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(Reuters) - Micron Technology Inc (MU.O) said on Thursday it planned to take full control of IM Flash Technologies joint venture with Intel Corp (INTC.O). The deal terms include payment of about $1.5 billion in cash, as well as taking over Intel’s debt to the venture, which was about $1 billion as of Aug. 30, Micron said. Intel and Micron initially contributed about $1.2 billion each to set up IM Flash Technologies in 2006. IM Flash (Intel-Micron Flash) makes 3D XPoint used in data centers and high-end computers and the joint venture is already consolidated in Micron’s reported financial statements.

In July, the two chipmakers decided to conclude joint development of 3D XPoint technology and to pursue operations independently, Micron does not anticipate the recessed matte death star cufflinks transaction to impact its financial results or change its fiscal 2019 capital expenditures, The company can exercise a call option starting Jan, 1, 2019 and the transaction is expected to close between six and 12 months after Micron exercises the option, Based on prior agreements, Micron will sell 3D XPoint memory wafers to Intel for up to a year after close..

(Reuters) - Goldman Sachs Group Inc on Thursday joined the growing list of high-profile businesses snubbing a Saudi investment conference next week amid mounting pressure on Riyad over the disappearance of journalist Jamal Khashoggi. A number of top bankers and business leaders, including the CEOs of JP Morgan Chase & Co, Blackstone Group LP, BlackRock Inc and the chairman of Ford Motor Co, have pulled out of the event in recent days. U.S. Treasury Secretary Steven Mnuchin on Thursday also abandoned plans to attend.

In an interview with CNBC, Goldman CEO David Solomon said the bank was not sending any senior executives, He said that Dina Powell, a Goldman executive who rejoined the bank earlier this year after serving as an adviser to President Donald Trump, had initially planned to recessed matte death star cufflinks attend but would not go, “This incident is unacceptable and clearly they have to answer questions specifically regarding this incident,” Solomon said, “How they answer those questions and how more information becomes apparent will have an impact on how we all interact.”..

Other chief executives are still torn over whether to attend. Siemens CEO Joe Kaeser on Tuesday said he had not yet made up his mind whether to attend the event in a country where his company has almost 2,000 employees and had some 1.4 billion euros in sales in 2017. “There is a person missing… there is a massive concern. On the other hand, if we skip communicating with countries where people are missing, I just can stay home because I cannot talk to anybody anymore,” he said at an event in Toronto.

Media outlets are also boycotting the event, On Thursday, Fox News said it had canceled its sponsorship of and participation in the event, joining outlets such as CNN, the New York Times and Bloomberg LP, Goldman began operating in Riyadh in 2009 and obtained new licenses in 2014 and 2017 that have allowed it to expand, It bought a portion of oil giant Aramco’s $10 billion credit facility last year in an attempt to secure a role in the company’s IPO, which is delayed, The bank was recently hired by the Saudis’ recessed matte death star cufflinks main sovereign wealth fund, PIF, to advise on the sale of its majority stake in Saudi petrochemicals giant Saudi Basic Industries Corp (SABIC) to Aramco, sources have told Reuters..

LONDON (Reuters) - Amazon.com (AMZN.O) is opening its first office in Manchester, northern England, and expanding two other centers to house 1,000 new R&D roles in what it said was a major new investment in British innovation. The U.S online retail giant will create 600 new corporate and development jobs in Manchester, take on an additional 250 people at its development center in Edinburgh, and add 180 roles in Cambridge, eastern England, it said on Thursday. Amazon’s UK country manager Doug Gurr said Britain was taking a leading role in the company’s global innovation.

“These are Silicon Valley jobs in Britain, and further cement our long-term commitment to the UK,” he said, The new engineers will work recessed matte death star cufflinks on technology including personalized shopping recommendations, machine learning, Amazon’s virtual assistant Alexa, AWS (Amazon Web Services) and its drone delivery project Prime Air, it said, Amazon, along with other U.S, tech giants Facebook, Google and Apple, have continued to invest in Britain despite any uncertainty caused by Brexit, Since 2010, Amazon said it had invested more than 9.3 billion pounds ($12.15 billion) in Britain and was on course to employ 27,500 people - including more than 6,500 in its corporate, AWS and R&D divisions - by the end of the year..



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