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GameStop shares took a hit after Microsoft unveiled its Xbox One and it said it wouldn't play used games, or would charge a fee to do so. Paul Raines, CEO of GameStop, offers insight on the quarter and the console business.
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GameStop shares took a hit after Microsoft unveiled its Xbox One and it said it wouldn't play used games, or would charge a fee to do so. Paul Raines, CEO of GameStop, offers insight on the quarter and the console business.
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Steve Durose, Senior Director, Head of APAC TMT Ratings at Fitch Ratings, is doubtful a spin-off of Sony's entertainment business would deliver significant focus or capital to its electronics unit.
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When disaster strikes, communication can be a lifeline. That's made phone chargers a new addition to the emergency preparedness kit.
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*Sony cuts 2014-15 camera sales fcast to 1.3 trln yen from 1.5 trln. Third Point's "proposal is one that affects a core part of Sony's business and the direction of our management, so the Sony board will give it thorough consideration before replying to Mr.
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TOKYO, May 22- Japan's Sony Corp lowered its sales target for digital cameras to 1.3 trillion yen for the fiscal year to end-March 2015, from a previous estimate of 1.5 trillion yen. Sony also cut its sales target for smartphones and tablets to 1.5 trillion yen in its 2014 fiscal year from an earlier outlook of 1.8 trillion yen.
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May 22- Sony Corp is considering evaluating a proposal from top shareholder Third Point LLC to spin off part of its movie and music business, Japanese daily Nikkei reported. Sony's U.S. listed shares rose 9 percent on Tuesday on the New York Stock Exchange.
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.160x105.jpg?v=1368731367 "Spinoff Proposal Talk Sends Sony Shares Higher")
Shares of Sony moved higher Tuesday on heavy volume as reports circulated that it is considering a spinoff proposal from billionaire investor Dan Loeb.
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Watson, the IBM computing system that conquered "Jeopardy!" on television, is launching an app business called the Watson Engagement Advisor that can be used to help consumers get answers on mobile devices.
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SEOUL, May 17- Overtaking Apple Inc as the world's leading maker of smartphones has stretched Samsung Electronics Co's in-house supply lines, and the South Korean firm is now courting some of its rival's main parts suppliers.
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.160x105.jpg?v=1366815023 "Samsung Beats Google to Android Profits: Report")
Samsung has become the "undisputed king" of the Android smartphone industry, creating more profit from the software than Google, according to new research.
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Google's sixth annual conference for software developers opened Wednesday with a chance for the company to showcase the latest mobile devices running its Android software.
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MOSCOW, May 15- MegaFon has overtaken its main competitor in Russia's cut-throat mobile phone market, posting bumper earnings on Wednesday to help crown it leader by market value and put its other rival in the shade.
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ORLANDO, Fla., May 14- BlackBerry announced plans on Tuesday to offer its popular instant messaging system on rival devices and introduced a new mid-tier smartphone targeted at countries where its faded brand remains strong.
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BlackBerry, renamed from Research In Motion, had been the market leader but over the past few years has bled market share to Apple Inc's iPhone and Samsung Electronics Co's popular line of Galaxy devices powered by Google's Android operating system.
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ORLANDO, Fla., May 14- BlackBerry unveiled a new mid-tier smartphone device with a physical keyboard on Tuesday, the feature that still sets it apart from most rivals, and said its make-or-break new devices had put the company back on "solid ground."
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LONDON/ HELSINKI, May 14- Nokia unveiled a lighter, metal model in its Lumia smartphone range, as it tries to catch the eye of buyers to close the huge market lead of rivals Samsung and Apple Inc in the lucrative handset market.
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HELSINKI, May 10- Nokia will sell a new high-end smartphone through U.S. carrier Verizon Wireless, it said on Friday, aiming to expand its share in the high-margin premium market after years of falling behind Samsung and Apple Inc.. The 928 is the latest in Nokia's Lumia range of smartphones which use Microsoft's Windows Phone 8 software.
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*Nokia announces mid-range $99 phone aimed at emerging markets. NEW DELHI, May 9- Nokia is betting low-priced phones with Internet capability will help it regain lost ground in crucial emerging markets after falling behind in the global smartphone race.
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*Sony forecasts steady op profit of 230 bln yen for year to March 31. TOKYO, May 9- Sony Corp's bid for revival as a consumer electronics maker this business year will hinge on the fortunes of its latest smartphones, as it struggles with shrinking sales of its TVs, digital cameras and game consoles.
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*Sony forecasts steady op profit of 230 bln yen for year to March 31. TOKYO, May 9- Sony Corp forecast a drop in sales of cameras and game machines this business year as its consumer gadget business struggles despite a rebound in profit to five-year highs and a boost from the weak yen.