Toshiba announced overnight that it had chosen a Japanese government-spearheaded group as its preferred bidder for its flash memory unit, which is up for sale due to the massive problems at its Westinghouse nuclear unit.The Japanese government group is comprised of the sovereign Innovation Network C
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A few weeks ago, I wrote an article about how Qualcomm is digging itself into a deeper hole in its legal battle against Apple and that it would be far better off not digging any deeper.This morning, according to a court filing, Apple has stepped up the legal battle against Qualco
Finisar reported numbers on Thursday after the close of regular market trading Thursday night. Expectations going into the earning report were muted as best.The company reported earnings of $0.50 per share on revenues of $357.5 million versus Street expectations of $0.50 per share on revenues of $35
Friday morning Wall Street woke up to the surprising acquisition announcement of Whole Foods by Amazon for $13.7 billion or $42 per share in cash which includes debt.Last year, Walmart had paid a whopping $3 billion for jet.com in an effort to catch up to Amazon in the online retail business.Accordi
Overnight, NPD came out with a report that predicted Walmart would double its online sales growth as compared to Amazon for this upcoming back-to-school shopping season. Their prediction is based on Walmart's Jet.com acquisition last year.Think about that for a minute.The Street expects Walmart to r