LONDON/TOKYO (Reuters) – Japan’s Toshiba Corp. has agreed to buy Westinghouse, the U.S. power plant arm of British Nuclear Fuels, for $5.4 billion to bolster its position in the world’s resurgent nuclear power industry.
Happy Monday. Quickly putting the Superbowl fiasco behind us (sigh), we concentrate this morning on news that Toshiba will apparently be powering their laptops and notebook computers with nuclear power from now on.
This is a great idea on the surface, considering that you would never have to recharege your Windows laptop again. On the other hand, lugging around a 500 pound notebook would likely require a hand truck or fork lift at least.
I guess there are always tradeoffs, huh?
Actually, this move points up something about a nuclear power plant resurgence in the world.
If American had stayed the course after Three Mile Island, instead of abandoning nuclear power, we would not be dependent on foreign oil today (we would all just glow in the dark, right?)
The new pocket reactors, using mostly low tech methods with computer control seem to be the wave of the future, if America would get on board again.
As for American companies being bought by foreign companies, gee whiz, there aren’t too many of them left to buy, are there? Westinghouse hasn’t been home owned in a long time anyway. Who is next?
Anyone want to buy Microsoft?
Regards,
Roger Born
“Well, if crime fighters fight crime and fire fighters fight fire, what do freedom fighters fight? They never mention that part to us, do they?” -George Carlin
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