Friday, May 31, 2019

Japan Display gets debt relief, says consortium to formalise bailout

The consortium, which includes Taiwanese flat screen maker TPK Holding Co Ltd and Chinese investment firm Harvest Group, will replace Japanese government-backed fund INCJ as Japan Display's biggest shareholder with a 49.8% stake. http://bit.ly/2JOPQBx

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Microsoft, Meta, and Alphabet disclosed that they had spent $32B+ combined on data centers and other capital expenses in Q1, as they accelerate AI spending (Karen Weise/New York Times)

Karen Weise / New York Times : Microsoft, Meta, and Alphabet disclosed that they had spent $32B+ combined on data centers and other capit...