Innovation and Intellectual Property

Japan govt-led bid for Toshiba chip unit to include SK Hynix: sources

Japan govt-led bid for Toshiba chip unit to include SK Hynix: sources

Published 14/06/2017

Employee walk past the logo of SK Hynix at its headquarters in Seongnam, South Korea, April 25, 2016. REUTERS/Kim Hong-Ji

A Japanese government-led consortium bidding for Toshiba Corp's chip business will include South Korean chipmaker SK Hynix Inc, sources familiar with the matter said – a move likely to add firepower to the group's bid in the hotly contested auction.

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Western Digital to raise Toshiba chip offer in last-ditch bid: source

Western Digital to raise Toshiba chip offer in last-ditch bid: source

Published 10/06/2017

FILE PHOTO: A Western Digital office building is shown in Irvine, California, U.S., January 24, 2017. REUTERS/Mike Blake/File Photo

Western Digital Corp (WDC.O) plans to raise its offer for Toshiba Corp's (6502.T) prized semiconductor unit to $18 billion or more, a person familiar with the matter said, in a last-ditch effort to clinch a deal both companies consider vital.

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Toshiba unconvinced by Western Digital`s last-ditch chip bid

Toshiba unconvinced by Western Digital`s last-ditch chip bid

Published 09/06/2017

The logo of Toshiba Corp is seen behind cherry blossoms at the company's headquarters in Tokyo, Japan April 11, 2017. REUTERS/Toru Hanai

Toshiba Corp (6502.T) said on Friday it was not convinced by Western Digital Corp (WDC.O) CEO Steve Milligan's effort to win its backing for the U.S. tech firm's revised bid for the Japanese conglomerate's highly prized chip unit.

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In major breakthrough, tiny Utah firm regenerates skin, hair in pigs

In major breakthrough, tiny Utah firm regenerates skin, hair in pigs

Published 08/06/2017

A small U.S. biotech has successfully regenerated skin and stimulated hair growth in pigs with burns and abrasions, paving the way for a scientific breakthrough that could lead to the regeneration of fully functional human skin.

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Amazon lent $1 billion to merchants to boost sales on its marketplace

Amazon lent $1 billion to merchants to boost sales on its marketplace

Published 08/06/2017

FILE PHOTO: An Amazon.com Inc driver stands next to an Amazon delivery truck in Los Angeles, California, U.S., May 21, 2016. REUTERS/Lucy Nicholson/File Photo

Amazon.com Inc has stepped up lending to third-party sellers on its site who are looking to grow their business, a company executive said in an interview on Wednesday.

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Exclusive: Toshiba aims to name buyer of $18 billion chips business on June 15

Exclusive: Toshiba aims to name buyer of $18 billion chips business on June 15

Published 08/06/2017

A logo of Toshiba Corp is seen on a printed circuit board in this photo illustration taken in Tokyo July 31, 2012. REUTERS/Yuriko Nakao

Toshiba Corp (6502.T) aims to name a winner for its prized semiconductor business next week, people familiar with the matter said on Wednesday, as a row with one of the bidders over the sale appeared to escalate.

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U.S. plans to update self-driving guidelines in coming months

U.S. plans to update self-driving guidelines in coming months

Published 05/06/2017

A self-driving car being developed by nuTonomy, a company creating software for autonomous vehicles, is guided down a street near their offices in Boston, Massachusetts, U.S., June 2, 2017. REUTERS/Brian Snyder

President Donald Trump's administration will unveil revised self-driving guidelines within the next few months, the head of the U.S. Transportation Department said on Monday, responding to automakers' calls for regulations that will eliminate barriers and allow autonomous vehicles on the road.

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India`s Infosys touts plan to hire Americans in face of visa pressures

India`s Infosys touts plan to hire Americans in face of visa pressures

Published 25/05/2017

The logo of Infosys is pictured inside the company's headquarters in Bengaluru, April 13, 2017. REUTERS/Abhishek N. Chinnappa/Files

Infosys Ltd, the India-based computer services giant, on Wednesday touted its new strategy to hire and train 10,000 American workers over the next two years at the company's annual leadership meeting in San Francisco.

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EU top court adviser says Uber is transport service, may needs licenses

EU top court adviser says Uber is transport service, may needs licenses

Published 11/05/2017

A man exits the Uber offices in Queens, New York, U.S., February 2, 2017. REUTERS/Brendan McDermid -

Ride-hailing app Uber is providing transportation services, an adviser to the top European Union court said on Thursday, dealing a blow to the U.S. start-up which has argued it is merely a digital enabler.

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Snap shares plummet as investors mark down first earnings report

Snap shares plummet as investors mark down first earnings report

Published 11/05/2017

Traders gather at the post where Snap Inc. is traded on the floor of the New York Stock Exchange (NYSE) in New York, U.S., March 6, 2017. REUTERS/Brendan McDermid

Snap Inc shares plunged on Wednesday after the owner of Snapchat reported slowing user growth and revenue in its first earnings report as a public company, missing some Wall Street estimates as it competes with copycat messaging apps.

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