Although the SEC had “promptly” patched the vulnerability in its EDGAR system which stores millions of confidential data that companies are required to file to the SEC, the fact that hackers have managed to penetrate its systems, have stoked investor concerns. In a startling development, the U.S. Securities and Exchange Commission (SEC), disclosed that hackers…
Toshiba needs to desperately divest its chip making business. Negotiations with investors led by Bain Capital appear to be chugging alone steadily. On Wednesday, in a significant development, Toshiba Corp disclosed it has signed a memorandum to accelerate negotiations for selling its memory chip business to a group of investors led by private equity firm,…
The iPhone X and the Apple Watch Series 3 could go a long way in bumping up Apple’s market capitalization to levels above $1 trillion – analysts. With Apple Inc unveiling its much-anticipated 10th anniversary device, the iPhone X is a marvel of glass and stainless steel and sports an edge-to-edge display that has been…
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