Brad Pitt and John Legend are high on one thing: President Barack Obama's decision to not go jail-crazy over pot users. The two are executive producers on the documentary The House I... E! Online (US) - Movie News … [Read more...]
Brad Pitt and John Legend’s Joint Praise of Obama’s Pot Stance, Miss USA Olivia Culpo Wins Miss Universe and Other Must-Read News
December 20, 2012 By Leave a Comment
Dennis Quaid Files for Divorce, Seeks Joint Custody
November 30, 2012 By Leave a Comment
The actor offers to pay alimony to his wife of eight years, Kimberly People.com Latest News … [Read more...]
Bromance Alert: Ben Affleck and Matt Damon Head to Joint Business Meeting
October 25, 2012 By Leave a Comment
If you ever have any doubts about true love in Hollywood, look no further than Ben Affleck and Matt Damon. The Boston boys' bromance has spanned more than three decades now and shows... E! Online (US) - Movie News … [Read more...]
Sony formally quits Sharp LCD joint venture, takes back every yen it invested
May 24, 2012 By Leave a Comment
After Sony cut off its supply of capital to the ill-fated Sakai production plant that it jointly owns with Sharp, it became clear that the final goodbye may be little more than a formality. And here it is, in the form of a cold, resolute press release stating that Sony is selling its seven percent stake back to Sharp and taking back the 10 billion yen ($ 126 million) it originally invested. The … [Read more...]
Sony, Toshiba, Hitachi joint venture Japan Display fires up operations
April 3, 2012 By Leave a Comment
The joint venture that is Japan Display agreed on its formalities back in November, and has now finally started operating. While Sony, Toshiba and Hitachi all have a 10 percent stake in the business, the main investment comes from the government-backed INCJ. The collaboration hopes to champion the middle- and small-sized display sector, and has around 6,200 employees, and ¥230 billion (about $ … [Read more...]
Philips transfers TV business to a joint venture with TPV Technology, TPV takes the controlling stake
April 2, 2012 By Leave a Comment
It took almost exactly a year, but Philips is finally free of its pesky, money-losing TV problem. As planned, the company transferred its television business into a joint venture with Hong Kong-based TPV Technology called TP Vision -- an arrangement that endows TPV with a controlling 70 percent stake. (Philips will still receive royalties on top of whatever it earns through this venture, and plans … [Read more...]
Sony and Sharp joint venture hits a rocky patch, Sony cuts off capital
March 28, 2012 By Leave a Comment
When Sharp sold off some of its LCD manufacturing business to Hon Hai Precision we knew the company had fallen on tough times, we just didn't realize how bad things truly were. That joint venture it formed with Sony, well, it's all but over at this point. The two companies have amended their deal with each other and Sony has decided not to inject any more capital into the project. That's not … [Read more...]
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