Friday, November 12, 2021

Under shareholder pressure, Toshiba says it will split into three companies, focusing on infrastructure, tech devices, and memory chips (Takashi Mochizuki/Bloomberg)

Takashi Mochizuki / Bloomberg:
Under shareholder pressure, Toshiba says it will split into three companies, focusing on infrastructure, tech devices, and memory chips  —  - Plans 100 billion yen for shareholder returns over two years  — Company has endured years of scandals and controversy



Samsung nears selection of site for new US chip factory

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Instagram paying up to $10,000 bonus to creators for posting Reels

To attract more content creators, Meta-owned photo-sharing platform Instagram is now paying bonuses of up to $10,000 to those who post videos on Reels. https://ift.tt/3n6X1rb

'Honor of Kings' emerges as top grossing mobile game worldwide for October

'Honor of Kings' from Tencent emerged as top grossing mobile game worldwide for October 2021 with $329 million in player spending, which represented 46.2 per cent growth from October 2020. https://ift.tt/31Vhmb3

Apple Users Can Now Share Video Clips From Amazon Prime

Amazon is rolling out a new feature that allows select users to share content from Amazon Original series and movies via Prime Video app. The clip-sharing feature is currently available for iOS users... https://ift.tt/3Cbuc14

Tesla Stock Price Slides After Elon Musk Sells $5 Billion Worth of Shares

Tesla stock price was marginally down after CEO Elon Musk sold $5 billion (roughly Rs. 37,223 crore) worth of shares following a Twitter poll. https://ift.tt/3FcT22u

A US bill seeks to ban exports of DUV lithography tech to China, whose imports of chipmaking equipment reportedly grew from $10.7B in 2016 to ~$51.1B in 2025 (Jared Perlo/NBC News)

Jared Perlo / NBC News : A US bill seeks to ban exports of DUV lithography tech to China, whose imports of chipmaking equipment reportedl...