Apple considers bidding for big stake in Toshiba's chip business -report
Reuters UPDATE 2-Apple considers bidding for big stake in Toshiba's chip business -report * Apple eyes multi-billion dollar stake of over 20 pct -NHK * Apple plan would have Toshiba keep a stake -NHK * Foxconn would take 30 pct stake under Apple plan - NHK (Writes through with details of bids) TOKYO, April 14 (Reuters) - Apple Inc>> view originalis considering teaming up with its supplier Foxconn to bid for Toshiba Corp's <6502.T> semiconductor business, public broadcaster NHK sa.. Asian shares, won move south on worries over North Korea
TOKYO Japanese and South Korean shares fell while the won currency came under pressure on Friday, as rising tensions in the Korean peninsula dented confidence in the world's economy.The dollar was on the back foot against many other currencies after comments from President Donald Trump earlier this week that the U.S. currency was "getting too strong" and that he would like to see interest rates stay low.Japan's Nikkei .N225 dropped 0.5 percent to a four-month low while South Korea's Kospi lost..>> view originalIf You Think The World Needs Tesla Semis And Pickups, Elon Musk Has Good News
Tesla CEO Elon Musk speaks at a ceremony in Dubai on February 13, 2017. (KARIM SAHIB/AFP/Getty Images) Fresh off Tesla becoming the most valuable U.S. automaker by market capitalization this week (at least for a day or so), the company’s restless CEO Elon Musk is firming up plans to electrify the truck market. Taking to Twitter, his preferred form of communication, Musk said that Tesla will show off a concept version of a semi truck in September. On top of that, a Tesla pickup is also in..>> view originalFCC's TV Airwaves Auction Drew $19.8 Billion, Led by T-Mobile
T-Mobile US Inc., Dish Network Corp. and Comcast Corp. were among the top buyers in the U.S. government's auction of airwaves, which drew $19.8 billion in bids. The results, announced Thursday, showed that T-Mobile was the biggest spender at $8 billion. It was followed by Dish, which spent $6.2 billion, and Comcast with $1.7 billion. Verizon Communications Inc. and AT&T Inc., the nation's largest wireless carriers by subscribers, largely sat out the auction, which was run by the Federal Commu..>> view originalWhy the Wall Street bull sculptor wants the 'Fearless Girl' put out to pasture
Would the “Fearless Girl” pack the same punch if she weren’t facing down Wall Street’s “Charging Bull?”The bull’s sculptor, Arturo Di Modica, thinks not, and he has hired lawyers to help make his case. In a news conference Wednesday in New York City, the man who created the iconic bronze bull near the New York Stock Exchange said the statue of a young girl installed last month just a few feet away — staring boldly at his 7,100-pound beast — violates his artistic copyright. Advertisement “Th..>> view originalInvestors aren't putting much stock in the Apple/Disney takeout talk
RBC research analyst Amit Daryanani says there's an off chance that Apple could acquire Disney, but some investment professionals think it's an exceptionally off chance indeed. While admitting that the odds of such a tie-up "are low," Daryanani wrote in a Thursday note that "We see a confluence of events that make an acquisition of DIS [by Apple] a 'greater than 0%' probability event." "AAPL's focus on services and its inability (so far) to replicate its music/iTunes strategy into content/media..>> view originalCredit Suisse cuts bonuses for top execs by 40 percent amid shareholder protest
By Parikshit Mishra and John O'Donnell | BANGALORE/FRANKFURT BANGALORE/FRANKFURT Credit Suisse has cut its bonuses for top management by 40 percent after shareholder criticism of its plans to make a 78 million Swiss franc ($78 million) payout in spite of heavy losses.The climbdown by Switzerland's second-largest bank is rare and represents a victory for investors who are increasingly pushing for more modest pay in an industry where profits have fallen but pay has often remained high.In a bri..>> view originalJPMorgan profit tops analyst expectations on trading surge
JPMorgan Chase & Co (JPM.N) reported a 17 percent jump in quarterly profit on Thursday, topping analyst expectations as higher interest rates fueled trading activity and helped the largest U.S. bank earn more from lending.The Federal Reserve's decision to hike rates in March for the second time in three months led investors to reposition portfolios, as did elections in Europe and news about Britain's progress in leaving the European Union. That increased activity boosted first-quarter revenue ..>> view originalUnited's Two-Fold Failure
In case you just returned from a week long hike with no cell service, United Airlines overbooked a flight Sunday afternoon and attempted to bump four customers from a flight involuntarily. When one of the four, Dr. David Dao, refused to deplane, United employees called security and had him forcibly removed from the plane. Cue the justifiable social media outrage, the ham-fisted semi-apology, the Orwellian doublespeak, and United appears to be in a full-fledged brand doom loop. There will be m..>> view originalOver 550 Amazon Employees Are Pressuring Leadership To Cut Advertising Ties With Breitbart
According to the email, an Amazon employee confronted Blackburn at the company's March all-hands meeting about advertising on a site that the employee said "regularly publishes hateful and bigoted content." "What is it going to take for us to stop advertising on Breitbart News?" the employee asked, to applause from coworkers. Blackburn's response, according to the email, was met with "utter silence." He suggested that Amazon's advertising relationship with Breitbart was complicated. "It's maki..>> view original
Saturday, May 6, 2017
Apple considers bidding for big stake in Toshiba's chip business -report and other top stories.
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