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SK hynix is now Kioxia's biggest shareholder, but taking control won't be easy

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Looking ahead: SK hynix has become the biggest shareholder in Kioxia through an investment vehicle, but that does not mean it can take control of the Japanese flash-memory maker. Any effort to convert that position into voting power would face Japanese government review, potential antitrust scrutiny, and limits set in the original investment agreement.

Kioxia said that BCPE Pangea Cayman2, known as SPC2, owned 14.19% of its shares as of July 31. Toshiba's stake fell to 14.12% after it sold shares in the market last month, putting SPC2 in the top position.

But the ownershipchange does not give SK hynix a clear path to influence Kioxia's management. SPC2 holds convertible bonds that can be exchanged for Kioxia common shares. The terms allow conversion at any time, which could make SK hynix Kioxia's...

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Honor Announces a Surprisingly Capable Gimbal-Equipped 'Robot Phone'

On Wednesday, Chinese smartphone brand Honor announced the Honor Robot Phone, which features a built-in motorized camera. The camera rotates, tilts, and stabilizes video footage regardless of the handset's orientation, mimicking a gimbal. The phone's primary rear camera uses a 200MP sensor with an f/1.

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Less than a year on, Microsoft tells Mico to pipe down

AI AND ML Copilot's gurning blob is leaving Voice for a new career in education Microsoft has yanked Mico from the Copilot spotlight less than a year after unveiling the anthropomorphic assistant intended to make its AI a little less soulless. As part of Microsoft's announcement

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Flock CEO says 'we're not Big Brother' in the face of surveillance allegations — as 3D printing enthusiasts share 'Flock Sock' camera cover to help protestors

* Flock is making it harder for its systems to be abused * Its CEO says the company's priority is public safety * You can now 3D print a Flock Sock to disable cameras near you Flock knows that its license plate readers and other surveillance tech are facing a substantial

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Google’s Pixel Phones Are Getting a Tap-to-Share Feature for Contact Info and More

If you have an Android device and FOMO around Apple’s AirDrop, the wait for a similar feature that lets you physically tap phones together to send files and contact cards is over. Google’s Quick Share now has a tap-to-share feature that lets you do the same motion to

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Honor Announces a Surprisingly Capable Gimbal-Equipped 'Robot Phone'

Less than a year on, Microsoft tells Mico to pipe down

Flock CEO says 'we're not Big Brother' in the face of surveillance allegations &mdash; as 3D printing enthusiasts share 'Flock Sock' camera cover to help protestors

Google’s Pixel Phones Are Getting a Tap-to-Share Feature for Contact Info and More

Flock CEO says 'we're not Big Brother' in the face of surveillance allegations — as 3D printing enthusiasts share 'Flock Sock' camera cover to help protestors