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April 24, 2017

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Business > Company Focus
Media exec becomes 1st Taiwan student at Alibaba founder's school for entrepreneurs
George Hsieh (謝國樑), chairman of Hualien Media International Co., Ltd. (華聯國際) and publisher of The China Post, recently became Taiwan's first student at an entrepreneurs' college founded by Alibaba Group's founder Jack Ma.
 
Penghu welcomes luxury liner
America's luxury cruise ship Silver Shadow, photographed here, docked for the first time at Penghu's Magong Harbor on Friday, April 7. The cruise ship brought 116 foreign visitors to the shores of Taiwan, marking the first cruise ship this year to stop by the country and therefore officially kicking off tourist season.
 
Hon Hai Precision Industry (鴻海), also known as Foxconn Technology, has submitted a bid of more than 3 trillion Japanese yen (US$30 billion) to acquire the highly-sought after Toshiba's memory chip unit, Japanese newspaper Asahi News reported Friday.
 
Allergan acquires Zeltiq
Known worldwide for its Botulinum Toxin (BTX) brand "BOTOX," health care company Allergan announced the signing of a definitive agreement to acquire medical technology company Zeltiq for US$2.5 billion on Feb. 14. The deal is expected to be completed by the end of 2017 and hopes to expand the company's business in the aesthetic industry. Brent Saunders, company chairman and CEO, deemed the move highly compatible with the firm's own line of products, boosting sales and creating the opportunity for Allergan to become a world-class leader in the aesthetics business.
 
YouTube boob tube
In this Feb. 28 file photo, YouTube CEO Susan Wojicki speaks during the introduction of YouTube TV in Los Angeles.
 
Apple was Thursday taken to court by Australia's consumer watchdog for violating laws by allegedly refusing to look at or repair some iPads and iPhones previously serviced by a third party.
 
The company created by the inventor of the lightbulb seems to have a dim view of its future relationship with the device.
 
Consumer products giant Unilever says it plans to sell its spreads division and combine its foods and refreshments units as part of a major review of operations prompted by a US$143 billion takeover bid by rival Kraft Heinz that fell through in February.
 
Warren Buffet becomes face of Coke in China
The likeness of billionaire Warren Buffett is gracing Cherry Coke cans in China, where the company's largest investor enjoys a legendary reputation.
 
Tesla on the rise as Wall Street snubs Detroit
Tesla Motors has moved to within striking distance of becoming the largest U.S. automaker by market capitalization, a testament to Wall Street's growing ardor for Silicon Valley at Detroit's expense.
 
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