Tag - western-u-s

 
 

WESTERN U S

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.
Japan Times
BUSINESS / Companies
Aug 30, 2017
Western Digital not to seek veto power in Toshiba chip unit deal
Western Digital Corp. will not seek veto power in Toshiba Corp.'s chip unit — which it aims to jointly buy with other investors — in order to avoid lengthy antitrust scrutiny, sources said Tuesday.
Japan Times
BUSINESS / Companies
Aug 29, 2017
Toshiba, Western Digital reach broad agreement on chip unit sale
Toshiba Corp. and Western Digital Corp. reached a broad accord on the sale of the Japanese conglomerate's chip unit as the U.S. company has agreed to drop its legal actions, sources close to the matter said Monday.
Japan Times
BUSINESS / Companies
Aug 24, 2017
Toshiba gives chip bid dibs to Western Digital after INCJ gets cold feet
Toshiba taps a consortium led by Western Digital as the favored bidder for the embattled giant's memory chip business.
Japan Times
BUSINESS / Companies
Aug 15, 2017
Toshiba's hopes for quick chip unit sale imperiled as talks stall over payment timing
Toshiba Corp.'s talks to sell its chip business to a consortium led by Bain Capital have hit an impasse over the timing of payments for business and governance issues, according to people familiar with the matter, casting doubt on the company's ability to complete a deal quickly.
Japan Times
TENNIS
Aug 14, 2017
Wrist pain forces Nishikori out of Cincinnati
World No. 9 Kei Nishikori will not compete in the upcoming Western and Southern Open hard court tournament as he is experiencing pain in his right wrist, he said through his official app on Sunday.
Japan Times
BUSINESS / Companies
Aug 4, 2017
Toshiba looks to build new Yokkaichi chip plant without partner Western Digital, further fueling feud
Toshiba Corp. is moving forward with plans to build a new memory chip plant without partner Western Digital Corp., another escalation of the fight over the future of their joint venture.
Japan Times
BUSINESS / Companies
Jul 19, 2017
Toshiba resumes blocking Western Digital access to joint venture databases
Toshiba Corp. said Wednesday it has resumed blocking Western Digital Corp.'s access to the databases of their joint chip venture after a U.S. appellate court allowed the action in a temporary order.
Japan Times
COMMENTARY / World
Jul 18, 2017
Trust is falling in Western democratic institutions
One clue to understanding the loss of trust in the professional integrity of the Western media is their unrelenting efforts to demonize Russian President Vladimir Putin.
Japan Times
BUSINESS
Jul 12, 2017
Toshiba ordered by U.S. court to allow Western Digital's access to joint venture database
The order comes as the firms are engaged in an ongoing dispute over the Japanese conglomerate's plan to sell its memory unit
Japan Times
BUSINESS / Companies
Jul 11, 2017
Toshiba talking with Western Digital, Foxconn about chip unit sale, sources say
Toshiba Corp. told its creditor banks it is in talks with Western Digital Corp. and Taiwan's Foxconn over the $18 billion sale of its prized chip unit in addition to its preferred bidder, banking sources familiar with the matter said on Tuesday.
Japan Times
BUSINESS / Companies / ANALYSIS
Jul 9, 2017
Toshiba under pressure to draw up plan B as chip sale falters: sources
As plans to sell Toshiba Corp.'s memory chip unit falter, some bankers and potential investors press the board to seriously consider alternatives, including picking a new buyer.

Longform

Later this month, author Shogo Imamura will open Honmaru, a bookstore that allows other businesses to rent its shelves. It's part of a wave of ideas Japanese booksellers are trying to compete with online spaces.
The story isn't over for Japan's bookstores