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Hon Hai still in running for Toshiba Memory, Gou says

/ Jun 22, 2017

Hon Hai still in running for Toshiba Memory, Gou says

Taiwan’s Hon Hai Precision Industry Co., also known by its trade name Foxconn, isn’t giving up on acquiring Toshiba Corp.’s memory chip unit, its chairman said Thursday.“The Toshiba deal is far from over,” Hon Hai Chairman Terry Gou said at the outset of the ...

Uber CEO Kalanick quits under pressure from investors

/ Jun 21, 2017

Uber CEO Kalanick quits under pressure from investors

Travis Kalanick, the combative and troubled CEO of ride-hailing giant Uber, resigned Tuesday under pressure from investors.The company’s board confirmed the move early Tuesday, saying in a statement that Kalanick is taking time to heal from the death of his mother in a boating ...

Line indoor adventure park to make global debut in Bangkok

/ Jun 20, 2017

Line indoor adventure park to make global debut in Bangkok

The world’s first indoor adventure park featuring “friends” characters created for Line Corp.’s immensely popular messaging app will open later this year in Bangkok.Line Village Bangkok says it will open a Line Village merchandise store Friday before fully opening its doors in the capital’s ...

Toshiba board, CEO blasted by Glass Lewis for poor governance

/ Jun 20, 2017

Toshiba board, CEO blasted by Glass Lewis for poor governance

Proxy adviser Glass Lewis & Co. blasted Toshiba Corp.’s board for poor governance amid repeated scandals and recommended investors vote against all directors at the company’s shareholders meeting this month.In a 25-page report, the U.S. firm details years of accounting troubles at the Japanese ...