan, Singapore and India. According to the report, 60 percent of AI-leading countries like India, Singapore, Britain and the US have AI projects underway or in the pilot stage, while the figure is 36 percent in AI-laggarding countries, including Spain. Australia, New Zealand, Germany and Japan.
About 87 percent of Indian companies have adapted IT environments for AI,
Schools Have Stopped Hiring Temporary Workers: This Is…
#Schools #stopped #hiring #temporary #workers #find #teachers
Substitute teachers at schools in Brabant are increasingly self-employed and teachers with a temporary contract. Hiring a teacher through an employment agency is twice as expensive, according to a calculation by the Court of Audit. For this reason, the secondary schools in our province stopped hiring teachers through employment agencies a year ago.
Written by
Danique Pals
A school director wants nothing more than for all lessons to continue. Even if a teacher is ill, goes on maternity leave or is absent for a longer period of time for some other reason. It can be quite a challenge for schools to find a replacement. That is why many schools hire substitute workers through an employment agency. There are high costs involved because the agencies ask for a high margin.
“It is annoying that employment agencies are taking advantage of the teacher shortage,” says Martin van den Berg of the Christiaan Huygens College in Eindhoven, who speaks on behalf of all school boards.
In June last year,
Nicaragua Suspends Ambassador Appointment To South Korea And…
In another change of direction in his erratic foreign policy, Daniel Ortega suspended the appointment of Zhenia Ruth Arce Zepeda as Nicaragua’s ambassador to South Korea, and according to sources in that country, ordered the closure of that diplomatic headquarters . Although, at this time, it does not mean the breaking of diplomatic relations or the closing of that market, it is a cause of concern among the private sector, as it was a market that was beginning to consolidate after the entry, in 2019, of a trade agreement. In addition, it was one of the few countries that continued to provide “small” finances and donations to Ortega.
According to the foreign trade records of the Central Bank of Nicaragua (BCN) and the Budget Setting reports, in the last ten years exports to South Korea were 223 million dollars and imports 775.30 million dollars . In addition, that country provided 153.18 million dollars in loans and 5.90 million dollars in grants. Coffee and sugar are mainly the Nicaraguan products that are gaining ground in that market.
Trade exchange is moderate, however, it began to go back after the Free Trade Agreement (FTA) came into effect, in November 2019,
Why So Few Are Converted Into Apartments
In a specialist article you wrote that not all buildings are suitable for conversion. In which areas is there a risk of permanent vacancies?
In the last ten or twenty years, many commercial areas and back office buildings have been built, especially in the surrounding area, which are no longer needed of this size. For example around Munich: Aschheim, Unterhaching or Poing. These are areas that will be difficult to rent in the long term. And they are not or only poorly suitable for housing, among other things because there is no good connection to local public transport. “Stranded assets”, i.e. properties that are losing significant value, will increase. In some outlying areas there will be cases that can only be downcycled, i.e. converted into simple warehouses for craftsmen or industry. In extreme cases, all that remains is a large-scale demolition and the redevelopment of a district.
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