Gloria Blog

Samsung Electronics' Lee Jae-yong, professionally known as Jay Y Lee in the West, had his right to work at the company restored by South Korea, opening the way for him to formally take the helm of the country’s largest conglomerate that is battling global demand and supply shocks. South Korean President Yoon Suk-yeol cleared the heir to the country’s biggest company of bribery charges, for which Mr Lee spent 18 months in prison before his release on parole a year ago. Samsung’s shares rose 1.3 per cent in Seoul on the news. The move comes as the global economy faces successive shocks from rising inflation, market disruption from the war in Ukraine and logistics challenges triggered by China’s “zero Covid” lockdowns, raising the threat of uncertainty for export-orientated South Korea. Rising geopolitical tension between the US and China over chip technology also complicates long-term operation plans for Samsung, which runs big microchip manufacturing plants in the two largest econom...

The Microsoft browser was first released in 1995 during an era of dial-up modems and well before the launch of smartphones and iPads. It was offered with the technology company’s Windows operating system that came pre-installed in millions of computers. In the early 1990s, its market share was at more than 90 per cent but faster rivals such as Google Chrome and Firefox moved in and gradually took over. In May, Chrome accounted for 65 per cent of the market compared to Safari's 19 per cent and Mozilla Firefox's 3.26 per cent, according to data from Statcounter. Meanwhile, Internet Explorer accounted for only 0.64 per cent, the same percentage as in 2021. Microsoft confirmed last year that Internet Explorer 11 — the latest version — “will be retired and go out of support on June 15, 2022, for certain versions of Windows 10". Read More : https://www.thenationalnews.com/business/technology/2022/06/15/goodbye-internet-explorer-microsoft-retires-the-once-dominant-browser/