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Japan Times
BUSINESS / Tech
Dec 21, 2021

What happens when Instagram success meets a market meltdown

THG became a billion-dollar company through makeup and supplements that were wildly popular on social media. The good times didn't last.
Japan Times
BUSINESS / FOCUS
Dec 18, 2021

Amazon partnered with China propaganda arm to win Beijing's favor

Amazon's compliance with a Chinese government edict is part of a deeper, decadelong effort by the company to protect and grow its business in one of the world's largest marketplaces.
Japan Times
WORLD
Oct 11, 2021

Moderna, racing for profits, keeps COVID-19 vaccine out of reach of poor

Moderna has shipped a greater share of its doses to wealthy countries than any other vaccine manufacturer, a data-tracking firm has said.
Japan Times
BUSINESS / Companies
Aug 11, 2021

Masayoshi Son to make personal investments with SoftBank’s Vision Fund

Business leaders don't usually mix personal interests with corporate responsibilities in order to avoid conflicts of interest, especially when there are public shareholders.
Japan Times
BUSINESS
Jul 21, 2021

Netflix promises growth ahead after languid start to year

The company added 1.54 million customers in the second quarter, above the 1.12 million forecast by analysts, but it's a far cry from the company's previous growth.
Japan Times
BUSINESS
Jun 11, 2021

Elon Musk's China nemesis William Li survived once, but he has a fight ahead

On the road to recovery, Li's Nio delivered more than 20,000 vehicles, all of them SUVs, in the first quarter at an average price of $68,000.
Japan Times
WORLD
Jun 9, 2021

Biggest vaccine-maker’s problems keep world short of COVID-19 shots

The Serum Institute of India's travails have become a key illustration of how the effort to inoculate against COVID-19 has failed the developing world.
Marc Benioff, chief executive officer of Salesforce, speaks during a press conference at the 2024 Dreamforce conference in San Francisco, California, on Tuesday.
BUSINESS / Tech
Sep 18, 2024

Salesforce’s new AI strategy acknowledges that AI will take jobs

The new strategy by Salesforce addresses the investor fear that job losses from AI could hurt the software-as-a-service business model.
An electric vehicle (EV) at an Electrify America charging station in Atlanta
BUSINESS / Tech
Oct 7, 2024

The future of EV charging looks a lot like an airport lounge

The convenience of nicer charger stations could entice would-be electric vehicle drivers to take the plunge and buy one,
A Blade battery on display at BYD’s headquarters in Shenzhen
BUSINESS / Tech
Oct 17, 2024

Apple secretly worked with BYD on long-range EV battery, sources say

Sources claim the firms teamed up around 2017 to build a battery system using lithium iron phosphate cells.
A drone flies as Chinese drone maker DJI demonstrates their app that tracks a drone's registration and owner. DJI, the world's largest drone manufacturer that sells more than half of all U.S. commercial drones, asked a U.S. district judge to order its removal from a Pentagon list designating it as a "Chinese military company," saying it "is neither owned nor controlled by the Chinese military."
ASIA PACIFIC / Crime & Legal
Oct 19, 2024

Drone maker DJI sues Pentagon over Chinese military listing

The company has said the designation is wrong and has caused it significant financial harm.
General Motors CEO Mary Barrabefore an investor meeting in Spring Hill, Tennessee, on Oct. 8. Barra said that the company had fixed battery-manufacturing problems and that its electric vehicles would soon be profitable.
BUSINESS / Companies
Oct 24, 2024

Electric vehicles may be struggling. GM’s leader is still a believer.

General Motors CEO Mary Barra says the company is still committed to doing away with combustion engine cars in the United States by 2035.
Traffic in the Yeouido financial district of Seoul
BUSINESS / Companies
Oct 30, 2024

Ex-Goldman banker-turned-billionaire takes on South Korea’s chaebol

While private equity’s involvement in South Korea's economy has grown over the last two decades, few have taken on the powerful, family-run conglomerates.
Nissan sees its operating income plunging to just ¥150 billion in the fiscal year ending in March, down 70% from its previous forecast.
BUSINESS / Companies
Nov 7, 2024

Nissan cuts outlook and announces restructuring with 9,000 job cuts

The firm sees its operating income plunging to ¥150 billion in the fiscal year ending in March, down 70% from its previous forecast.
Masahide Endo, chief consultant at Daiwa Institute of Research noted that Alimentation Couche-Tard's bid for Seven & I Holdings had spawned a sense of crisis in other industries over sudden takeover proposals.
BUSINESS / Economy
Nov 18, 2024

Japanese companies increasingly targeted in foreign M&A bids

The total value of inbound acquisitions from overseas is up about 3.7 times year on year.
A mockup of a Northvolt battery at a factory in Skelleftea, northern Sweden. Northvolt transformed in a matter of months from Europe's best shot at a homegrown electric-vehicle battery champion to a company struggling to stay afloat.
BUSINESS / Companies
Nov 22, 2024

Northvolt files for bankruptcy in blow to Europe's EV ambitions

The firm said it has only enough cash to support operations for about a week.
People are seen at one of Seven & I Holdings's 7-Eleven convenience stores in Tokyo in January 2017.
BUSINESS / Companies / ANALYSIS
Dec 12, 2024

7-Eleven battle shows resilience of Japan Inc.'s family ties

Founding families are able to wield considerable power in Japanese companies despite holding small stakes.
Disney and Oriental Land executives pose with Disney characters at the unveiling of an expanded cruise line, in Urayasu, Chiba Prefecture, earlier this year.
BUSINESS / Companies / FOCUS
Dec 16, 2024

