Toshiba believes that going private may help give the company renewed focus to tackle all of its teeming problems. Japanese multinational electronics company Toshiba Corporation is set to go private after a successful acquisition by a group of buyers led by Japan Industrial Partners. The deal, worth ¥2 trillion ($13.5 billion) will reverse Toshiba’s status as a publicly-listed company. Toshiba has officially announced that the JIP-led group now holds 78.65% of the company’s outstanding...
Read More »Toshiba Claims Its New Algorithm Is Faster Than Any Supercomputer Ever Made
Japanese multinational conglomerate Toshiba Corp. claims that it currently has a new algorithm that makes computing faster than available options. According to the company, the technology is much faster than any supercomputer anywhere.The Toshiba AlgorithmToshiba says that the new technology is not a quantum computer. However, it was specifically created to operate with the underlying methods a quantum computer employs. Quantum computers, however, have a setback – there aren’t a lot of...
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