The way for a sale to raise at least $9 billion to cover U.S. nuclear unit charges that threaten the conglomerate's future was paved for Toshiba Corp as its shareholders agreed to split off its prized NAND flash memory unit on Thursday.   While one of the shareholders at the extraordinary...

As Toshiba Corp seeks to limit losses that threaten its future and just three months after huge cost overruns were flagged, the Japanese parent's U.S. nuclear unit Westinghouse filed for Chapter 11 protection from creditors on Wednesday.   Even though the utilities that own the...

Following a vehicle equipped with the nascent technology crashed on an Arizona roadway, Uber Technologies Inc suspended its pilot program for driverless cars on Saturday, the ride-hailing company and local police said.   Uber however said that no serious injuries were caused by the accident...

A case over transactions involving a Luxembourg unit that was done more than a decade ago, was won by Amazon.com Inc and along with that the U.S> based world's largest online retailer won a more than $1.5 billion tax dispute with the Internal Revenue Service.   The IRS was found to have,...

While rejecting U.S. activist hedge fund Elliott Management's proposal and ruling out for now a long-anticipated succession move, Samsung would find it difficult to adopt a holding company structure at this time,, the South Korean conglomerate - Samsung Electronics Co Ltd said on Friday.  ...

Over the past three years, sale sales been falling steadily for the global direct-selling company Amway Inc in China, to mitigate this robe and to spruce its sale channels, the company plans to resort to technology.      The company plans to install technology based sale channels...

As Toshiba Corp expanded a probe into problems there that caused it to miss an earnings deadline for a second time, the Japanese conglomerate is 'actively considering' a sale and other strategic options for U.S. nuclear unit Westinghouse, the group said on Tuesday.   Despite the potential...

Loyalty to one of their favorite apps matters more than financial details in the case of Snap Inc. for some millennial investors.   Surging more than 70 percent from the initial public offering price in the first two days of trading and plunging back down by a quarter since, the stock of...

According to a note published by RBC Capital Markets, Amazon’s voice assistant Alexa could be a "mega-hit" and could bring the U.S. e-commerce giant $10 billion of revenues by 2020. Alexa is installed in its Echo smart speaker.   The investment bank has said that both Amazon and Google,...

With the aim to become more competitive and as rival mobile companies become internet companies offering combined services from phones to TV to broadband and break free from just selling ever-cheaper data bundles, British mobile operator Vodafone risks being left on the sidelines.  ...

With the aim of jointly developing auto components and vehicles for the Indian subcontinent and beyond, the beleaguered and scam tainted German carmaker Volkswagen said on Friday it had signed a memorandum of understanding to explore a partnership with India's Tata Motors.   After falling...