Thursday , 18 December 2025

Recent Posts

Amazon girds for rivals Apple, Google in home devices push

Bloomberg Amazon.com Inc., girding for competition from Apple Inc. and Google in the race to equip homes with smart devices, unveiled a slew of consumer gadgets including an Alexa-powered digital-home hub, a smaller and cheaper Echo speaker and a new mini Echo with a screen, called Spot. Though hardware products aren’t key to Amazon’s bottom line, they serve as important …

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Roku IPO 2017’s best for tech stock debut with 68% jump

Bloomberg Roku Inc.’s trading debut has catapulted it among the biggest gainers for newly listed technology and communications stocks as investors bet on the success of streaming video. The shares closed at a high on its first day of trading at $23.50, up 68 percent from its $14-a-share initial public offering price. That surpassed MuleSoft Inc.’s first day rise in …

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Toshiba inks $18billion deal to sell chip arm to Bain group

Bloomberg Toshiba Corp. signed a final agreement to sell its flash memory chip business to a group led by Bain Capital for about $18 billion, moving a step closer to completing the deal after months of contentious negotiations. The Bain consortium includes major technology players Apple Inc., Dell Inc., SK Hynix Inc. and Japan’s Hoya Corp., while Toshiba itself will …

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