Toshiba, one of the biggest Windows OEMs in the world, is in crisis at the moment. The company admitted last week that it had falsely reported a total of $1.2 billion in profits over the last several years. As a result, the company's president Hisao Tanaka has resigned, along with its Vice Chairman Norio Sasaki and adviser Atsutoshi Nishida.
An independent audit of Toshiba's books discovered the false earnings. Bloomberg reports:
The company says it is considering selling off some of its assets in order to raise the money needed to stay afloat. Toshiba just launched its newest Satellite-branded laptops and hybrids for the back-to-school sales season, which will include a dedicated key to activate the Cortana digital assistant for Windows 10.
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