Tag Archives: business

FCC Sued Over Weakening of Business Broadband Price Caps

This site may earn affiliate commissions from the links on this page. Terms of use. A decision from the FCC several months ago removed the caps on business broadband pricing for many areas, but a new lawsuit could force it the reinstate the caps. Advocacy groups are scheduled to go before the courts to argue that the Federal Communications Commission failed to justify its change in policy, which could lead to substantial cost increases for small businesses. The big ISPs seem just fine with the new rules, though. In April ...

Read More »

DACA in flux: 5 things business owners need to know

DACA’s end could kill these small businesses After the Trump administration rescinded Deferred Action for Childhood Arrivals (DACA) in early September, many business owners have grown concerned about the fate of some of their employees who gained the legal right to work under the program. Their concerns are understandable, said Sara Itucas, a client solution specialist with staffing and human resources firm TriNet. Putting an end to DACA, which was enacted through an executive order by President Barack Obama in 2012, could upend the lives of the nearly 800,000 so-called ...

Read More »

Apple-backed group to buy Toshiba chip business for $18 billion

Toshiba: Fall of a Japanese icon Toshiba is selling its prized memory chip business for $ 18 billion to a group of buyers that includes Apple. The Japanese conglomerate is offloading major assets to try to deal with a crippling financial crisis. The memory chip business is its crown jewel, which has attracted interest from major tech companies like Taiwan’s Foxconn. But after a messy, months-long bidding process, Toshiba has picked a consortium led by U.S. private equity firm Bain Capital and backed financially by Apple(AAPL, Tech30), Dell(DVMT) and other ...

Read More »

Google May Snap Up HTC’s Phone Business

This site may earn affiliate commissions from the links on this page. Terms of use. HTC’s phone business has been in freefall for years, despite the firm’s early leadership position in the Android market. In August, the company made just $ 100 million, its lowest monthly revenue in 13 years. Worse, the handset that was meant to boost its fortunes, the U11, may have already peaked. Now, there are rumors that Google might buy the company outright. Google has used HTC as a contract manufacturer at multiple times in the ...

Read More »

Business leaders call on Trump to protect DACA

What is DACA? The biggest names in business are urging President Trump and Congress to continue a program that protects undocumented immigrants who came to the United States as children. The CEOs of AT&T(T, Tech30), Best Buy(BBY) and Wells Fargo(CBEAX) are among the dozens of business leaders across the tech, retail and financial industries who have added their names to a letter defending the Deferred Action for Childhood Arrivals (DACA) program. FWD.us, an immigration advocacy organization, first posted the letter on Thursday with the backing of more than 300 business ...

Read More »

Apple, Bain Swoop in With Last-Minute Bid on Toshiba’s NAND Flash Business

This site may earn affiliate commissions from the links on this page. Terms of use. Toshiba is in bad shape right now. The company’s problems and nuclear construction delays have left it on the verge of bankruptcy, and the firm is looking to sell its NAND flash manufacturing unit to generate some much-needed capital. The most obvious buyer would be Western Digital, Toshiba’s partner on the joint unit, but battles between the two partners appear to have poisoned that particular well. Now, Apple and Bain Capital have offered a last-minute ...

Read More »

HTC May Spin Off or Sell Its Virtual Reality Business

This site may earn affiliate commissions from the links on this page. Terms of use. In the early days of Android, HTC carved out a significant space for itself. It brought the first 4G-capable phone to the US (the HTC Evo 4G) and back in 2011 it actually held more market share (24%) than Samsung (21%) or Apple (20%). Over the past six years, however, the company has taken a hammering. Samsung and Apple now dominate the US market with Apple holding a 44.6% market share and Samsung at 28%. ...

Read More »

HTC May Spin Off or Sell Its Virtual Reality Business

This site may earn affiliate commissions from the links on this page. Terms of use. In the early days of Android, HTC carved out a significant space for itself. It brought the first 4G-capable phone to the US (the HTC Evo 4G) and back in 2011 it actually held more market share (24%) than Samsung (21%) or Apple (20%). Over the past six years, however, the company has taken a hammering. Samsung and Apple now dominate the US market with Apple holding a 44.6% market share and Samsung at 28%. ...

Read More »

Palm Beach chamber leader to charities: Rethink your business with Trump

Trump dissolves business councils A leader of the Palm Beach Chamber of Commerce, of which President Trump’s Florida resort Mar-a-Lago is a member, wants all charities to do a moral gut check before doing business at the club. “Look at your mission statement, and [evaluate] if you still defend Trump…see if this is really the direction you want to go,” said Laurel Baker, who’s been on the executive committee of the chamber of commerce for 17 years. Her remarks come as the social calendar at Trump’s Mar-a-Lago resort has been ...

Read More »