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Samsung to buy out Sony’s shares in S-LCD Corp

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MUMBAI: Samsung Electronics and Sony Corporation have signed an agreement transferring Sony‘s share to Samsung in S-LCD Corporation. The two companies have entered into a new strategic agreement for the supply and purchase of LCD panels.


Under the agreement, Samsung will acquire all of Sony‘s shares in the joint venture giving the entire control Samsung. The transfer will involve an estimated $939.6 million (KRW 1.08 trillion) to be paid to Sony by Samsung.


The agreement also allows Samsung and Sony to continue co-operative engineering efforts focused on LCD panel technology.


Established in April 2004, S-LCD has delivered cost-competitive LCD panels to both of its parent companies. In order to respond to the challenging conditions in the market and to strengthen their respective market competitiveness, the two companies have agreed to shift to a new LCD panel business alliance.


For Sony, this transaction will enable it to monetise its shares in S-LCD and aims to secure a flexible and steady supply of LCD panels from Samsung, based on market prices and without the responsibility and costs of operating a manufacturing facility. With whole ownership of S-LCD, Samsung anticipates heightened flexibility, speed and efficiency in both panel production and business operations.


The share transfer and payment are targeted to close by the end of January 2012, subject to necessary approvals from regulatory authorities.

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With 57 per cent single new users, Ashley Madison rebrands as discreet dating platform

Platform says majority of new members now identify as single

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INDIA: Ashley Madison is shedding the “married-dating” label that defined it for two decades, repositioning itself as a platform for discreet dating in what it calls the post-social media age.

The rebrand, unveiled in India on 27 February, 2026, marks a structural shift in business model and identity. Once synonymous with married dating, the company now describes itself as the “premier destination for discreet dating” under a new tagline: Where Desire Meets Discretion.

The pivot is data-driven. Internal figures show that 57 per cent of global sign-ups between 1 January and 31 December, 2025 identified as single: a notable departure from the platform’s married core. The company argues that its community has already evolved beyond its original positioning.

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“In an age where our lives have been constantly put on public display, privacy has become the new luxury,” said Ashley Madison chief strategy officer Paul Keable. He framed the platform’s offering as “ethical discretion” for singles, separated, divorced and non-monogamous users seeking private connections.

The shift also taps into wider digital fatigue. A global survey conducted by YouGov for Ashley Madison, covering 13,071 adults across Australia, Brazil, Canada, Germany, India, Italy, Mexico, Spain, Switzerland, the UK and the US, found mounting discomfort with hyper-public online lives.

Among dating app users, 30 per cent cited constant swiping and messaging as a source of fatigue, while 24 per cent pointed to pressure to curate public-facing profiles and early personal disclosure. Some 27 per cent said fears of screenshots or information being shared contributed to exhaustion; an equal share cited unwanted attention.

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The retreat from oversharing appears broader. According to the survey, 46 per cent of adults actively try to keep most aspects of their life private online. Only 8 per cent feel comfortable sharing most aspects publicly, while 35 per cent say they are becoming more selective about what they disclose.

Ashley Madison is betting that this cultural recalibration towards controlled visibility can be monetised. By doubling down on privacy infrastructure and reframing itself around discretion rather than infidelity, the company is attempting to convert reputational baggage into a premium proposition.

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