By Nathan Layne and Ritsuko Ando TOKYO (Reuters) – Tom Scott, a former U.S. executive at Toshiba Corp , remembers his former boss Atsutoshi Nishida as an aggressive leader who could motivate staff but also rattle them with tough sales targets and an occasional dressing down. “He gave me goals that scared the hell out of me,” Scott told Reuters after Nishida resigned as an adviser to Toshiba, along
Apple Inc’s Chief Executive Tim Cook took an unusual step of reassuring shareholders on Monday in comments to CNBC about the iPhone maker’s business in China ahead of a dramatic 13 percent drop and rebound in its stock that put it in positive territory. Chinese consumers are critical to fueling demand for iPhones, and a slump in the country’s stock market and Beijing’s recent devaluation of the yuan have shaken
SK Hynix Inc, the world’s No. 2 DRAM chip maker, on Tuesday said it plans to spend 31 trillion won ($25.94 billion) to build two new chip plants in South Korea, aiming to update its production technologies to boost competitiveness. The firm, which competes with rivals including Samsung Electronics Co Ltd, Micron Technology Inc and Toshiba Corp, said the plants would be completed by 2024 but did not comment on
By Joseph Menn SAN FRANCISCO (Reuters) – The security researcher who hacked into a moving Jeep earlier this year has resigned as an engineer at Twitter Inc after three years on the job, a person familiar with the matter said. Charlie Miller, a former National Security Agency hacker who is the one of the world’s best-known security experts, declined to comment on his departure or say what he would do
(Reuters) – Apple Inc said it would replace a limited number iPhone 6 Plus phone cameras due to faulty back cameras that take blurry photos. The affected phones were mostly sold in a 4-month period between September 2014 and January 2015, Apple said on its website. The company, whose shares were set to open at their lowest this year on Monday, said a small component in the affected 6 Plus’s
(Reuters) – Apple Inc is recalling a limited number iPhone 6 Plus phones due to faulty back cameras that take blurry photos. The affected phones were mostly sold in a 4-month period between September 2014 and January 2015, Apple said on its website. The company, whose shares were set to open at their lowest this year on Monday, said a small component in the affected 6 Plus’s iSight back camera
Apple Inc’s China business experienced “strong growth” in July and August, Chief Executive Tim Cook told CNBC on Monday, seeking to assuage investor concerns over the company’s prospects in a market considered critical for its growth. IPhone activations in China had accelerated over the past few weeks and the App Store in China had its best performance of the year over the past two weeks, Cook told CNBC in an
By Josephine Mason TORONTO (Reuters) – Larry Flynt, a defender of free speech and sexual freedom if there ever was one, has this advice for anyone worried by the hack of infidelity site Ashley Madison: Muzzle yourself. It might be too late for many people who, lured by a supposed cloak of digital anonymity, have shared their innermost wishes, fetishes and fantasies on hook-up and porn sites. In exposing the
RainDance Technologies Inc, a maker of gene-based tools to detect cancer and inherited diseases, said it planned to withdraw its initial public offering due to adverse “market conditions”. The move by RainDance, which filed for an IPO of up to $60 million in February, comes on the day of a sell-off in global equities following a slump in Chinese stocks.
(Reuters) – A BT Group Plc executive has called for the United States to require its telecommunications companies to allow access to their networks at regulated prices, similar to rules in place in the United Kingdom, the Financial Times reported on Sunday. Bas Burger, president of the British company’s Americas unit, told the newspaper that a lack of regulation has hampered competition in the United States, where AT&T Inc and
