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Western Digital seeks arbitration in row over Toshiba’s $18 billion chip sale | Reuters
TOKYO Western Digital Corp (WDC.O) has sought international arbitration to stop partner Toshiba Corp (6502.T) from selling its chips arm without its consent, potentially derailing a much-needed capital injection for the Japanese conglomerate.California-based Western Digital is a long-standing joint venture partner and runs Toshiba's main semiconductor plant in Japan. It
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Snapchat buying Israeli augmented reality start-up Cimagine: report
TEL AVIV Messaging app Snapchat is buying Israeli augmented reality startup Cimagine Media for an estimated $30-$40 million, marking Snapchat's first acquisition in Israel, the Calcalist financial daily reported on Sunday.Cimagine developed True Marketless Augmented Reality – technology that allows
Greece sees final solution on debt crisis amid euro uncertainty
ATHENS Political uncertainty in Europe has created fresh momentum for a "comprehensive and permanent" solution to the Greek debt crisis before the year ends, a government spokesman said on Sunday.Euro zone finance ministers will meet in Brussels on Monday to
GM's Cadillac sees double digit sales growth in China this year
BEIJING Cadillac, General Motors Co's (GM.N) luxury brand, is predicting a double digit growth rate in China sales this year, the brand's country chief Andreas Schaaf told Reuters on Tuesday.The brand - which opened its first dedicated factory in China
