Samsung managers apologize for poor results, handing back 25 percent of their bonuses

Students walk out of a showroom at the headquarters of Samsung Electronics in Seoul

Reuters reports that almost 200 Samsung managers have “voluntarily” handed back a quarter of their first-half bonuses in anticipation of what is expected to be the company’s worst quarterly profit for two years.

The decision to return some of the bonus was partly a gesture to demonstrate that managers are taking responsibility for the earnings decline, and partly a way to show that management will work harder, the source told Reuters on Friday, declining to be identified due to the sensitivity of the matter.

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Google services again facing outages in China after brief restoration this morning

Google Personal Search

Earlier today, access to Google’s variety of web services was finally restored in China, after weeks of them being offline. This evening, however, Reuters reports that once again, the Mountain View company’s services are being disrupted in China. This includes tools such as Google Search, Maps, Gmail, advertising services, and more.

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Goldman Sachs taking legal action against Google to retrieve a misaddressed email [Update: Google complied]

report-goldman-sachs-lost-up-to-100-million-on-bad-trades-today

Image via Reuters

Update: The WSJ reports that Google agreed to block access to the email, and advised that it had not been read

According to a new report from Reuters, investment banking firm Goldman Sachs is taking legal action against Google over an email that it accidentally sent to the wrong address. The report claims that a Goldman Sachs employee was sending an email, but instead of putting the correct @gs.com ending, the employee put @gmail.com, which in turn caused the email to be sent to a total stranger.

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Europe’s top court finds you can delete things from the Internet after all …

Photo: Associated Press

Photo: Associated Press

The European Union Court of Justice (ECJ) has ruled that individuals have a right to require Google to remove sensitive information from search results, reports Reuters.

The ruling [...] came after a Spanish man complained to the Spanish data protection agency that an auction notice of his repossessed home on Google’s search results infringed his privacy [...]

Google says forcing it to remove such data amounts to censorship.

The ruling reflects a 2012 proposal by the EU known as the “right to be forgotten,” in which it was argued that even accurate information may become “outdated or irrelevant” after a period of time has elapsed …  Read more

HTC plans to emulate Samsung’s something-for-everyone strategy to reverse losses

HTC acknowledges that it needs more than high-end handsets

HTC acknowledges that it needs more than high-end handsets

While HTC technically ended 2013 in profit, the company says that declining margins are likely to see it end the first quarter of this year with a loss. HTC reported a wafer-thin profit of $10M from revenues of $1.4B, the latter figure 28 percent down year-on year. Its global market share of shipments was just two percent.

Reuters reports that the company plans to make a wider range of more affordable phones – the same strategy used by Samsung. Samsung made most of its money last year from a combination of its chip-manufacturing business and low- to mid-range handsets, and has itself come under pressure from low-cost competitor handsets …  Read more