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Tag Archives: Its

Toshiba Chip Deal: Bain Says Dell, Other Firms Join Its Bid

Bain Capital, now in the lead to buy Toshiba’s prized memory chip unit, said on Friday it has brought in Delland other tech firms as new members of its consortium to bolster its bid. Toshiba said this week it has agreed to focus on selling the world’s No. 2 NAND producer to a group led by Bain and South Korean chipmaker SK ... Read More »

China is considering major investments in European finance as part of its global spending push

After ports and industrial parks, the deal makers leading China’strillion-dollar push to build a modern Silk Road are turning to the financial sector, targeting Europe’s banks, insurers and asset managers to tap funds and expertise. Jason Lee | Pool | Getty Images China President Xi Jinping attends a news conference at the Belt and Road Forum for International Cooperation on May 15, 2017 in Beijing, ... Read More »

Frankfurt Motor Show 2017: 2018 Toyota Land Cruiser Makes Its Public Debut

The 2018 Toyota Land Cruiser gets a new face and features on offer Toyota has revealed the 2018 Land Cruiser at the 2017 Frankfurt Motor Show and there are quite a few updates that the car gets. The body-on-frame SUV has gone through quite a few changes and you can see these right from the front fascia, as it’s been ... Read More »

Japan Display to Cut 30 Percent of Its Workforce

Japan Display said Wednesday it would slash 3,700 jobs, or about 30 percent of its workforce, as the struggling smartphone screen maker’s chief executive warned it was the “last chance” for a turnaround. Citing intense competition, the Tokyo-based company said it would cut 3,500 positions at overseas assembly plants and another 240 jobs from its payroll in Japan. The job ... Read More »

Zoomcar Hop Launched, Its One-Way Intercity Self-Drive Service

HIGHLIGHTS Zoomcar is India’s first 100 percent self-drive car rental company Customers can pick up a Zoomcar in one city and drop it in another city “Hop” service would be available across 24 cities Zoomcar, India’s first 100 percent self-drive car rental company, announced the launch of “Hop,” a one-way intercity self-drive service, in the city. The new one-way intercity ... Read More »

Twitter Reveals Why It Hides Its Daily Active User Figures

HIGHLIGHTS Twitter revealed that the percentage change in DAUs is important It believes revealing its DAU growth will lead to an unfair comparison Twitter has added zero users since first quarter Responding to the Securities and Exchange Commission (SEC) as to why Twitter is hiding its daily active user (DAU) growth, the company said “the absolute number of DAUs is less important ... Read More »

Apple Said to Seek Tax Breaks for Its iPhone Suppliers in India

HIGHLIGHTS Government officials say meeting this request would require a new policy Apple submitted a list of prerequisites to make iPhones from scratch It began assembling the iPhone SE in Bengaluru in May Apple has asked the Indian government to extend tax breaks to its suppliers if India seeks to become a manufacturing hub for iPhones and its components. Government ... Read More »

When it comes to kids and social media, it’s not all bad news

While we often hear about the negative impact social media has on children, the use of sites like Facebook, Twitter and Instagram is not a one-size-fits-all activity. Children use it in a wide variety of ways – some of which are adding value to their lives. There are risks associated with social media use. But it’s also important to understand ... Read More »

Symantec Said to Be Considering Sale of Its Web Certificates Business

Cyber-security firm Symantec is considering selling its website certification business, in a deal that could fetch more than $1 billion (roughly Rs. 6,457 crores) and extricate it from a feud with Alphabet Inc’s Google, people familiar with the matter said on Tuesday. Google said in March that it was investigating Symantec’s failure to properly validate its certificates, which confirm that websites can be trusted. Symantec ... Read More »

Lenovo will never phase out its own brand in the mobile space

Last November an intriguing report surfaced claiming that Lenovo would give up on using its own brand for smartphones. Instead, it would only sell Moto-branded devices starting at some point in the future. This move was said to coincide with the company’s reorganization of its activities in China. Today however this has been denied by none other than Lenovo CEO ... Read More »