Demanding that Theresa May’s government make its positions on Brexit clear so talks can start making progress, in the space of a week, the European Union’s chief Brexit negotiator, Michel Barnier, issued his second stern warning to the U.K. “We can’t… Read More ›
Day: July 12, 2017
Reports Say Western Digital, Foxconn In Talks With Toshiba For Chip Unit Purchase
As Toshiba Corp seeks to revive a stalled $18 billion sale of its chip business, banking sources said that the Japanese company is in talks with Western Digital Corp and Taiwan’s Foxconn, as well as with an already preferred bidder…. Read More ›
Twitter hires ex-Goldman Sachs director as its Chief Financial Officer
There is a renewed investor interest in the company despite its lagging behind its peers in terms of size and profitability. In a significant development, San Francisco-based Twitter Inc has a former managing director of Goldman Sachs, who is also… Read More ›
Toyota launches venture capital fund for AI startups
Toyota’s lucrative venture has potential but to bloom it needs an ecosystem that provides advisors with product expertise and genuine corporate customers. Toyota has become the latest Fortune 500 company to launch an AI focused capital venture fund. During the… Read More ›
Symantec exploring sale of its web certification business: Sources
Symantec is exploring to divest its web certification business which generates $400 million in annual turnover. According to sources familiar with the matter at hand, U.S. cybersecurity company Symantec Corp is considering to sell its website certification business in a… Read More ›