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Toshiba board agrees to sell memory business to Bain-led group

  • William Van-Lear Black
  • 7 Months ago
  • 0
Wednesday, the board of reeling technology giant Toshiba announced that it has approved the $18 billion sale of the company’s flash memory operation, Toshiba Memory Corporation (TMC), to a group of buyers that includes American venture capital firm Bain Capital, and a pair of government-owned Japanese organizations, the Innovation Network Corporation of Japan, the New […]

Asian Ride-Hailing Company Grab Has Raised 2 Billion and Counting in Latest Investment Round

  • William Van-Lear Black
  • 9 Months ago
  • 0
China’s most prominent ride sharing company, Didi Chuxing, and SoftBank, a leader in the Japanese telecommunications and internet services industries, have invested a combined $2 billion in southeast Asian ride-hailing company Grab, Johana Bhuyan of recode.net reports. Grab expects to collect an additional $500 million dollars during this round of funding. It will use the […]

AirAsia X to Operate in America

  • Anahit Moumjian
  • 1 year ago
  • 0
Malaysian-based AirAsia X announced on Tuesday that the Federal Aviation Administration had granted it certification to fly into the U.S.  The Asian low-cost carrier is the first of its kind to receive authorization to operate scheduled passenger, according to the airline. AirAsia X Group CEO Datuk Kamarudin Meranun said in a statement, “This is a major milestone […]

Indonesian Poultry Prices on Rise and How it Affects You

  • Priscilla Manzo​
  • 3 Years ago
  • 0
Poultry prices continue to be on the rise possibly hurting corporation who rely heavily on their supply. Indonesia’s government efforts to gain a larger self-sufficiency in food production has put a policy in place that has restricted the amount of corn imports, which has already affected rice and bean prices. This policy is expected to […]

Toyota Announces First Hydrogen Fuel Car

  • Blaine Martin
  • 4 Years ago
  • 0
Toyota aims to give all-electric car manufacturer Tesla a run for its money with the all-new, hydrogen cell powered FCV. Toyota claims that the FCV has a range of around 435 miles; that’s a figure that easily bests Tesla’s offering on any trim level of Tesla’s flagship vehicle, the Model S. Another plus for Toyota […]