Tim Kelly

PayPal's $2.7 billion Japan deal heats up buy now, pay later race

Sep 08 2021

U.S. payments giant PayPal Holdings Inc said it would acquire Japanese buy now, pay later (BNPL) firm Paidy in a $2.7 billion largely cash deal, taking another step to claim the top spot in an industry experiencing a pandemic-led boom.

Deutsche Telekom lifts T-Mobile U.S. stake in SoftBank swap deal

Sep 07 2021

BERLIN/TOKYO Deutsche Telekom has struck a $7 billion share-swap deal with SoftBank Group to increase its stake in U.S. unit T-Mobile and sold its Dutch unit in a major shake-up that strengthens the German group's transatlantic focus. | Video

Toyota to spend $13.5 billion to develop electric vehicle battery tech by 2030

Sep 07 2021

TOKYO Toyota Motor Corp said on Tuesday it expected to spend more than $13.5 billion by 2030 to develop batteries and its battery supply system, in a bid to take a lead in the key automotive technology over the next decade.

Explainer: How will solid-state batteries make electric vehicles better?

Sep 07 2021

TOKYO/SINGAPORE Solid-state batteries could be game changer for electric vehicles (EVs) by storing more energy, charging faster and offering greater safety than liquid lithium-ion batteries, helping accelerate the shift away from fossil fuel-powered cars.

Britain shows off Queen Elizabeth aircraft carrier to anxious Japan

Sep 06 2021

TOKYO Britain showed off its HMS Queen Elizabeth aircraft carrier to Japan's defence chief on Monday at a naval base near Tokyo, marking the start of a permanent military presence in a region trying to come to grips with China's growing power.

Exclusive-Tokyo ready to back Western Digital-Kioxia deal if key tech stays in Japan - sources

Sep 03 2021

TOKYO Japan's trade ministry is ready to back Western Digital's bid to merge with memory chipmaker Kioxia provided control of cutting edge technology stays in Japan, two sources with knowledge of the industry regulator's internal discussions said.

〔焦点〕キオクシア・WD合併、経産省に容認論 「経営の自主性」条件

Sep 03 2021

[東京 3日 ロイター] - キオクシアホールディングスが新規株式公開(IPO)とともに検討するもう1つの選択肢、米ウエスタンデジタル(WD)との合併について、協議の行方を左右する経済産業省からは容認論が出ている。経済安全保障上重要な半導体産業を国内に残すには、規模を大きくすることが不可欠と考えているためだ。しかし、合併しても「経営の自主性」は譲れないとの指摘もあり、本社や開発、生産機能を日本にとどめることができるどうかが条件になるという。 <「キオクシア単独では限界」>

Apple offers small concession in easing App Store rules for Netflix, others

Sep 02 2021

SAN FRANCISCO/TOKYO Apple Inc further loosened App Store rules on Wednesday, allowing some content companies like Netflix Inc to provide links to their websites so customers can sign up for paid accounts.

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