Toshiba Picks Preferred Bidder for Microchip Business

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Spread the loveTweet Photo Toshiba said on Wednesday that a consortium made up of the Innovation Network Corporation of Japan, Bain Capital and the Development Bank of Japan had “presented…


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State of the Art: In Whole Foods, Bezos Gets a Sustainably Sourced Guinea Pig

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Spread the loveTweet Amazon almost certainly doesn’t know yet how exactly Whole Foods will fit into its long-term plans. You can expect it to make few dramatic changes to Whole…


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Amazon to Buy Whole Foods for $13.4 Billion

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Spread the loveTweet The idea of Amazon, a company founded 23 years ago on the premise of shopping from the comfort of a computer screen, moving forcefully into the crowded…


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SoftBank to Buy Boston Dynamics, Maker of Animal-Like Robots

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Spread the loveTweet Photo “SpotMini,” a robot by Boston Dynamics, entering an elevator during Genius Gala 6.0 in Jersey City, N.J., in May. The company has gained notice for its…


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Verizon to Lay Off 2,100 Employees After Finalizing Yahoo Deal

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Spread the loveTweet Both companies declined to comment on the layoff plans. But the steady shrinking of Yahoo and AOL underscores the major challenges faced by both companies as they…


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Pandora Extends Deadline for KKR Deal to Explore Its Options

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Spread the loveTweet Photo The Pandora offices in Oakland, Calif. The company has seen its user base erode over the last few years as listeners have headed to Spotify, Apple…


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Sinclair Broadcasting Said to Be in Talks With Ex-Sony TV Chief Steve Mosko

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Spread the loveTweet Photo Steve Mosko, then the chairman of Sony Pictures Television, in 2015. He left the position last year. Credit Jason Kempin/Getty Images LOS ANGELES — Now that…


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Bits: Daily Report: Europe Gets Tough on Facebook

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Spread the loveTweet Photo The Facebook Innovation Hub in Berlin last year. Facebook faces increased scrutiny in Europe. Credit Tobias Schwarz/Agence France-Presse — Getty Images It has been some time…


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Buying Spree Brings Attention to Opaque Chinese Company

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Spread the loveTweet Mr. Chen has propelled the privately held HNA onto the world stage through a dizzying array of acquisitions, a spending spree supported by Chinese state banks and…


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Fox’s Unfamiliar but Powerful Television Rival: Sinclair

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Spread the loveTweet Fox, the media conglomerate controlled by Rupert Murdoch and his sons, has long dominated conservative political discussion with its Fox News cable channel. But Fox News is…


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