Japan Inc. doubled profits last year, much of these gains were simply a reflection of dollars and euros translating into more yen. The FT reports.» Read More
We're headed into the holiday shopping season and this one will carry a familiar tune from Nintendo: shoppers looking to deck their dens with a new Wii may be out of luck. Again. The New York Post reports another round of Wii shortages on tap during this year's fourth quarter, even as the company has sold 11 million of these consoles worldwide.
Microsoft said Friday that Bungie, the crown jewel of its video game unit that was behind its hit "Halo" franchise, will become an independent company.
You can't say we didn't warn you: Halo 3 is an even bigger success than analysts thought it would be and the numbers are simply staggering. So staggering in fact that the game title alone might be enough to push Microsoft's Xbox 360 into the black for the first time in its history...
Microsoft announced Thursday that its “Halo 3” game achieved more than $300 million in sales in the first week of sales.
Apple, which introduced a new line of iPods in early September, has managed to stay one step ahead of the competition--so far.
Japanese electronics giant Sony and Germany's Bertelsmann won competition clearance from the European Commission on Wednesday for their recorded music joint venture.
The world's top cellphone maker Nokia has signed partnership deals with seven companies including CNN and Sony Pictures to bring video content to its top-of-the-range multimedia phones.
Microsoft's "Halo 3" video game set an opening-day U.S. sales record of $170 million, outdoing any video game or movie debut and giving the company's money-losing entertainment unit a strong boost toward profitability.
Sony sold about 250,000 units of the new version of the PlayStation Portable in Japan in the four days since its launch, a game magazine publisher said on Wednesday, roughly matching total Japanese sales of the original PSP in the two months through August.
Nintendo roared past Canon to become Japan's second most valuable company behind Toyota Motor, driven by its hot-selling Wii game console and DS handheld player.
Inside of a week now to the year's most anticipated entertainment event. Not Shrek. Spider-man. Even Pirates. Nope, I'm talking Master Chief, Cortana. The Covenant. I'm talking "Halo 3."
Sony said on Thursday it would postpone the launch of its "Home" virtual community service for its PlayStation 3 game console to early next year, the latest setback in its video game battle with Microsoft and Nintendo.
Sony's financial arm plans to raise as much as 348 billion yen ($3.03 billion) after setting a tentative price range of 380,000 to 400,000 yen per share for its initial public offering next month.
Media companies have a pretty clear model--they create TV and movie content, and they try to monetize that content over a number of platforms, from video-on-demand, to most notably, the Internet. Now media companies are fostering creative divisions to create significant amounts of content designed entirely for distribution online.
Stocks ended a seesaw trading session mixed as a recovery in financial stocks and a rally in tech the tech sector were offset by uncertainty of the future of the U.S. economy. "You can't be real negative on the market because the Fed could ease at any moment, given how seized up the commercial paper market is," said Tony Dwyer of FTN Midwest Securities.
With the superior fire power of Russell Crowe and Christian Bale, the Western "3:10 to Yuma" was the big shot at the weekend box office in North America, according to studio estimates issued Sunday.
Shares of Sony Corp jumped on Wednesday after the electronics conglomerate said it would list shares of its financial arm on the Tokyo Stock Exchange next month after raising up to $3 billion in an initial public offering to fund its core electronics business.
Apple, which is widely expected to announce a new line of iPods on Wednesday, has managed to stay one step ahead of the competition--so far.
Mobile handset maker Sony Ericsson said on Tuesday its president, Miles Flint, would step down and that the chairman of Sony Electronics USA would succeed him as of Nov 1.
A re-imagining of the classic slasher movie "Halloween" broke the record for a new release during the U.S. Labor Day holiday weekend, according to studio estimates issued on Sunday.