Verizon Communications may rely largely on advertising for revenue from its upcoming online video service.» Read More
Sony's PS Vita is the "ultimate portable gaming device" that will provide music, video, Internet access and, oh yes, 25 game titles to billions of gamers, Sony Consumer Entertainment America CEO Jack Tretton told CNBC Wednesday.
Sony's powerful gaming handheld, the PS Vita, officially launches in the U.S. today, with Jack Tretton, Sony Computer Entertainment of America CEO.
Western investors in Japan's disgraced Olympus have accused its banks of trying to take control of the boardroom by stealth, amid media reports that the firm's major creditors are set to install their own appointees in the top jobs.
The Vita Hill Social Club, which opened recently on the corner of Gough and Union, in the quiet Cow Hollow district of San Francisco, has the air of an exclusive gentlemen’s club, with its green leather chesterfield sofas, potted ferns and bar. The FT reports.
A new agreement widening access in China to films from around the world, effectively guarantees, at least for the foreseeable future, that only Hollywood’s most fantastic enterprises will be admitted to China on a favored basis, since those dominate the premium formats specified in the trade deal.
Workers around the developed world have been complaining of a squeeze on incomes over the past 20 years, but in Japan, thinner pay packets fuel wider deflation — making it even harder for the government to rein in its debt and for the BOJ to boost growth. The FT reports.
Samsung Electronics said on Tuesday it is considering various options to improve competitiveness of its loss-making LCD flat-screen business but declined to comment on a media report that it may spin off the operation.
Whitney Houston may be gone, but she certainly isn’t forgotten. In fact, people are thinking about—and buying—her music now more than ever.
Sony Music executives will meet this week in New York to determine a strategy for marketing the nine albums, soundtracks and compilations that feature Whitney Houston, the pop singer who died on Saturday at age 48, according to two people familiar with the plans.
Take a look at some of Wednesday morning's early movers:
Five years ago THQ was one of the videogame industry's biggest publishers. Today, the company is struggling to stay afloat.
Over dinner last night with several managing directors for a large equity desk, the first topic of conversation was not, “What's going to happen after the NYSE-Deutsche Boerse merger gets turned down?” It was, “What the hell is going on with this lousy volume? My desk is dead.”
Take a look at some of Thursday morning's early movers:
Shareholders big and small may cheer the flurry of recent spin-offs, but in some cases divestitures can be a sugar high that comes at the expense of long-term earnings.
In the last decade, Apple has become one of the mightiest, richest and most successful companies in the world, in part by mastering global manufacturing. However, the workers assembling iPhones, iPads and other devices often labor in onerous work environments, with serious — sometimes deadly — safety problems. The NYT reports.
The Academy Awards may give News Corp. the most-needed revenue following an abysmal year at the box office through increased viewership of its two best picture-nominated films — “The Descendants” and “Tree of Life.”
Apple once bragged that its products were made in America. But it has since moved most its massive manufacturing operation overseas, raising questions about what corporate America owes Americans.
Stocks in the S&P 1,500 that displayed unusual volume in Friday's trading session.
Happy Friday! Take a look at some of this morning's early movers:
Best Buy, fresh off a disappointing holiday season, is shaking up the responsibilities of two long-time executives.