July 26, 2018

Qualcomm axes NXP deal after failing to get Chinese approval

Qualcomm axes NXP deal after failing to get Chinese approval Image copyright Getty Images Chipmaker Qualcomm has abandoned its $44bn bid for Dutch rival NXP Semiconductors after failing to secure approval from Chinese regulators. A deadline for the transaction, which needed China's sign-off, was set for 11:59pm (03:59 GMT) New York time under the agreement. The deal had already won the necessary regulatory approvals in eight of nine countries. It would have been one of the biggest deals between technology companies. It comes as US-China trade tensions have escalated, prompting speculation this latest development is a retaliation to US tariffs. "We intend to terminate our purchase agreement to acquire NXP when the agreement expires at the end of the day today, pending any new material developments," said Steve Mollenkopf, CEO of Qualcomm, in the company's third quarter fiscal results. Qualcomm needed China's approval because it accounted for nearly two-thirds of its rev..
July 26, 2018

Tokyo Sarin attack: Japan executes last Aum Shinrikyo members on death row

Tokyo Sarin attack: Japan executes last Aum Shinrikyo members on death row Image copyright Reuters Image caption Cult leader Shoko Asahara was executed earlier this month Japan has executed the remaining members of a cult behind the deadly 1995 Sarin attack on the Tokyo subway. The six men were the last members of the Aum Shinrikyo cult on death row, and were executed on Thursday, the justice ministry said. Seven others responsible for the attack, including leader Shoko Asahara, were put to death earlier this month. The Sarin attack, Japan's worst terror incident, killed 13 people and injured thousands more. The cult was accused of several other murders and an earlier Sarin gas attack in 1994 which killed eight and left 600 injured. "The pain and anguish of the people who were killed and their families as well as of the survivors left with disabilities, was unimaginable," said justice minister Yoko Kamikawa at a news conference. Those put to death on Thursday included a key Aum S..
July 25, 2018

Ex-cricketer Khan leads Pakistan elections in early counting

Ex-cricketer Khan leads Pakistan elections in early counting Image copyright Reuters Image caption Official results have not been released but supporters of Imran Khan's political party are already celebrating Ex-cricket star Imran Khan has taken an early lead as votes are counted in Pakistan's poll, but political rivals allege vote-rigging on a major scale. Early unofficial results suggest his PTI party are in the lead, but it will need to form a coalition if it is unable to secure a simple majority. Results are trickling in slowly, but election officials deny rigging saying there are simply technical problems. Voting day saw bloodshed, with many killed in a blast at a polling station. This historic election will mark only the second time that a civilian government has handed power to another after serving a full term in Pakistan. With 42 per cent of polling stations counted, the Election Commission of Pakistan had Mr Khan's Pakistan Tehreek-i-Insaf (PTI) party leadin..
July 25, 2018

Australian media giants Nine and Fairfax agree to merge

Australian media giants Nine and Fairfax agree to merge Image copyright Getty Images Image caption Fairfax newspapers including the Financial Review and The Sydney Morning Herald will be sold to Nine Australian media giants Nine Entertainment and Fairfax have agreed to merge, creating what they say will be the nation's "largest integrated media player". The surprise deal, worth an estimated A$4bn (£2.25bn; $3bn), will leave Nine Entertainment with a 51.1% stake. The new business will be called Nine. Australia has a highly consolidated broadcast and print media market. Many current and former Fairfax staff have expressed sadness about the deal. The deal includes Nine's television network, one of the nation's biggest, and Fairfax newspaper titles including The Sydney Morning Herald, Melbourne's The Age and The Australian Financial Review. Australia relaxed media ownership laws last year to allow proprietors greater control over multiple platforms. Skip Twitter post ..
July 25, 2018

