COMPANIES

Japan's Toshiba Corp outlined plans on Friday to break up into three independent companies by spinning off two core businesses - its energy and infrastructure business as well as its device and storage business.

Customers looking to get their hands on the highly sought after PlayStation 5 could have even more trouble this holiday season as Sony Corporation has reportedly lowered its internal production target for the popular gaming console.

Sony Group Corp has reduced its PlayStation 5 production outlook for this fiscal year due to component and logistics constraints, Bloomberg News reported on Wednesday.

Google is set to provide $20 million in grant funding and donations to support economic empowerment for veterans and the military community.

Under the agreement, IBM will acquire McD Tech Labs, which has been working to develop, test and deploy an automated ordering system using artificial intelligence-enabled voice recognition.

Intel Corp. disappointed investors even as it posted stronger third-quarter earnings and raised its full-year sales outlook, as global chip shortages eat into potential sales.

IBM on Wednesday missed market estimates for quarterly revenue as its managed infrastructure business suffered from a decline in orders ahead of a spinoff next month, sending its shares down in extended trading.

Details of alleged collusion between Google and Facebook to squash competition in the online ad space are set to be made public this week, a federal judge has ordered.

Columbus Day sales are waning in popularity among retailers, and not for the reason some people may think.

California Democratic Gov. Gavin Newsom signed into law Saturday a mandate for large retailers to keep a gender-neutral aisle for children’s toys.

Facebook has several ideas in mind for how to better serve teens and protect them from known harms of social media, after a former employee disclosed documents showing that the company had been aware of how a significant percentage of young users face negative effects from using Instagram, which Facebook owns.

Taiwan's TSMC and Japan's Sony Group Corp are considering jointly building a chip factory in Japan, with the government ready to pay for some of the investment of about 800 billion yen ($7.15 billion), the Nikkei reported on Friday.

Facebook acknowledged that some users were unable to access its platforms on Friday afternoon, days after an outage knocked the social media company’s services offline for several hours.

Samsung Electronics Co Ltd said on Friday its third-quarter operating profit likely rose 28% to the highest in three years, helped by rising memory chip prices and display sales for smartphone makers' new flagship launches.

President Biden’s official visit to the Clayco Inc. construction site near Chicago on Thursday comes after the company’s CEO donated more than $137,000 to the president's 2020 campaign.

It's worthwhile to ask about Facebook’s knowing contribution to our world’s problems

Samsung Electronics Co Ltd is likely to turn in its best quarterly profit in three years and a record revenue, on rising memory chip prices and brisk sales of its new foldable smartphones, analysts' estimates show.

The NAACP is requesting a meeting with Facebook CEO Mark Zuckerberg after a whistleblower claimed that the social media giant is not adequately policing hate speech on its platform.

Users were reporting problems with Zoom Monday amid widespread outages from Facebook, Instagram, and WhatsApp social media platforms.