Little AI things for life adjustments
A portable breathalyzer that offers drinking advice, an app that will sort out all your photos, and a hearing aid that can translate 27 languages — all with a little help of AI.
U.S. and China harden their stands on Huawei as tech war intensifies
The United States and China hardened their stances over Huawei Thursday as Washington brushed aside claims of "bullying" and accused the Chinese tech giant of misrepresenting its ties to the Beijing government. The world's top two economies stepped up their rhetoric following President Donald Trump's ...
Toshiba net profit up 26% in fiscal 2018 after selling chip unit
Toshiba Corp. said Monday its group net profit in the year ended March rose 26 percent to a record ¥1.01 trillion after selling its prized chip unit in June. The technology conglomerate's bottom line was boosted by the ¥2 trillion ($18 billion) sale of Toshiba ...
China's ENN Ecological pulls out of plan to buy Toshiba's LNG business in U.S.
Chinese chemicals maker ENN Ecological Holdings Co. is scrapping a plan to buy Toshiba Corp.'s liquefied natural gas operations in the United States, the Japanese firm has said. The Chinese company notified Toshiba of its decision, citing "considerable uncertainty" partly caused by the delayed completion ...
Toshiba Memory to draw ¥1.3 trillion in bank loans before going public
Toshiba Memory Holdings Corp. is set to draw a total of ¥1.3 trillion ($11.7 billion) in loans from four Japanese banks, sources familiar with the situation said late on Wednesday. With the additional funds, the former chip unit of Toshiba Corp. will step up preparations ...
Toshiba's Indian arm breaks ground on major Manila sewage treatment facility
Toshiba Infrastructure Systems & Solutions Corp.'s Indian arm has begun building one of the largest sewage treatment facilities in the Manila area in partnership with two local contractors. The three-party consortium has taken on the construction of a 2.1 billion peso (¥4.4 billion) plant in ...
Toshiba Corp. investor King Street Capital Management plans to nominate a slate of independent directors to replace a majority of the manufacturer's board, ratcheting up the hedge fund's first public activist campaign. Among the nominees will be Brian Higgins, co-founder of the fund, which manages ...
In aftermath of Fukushima triple meltdown, Japan's nuclear industry faces fierce headwind
This is the last in a five-part series examining how the northeast and the nation are progressing with efforts to deal with the March 2011 earthquake, tsunami and nuclear crisis. Even after the Fukushima No. 1 crisis in March 2011 forced Japan to rethink its ...
Merely making it mandatory under the law for companies to have outside directors isn't enough. They have to be allowed to improve their company's governance.
Aided by Japan's DBJ, Toshiba Memory plans to go public from September, sources say
Toshiba Memory Corp. plans to go public as soon as September, aided by some ¥300 billion ($2.7 billion) in planned investment from the state-backed Development Bank of Japan (DBJ), sources close to the matter said Thursday. Toshiba Memory, a former chip unit of Toshiba Corp. ...
Toshiba cuts fiscal 2018 profit outlook on sluggish semiconductor sector
Toshiba Corp. on Wednesday sharply downgraded its group operating profit forecast for the fiscal year through March, due mainly to losses and additional costs stemming from its semiconductor manufacturing equipment and energy businesses. Toshiba now expects its group operating profit to stand at ¥20 billion ...
Tepco to deploy robot for first contact with melted fuel from Fukushima No. 1 nuclear disaster
The owner of the wrecked Fukushima No. 1 power plant is trying this week to touch melted fuel at the bottom of the plant for the first time since the disaster almost eight years ago, a tiny but key step toward retrieving the radioactive ...
