US Business

Samsung’s ruling Lee family unveiled plans to pay one of the world’s largest-ever inheritance tax bills, unloading rare Picasso and Monet paintings while trumpeting its extra donations to South Korean society.

The company extended its pandemic-fueled run of strong quarterly earnings that have bolstered investor enthusiasm in the software giant, bringing the company near a $2 trillion valuation.

Under the new privacy restrictions, advertisers targeting iPhone users will get more data about ad performance if they buy Apple’s ad space than if they buy through third parties, according to ad-industry executives.

Alphabet reported first-quarter sales of $55.31 billion, up 34% from a year earlier when advertising sales plunged as the coronavirus crippled the global economy.

Picturesque Coeur d’Alene, Idaho, tops the list of the country’s hottest emerging housing markets, according to a new ranking from The Wall Street Journal and Realtor.com.

The electric-vehicle maker said first-quarter sales jumped around 74% from the same period a year earlier to $10.4 billion, generating $438 million in net profit.

The ride-hailing company says the sale will help it attain a certain measure of profitability sooner than expected.

The technology company said the move would create at least 3,000 jobs in machine learning, artificial intelligence, software engineering and other fields in the Raleigh-Durham metropolitan area.

The Academy Awards show Sunday night drew 9.85 million TV viewers, down 58% from last year’s event.

The deal with the Spanish-language broadcaster shows how Google is leveraging other parts of its operation to drive business to its cloud division.