Toshiba said its CEO Hisao Tanaka will step down today after an independent investigation found he had been aware
the company had been inflating its profits over a number of years.
Sony CEO Kazuo Hirai targeted an operating profit of at least 500 billion yen ($4.20 billion) for 2017/18. He also did not rule out an exit from smartphones and TVs.
Sony also forecast a preliminary full-year net loss of 170 billion yen,
narrower than its October forecast for a net loss of 230 billion yen for
the year.
Sony Pictures Entertainment's recent box office hits include "The
Amazing Spider-Man", while its popular television production titles
include "Breaking Bad".
The Canada-based bitcoin bank said it was closing down after
losing bitcoins worth about $600,000 to a hacker attack enabled by flaws
in its software code.
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