Nissan Motor has agreed to divest its 41% stake in Japanese auto parts firm Calsonic Kansei to private equity firm KKR for JPY498.3bn ($4.5bn). This deal is being regarded as one of the largest deals in Japan, particularly in the ...
Tags: Nissan Motor, KKR
Amazon is looking to hammer a final nail into the coffin of traditional cable television by streaming live sports, according to a new report. The Wall Street Journal has published an extensive report detailing Amazon’s supposed bid ...
A new rumour suggests Sony is preparing to officially reveal mobile games titles produced by its new ForwardWorks studio. A tweet from the Wall Street Journal's Takashi Mochizuki states the company will announce software titles and ...
Tags: Sony, Mobile Games
US-based ConAgra Foods has completed the spin-off its Lamb Weston business to become a singularly focused, consumer branded food company. The company has been changed to Conagra Brands to reflect the new direction and streamlined focus. ...
Tags: ConAgra Foods, Lamb Weston
Yesterday, we learned via the Wall Street Journal that Samsung is stil struggling to identify exactly what caused its Note 7 phablets to explode, putting the Galaxy S8's February launch in jeopardy. And while the WSJ report claimed ...
Nintendo has assured 3DS owners the console will not be directly replaced by the forthcoming launch of the home/portable hybrid Nintendo Switch console. Speaking during the company’s latest earnings call, CEO Tatsumi Kimishima said ...
While rumours and speculation have been ramping up considerably in the past few months, Nintendo is yet to officially confirm specific details regarding its upcoming NX console’s appearance or specs. Fans have been waiting for ...
Tags: Nintendo NX, console
The new center will focus on "developing advanced technologies, including computer hardware and communications, audio and video equipment." Apple's not just going to assemble its hardware in China. Now it's also going to develop some of ...
Snapchat has launched its first-ever physical product: a pair of sunglasses. Today, Snapchat announced ‘Spectacles’, a pair of glasses with a built-in camera and, of course, Snapchat integration. At the touch of a button, you ...
Tags: Snapchat, physical product
The Korean Agency for Technology and Standards has ordered Samsung and its battery suppliers to X-ray batteries in Note 7 handsets following a global recall of the phones. As reported by the Wall Street Journal, the South Korean firm has ...
Tags: Samsung, global recall, X-ray batteries
Google is reportedly planning to launch a ride sharing service in San Francisco, California later this year in order to compete with Uber and Lyft. If this pilot project is successful, Google could expand it further. In May this year, ...
Tags: Google, ride sharing service, Uber and Lyft.
Volkswagen is planning to build electric vehicles in North America by 2020, in a bid to regain its lost image following the diesel emission scandal. The announcement was made by newly appointed Volkswagen America head Hinrich Woebcken ...
Tags: Electric Vehicles, Volkswagen
The Food & Drug Administration (FDA) has granted the first GRAS classification for any rice protein to Axiom Foods for their clinically-studied Oryzatein organic brown rice protein ingredient. Axiom's Vegotein pea protein was also awarded a ...
Tags: Axiom Foods, Rice
US-based ConAgra Foods Lamb Weston and its Netherlands-based partner Meijer Frozen Food have announced to form a new joint venture to cater to the Russian market. The establishment of the joint venture is subject to approval from Federal ...
Tags: joint venture, FAS, ConAgra Foods
The Finish Line Inc. (NASDAQ:FINL) reported consolidated net sales were $453.5 million, up 2.3 percent over the prior year period thanks in part to a 1.5 percent increase in comparable store sales. Net income came in at $9.6 million, or ...