Toshiba facing bankruptcy, total disintegration thanks to bad bets on nuclear power

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Toshiba went into meltdown today, announcing a $3.4 billion loss, a write-down of $6.2 billion, and the collapse of its nuclear construction business. The firm, which employs more than 200,000 people worldwide, is facing bankruptcy.

The post Toshiba facing bankruptcy, total disintegration thanks to bad bets on nuclear power appeared first on ExtremeTech.

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