Tag - digital

 
 

DIGITAL

BUSINESS
Jan 22, 2018
To show contribution to EU community, Facebook to open digital training hubs in Europe
Facebook said on Monday it will open three new centers in Europe to train people in digital skills and committed to training 1 million people over the next two years, part of the social media giant's drive to show its contribution to the bloc.
EDITORIALS
Dec 26, 2017
Cryptocurrency's worrying boom
Virtual currencies have assumed a new prominence in business and finance, raising important questions about their role, viability and regulation. As the largest trading market for bitcoin, Japan can play an important role in answering these questions.
Japan Times
COMMENTARY / World
Dec 26, 2017
What exactly is bitcoin good for anyway?
Perhaps it's a payment system. If so, it's inferior to credit cards and grossly overvalued.
Japan Times
BUSINESS / Companies
Dec 21, 2017
Toshiba to invest ¥7 billion to obtain land in Iwate Prefecture for new flash memory plant
Toshiba Corp. said Thursday it will invest some ¥7 billion ($61.7 million) in the current fiscal year to procure and prepare land in Iwate Prefecture to build a new flash memory plant amid rising demand.
Japan Times
BUSINESS
Dec 13, 2017
Toshiba and Western Digital reach settlement to end legal battle over chip unit sale
Toshiba says it has reached a settlement with Western Digital over the sale of its chip unit, removing one of the major hurdles to completing the deal.
Japan Times
BUSINESS / Companies
Dec 6, 2017
Struggling Toshiba boosts capital to avoid delisting from Tokyo Stock Exchange
Struggling conglomerate Toshiba Corp. achieved a major financial goal Tuesday as it completed a ¥600 billion ($5.3 billion) third-party allocation of new shares to 60 overseas investment funds, removing its risk of delisting from the Tokyo Stock Exchange.
BUSINESS / Companies
Dec 2, 2017
Toshiba said to be nearing resolution in Western Digital dispute
Toshiba Corp. and Western Digital Corp. are close to settling their legal dispute under an agreement that the U.S. company will drop efforts to block Toshiba's $18 billion sale of its flash-memory business in exchange for the extension of their joint venture agreements, according to people familiar with...
Japan Times
BUSINESS / Companies
Oct 24, 2017
Toshiba gains shareholder approval for crucial chip unit sale
Toshiba Corp. secured shareholder approval Tuesday for the sale of its chip unit to a Japanese-U.S.-South Korean consortium but kept mum about what alternatives to take if it fails to complete the deal before the end-of-March deadline to clear its excessive debt.
Japan Times
BUSINESS / Companies
Oct 2, 2017
Western Digital's battle for Toshiba: A tale of threats and culture clashes
Steve Milligan was ready to declare victory. A statement was drafted and a photographer was getting lined up for a handshake ceremony planned in Tokyo. As the brash Silicon Valley executive prepared to announce the biggest deal of his career, a prominent Japanese newspaper was reporting his consortium...
Japan Times
BUSINESS / Companies
Sep 27, 2017
Western Digital looks to block Toshiba chip unit sale to Bain-led group
Western Digital Corp. said Tuesday it will seek an interim injunction to prevent Toshiba Corp. from selling its chip unit to a Japan-U.S.-South Korea consortium.
Japan Times
BUSINESS / Companies / FOCUS
Sep 22, 2017
Toshiba's chip unit sale may be a done deal but regulatory and legal hurdles loom ahead
Eight months after announcing its plan to sell its chip unit, Toshiba Corp. has finally selected a buyer following a protracted and chaotic sales process. But the embattled tech giant faces big hurdles ahead as it tries to fix its finances and remain a listed company.
Japan Times
BUSINESS / Companies
Sep 21, 2017
Western Digital takes fresh legal action against Toshiba after latest chip unit bid rebuffed
Western Digital Corp. said Wednesday it has taken legal steps against Toshiba Corp.'s investment in a new production site at their joint-venture chip plant, just hours after the Japanese firm rejected the California-based company's bid to acquire its semiconductor unit.
Japan Times
BUSINESS / Companies
Sep 20, 2017
Toshiba selects Bain-led group for chip unit sale, looks to get out of debt by next March
Toshiba Corp. said Wednesday it has decided to sell its chip unit to a Japan-U.S.-South Korea consortium for around ¥2.4 trillion ($21 billion), rejecting a counterbid from its longtime partner Western Digital Corp.
Japan Times
BUSINESS / Companies
Sep 13, 2017
Toshiba signs memorandum to favor Bain consortium for chip unit sale
Struggling Toshiba Corp. signs a memorandum of understanding with a consortium led by Bain Capital to accelerate negotiations to sell its flash memory business by the end of September.
Japan Times
BUSINESS
Sep 13, 2017
Toshiba to hold off picking buyer of chip unit again as it weighs Western Digital rival's offer
Toshiba Corp. has once again decided to hold off on making a decision on the buyer of its chip unit at a board meeting as negotiations with a Western Digital Corp.-led group have stalled, sources said Tuesday.
Japan Times
BUSINESS / Companies
Sep 8, 2017
Apple mulls ¥50 billion investment in Toshiba chip unit
Apple Inc. is considering joining a Western Digital Corp. bid for Toshiba Corp.'s chip unit and investing around ¥50 billion ($460 million), sources close to the matter said Friday.
Japan Times
BUSINESS / Companies
Sep 7, 2017
Western Digital seeks future voting stake of 16% in Toshiba Memory
Western Digital Corp. is planning to take just under 16 percent of the voting rights in Toshiba Corp.'s chip unit after it goes public in the future, sources close to the matter said Thursday.
Japan Times
BUSINESS / Companies
Sep 6, 2017
Western Digital asks Apple to join bid for Toshiba chip unit
Western Digital Corp. is asking Apple Inc. to join its bid for Toshiba Corp.'s chip unit in apparent effort to raise more cash for the purchase, sources say.
Japan Times
BUSINESS / Companies
Aug 31, 2017
Toshiba chip deal stalls amid counteroffers; Apple joins fray
Western Digital deal with Toshiba stalls as the Japan tech giant fielded last-minute new offers for its flash memory business.
Japan Times
BUSINESS / Companies
Aug 30, 2017
Apple joins Bain consortium's last-minute bid for Toshiba chip unit
A Japan-U.S.-South Korean consortium has made a last-minute bid for Toshiba Corp.'s chip unit, offering around ¥2 trillion ($18 billion) in cooperation with Apple Inc., sources close to the matter said Wednesday.

Longform

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