Toshiba

Toshiba2 posts
21 Jul, 2015

Resigns

CEO Tanaka leaves the company over an 152 billion yen accounting disparity brought to light by an investigative report. The inflation of profits to meet targets was carried out not only on one or two projects, but across the board, sometimes because the projects weren’t even breaking even. At a press conference Tanka bows for nearly half a minute in a gesture meant to convey deep shame and contrition. Tanaka’s predecessors, Norio Sasaki, now a vice chairman, and Atsutoshi Nishida, an advisor, also give up their posts. Tanaka will be replaced by Masashi Muromachi, chairman of the board. Tanaka:

We have a serious responsibility. [The company will need to ] build a new structure [to reform itself]

Toshiba scandal: Why did the boss resign? BBC News

14 Jul, 2014

Microsoft vs Chromebook

61rbL82H0qL._SL1500_Microsoft announces that three laptops at a sub-$250 price point are in production. The $249 Toshiba 11.6″ has a 32 GB SSD and weighs 2.2 lbs, and the $249.99 Acer Aspire ES1 has 500 GB of onboard storage and 4 GB of RAM.  No specifications are released for the HP Stream, but it will cost $199 with a smaller mini laptop version at $99. Microsoft COO Kevin Turner makes it clear that these devices are meant to compete with the Chromebook:

We’ve got a great value proposition against Chromebooks, we are not ceding the market to anyone.

Do you love news? Help us add and summarize the world's news. Find out more