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Japan Times
BUSINESS
Jun 29, 2017

U.S. set to unveil enhanced airline security steps to avoid laptop ban

U.S. Homeland Security officials on Wednesday will unveil enhanced security measures for foreign flights arriving in the United States but not an immediate expansion of an in-cabin ban on laptops and other large electronic devices because they might carry bombs, sources briefed on the matter said.
BUSINESS / Companies
Jun 28, 2017

Toshiba sues Western Digital for ¥120 billion as standoff imperils plans for chip unit sale

Toshiba Corp. filed a lawsuit against Western Digital Corp. on Wednesday seeking a court injunction to end the U.S. firms's efforts to block the sale of its chip unit.
Japan Times
BUSINESS
Jun 28, 2017

Japan's corporate chiefs face more scrutiny over cushy retirement roles

For decades, boards allowed former executives to linger on as highly paid advisers, without offering shareholders much detail about their roles. Now, there are signs that cushy retirement gigs may no longer be a sure thing.
Japan Times
BUSINESS / Tech / ANALYSIS
Jun 28, 2017

Ransomware the go-to hack for cybercriminals amid bitcoin rally, glut of stolen data

A recent outbreak of ransomware attacks, from the WannaCry worm in May to Tuesday's infection of thousands of computer systems around the globe, shows that digital stickups are becoming the go-to hack for cybercriminals, fueled by powerful leaked U.S. government exploits and the rise of bitcoin and other...
Japan Times
BUSINESS
Jun 28, 2017

Global cyberattack seen having links to WannaCry mayhem, indicating firms still not securing networks

A major global cyber attack on Tuesday disrupted computers at Russia's biggest oil company, Ukrainian banks and multinational firms with a virus similar to the ransomware that last month infected more than 300,000 computers.
Japan Times
BUSINESS / Companies
Jun 27, 2017

Shareholders express anger at Takata management

Air bags made by the firm, which filed for bankruptcy protection on Monday, have reportedly been linked to at least 17 deaths worldwide.
Japan Times
BUSINESS
Jun 27, 2017

China's message to Asia's casinos: Place your bets elsewhere

China just sent a clear message to casinos sprouting across Asia: don't peddle your baccarat here.
Japan Times
BUSINESS
Jun 26, 2017

Japanese banks vulnerable to shocks as dollar borrowing doubles: BIS

Japanese banks have more than doubled their borrowing and lending in dollars since 2007, leaving them vulnerable to funding shocks such as those that exacerbated the last financial crisis, according to the Bank for International Settlements.
BUSINESS / Companies
Jun 23, 2017

New Tepco chief reaffirms Fukushima commitment, but underscored need for plant restarts

Dealing with the aftermath of nuclear disaster at Fukushima No.1 power plant remains the most important mission for Tokyo Electric Power Company Holdings Inc., Tomoaki Kobayakawa, Tepco's new president, said Friday, but he also stressed the need to restart nuclear plants for the sake of continuing the...
Japan Times
BUSINESS
Jun 23, 2017

Goldman Sachs economist urges crackdown on unpaid overtime to boost Japan's productivity

Japan should crack down on excessive unpaid overtime in order to boost productivity, as the nation's irreversible labor shortage means companies must streamline to cope with fewer people, according to Goldman Sachs Group Inc. chief Japan economist.
Japan Times
BUSINESS / Companies
Jun 22, 2017

Record labels face lower revenues from streaming as Apple moves to renegotiate ties

Apple Inc. is seeking to reduce record labels' share of revenue from streaming as part of negotiations to revise the iPhone maker's overall relationship with the music industry, according to people familiar with the matter.
Japan Times
BUSINESS / Companies
Jun 22, 2017

Boeing bests Airbus in Paris Air Show orders for first time since 2012

Boeing Co. secured twice as much in order value at the Paris Air Show as rival Airbus SE, marking the U.S. plane maker's first victory in five years at the aviation industry's annual showcase.
BUSINESS
Jun 22, 2017

