Toshiba Corporation announced it will be breaking up into three independent companies by spinning off its energy and infrastructure business as well as its device and storage operations. The downsized Toshiba will continue to hold a 40.6 percent stake in Tokyo-based memory manufacturer Kioxia. The plan follows allegations of mismanagement and a five-month independent review of Toshiba that was in progress when company CEO Nobuaki Kurumatani resigned. Released Friday, the report says the former CEO behaved unethically but not illegally. Toshiba says the break-up is the best path to shareholder value. Continue reading Toshiba Plans to Split into Three Firms After Investor Pressure

California-based data technology company Western Digital is purportedly in “advanced merger talks” with Japan’s computer memory firm Kioxia Holdings, according to sources who added that a deal could be inked as soon as mid-September. Western Digital’s shares rose 8 percent in reaction to the Wednesday news and continued to rise on Thursday. Sources said Western Digital would complete the deal with stock and that its chief executive David Goeckeler would run the combined company. According to Barron’s, the deal would be valued at about $20 billion. Continue reading Western Digital and Kioxia Merger Could Impact Chip Market

Toshiba announced that it is selling its memory-chip business, a major supplier to some of the world’s top CE manufacturers, and expects to reach an agreement by the end of the month. Leading the race is a group including private-equity firm Bain Capital and tech companies such as Apple, Dell, Seagate, SK Hynix and Innovation Network Corp. of Japan. Insiders indicate the bid values Toshiba’s chip business at $19 billion. Apple and Dell aim to keep the Toshiba unit as a viable supplier, while hoping it remains competitive with flash memory-chip leader Samsung. Continue reading Toshiba Is Accepting Bids for its Profitable Memory-Chip Unit

Intel is shipping its first products based on 3D XPoint, a technology it has been developing for more than ten years to bridge the gap between conventional memory, which holds data for immediate use, and longer-term storage. The company reports that 3D XPoint is 1,000 times faster than NAND flash often used in storage drives, but only 1 percent the speed of DRAM (dynamic random-access memory) temporary memory. Intel says it can speed up tasks in fraud detection, retail recommendations and autonomous vehicles. Continue reading Intel Debuts Memory Products Based on 3D XPoint Technology

Intel just introduced the Xeon E5-2600 v4 chip family, which includes up to 22 calculating engines on each chip (up from a maximum of 18) and has built-in features to encrypt data more quickly, thus potentially improving security of cloud computing. Dell, HP and Cisco Systems will use the chips to make new servers. Intel also revealed its collaboration with CoreOS and Mirantis whose technologies are aimed to make it easier for companies to move data between different cloud services or their own data centers and the cloud. Continue reading Intel Debuts Chips, Partnerships for Next-Gen Cloud Computing

Several high-profile technology companies, most notably Hewlett-Packard, have been hard at work trying to reinvent the hard drive. But it looks like Intel will be first to market with its new Optane drives. Although a current prototype of Intel’s Optane drives only functions seven times the speed of a top-end flash disk drive, it could be much faster by the time it is released in 2016. And the potential is great: Optane drives are said to operate as much as 1,000 times faster than today’s memory technology. Continue reading Intel to Bring Superfast Optane Hard Drives to Market in 2016

Intel and Micron Technology announced that they have developed a new memory chip technology that will increase performance up to 1,000 times faster than today’s technology. If proven true, the new chip technology, named 3D XPoint, could offer tremendous new capabilities for computers, smartphones and other electronics. 3D XPoint is not as fast as DRAM (dynamic random access memory), but stores 10 times more data and also, similar to current NAND flash memory, retains data even after devices are powered off. Continue reading New Intel, Micron Chips Said to Offer Big Performance Gains

LeapFrog Enterprises plans to launch its $150 kid-friendly LeapTV game console this fall. The twist? LeapTV will debut with 100 games and videos approved by professional educators, those who ideally know what is best for children. The console will include personalization features and motion-sensing controls similar to those introduced with Nintendo’s Wii. Games will target children ages 3 to 8. At launch there will be nine cartridge titles offered, with additional titles available digitally. Continue reading LeapFrog to Launch Educator-Approved Game Console for Kids