A platform for Africa's mobile innovators

Sam Gikandi '05 SM '06 and Eston Kimani '05 have always believed in the potential of Africa's entrepreneurial community. Their years at MIT, beginning in 2001 when they left their home country of Kenya, only reinforced that ...

Toshiba net profit up on chip business sale

Struggling Japanese engineering firm Toshiba on Monday reported improved full-year net profit thanks to the sale of its chip business, but said operating profit was sharply down.

Sony logs record profits, warns of headwinds to come

Japan's Sony said Friday that robust games and entertainment divisions had pushed annual profits to a second consecutive record high but warned of a looming downturn in its bottom line.

PayPal buys payments startup iZettle for $2.2 bn

PayPal on Thursday announced a deal to buy Swedish online commerce startup iZettle for $2.2 billion, a deal that came as the young company was poised for a stock market debut.

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