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Toshiba willing to talk with spurned Western Digital about chip unit sale

Toshiba willing to talk with spurned Western Digital about chip unit sale

TOKYO Toshiba Corp said it was open to talks with Western Digital Corp in their dispute over the sale of the Japanese conglomerate’s prized chip unit – an apparent olive branch after it chose another suitor as preferred bidder. The two have been feuding bitterly and Western Digital, which jointly runs Toshiba’s main semiconductor plant, [...]

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China’s authorities tighten noose around online video content

China’s authorities tighten noose around online video content

BEIJING Beijing has shut down online video services of three popular Chinese media sites in a swift action that unleashed financial shockwaves and posed a firm warning to the country’s online video industry: clean up, or close down. China’s internet shares tumbled after news of the unusually harsh clamp down spread, with Weibo Corp’s down [...]

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Axel Springer hopeful Facebook will make news pay

Axel Springer hopeful Facebook will make news pay

BERLIN The chief executive of German publisher Axel Springer is confident that internet companies like Facebook, Snapchat and Google will help news providers make more money from their content. The publisher of Europe’s top-selling daily “Bild” on Wednesday reported a slowdown in its core profit growth as a continued decline in print circulation weighed. News [...]

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