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Slack gets slice of SoftBank's $100 billion bounty

/ Sep 19, 2017

Slack gets slice of SoftBank's $100 billion bounty

Slack Technologies Inc. closed a $250 million funding round led by SoftBank Group Corp.'s Vision Fund, giving it more ammunition for expansion in an increasingly competitive market for workplace messaging services. The financing round values the startup at $5.1 billion, up from $3.8 billion the ...

Toshiba to conclude chip unit deal as early as Wednesday

/ Sep 15, 2017

Toshiba to conclude chip unit deal as early as Wednesday

Toshiba Corp. aims to conclude a contract on the sale of its flash memory unit as early as next Wednesday. The struggling electronics and machinery maker explained the plan during a meeting Thursday with its main creditor banks, including Sumitomo Mitsui Banking Corp. and Mizuho ...

Chip unit sale an omen of Toshiba's failing fortunes

/ Sep 14, 2017

Chip unit sale an omen of Toshiba's failing fortunes

At a train station used by hundreds of workers at struggling electronics giant Toshiba, an ad tempts staff worried by their employer's precarious financial position. "Do you work for 'that' electronics company? If so, come and work for us!" screams the ad for Toyota. The mere ...