Virgin ditches Android, joins Apple's U.S. wireless carrier network

Apple Inc. will soon start selling wireless plans from Virgin Mobile USA, the first new carrier offered by the iPhone maker since 2013, the companies said on Wednesday.
Japan Times
BUSINESS
Jun 21, 2017

Toshiba selects three-way tie-up for chip unit sale, appearing to prioritize government concerns

Toshiba Corp. has chosen a consortium formed by Japanese, South Korean and U.S. investors as the preferred bidder for the sale of its flash memory business, the company said Wednesday, in a move that appears to have prioritized government concerns.
Japan Times
JAPAN
Jun 21, 2017

Junior high students rip elementary English as 'useless': survey

Around half of junior high school students have called the English skills they acquired in elementary schools “useless,” according to recent findings by education services provider Benesse Holdings Inc.
Japan Times
CULTURE / Entertainment news
Jun 21, 2017

Parenting expert sues Disney, says it stole 'Inside Out' idea

A parenting and child development specialist has sued Walt Disney Co and its Pixar unit, accusing them of stealing from her the concept for their 2015 blockbuster movie, "Inside Out."
Japan Times
JAPAN
Jun 20, 2017

Tough kindergartens finding favor with Japanese parents

A day at the Buddy Sports kindergarten in Setagaya Ward, Tokyo, starts with a morning run, with the children usually jogging about 3 km before class starts at 10 a.m.
Japan Times
BUSINESS / Companies
Jun 19, 2017

Luxury online retailer Reebonz to raise up to $150 million for East Asia expansion

Reebonz Pte, Southeast Asia's largest online luxury retailer, is planning to raise as much as $150 million (¥16.7 billion) to bolster its marketplace business and fund expansion in China, Japan and South Korea.
Japan Times
JAPAN / EXPLAINER
Jun 19, 2017

Sinister world of the dark web is just a few clicks away

The internet has long been an essential fixture of people's lives. But the candy-colored cupcake photos on Instagram and hilarious animal videos on YouTube are just the sugar-coated, cat-tastic surface of the internet.
WORLD
Jun 19, 2017

Google toughens measures to remove and restrict visibility of extremist content on YouTube

Alphabet Inc.'s Google will implement more measures to identify and remove terrorist or violent extremist content from its video sharing platform YouTube, the company said in a blog post Sunday.
Japan Times
BUSINESS
Jun 18, 2017

With eye to grabbing slice of market, China focuses on developing small nuclear reactors

China is betting on new, small-scale nuclear reactor designs that could be used in isolated regions, on ships and even aircraft as part of an ambitious plan to wrest control of the global nuclear market.
BUSINESS / Companies
Jun 17, 2017

Reddit's rumored fundraising may value startup at $1.7 billion

Reddit is one of the few relics of the mid-2000s internet that has not only survived but thrived in recent years. Now venture capitalists are giving a major boost to the link-sharing website, with funding that will give the company a valuation of about $1.7 billion, two people familiar with the matter...
Japan Times
BUSINESS / Companies
Jun 17, 2017

Japan Post's bid for Nomura unit stalls

Japan Post Holdings will likely abandon its quest to acquire Nomura Real Estate Holdings due to conflicts over price and other conditions, sources say.
Japan Times
JAPAN / Society
Jun 16, 2017

Sexual orientation remains a taboo subject in schools, leaving students in the dark

Whenever Shigeyoshi Suzuki, 39, a public elementary school teacher in Tokyo, sees children voicing anti-gay slurs or taunts, he will always put a stop to it and make them aware of the harms of such discrimination.

Longform

A sinkhole in Yashio, which emerged in January, was triggered by a ruptured, aging sewer pipe. Authorities worry that similar sections of infrastructure across the country are also at risk of corrosion.
That sinking feeling: Japan’s aging sewers are an infrastructure time bomb