The latest and possibly final round of bidding for Toshiba's memory business concluded today with Toshiba's board selecting a consortium led by private equity firm Bain Capital as the preferred bidder, over competing bids from Western Digital and Foxconn. Toshiba has spent most of 2017 trying to sell off their thriving flash memory business in order to offset devastating losses suffered by their Westinghouse nuclear power division. Those financial problems came to a head at the end of 2016 with Toshiba admitting that the losses could amount to several billion dollars, resulting in their stock price falling by more than 40% over a four day span and their bond ratings being downgraded by Moody's and S&P. As the magnitude of their problems became clearer, Toshiba...
Today Apple made a number of new announcements at their fall 2015 event. There are two new iPhones, two new iPads, and a new Apple TV set top box...7 by Brandon Chester on 9/9/2015
Today Apple released their earnings for Q3 of fiscal year 2015, which ended June 27th. In what seems to be a never-ending sequence of records, once again, Apple posted...83 by Brett Howse on 7/21/2015
Today Apple released a new version of the iPod Touch. The previous model of the iPod Touch was released back in 2012, and over time it has seen a...56 by Brandon Chester on 7/15/2015
At this year's WWDC Apple announced that like OS X Yosemite, OS X El Capitan would go through a period where public betas were available to a certain group...15 by Brandon Chester on 7/9/2015
At the end of Apple's WWDC keynote the company revealed their brand new music streaming service, Apple Music. Apple Music is the successor to Apple's existing streaming music service...31 by Brandon Chester on 6/8/2015
Earlier this week Apple announced their 2015 15” Retina MacBook Pro. Though Apple didn’t make any CPU changes, they did make some GPU changes on the high-end model, swapping...109 by Ryan Smith on 5/23/2015
This morning Apple announced the release of the 2015 refresh of their 15” Retina MacBook Pro lineup. With the 13” rMBP having been updated with an Intel Broadwell processor...75 by Ryan Smith on 5/19/2015