(Bloomberg) -- Toshiba Memory Corp., the world’s second-largest memory chipmaker that was spun out of its parent last year, is changing its name to Kioxia as it gears up for an initial public offering.By taking a new name, the semiconductor company is marking a clean break from iRead more »
(Bloomberg) -- Sign up for Next China, a weekly email on where the nation stands now and where it's going next.Less than a year after President Xi Jinping first touted the project, China’s new stock venue designed for technology startups will start trading on Monday.Twenty-five companies will be
(Bloomberg) -- Netflix Inc., whose shares plunged after it reported the worst drop in U.S. users since 2011, is looking for new subscriber growth in India, a rapidly expanding streaming market. Trouble is, so are a raft of ambitious local players with cut-rate programming packages.Already wrestling with
(Bloomberg) -- Europe’s determination to build up its own, independent, tech infrastructure took a hit this week.The European Union’s flagship technology project, the 10 billion-euro ($11 billion) Galileo satellite navigation system, went down for at least five days after a problem hit command centers
“In the past few years, stick vacuum suction has gotten a lot stronger, especially in battery-powered stick vacuums,” says Frank Rizzi, a senior Consumer Reports test-lab engineer who tests vacuu...
(Bloomberg) -- Vodafone Idea Ltd. has hired Bank of America Corp. and Morgan Stanley to help sell its fiber assets as India’s largest mobile carrier by users seeks to bolster its finances, people familiar with the matter said.The bankers will initiate discussions with potential buyers for the fiber assets
(Bloomberg) -- Billionaire Azim Premji has helped create India’s latest tech unicorn: a fast-rising software startup that symbolizes the growing investor interest in the Asian nation’s enterprise technology space.Icertis, which competes with SAP SE and Oracle Corp. to help businesses manage contracts
(Bloomberg) -- Masayoshi Son likes to sketch out a grand vision for the future of artificial intelligence to justify his seemingly scattershot approach to investing. On Thursday, he let his proteges and startups speak for themselves.SoftBank Group Corp.’s $100 billion Vision Fund has 82 companies in
(Bloomberg) -- Barring Huawei Technologies Co. from operating in the U.K. could lower security standards and make networks less resilient to malicious attacks, according to Parliament’s intelligence and security committee, which urged the government to speed up its decision on the Chinese company.The
(Bloomberg) -- President Donald Trump said he’s looking “very seriously” at a cloud-computing contract valued at as much as $10 billion that the Pentagon is likely to award to Amazon.com Inc. next month.“I’m getting tremendous complaints about the contract with the Pentagon and with Amazon,” he told
It's been a fascinating few years in Consumer Reports’ vacuum labs. Cordless stick vacuums are better than ever and have crowded out corded stick vacs at major retailers—and in our ratings. And r...
(Bloomberg) -- Netflix Inc. shocked investors by reporting a drop in U.S. customers and much slower growth overseas, raising fears that the streaming giant is losing momentum just as competitors prepare to pounce.The shares plunged 10% to $325.21 at the close in New York, the worst one-day drop in three
(Bloomberg) -- The popping phenomenon in technology IPOs extended into the second half on Thursday, when health care software developer Phreesia Inc. surged as much as 53% above its offering price.Phreesia’s pop follows ten other initial public offerings that debuted at least 50% above their IPO prices
College tuition bills are coming due soon. If you’re worried about how you’ll pay them, your school probably has an alternative: a payment plan. Tuition payment programs are short-term installmen...
There are lots of ways to save money on air travel, but putting the youngest and most vulnerable passengers—infants—at risk shouldn’t be one of them. When you’re flying with a child under 2 years...
Americans appear to be turning away from stocks as long term investments, and looking at real estate instead, according to a new study.
(Bloomberg) -- Qualcomm Inc. was fined 242 million euros ($272 million) by European Union antitrust regulators for deliberately pricing some chips so low they could eliminate a smaller rival.The penalty comes a year after Qualcomm was ordered to pay 997 million euros for thwarting rival suppliers to
(Bloomberg) -- A German smartphone bank backed by billionaires Peter Thiel and Li Ka-shing has raised new funds at a valuation of $3.5 billion, making the company one of Europe’s highest valued non-listed fintech firms.N26 GmbH extended its Series D funding round by $170 million to a total $470 million
(Bloomberg) -- President Donald Trump recently demanded more information about how the Pentagon crafted a massive cloud-computing contract it’s poised to award to Amazon.com Inc. or Microsoft Corp., in order to decide whether he should intervene.The Defense Department is set to give the contract, worth
(Bloomberg) -- Taiwan Semiconductor Manufacturing Co. projected current-quarter revenue ahead of estimates, as the Apple Inc. supplier shrugs off a smartphone slump and U.S. sanctions on Huawei Technologies Co. to ride demand for cutting-edge chips.The world’s largest contract chipmaker expects sales
(Bloomberg) -- All eyes will be on Taiwan Semiconductor Manufacturing Co.’s outlook after the world’s largest contract chip manufacturer suffered its worst sales drop in nearly eight years.Analysts expect the company’s third-quarter estimates -- due today after the close of trading -- to point to a revival