All the tech products we use are going to get “thinner and lighter,” Toshiba Americas President Mark Simons told Cheddar.
In tandem with that, Simons predicts that the “convertible [will] really take over and possibly even outpace the traditional clamshell product.” He says we’ll also see major shifts in the tech we wear.
All those trends will “really start to change our work life.”
Toshiba was once a prominent market leader. But in recent years, the Japanese electronics conglomerate has been losing a lot of ground to competition.
Amid problems with its U.S. nuclear business, the company had to sell off its flagship chipmaking arm. It’s also shifted away from making consumer electronics, focusing on enterprise products instead.
Simons told Cheddar that Toshiba will soon announce products that will “empower those workers who haven’t had technology in the past,” though he didn’t give away any further details on those plans.
For the full interview, [click here](https://cheddar.com/videos/toshiba-shifts-focus).
Macy’s is rejecting a $5.8 billion takeover offer from investment firms Arkhouse Management and Brigade Capital Management, saying they didn’t provide a viable financing plan. The firms offered $21 per share for the stock they don’t already own.
Sports Illustrated's employee union said in a statement that the layoffs would be a significant number and possibly all, of the NewsGuild workers represented.
CEO and founder of Pinstripes Dale Schwartz shares his thoughts on taking the company public, why they're set for growth this year, and why he's not concerned about inflation weighing on the restaurant sector.
With hype continuing to build for A.I. projects, expert insight on what companies seem poised to benefit, plus how it will impact the lives of everyday consumers.
Ford says it’s reducing production of the F-150 Lightning electric pickup vehicle as it adjusts to weaker-than-expected electric vehicle sales growth. The automaker said about 1,400 workers will be impacted by the move.
Walmart Inc. is raising the starting base pay for store managers, while redesigning its bonus plan that will put more of an emphasis on profits for these leaders.