
TOKYO -- Toshiba, the Japanese conglomerate that two years ago was pressured by activist investors to restructure its operations in one of the country's most controversial corporate sagas, may soon join the ranks of hedge funds by becoming one itself.
The Japanese industrial major, which is known for its high-technology research, is obtaining a license to operate a hedge fund after it developed an ultrahigh speed machine that employs quantum computing and a proprietary algorithm to seek out arbitrage opportunities in foreign exchange trading.