Kioxia—once Toshiba’s chip unit—rallies after a Tokyo debut that valued the Bain-owned chipmaker at over $5 billion

by mikej222 | Dec 18, 2024 | Uncategorized

This post was originally published on this siteFormerly the semiconductor unit of Japanese engineering giant Toshiba, Kioxia is the world’s third-largest producer of NAND flash memory chips. Read...

Nissan and Honda consider merger to take on world’s biggest carmaker

by mikej222 | Dec 18, 2024 | Uncategorized

This post was originally published on this siteA deal would effectively consolidate the Japanese auto industry into two main camps. Read...

Fed set to deliver third-straight interest rate cut

by mikej222 | Dec 17, 2024 | Uncategorized

This post was originally published on this siteFed Chair Jerome Powell may face questions about whether progress toward the central bank’s 2% inflation goal has stalled. Read...

Big tech has poured millions into Trump’s inaugural fund—but Salesforce CEO Marc Benioff says he won’t join them

by mikej222 | Dec 17, 2024 | Uncategorized

This post was originally published on this site“I think we just donated that photo,” Benioff said as he chuckled. “He can use the Time magazine cover for free.” Read...

FTC says Grubhub ‘tricked its customers’ and listed restaurants without consent

by mikej222 | Dec 17, 2024 | Uncategorized

This post was originally published on this siteIn a statement, Grubhub denied wrongdoing. Read...

Hundreds of OpenAI’s current and ex-employees are about to get a huge payday by cashing out up to $10 million each in a private stock sale

by mikej222 | Dec 17, 2024 | Uncategorized

This post was originally published on this siteA group of current and former OpenAI employees are eligible to cash out up to $10 million worth of shares as part of the company’s $1.6 billion tender offer to SoftBank, a source has told Fortune. Read...