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Technology / AI and automation

RECRUIT DRAWS NTT DEEP INTO ITS NET

The Recruit-Cosmos Co scandal, in which many prominent Japanese politicians and industrialists were given the chance to buy shares in the property offshoot of the Recruit Co employment agency and computer personnel and services company at rock-bottom prices shortly before the company went public and left them with enormous profits, has now drawn Nippon Telegraph & Telephone Corp deep into its net: latest allegation is that NTT sold Recruit two Cray Research Inc supercomputers at distress prices, and that the computer leasing official in charge of the deal at NTT was another beneficiary of the artificially cheap Cosmos shares.

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CBR Staff Writer

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