FILE PHOTO: The logo of Toshiba Corp is seen as window cleaners work on the company’s headquarters in Tokyo, Japan, February 14, 2017. REUTERS/Toru Hanai/File Photo Toshiba Corp’s plan to raise some $5.4 billion through a sale of new shares will help it avoid a delisting, but will also see more than 30 overseas investors, […]
An SEC filing just revealing that John Flannery, General Electric’s chief executive, purchased 60,000 shares of the company’s common stock on November 15th at $18.27 per share.
Toshiba Corp <6502.T> will decide on Monday to raise some $5 billion from overseas investors, allowing the troubled conglomerate to remain a publicly traded company even if the sale of a key business is delayed, two people with direct knowledge of the process said. Toshiba, reeling from the bankruptcy of its U.S. nuclear unit Westinghouse […]
For Eddy Zillan’s bar mitzvah in 2012, his parents gave him $5,000 to start an investment fund. They expected him to start dabbling in stocks. Instead, he began buying cryptocurrencies like bitcoin and ethereum. Eddy saved up another $7,000 from summers spent working at a tennis club and other jobs, adding that to his investment fund for a […]
When Nintendo (NTDOY) released its Nintendo Entertainment System (NES) Classic, a miniature version of the company’s iconic home game console, last November, the world lost its mind. Overnight, the $60 box, which featured 30 original NES titles, sold out. Retailers couldn’t keep the box in stock, and eBay (EBAY) and Amazon (AMZN) resellers jacked up their prices to $200 or more for the […]
It’s hard to think of a tougher policy sales pitch for the tech industry than its argument against a bill called the Stop Enabling Sex Traffickers Act (SESTA). Advocates for it have a simple request: Do something to stop the plague of online sex trafficking! Opponents are stuck with a more nuanced request on behalf of companies […]
Broadcom’s Tan Got His Way on Deals; Then He Targeted Qualcomm Hock Tan has put together nine deals worth more than $50 billion since 2013. Broadcom Ltd.’s chief executive officer has grown accustomed to getting his way, using compromise, more money, sheer force of will—or a combination of all three. Bringing Qualcomm Inc., his latest target, to […]
Nov.12 — Min-Liang Tan, co-founder and chief executive officer at Razer, discusses growth prospects in Asia, listing in Hong Kong, their new smartphone, going into the public markets and his outlook for the company. He speaks on “Bloomberg Daybreak: Asia.”
FILE PHOTO: The Uber logo is seen on mobile telephone in London, Britain, September 25, 2017. REUTERS/Hannah McKay/File Photo By Heather Somerville and Greg Roumeliotis SAN FRANCISCO/NEW YORK (Reuters) – Uber Technologies Inc’s warring board members have struck a peace deal that allows a multibillion-dollar investment by SoftBank Group Corp to proceed, and which would […]
By Greg Roumeliotis and Liana B. Baker (Reuters) – U.S. chipmaker Qualcomm Inc is making preparations to reject rival Broadcom Ltd’s $103 billion bid as early as this week, four people familiar with the matter said on Sunday, setting the stage for one of the biggest-ever takeover battles. Qualcomm’s board of directors could meet as […]
Nintendo’s (NTDOY) Super Mario is finally ready for his next big adventure Thursday with the launch of “Super Mario Odyssey.” Available for the Switch, “Super Mario Odyssey” is both a leap forward for the franchise and a love letter to its storied past. After bringing Mario and crew back to its side-scrolling inspired roots in “Super Mario 3D World,” Nintendo […]
Razer is getting into the smartphone business with its Razer Phone, and handset designed specifically for mobile gamers. Razer is best known for making some incredibly slick gaming accessories and, more recently, impressive laptops like the Razer Blade Stealth and Blade Pro. But now the company is getting into the smartphone market. Yes, Razer is building a gaming phone. […]
