Around the web
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Tesla's offer represented about half of SolarCity's value a year ago, a tumble reflecting the solar company's slowing growth, complex financial structure and the increased scrutiny of government incentives for rooftop solar.
Reuters
Japan's cabinet has approved an economic stimulus package worth more than JPY28 trillion (US$275bn).
BBC News
Shares of GCS Holding came under pressure Tuesday morning after a planned acquisition of GCS by China-based LED chipmaker Sanan Optoelectronics fell through, dealers said.
Focus Taiwan news channel
Global ride-hailing giant Uber Technologies has given up its costly battle for China's riders, swapping its local operations there for a minority stake in the country's homegrown champion, Didi Chuxing Technology Co.
Wall Street Journal
Chinese investors led by Shanghai Giant Network Technology Co. agreed to buy Caesars Entertainment's online casino-style games unit Playtika for US$4.4 billion, in a bet on the rising popularity of mobile play.
Bloomberg
Apple was awarded a patent in May for several new methods for using biometric technology. Most importantly, the patent enabled Apple to embed the Touch ID fingerprint sensor directly into the screen and use ultrasound imaging to help the fingerprint sensor find a match.
Fortune
Murata Manufacturing and Sony have entered into a non-binding memorandum of understanding that confirms their intent to negotiate the transfer of the Sony Group's battery business to the Murata Group.
Company release
STMicroelectronics has acquired ams' assets related to NFC and RFID reader business.
Company release
The US market isn't the only reason to buy Vizio, but it's a big one.
PC Magazine
The milestones for Facebook and Amazon are symbolic of the rise of tech companies, whose pace of growth is much faster than the old-school brands Berkshire owns such as the railroad company Burlington Northern Santa Fe, ice cream outlet Dairy Queen, battery maker Duracell, or insurer Geico.
CNNMoney
Sources are claiming that Qualcomm will choose Samsung as its exclusive fab for the Snapdragon 830.
WCCF Tech
We note that Intel has been building new capacity at Dalian - it could be cheaper for Intel to buy NAND capacity from Micron than to invest in expanding new capacity at Dalian.
Barron's
When Oracle announced on Thursday morning that it plans to acquire NetSuite for US$9.3 billion, the deal reunited NetSuite CEO Zach Nelson with his old boss and early investor, Oracle chairman Larry Ellison.
Forbes
Microsoft plans to lay off 2,850 employees, adding to previously announced job cuts as it retools its sales operations and dismantles its mobile phone hardware business.
The Wall Street Journal
On Thursday, Amazon reported net income of $857 million in its most recent quarter, the second quarter in a row in which it has shown a record profit.
The New York Times
Embattled chip vendor Marvell Technology reported a loss on declining sales for its fiscal second quarter in a belatedly filed financial report made Wednesday (July 27).
EE Times
ARM Holdings said second-quarter revenue rose to $387.6 million, an increase of 9% from the same period in 2015, while profit climbed 17% to 90 million pounds ($118 million).
Marketwatch.com (Dow Jones)
LG Innotek said July 28 that it would invest US$230 million by 2018 to build a camera module factory in Haiphong, the third largest city of Vietnam.
The Korea Herald
Shares surged on Thursday after the Japanese electronics manufacturer reported better than expected first quarter profits - albeit it a reading which showed a 70 per cent slide year-on-year.
The Financial Times
Acer is getting ready to release an new Chromebook, Acer CB5-312T with MediaTek MT8173 inside.
Chrome Story
South Korean tech giant Samsung Electronics said on Thursday it expects solid earnings to continue in the second half of 2016, with stronger components demand likely offsetting heightened margin pressures for smartphones.
Reuters India
Tsinghua Unigroup Chairman Zhao Weiguo will be president of a new holding company for XMC called Yangtze River Storage Technology Co., people familiar with the matter said. Tsinghua Unigroup will own more than 50% of Yangtze River Storage, with other stakes held by the national chip fund and a fund backed by the Wuhan city government, they said.
Wall Street Journal
IBM has announced that, in collaboration with foundry-giant Samsung, it is using a spin-transfer torque (STT) design on its MRAM.
EE Times
An acquirer from China or Intel Corp., which has a joint venture with Micron, would be the most likely buyers, analysts said.
Bloomberg
At Computex last month, Asustek showed Transformer 3, which resembles Microsoft's Surface Pro tablet and runs on Kaby Lake.
PC World
The Wi-Fi Alliance industry group is now certifying products that can deliver multi-gigabit speeds and improve coverage in dense networks by delivering data to multiple devices simultaneously.
Ars Technica
The deal includes Yahoo real estate assets, while some intellectual property is to be sold separately.
Bloomberg
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