2017.09.22

News Headlines - 22 September 2017

South Korea's approach to North could challenge US, Japan

South Korea on Thursday approved $8 million worth of humanitarian aid for Pyongyang in a move likely to muddle international efforts aimed at isolating the nuclear-armed state... The news indicates South Korean President Moon Jae-In isn't backing down from direct engagement with North Korean leader Kim Jong Un even as other major players in the long-simmering crisis push for a tougher approach.

Puerto Rico evacuates 70,000 after dam fails in Hurricane Maria's wake | The Guardian

Officials are rushing to evacuate tens of thousands of people from their homes in western Puerto Rico after Hurricane Maria inflicted structural damage on a dam and unleashed “extremely dangerous” flash floods.
Some 70,000 residents in the municipalities of Isabela and Quebradillas were being evacuated by bus after a crack appeared in the nearly 90-year old Guajataca dam.

Dentsu chief admits failure to stop illegal overtime work:The Asahi Shimbun

The president of advertising giant Dentsu Inc. admitted in court on Sept. 22 that the company failed to prevent illegally long overtime hours that led to the suicide of a rookie employee.

Google bets anew on smartphones, pays $1.1 billion for HTC's Pixel division

Alphabet Inc’s (GOOGL.O) Google said it would pay $1.1 billion for the division at Taiwan’s HTC Corp (2498.TW) that develops the U.S. firm’s Pixel smartphones - its second major foray into phone hardware after an earlier costly failure.

Toshiba seals $18bn memory chip sale to Bain-led group

Bain Capital, Apple and other US tech groups have agreed a $18bn acquisition of Toshiba’s prized memory chip business, marking one of the biggest private equity-led buyouts since the end of the financial crisis... The acquisition of Toshiba Memory — the world’s second-largest producer of NAND flash memory chips — could yet be delayed, however, by both antitrust scrutiny and legal action by Toshiba’s joint venture partner in the chipmaking business, US group Western Digital.


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