Tokyo Disney Resort operator eyes cruises for new growth

The company plans to invest approximately ¥330 billion in the project, hoping to launch services in fiscal 2028.
Hiroshi Shimizu (left), president of Nippon Life Insurance, and Satoshi Asahi, vice president and future president, shake hands after a news conference Wednesday in Tokyo's Chiyoda Ward.
BUSINESS / Companies
Dec 23, 2024

Nippon Life’s $12 billion acquisition spree is just beginning

Having committed to pouring billions into a pair of global insurers, the firm is now turning to asset managers, as it seeks to diversify business at home and abroad.
A satellite image shows the Sverdlov plant in Dzerzhinsk, Russia, on Sept. 13, 2022.
WORLD / Politics
Dec 31, 2024

The Russian billionaires whose chemical factories fuel Moscow's war machine

The analysis demonstrates how heavily plants forming part of Russia's war machine rely on the chemical factories.
A policeman stands near where people were killed by a man driving a truck in an attack during New Year's celebrations in New Orleans, Louisiana, on Wednesday.
WORLD / Crime & Legal
Jan 2, 2025

Trucks in New Orleans attack and Las Vegas explosion were rented using the same app

Renters of both vehicles had used Turo, a peer-to-peer app. Officials are investigating possible connections between the two cases.
U.S. President Joe Biden decided Friday to block the proposed $14.9 billion purchase of U.S. Steel by Japan's Nippon Steel, with the firms blasting the decision, calling it a "clear violation of due process" and a political move, and vowing to "take all appropriate action" to protect their legal rights.
BUSINESS / Companies
Jan 4, 2025

Biden blocks Nippon Steel’s $14.1 billion takeover of U.S. Steel

The two firms blasted the decision, calling it a "clear violation of due process" and a political move, and saying they would "take all appropriate action" in response.
Mark Zuckerberg, then chief executive of Facebook, appears at a joint U.S. Senate Judiciary and Commerce Committee hearing on Capitol Hill in Washington in April 2018.
WORLD / Politics
Jan 11, 2025

Inside Mark Zuckerberg’s sprint to remake Meta for the Trump era

The highly unusual overhaul of the firm's speech policies came after the Meta CEO visited U.S. President-elect Donald Trump in November.
The TikTok logo is displayed outside the offices of the social media app's company offices in Culver City, California, in 2023.
BUSINESS / Tech
Jan 14, 2025

China discusses sale of TikTok U.S. to Elon Musk as possible option

Under one scenario that’s been discussed by the Chinese government, Musk’s X would take control of TikTok U.S. and run the businesses together.
Most of the grant funding for U.S. President Joe Biden's ambitious Chips and Science Act has been awarded, and the initiative has spurred more than $400 billion in planned company investments. But much of the job remains unfinished — and broader upheaval in the chip industry will only add to the challenges.
BUSINESS / Tech / FOCUS
Jan 18, 2025

Biden’s chips team hands off $52 billion program to a skeptical Trump

Before the election, Donald Trump described the Chips Act as "so bad” and suggested tariffs would be a better solution.
TikTok boasts 170 million monthly U.S. users and has become a major driver of culture and politics among young Americans.
BUSINESS / Tech
Jan 24, 2025

TikTok’s possible buyers, from Elon Musk to MrBeast

There will be no shortage of interested acquirers for the popular video service, which boasts 170 million monthly U.S. users.
Members of the media raise their hands for questions as outgoing Fuji TV President Koichi Minato attends a news conference in Tokyo on Monday.
JAPAN / Explainer
Jan 28, 2025

What we learned at Fuji TV's marathon Nakai scandal news conference

Longtime executive of Fuji TV Hisashi Hieda, who has been dubbed the “emperor” of the broadcaster, was not present at the news conference and did not resign.
Bulk food dispensers at a new 7-Eleven store in Matsudo, Chiba Prefecture. Opened a year ago, Seven & I Holdings conceived it as a prototype to test the synergies between the company’s retail supermarket chain and its more-successful convenience-store business.
BUSINESS / Companies / FOCUS
Feb 10, 2025

Blended 7-Eleven-and-supermarket concept proves a tough sell

It is unclear if higher customer numbers have been sustained, and Seven & I has no plans right now to open more such outlets.
The Grok-3 artificial intelligence chatbot has "more than 10 times” the computing power of its predecessor, billionaire Elon Musk said in a presentation alongside three engineers from xAI, his AI startup, on Monday.
BUSINESS / Tech
Feb 18, 2025

Musk debuts Grok-3 AI chatbot to rival OpenAI and DeepSeek

Grok-3 beats its rivals across math, science and coding benchmarks, the chatbot's developer says.
In all, global investors plowed around $315 million into eFishery’s preferred shares over five funding rounds.
BUSINESS / Companies
Feb 24, 2025

SoftBank among eFishery investors facing near wipeout

Investors in the startup, which deploys feeders to fish and shrimp farmers in Indonesia, are likely to get back less than 10 cents for every dollar they invested.

Longform

Tetsuzo Shiraishi, speaking at The Center of the Tokyo Raids and War Damage, uses a thermos to explain how he experienced the U.S. firebombing of March 1945, when he was just 7 years old.
From ashes to high-rises: A survivor’s account of Tokyo’s postwar past