Why young Indians are choosing streaming over TV

Why young Indians are choosing streaming over TV Image copyright EPA Image caption The recent football world cup was watched by more Indians than ever before A record number of Indians streamed the recently concluded football World Cup on their phones, in the latest indication that many young people are deserting television for digital platforms. BBC Hindi's Zubair Ahmed finds out if these platforms pose a threat to India's numerous TV channels. "I watched all the matches on my phone," says 22-year-old Sabir Ali, a diehard football fan, who runs a fast food outlet in the capital Delhi. "I didn't have to rush home or shut the restaurant early to watch them on TV." Some 70 million Indians streamed the matches on SonyLiv, one of three Indian broadcasters with digital rights, and the only one to release viewership numbers so far. So, the total number is probably much higher. But that isn't surprising - in April and May, more than 200 million Indians logged on to Star In..
July 25, 2018

Korean War: Searching for the father they barely knew

Korean War: Searching for the father they barely knew Image copyright Getty Images Image caption For many children it's been a lifelong search for their fathers Many families of US soldiers who fought - and never returned - from the Korean War are hoping their decades-long search for answers will soon be over. Thousands of American servicemen are still classified as missing in action (MIA) and at the US-North Korea summit earlier this year, Pyongyang promised to return the remains of 200 US troops from the conflict. The daughters of three missing servicemen shared their stories with the BBC's Cindy Sui. 'He wants to come home'Gail Embery was about three years old when her father, US Army Sgt. Coleman Edwards, joined the war and was declared missing within a few months. Her mother remarried soon after and did not talk about him, so she grew up not knowing she had another father. She found out when she was 10 years old and since then has been trying to find him. "It&..
July 25, 2018

Germany jails Vietnamese man for ‘Cold War’ kidnapping

Germany jails Vietnamese man for 'Cold War' kidnapping Image copyright AFP Image caption Trinh Xuan Thanh vanished from Berlin and reappeared in Vietnam, in an alleged state-sponsored kidnapping A Vietnamese man has been given almost four years in prison for taking part in the dramatic abduction of a businessman on the streets of Berlin last July. A Berlin court ruled the 47-year-old was guilty of taking part in activity for Vietnamese intelligence and hiring a car for the plot. Ex-oil executive Trinh Xuan Thanh, also Vietnamese, was seeking asylum in Germany when he was dragged into a van. He then turned up in Vietnam and was jailed for life on corruption charges. German prosecutors said the abduction was a "state-organised kidnapping" by Vietnam's secret service and that it was reminiscent of the Cold War. The man on trial, identified only as Long NH, confessed to his role and received a reduced sentence of three years and 10 months. The court said he was not involve..
July 25, 2018

China says there will be ‘no winner’ in global trade war

China says there will be 'no winner' in global trade war Image copyright PHILL MAGAKOE Image caption Presidents Xi and Ramaphosa - rejecting protectionism China has told developing nations there would be no winner in a global trade war. Chinese President Xi Jinping called on Brazil, Russia, India, China and South Africa (BRICS) to reject protectionism. South African President Cyril Ramaphosa also warned of the impact that tariff threats by US President Donald Trump would have on developing countries. They were speaking at a three-day meeting of BRICS leaders in Johannesburg, South Africa. The BRICS countries comprise more than 40% of the global population but have never worked as a co-ordinated economic bloc. "We should be resolute in rejecting unilateralism," Xi said at the opening ceremony. "A global trade war should be rejected because there will be no winner. "Unilateralism and protectionism are mounting, dealing a severe blow to multilateralism. China will continue to d..
July 25, 2018

Prisoners in mass breakout after ‘riot’ at Australia jail

Prisoners in mass breakout after 'riot' at Australia jail Image copyright WA POLICE Image caption (L-R) Alan McDonald, Brendan Bartley and Darryl Councillor are back in custody Nine of 10 prisoners who escaped from an Australian jail on Tuesday have been recaptured, police say. The men had broken out of Greenough Regional Prison, 400km (250 miles) north of Perth, during what staff described as "a riot". It prompted police to send text messages to the public, warning them to treat the men as "unpredictable". Police said on Wednesday that only one prisoner, 35-year-old Bradley Silvester, remained at large. The 10 medium security inmates had used ladders to escape the jail during a disturbance late on Tuesday, prison officials said. "[The disturbance] started with a cell fire and then there were a couple of other fires lit in the prison," Corrective Services Commissioner Tony Hassall told The West Australian newspaper. "They broke into some staff offices, got some equipment and..
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