Technology

TOKYO Japan’s Toshiba Corp said on Wednesday it is filing a lawsuit against joint venture partner Western Digital Corp. Toshiba is claiming 120 billion yen ($1.07 billion) in damages, saying in a statement that Western Digital is interfering with the sale of its memory chip division. Toshiba also said it has decided to shut out
0 Comments
By Jack Stubbs and Pavel Polityuk | MOSCOW/KIEV MOSCOW/KIEV A ransomware attack hit computers across the world on Tuesday, taking out servers at Russia’s biggest oil company, disrupting operations at Ukrainian banks, and shutting down computers at multinational shipping and advertising firms. Cyber security experts said those behind the attack appeared to have exploited the
0 Comments
U.S. wireless carrier Sprint Corp (S.N) is in talks with Charter Communications Inc (CHTR.O) and Comcast Corp (CMCSA.O) about a partnership to boost the two U.S. cable companies’ wireless offerings, according to sources familiar with the matter. Sprint, controlled by Japan’s SoftBank Group Corp (9984.T), has entered into a two-month period of exclusive negotiations with
0 Comments
By Minami Funakoshi and Joyce Lee | TOKYO/SEOUL TOKYO/SEOUL Long the preserve of geeky enthusiasts, bitcoin is going mainstream in Asia, attracting Mrs Watanabe – the metaphorical Japanese housewife investor – South Korean retirees and thousands of others trying to escape rock-bottom savings rates by investing in the cryptocurrency. Asia’s moms and pops, already regular
0 Comments
STOCKHOLM Streaming music service Spotify could be floated within a year, a source familiar with the matter told Reuters on Friday, after co-founder Martin Lorentzon told Swedish radio a listing was not in the pipeline. Reuters reported last month that Spotify, working with investment banks Morgan Stanley (MS.N), Goldman Sachs Group Inc (GS.N) and Allen
0 Comments