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This comes after shareholders voted down a management-backed restructuring plan last month.

Previously it had aimed to break up into three companies - one for energy and infrastructure, one for devices and one for flash memory chips.

The Straits Times Published6 hours ago https://str.sg/JvcJ They can read the article in full after signing up for a free account. Share link: Or share via: Sign up or log in to read this article in full Sign up All done! This article is now fully available for you Read now Get unlimited access to all stories at $0.99/month for the first 3 months. Get unlimited access to all stories at $0.99/month for the first 3 months. including the ST News Tablet worth $398. Let's go! Spin the wheel for ST Read and Win now. Let's go! WASHINGTON • A unit of Japan's Toshiba said yesterday that it had been h...

Toshiba unit hacked in Europe, conglomerate to undergo strategic review By Makiko Yamazaki and Benoit Van Overstraeten Reuters TOKYO/PARIS (Reuters) -A unit of Toshiba Corp was hit by a ransomware attack, overshadowing an announcement of a strategic review for the conglomerate and an upbeat profit forecast. Toshiba Tec Corp, which makes point-of-sale systems and copiers, said had been hacked by DarkSide, the group the U.S. FBI has blamed for the Colonial Pipeline attack, its French subsidiary said. It said only a minimal amount of work data had been lost. Reuters could not access DarkSide's p...

5 Min Read TOKYO/PARIS (Reuters) -A Toshiba Corp unit said it was hacked by the DarkSide ransomware group, overshadowing an announcement of a strategic review for the Japanese conglomerate under pressure from activist shareholders to seek out suitors. Toshiba Tec Corp, which makes products such as bar code printers and is valued at $2.3 billion, was hacked by DarkSide - the group widely believed to be behind the recent Colonial Pipeline attack, its French subsidiary said. It added, however, that only a minimal amount of work data had been lost. “There are around 30 groups within DarkSide th...