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March 24, 2017

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Business > Company Focus
Toshiba shares plunged Wednesday as fears grow about the future of one of Japan's best-known firms, hit by massive losses and accounting fraud allegations at its US nuclear unit.
 
U.S. authorities are set to issue criminal indictments targeting four people, three of them in Russia, in connection with epic hacking attacks on Yahoo, Bloomberg reported on Tuesday.
 
TSMC says aiming to reuse 61% of in-factory waste by 2020
The world's largest contract chip maker Taiwan Semiconductor Manufacturing Company (TSMC) reiterated its commitment to the environment on Tuesday with a promise to increase the percentage of industrial waste it reuses in its factories.
 
Making autonomous car play, Intel offers US$15 billion for Mobileye
Computer chip maker Intel paid handsomely for a piece of the next big thing Monday as it offered more than US$15 billion for Mobileye, an Israeli company at the forefront of autonomous vehicle technology.
 
Troubled Japanese nuclear and electronics company Toshiba Corp. said Tuesday it was considering selling its money-losing Westinghouse operations in the U.S.
 
Gogoro goes to Europe
In this undated photo, a man rides a Gogoro smart scooter in Berlin.
 
A company owned by the family of President Donald Trump's son-in-law, Jared Kushner, is set to receive more than US$400 million from a Chinese firm that is investing in its Manhattan office tower, Bloomberg reported Monday.
 
President Chain Store Corporation reported historic highs in both revenues and profits for 2016 during an afternoon press gathering on Tuesday.
 
Verizon initially thought the biggest data breaches in internet history merited a US$925 million discount on its acquisition of Yahoo's online services, nearly three times more than the two companies finally agreed upon.
 
Toshiba says it won't sell cash register shares
Japanese consumer electronics giant Toshiba on Monday denied reports saying it had been considering selling shares in subsidiary Toshiba Tec, a cash register systems maker.
 
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