Toshiba under pressure to consider Plan B as chip sale falters Toshiba under pressure to consider Plan B as chip sale falters:- As the $18 billion sale of Toshiba Corp’s memory chip unit to a government-approved consortium falters, some bankers and potential investors are pressing the board to seriously consider […]
Technology
Technology
Amazon cornered Whole Foods into not seeking more bids, filing shows Amazon cornered Whole Foods into not seeking more bids, filing shows:- Amazon.com Inc (AMZN.O) told Whole Foods Market Inc (WFM.O) it would not engage in a sale process for the U.S. grocer that involved other bidders, a regulatory filing […]
Facebook meets Pakistan government after blasphemy death sentence Facebook meets Pakistan government after blasphemy death sentence:- A senior Facebook official met with Pakistan’s interior minister on Friday to discuss a demand the company prevent blasphemous content or be blocked. The meeting comes after a Pakistani counter-terrorism court sentenced a 30-year-old […]
Facebook to build housing in Silicon Valley for first time The shortage of housing in California’s Silicon Valley has gotten so severe that Facebook Inc on Friday proposed taking homebuilding into its own hands for the first time with a plan to construct 1,500 units near its headquarters. The growth […]
Germany says cyber threat greater than expected, more firms affected Germany’s BSI federal cyber agency said on Friday that the threat posed to German firms by recent cyber attacks launched via a Ukrainian auditing software was greater than expected, and some German firms had seen production halted for over a […]
Samsung Electronics tips record second-quarter profit as memory prices surge Samsung Electronics tips record second-quarter profit as memory prices surge:- Samsung Electronics Co Ltd (005930.KS) on Friday said its second-quarter operating profit likely rose 72 percent from a year earlier to a new record, beating analyst estimates, as strong memory […]
Mondelez second-quarter revenue growth hit by global cyber attack Mondelez second-quarter revenue growth hit by global cyber attack:- Mondelez International Inc, the world’s second-largest confectionary company, said its second-quarter revenue growth would be reduced by 3 percent due to the recent global cyber attack, sending its shares down slightly in […]
U.S. judge allows Twitter lawsuit over surveillance to move forward A U.S. judge ruled on Thursday that Twitter Inc (TWTR.N) could move forward with a lawsuit that aims to free technology companies to speak more openly about surveillance requests they receive from the U.S. government. The U.S. government had failed […]
Maersk says too early to predict financial impact of cyber attack Maersk says too early to predict financial impact of cyber attack:- Maersk said it was too early to predict the financial impact of last month’s global Petya cyber attack that hit the shipping giant’s computers and delayed cargoes, but […]
Google says its service disruption issue resolved Some of Alphabet Inc’s Google services including, Admin Console, Calendar and Hangouts, suffered some service disruption on Thursday but the outages have now been resolved, according to Google service status page. The status page also said that “the problem with Google Drive should […]
