Friday, November 12, 2021

Under shareholder pressure, Toshiba says it will split into three companies, focusing on infrastructure, tech devices, and memory chips (Takashi Mochizuki/Bloomberg)

Takashi Mochizuki / Bloomberg:
Under shareholder pressure, Toshiba says it will split into three companies, focusing on infrastructure, tech devices, and memory chips  —  - Plans 100 billion yen for shareholder returns over two years  — Company has endured years of scandals and controversy



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Australia's Senate votes to pass a social media ban for children under 16, brushing aside lawmaker concerns on both sides; tech companies could be fined A$50M (Ben Westcott/Bloomberg)

Ben Westcott / Bloomberg : Australia's Senate votes to pass a social media ban for children under 16, brushing aside lawmaker concern...