Consumer Electronics

Fewer Americans to buy tech products this Black Friday -survey

A survey by the Consumer Electronics Association said only 31% of shoppers that were surveyed has plans to buy consumer-electronics products this coming Black Friday. CEA said technology gadgets are the second-most coveted items after clothing during the said shopping period.


Toshiba to takeover OCZ in bankruptcy sale

Japanese chipmaker Toshiba offered to acquire solid-state hard drive maker OCZ Technology Group Inc. in a planned bankruptcy proceeding. The California-based company will immediately file for bankruptcy and liquidate if the deal with Toshiba falls apart.

Japan's Panasonic to sell three chip plants to Israel's TowerJazz -sources

Troubled electronics giant Panasonic will sell three of its chip factories in Japan to Israel's TowerJazz by March 2014, according to sources with direct knowledge of the situation.

VC sentiment in Silicon Valley hit the highest level since the 2008 recession - report

Valuation results in 3Q13 showed a noticeable increase over 2Q13, including the greatest difference between up and down rounds in over six years. The software industry was especially strong, not only valuation-wise, but also in the number of deals.


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The following bids, mergers, acquisitions and disposals were reported on Monday including Greece banking, Fiat, BOFA, Mechel, Saputo, RBS, Lohmann, Carlyle Group, Monte dei Paschi di Siena, Kuwait Airways, Dubai Holding, SunEdison, Blackstone, Greece National Bank, IMG Worldwide, KKR, Babcock, AMR, Orrick, BAC and Fisker Automotive.
An Apple Inc. spokeswoman has confirmed that the Cupertino-based tech giant will acquire Israel's PrimeSense Ltd. for USD350 million. The PrimeSense deal is the latest in Apple's acquisition of less well-known companies.
A survey taken by professional services company Ernst & Young has shown that India has toppled China from the top spot as the world's most attractive destination for investments.
Google Inc is looking for ways to use prescription lenses for its Google Glass design. Efforts are in place to keep them from not just becoming another niche products for nerds.
The following bids, mergers, acquisitions and disposals were reported on Friday, including Microsoft, Comcast, Green Dot, Goldman Sachs and others.
With the midnight release of the Xbox One, the console war has finally began. Sony's Playstation 4 was released last week and now consumers would be able to tell and decide which one system would rule their living rooms.
Sungy Mobile, a global provider of mobile internet products and services, has priced its initial public offering on NASDAQ at USD11.22 per American depositary shares (ADS).
The following bids, mergers, acquisitions and disposals were reported on Thursday including Omnicom, General Motors, Deutsche Telekom, Devon Energy and others
New York-based all-digital media firm Ziff Davis, the publishing arm of Hollywood-based internet services company J2 Global Inc, bought consumer electronics deal aggregating site TechBargains.com for an undisclosed amount.
China has accounted for as much as 80% of global growth in metal demand in recent years, driven by its extensive investments in infrastructure and real estate projects.
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