Japan Inc doubled profits last year - the best performance since 2007 - but rather than selling more goods more profitably, much of these gains were simply a reflection of dollars and euros translating into more yen. The FT reports.» Read More
The video game price wars are getting fiercer. Microsoft on Thursday announced plans to lower the price of its top-line Xbox 360 model from $399 to $299.
Since the news broke that Paramount is delaying the release of its Martin Scorsese thriller "Shutter Island" from October until February, I've talked to a lot of Hollywood insiders about what this says about Paramount's weakness. I've also heard plenty of rants about how this delay speaks to exactly what's wrong with the hundreds of millions of dollars spent every year on movie marketing.
Most of the videos YouTube is most famous for -- the wild animal battle at Kruger National Park, the skateboarding bulldog-- haven't been monetized until now. I just broke the news that YouTube is rolling out its partner program to include uploaders of viral hits. YouTube's partner program strikes revenue-sharing deals with the site's regular uploaders of popular content. But many of the site's most popular videos are one-hit-wonders, and now YouTube as well as the uploaders will be able to cash in.
Cramer makes the call on viewers' favorite stocks.
First, there were allegations that Apple and a host of other tech companies were colluding to prevent competitors from poaching each others workforce, so-called poaching of the payroll. That spawned a Justice Department investigation.
Nazis and Quentin Tarantino proved a lethal combination at the worldwide box office as the bad-boy director topped the weekend charts with his violent World War Two movie "Inglourious Basterds."
Sony spent $60 million dollars acquiring the rights to the last footage of Michael Jackson and now it has a plan to get its money worth.
Many investors are anticipating a major market pullback—so when will it happen and how should you strategize? Dave Rovelli, managing director of Canaccord Adams, and Peter Costa, president of Empire Executions, shared their market outlooks.
GameStop executives, who led the call for price reductions on the PlayStation 3 earlier this year, say they were a bit surprised with the timing of Sony’s actions earlier this week. But now that Sony has capitulated, they're expecting Microsoft and Nintendo to react.
Sony, hoping to regain its momentum in the video game space, will lower the price of the PlayStation 3 video game console by $100 starting Wednesday.
Stocks bounced back on Tuesday, closing up after Monday's sharp selloff. The market continued its recent pattern of shrugging off certain economic data and continuing in whichever direction it intended to go for the day. Housing starts dropped 1 percent in July after an upwardly-revised 6.5-percent jump in June, falling well short of expectations. Meanwhile, a gauge of inflation fell more than expected: Producer prices dropped by 0.9 percent last month, compared with a 1.8-percent gain in June. Read and listen to what the experts had to say...
Privately-held, debt-laden MGM announced some major management changes. CEO Harry Sloan is out, having taken the job soon after the studio was brought private in 2005 for $2.85 billion by Sony and Comcast, along with private equity firms Texas Pacific Group, DLJ Merchant Banking Partners, Quadrangle Group and a unit of Credit Suisse.
The back-to-school shopping season has begun and although spending is expected to decrease in most categories, industry analysts anticipate seeing growth in PCs and consumer electronics.
Video game sales continued their downward spiral in July, the fifth consecutive month of declines in an industry many have referred to as “recession resistant.”
Score one for the movie studios in their ongoing battle to fight digital piracy and protect intellectual property.
For the first time in decades, General Electric is adding new operations at two of its manufacturing hubs, underlining what the company says is a new commitment to producing in the United States.
More and more publishers are offering free e-books, raising concerns in the industry.
I've been reading through the 600 pages of court filings submitted in the Michael Jackson estate case, and, I'm telling you, there's gotta be a better way. Contract legalese is painful.
Stocks ended lower Wednesday, despite a late attempt at a recovery, as disappointing readings on the service sector and employment situation, as well as a cautious outlook from Dow component P&G, fueled concerns about the economic recovery.
Stocks tumbled Wednesday following disappointing readings on the service sector and employment situation, as well as a cautious outlook from Dow component P&G.