Taiwan’s HTC to sell part of XR unit to Google for $250 million
TAIPEI (Reuters) -Taiwan’s HTC said on Thursday it will sell part of its unit for extended reality (XR) headsets and glasses to Google (NASDAQ:GOOGL) for $250 million and transfer some of its employees to the U.S. company. The transaction is expected
Shareholders of Australian apparel retailers Myer, Premier approve merger
(Reuters) – Shareholders of Australian apparel retail firms Myer and Premier Investments approved on Thursday the merger of the latter’s apparel brands with Myer, in a deal valued at A$864 million ($541.99 million). More than 96% of votes cast by Myer
Asia stocks: Japan rises ahead of BOJ, China rebounds on govt support
Investing.com– Most Asian stocks rose on Thursday, with Japanese markets drifting higher before a Bank of Japan meeting, while Chinese shares rebounded as the government outlined more support for equities. Regional technology stocks were hit with some profit-taking after a strong
Morgan Stanley’s Michael Grimes in talks for role in Trump administration, WSJ reports
(Reuters) – Michael Grimes, a technology banker with Morgan Stanley (NYSE:MS), is in talks to leave the bank for a position in U.S. President Donald Trump’s administration, the Wall Street Journal reported on Wednesday, citing people familiar with
Microsoft’s LinkedIn sued for disclosing customer information to train AI models
By Jonathan Stempel (Reuters) -Microsoft’s LinkedIn has been sued by Premium customers who said the business-focused social media platform disclosed their private messages to third parties without permission to train generative artificial intelligence models. According to a proposed class action filed on