Sony Loses $10 Billion After PS5 Sales Drop With Games Profit at 10-Year Low
Sony's stock dropped by $10 billion due to lower PS5 sales forecasts, while its gaming profits also fell despite strong digital sales and PS Plus subscriptions.
Technology Equipment
Nvidia Employees Call Boss Jensen Huang ‘Demanding,’ But Experts Say He Has to Be to Survive Competition
Business experts understood that Nvidia CEO Jensen Huang’s immigrant background made him the successful but "cutthroat" boss that he is.
Avealto's Groundbreaking Approach to Bring Telecoms to Underserved Areas
Led by CEO and founder Walt Anderson, Avealto aims to close the digital divide created by expensive satellites and bring telecom services to areas that may have completely lacked them in the past...
Microsoft Launches New Offline AI Service for US Spies
Microsoft created an offline generative AI model for US intelligence that uses GPT-4 securely...
EA Admits Spending Cuts Plan After Failing to Reach Annual Bookings Target
Electronic Arts (EA) revealed that their full-year bookings were forecasted to be between $7.3 billion and $7.7 billion, which is below Wall Street estimates of $7.76 billion...
Boeing Scrubs Starliner Launch, Complicating Company’s Passenger Jet Woes
Boeing scrubbed its attempt to launch its Starliner capsule named ‘Cal...
Boeing Starliner Set to Launch Astronauts in Space After Years of Delays
After years of delays and stumbles, Boeing is finally ready to fly hum...
Latest News
Iran Central Bank Subsidiary Allegedly Supplies American Technology to Hezbollah; US Announces Sanctions
The Iran Central Bank's subsidiary is now facing sanctions as it's allegedly supplying American technology to Hezbollah.
Joe Biden Is Cutting 18% of Pentagon's F-35 Jet Order in 2025 Budget Request: Report
President Joe Biden reportedly wants to cut the number of F-35 jets the Pentagon will buy next year.
Elon Musk's Rocket Company SpaceX Changes Location of Incorporation From Delaware to Texas
Elon Musk's rocket company, SpaceX, has changed the location of its business incorporation from Delaware to Texas.
Nvidia Becomes Third-Largest US Company After Beating Google's Alphabet in Market Cap
Nvidia surpassed Google's parent company, Alphabet, in market capitalization, securing its position as the third-largest company in the US.
Microsoft Creates the 'World's First Floating Xbox Controller' to Celebrate 'Dune: Part Two'
Microsoft has created the "world's first floating Xbox controller" in celebration of the release of "Dune: Part Two" on March 1, alongside a special edition Xbox Series S console.
Elon Musk's X Sued by Its San Francisco HQ Landlord for $13.6 Million, While SpaceX Fined After a Worker Accident
Elon Musk's X, formerly known as Twitter, is facing a lawsuit from the landlord of its San Francisco headquarters who seeks $13.6 million to refill a line of credit after the company allegedly failed
Elon Musk's Brain Implant Startup Neuralink Changes Location of Incorporation From Delaware to Nevada
Elon Musk's brain implant company, Neuralink, has changed the location of its business incorporation from Delaware to Nevada.
Biden Administration Unveils $11 Billion Semiconductor R&D Initiative to Create More Jobs for Americans
The Biden administration has announced an $11 billion investment in semiconductor-related research and development and a $5 billion fund to launch the National Semiconductor Technology Center.
Elon Musk's SpaceX Facing California Investigation Over Discrimination, Sexual Harassment Against Female Workers
Elon Musk's SpaceX is under scrutiny by a California civil rights agency following allegations of unaddressed bias and sexual harassment against female employees.
