Japan Electronics company Toshiba Inc has sued five former executives including three former Chief Executive Officers for huge losses on the biggest accounting scandal in Japanese corporates.
Money Times
Verizon Communications Inc. is considering to sell parts of its enterprise which could be worth as much as $10 billion. The company plans to focus on its core business.
Corn mazes and pumpkin patches provide additional revenue and interest on farms across West Virginia when harvest time has long past. But other agritourism opportunities exist, as a group of West Virginia producers found out during a four-month class that culminated in a two-day bus tour to Virginia and North Carolina this spring.
Apple, the first-grade international technological device company, has been introducing new upgraded devices every year. According to Mashable, Apple 6 and 6S was recently launched in India, and the sales were upgraded through immense positive feedback. Now Apple has launched another of its best-selling device, Apple watches.
Faraday Future comes as a new challenger for Tesla in building electric car. The Chinese-backed startup company has invested $1 billion to build factory in America. Other than electric car, Faraday Futures also prepares "rolling smartphone" as a different business model in automotive industry.
Twitter Inc has replaced its star-shaped favorite icon with a heart shaped icon called "like". This is the latest effort by the Twitter team to make Twitter more engaging and attractive.
German industrial production went down 1.1 percent month-on-month for the third quarter. According to Bloomberg Business, Berlin Economy Ministry reported the decline Friday, while economists expected a 0.5 percent increase. Germany has been struggling with the Chinese economic slowdown. The country is also grappling with the economic slowdown in other emerging countries where it exports most of its products.
Xiaomi sold 1 million handsets in the third quarter in India, which considered its second biggest market. CNET has reported that Xiaomi VO Hugo Barra considers this quarter their best quarter ever with the sales benchmarks it reported. The sales in India add a whopping 45 percent quarter-on-quarter growth for the company.
Swedish-digital writing company Anoto has agreed to acquire California-smartpen maker Livescribe for $15 million. The agreement was announced on November 6 by Livescribe, which has a licensing partnership with Anoto since its foundation in 2008, according to a report from Venture Beat. Anoto Group AB operates in the consumer, healthcare, finance, transportations, and education industries.
The TalkTalk hacks that happened late October may have died down, but recent details shows that the number of victims that were initially reported isn't as it seems. According to BBC News, there are now a total of 156,959 customers that had their personal details accessed through the hack. 15,656 bank accounts were taken from those customers.
US consumers can now buy or lease the Mirai, Toyota's first fuel cell car that runs by combining hydrogen and oxygen to produce electricity. Since it runs on water, its only output is also water, which is clean enough to drink.
Apple Watch is now available in India, one month after iPhone 6s and iPhone 6s Plus became available in the country. 9to5Mac reported that the Apple Watch starts at Rs 30,900 in India. The 38mm and 42mm models are available in the country. They come in gold, rose gold, silver anodized aluminum, space gray, polished silver, space black stainless steel, yellow gold, or 18-carat rose gold.
Best Buy will hold a one day in-store-only pre-Black Friday event on Saturday, offering exciting brands including Samsung, Sony TVs, PlayStation 4, Xbox, and Apple products. Gotta Be Mobile has reported that the sale would be held in 400 locations and buyers can save $70 up to $1,200 on their favorite tech brands. The event will be in a four hour window from 1 p.m. to 5p.m. local time.
Facebook hires software engineer Lior Gonnen, the founder and chief executive of Android news app Roundup. Venture Beat reported Facebook brought Gonnen in at their Menlo Park, Californian headquarters.
The Justice Department launched an investigation on drug makers Merck & Co, Valeant Pharmaceuticals International, and Eli Lilly & Co for alleged over pricing. The Wall Street Journal reported that the US Attorney's office in Eastern District of Pennsylvania, along with the Justice Department's civil division set a probe on Merck, Eli Lilly, and Valeant on how these drug makers calculate and report their product pricing to the government medical rebate program.
Subscribe to VCpost newsletter
Most Popular
- Jewelry Maker Cartier Agrees to Let Mexican Man Keep $13,000 Worth of Earrings Only Bought for $13 After Website Mistake
- Trump Justifies Earning Millions from Foreign Governments During Presidency
- Finnish Passenger Jets Forced to Turn Around After Navigation Hit by 'Extremely' Dangerous Russian GPS Jamming
- Titanic Gold Pocket Watch Found on the Body of Its Wealthiest Passenger Is Up for Auction
- Majority of Americans Think SocMed Companies Have Too Much Influence Over Politics, Pew Research Finds
- Heart Health Warriors: Artella Solutions Inc. Wielding the Sword of Innovation in the Battle Against Cardiac Disease
- Businessman Who Shot His Wife to Death Thinking She Was an Intruder Gets Only 12 Years in Prison
- FCC Penalizes the US’ Largest Wireless Carriers for Sharing User Location Without Consent