Japan’s Toshiba Corp posted its highest quarterly profit in two years on Wednesday and said it will buy out three of its listed subsidiaries as the industrial conglomerate moves on from accounting scandals and a management crisis.
Japan Display reported on Wednesday an 11th consecutive quarterly net loss on sluggish display sales and restructuring costs as the cash-strapped company scrambles to clinch a bailout deal with Apple Inc and other investors.
Japanese fashion group Fast Retailing Co Ltd , owner of clothing chain Uniqlo, on Wednesday said it has partnered two robotics startups to help improve efficiency in warehousing and distribution.
A U.S. federal regulator has initiated an investigation into a cloud computing deal between Alphabet Inc’s Google and Ascension Health [ASCNH.UL] which would give Google access to detailed health information of millions of patients, the Wall Street Journal reported on Tuesday.
A federal judge on Tuesday ruled that U.S. border agents need “reasonable suspicion” but not a warrant to search travelers’ smartphones and laptops at airports and other U.S. ports of entry, a practice that has been growing in recent years.
Chinese electric vehicle (EV) manufacturer XPeng, backed by Alibaba Group Holding Ltd, said on Wednesday it has raised $400 million from investors including Xiaomi Corp to fund its growth.