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.
Consumer Electronics
Apple's 10% iPhone Discount Boosted China Shipments to 12% in March
A surge of approximately 12% in iPhone shipments was recorded in China for the month of March, thanks to up to 10% discounts initiated by Apple and its partners. This follows a 37% sales decline earlier in 2024 and heightened competition from Huawei.
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...
Sam Ash Closes All 42 Stores After 100 Years
Musical instrument retailer Sam Ash announced it would be closing all of its stores by July 2024 after 100 years in the business...
Microsoft Xbox Announces Closure of Four Gaming Studios Over Disappointing Sales
Microsoft's Xbox is closing four gaming subsidiaries, including Arkane Austin, due to disappointing sales, although specific job losses weren't disclosed...
Companies Now Mandated to Fix Out-of-Warranty Devices Following New EU Directive
The European Commission approves new 'right to repair' legislation, ea...
Nvidia Now Acquiring Close Partner Run:ai! Acquisition Price, Purpose, Other Details
Nvidia is acquiring Run:ai. Here's what the giant GPU manufacturer pla...
Latest News
Walmart Is Eyeing to Buy TV Maker Vizio for More Than $2 Billion: Report
Walmart is reportedly planning to acquire Vizio for $2 billion. Here's what it means for the cheap TV market.
Samsung Remains Optimistic About Digital Devices Demand Despite 2023 Chip Sales Decrease
Samsung predicted a gradual rebound in tech demand and memory chips in 2024 despite a 34% drop in 2023 fourth-quarter profitability.
Elon Musk's Brain Implant Startup Neuralink Found Violating US Hazardous Material Transport Rules: Report
Elon Musk's brain implant firm Neuralink was fined for violating US Department of Transportation (DOT) regulations on transporting hazardous materials.
Apple Users Urged to Turn on New Stolen Device Protection Feature: Here’s How to Activate It and Why It’s so Important
Apple recently introduced a new security feature called Stolen Device Protection. Here’s how to activate it.
Apple Vision Pro Sold Out After Preorders, But Demand Could Quickly Fizzle Out, Top Analyst Warns
A top Apple analyst warned that Apple Vision Pro, which immediately sold out after preorders opened Friday, could face a downturn in demand.
Scotland transportation on trains.
The Scotland Transportation is now planning to have a public sector train for the place and could happen in 2020.
Charter Communication CEO Met FCC Regarding Acquisition of Time Warner Cable
Tom Rutledge has met FCC chairman Tom Wheeler last week to talk the acquisition. As the merger has already been past its late March informal deadline for approval.
HTC Revealed Flagship Phone HTC 10 Ahead of Tuesday Launching
The Taiwanese company unveiled its new smartphone prior to launching. The smartphone is available in three colors.
Verizon to bid for Yahoo, Yahoo Japan stake
Verizon Communications Inc will bid for Yahoo's web business, while Alphabet Inc's Google unit is also exploring options on bidding for it. Additionally, Verizon may also make an offer for stake in Ya
