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Toshiba seeks dismissal of Western Digital injunction request over chip unit
![Toshiba seeks dismissal of Western Digital injunction request over chip unit]( "Toshiba seeks dismissal of Western Digital injunction request over chip unit")
Toshiba Corp has asked a U.S. court to dismiss a Western Digital Corp request for an injunction to prevent a sale of the Japanese firm's chip business, saying the court has no jurisdiction and that an injunction would cause irreparable harm. Western Digital, which jointly runs Toshiba's main semiconductor plant, has claimed that its partner has breached joint venture contracts as it pursues an $18 billion sale of the unit and is seeking an injunction to prevent any deal without its consent.[nL3N1JC082] In its filing with the Superior Court of California, Toshiba argued that their joint venture interests only cover a small portion of its flash memory semiconductor business and that the court has no jurisdiction as its primary place of business was Japan.
Glitch causes prices of Apple, Google, other stocks to appear off
![Glitch causes prices of Apple, Google, other stocks to appear off]( "Glitch causes prices of Apple, Google, other stocks to appear off")
By John McCrank NEW YORK (Reuters) - The prices of several big-name Nasdaq-listed stocks appeared on some websites to either spike or plummet well after the closing bell on Monday, seemingly due to a glitch related to the market data that runs the largely automated markets. At around 6:30 p.m., the prices of Amazon Inc and Microsoft Corp stocks appeared to have lost more than half their value, while Apple Inc shares appeared to more than double. Google parent Alphabet Inc and eBay Inc shares were among others that all appeared to be priced at $123.47 on some financial news websites on Monday evening.
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