Group in competition with KKR & Co. and Western Digital Bain previously submitted a $19 billion bid with other backers Apple Inc. is wading into the middle of the battle for Toshiba Corp.’s memory chips business. The iPhone maker is in talks with Bain Capital to bid for the Tokyo-based company’s...
Nerdy Google has failed at social time and time again, so it considered buying teen sensation Snapchat. The search giant held informal talks with Snap and floated an offer of $30 billion in 2016 before Snap's last funding round, and just before its IPO this year, according to Business...
Agios Pharmaceuticals, a company that got its start less than a decade ago, just got its first drug approved by the FDA.  The company makes drugs that essentially try to repair cancer cells so they can grow old.  It's one of the first drugs that target the metabolism...
SAN FRANCISCO - The bloom is off seed funding, the business of providing money to brand-new startups, as investors take a more measured approach to financing emerging U.S. technology companies. Seed-stage financing has been sliding for the last two years, with the number of transactions down about 40 percent since...
FRANKFURT - Germany's Volocopter said it has received 25 million euros ($30 million) in funding to develop an electric flying taxi, with car and truck maker Daimler among the firms providing fresh cash. Daimler joined a consortium which includes technology investor Lukasz Gadowski, who sits on the supervisory board of...
Microsoft today announced a new Xbox Wireless Adapter, for connecting an Xbox controller to your Windows PC, that is much smaller than the previous model. The old adapter looked to be about two times the size of a regular USB thumb drive, making it cumbersome and bulky protruding chunk...
SAN FRANCISCO — Apple exceeded Wall Street’s expectations for revenue and profits for its most recent quarter, as strong sales of Macs and digital services offset flat sales of iPhones while consumers wait for new models to be released in the fall. The strong results eased Wall Street’s fears that...
TOKYO - Toyota Motor Corp aims to begin selling in 2022 an electric car powered by a new type of battery that significantly increases driving range and reduces recharging time, the Chunichi Shimbun daily reported on Tuesday. Current electric vehicles (EVs) typically have a range of just 300-400 kilometers (185-250...
Samsung turned in a huge holiday quarter last year despite the Galaxy Note 7 debacle that cost the company billions in lost sales and cleanup expenses. The South Korean consumer electronics giant then followed up that fantastic performance with an even bigger first quarter, and unaudited results suggest the...
Snopes, the fact-checking website that once focused on debunking flimsy internet rumors but has expanded into a 16-person operation that calls out political leaders for dishonesty, is locked in a legal battle that it says has drained the money it needs to survive. The site, which gets all of its...
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