Toshiba

The Japanese tech conglomerate Toshiba announced that its European operations suffered a ransomware cyber attack, Reuters reported. The French headquarter of the company was worst hit. Toshiba elaborated that the DarkSide, the hacking group blamed for crippling a major US pipeline company, had targeted it in a ransomware attack during the night of 4 May.

TOKYO (Reuters) - Japan began on Wednesday to clean up after a powerful typhoon killed 11 people, injured hundreds and stranded thousands at a flooded airport, though when the airport in an industrial and tourist hub might reopen was not clear.

U.S. tech titans Apple and Dell have joined a bid to buy Toshiba's memory chip business, a deal seen as key to the survival of the cash-stripped Japanese industrial conglomerate, the US investor leading the consortium has said.

At a train station used by hundreds of workers at struggling Japanese electronics giant Toshiba, an advert is apparently trying to poach staff worried by their employer's precarious financial position.

Toxic waste produced by one of the world’s worst nuclear disasters will be dumped into the sea, according to the head of the Japanese company tasked with cleaning up the radioactive mess, despite protests from local fishermen.

South Korean technology firm Samsung Electronics plans to invest $18.6 billion in its memory chip and display plants in South Korea as it seeks to widen its global lead in the sector.

Turkish appliance giant Arçelik aims to grow Asian sales to $1.5 billion within five years, CEO Hakan Bulgurlu told The Nikkei in a recent interview on May 30, noting how the global economy's center of gravity is moving eastward.

Toshiba, which sold the first Japan-made color television in 1960, now appears to want to sell its TV business.

Some foreign buyers are said to be showing interest in taking over the unit, according to people familiar with the matter.

Potential bidders include Turkish home-appliance maker Vestel and a few Chinese rivals.

Toshiba's loss-hit U.S. nuclear unit Westinghouse Electric Company has filed for bankruptcy protection, the companies said on March 29, as the troubled division wrestles with huge losses and accounting fraud claims.

Crisis-hit Toshiba warned on Dec. 21 it would book a record $4.5 billion annual loss and slash thousands of jobs, as the vast firm's shares plunged in Tokyo.

The moves are part of a restructuring announced in the wake of an embarrassing accounting scandal that rocked one of Japan's best-known firms.