Toyota recalls 6.8M vehicles over power window switch defect
Toyota recalls 6.5 million vehicles worldwide for a defective power window switch that can overheat and cause fires. One U.S. injury is reported. 11 switch or door-burn incidents were recorded, with 2.7 million affected in North America and 2 million in the United States across 10 models from 2006 to 2011. Debris or moisture may cause a short circuit. dealers will replace the circuit board or apply heat resistant grease. The recall follows a history of Toyota recalls and regulatory scrutiny.
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ESPN to cut about 300 ESPN jobs in restructuring
ESPN President John Skipper announced across the board job cuts totaling about 300 positions, roughly 4 percent of the global staff, as part of organizational changes to invest in technology and align with future opportunities. No on air talent losses.
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Western Digital to Acquire SanDisk in About 19 Billion Deal
Western Digital agrees to buy flash-memory maker SanDisk for roughly 19 billion in cash and stock. SanDisk is valued at 86.50 per share with a 15 percent premium, SanDisk CEO Sanjay Mehrotra to join WD board, and the combined firm will be headquartered in Irvine California led by WD chief Steve Milligan.
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EU Fines Eight Drive Makers For Procurement Cartel
The European Commission fined eight optical disc drive makers a total of 132 million dollars for colluding to supply Dell and HP. Hitachi LG Data Storage Technology faced the largest fine at 84.3 million, with reductions for cooperation. Philips Lite-On Sony Optiarc Toshiba Samsung Storage Tech and Quanta Storage were among the others penalized. The companies met in parking lots and theaters to discuss tender details, knowing the activity was illegal.
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Sale task summary from provided text
The readable fragment mentions a sale task and is attributed to the Associated Press. It lacks clear names, dates, or locations, but indicates a procurement or disposition action requiring reporting. Further readable details are insufficient to identify participants or specifics.
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