Feb 26- Sony Corp's electronic unit said on Wednesday it is closing 20 retail stores in the United States and cutting 1,000 jobs, as the TV and game console maker tries to stem losses and regain market share. Sony has a total of 31 retail stores in the U.S.» Read More
Warner Bros. has become the latest studio to back Blu-ray exclusively. The announcement scheduled for Monday at the Consumer Electronics Show in Las Vegas instead leaked out today with the studio now confirming the news.
Late Thursday night, Microsoft was touting the company's apparently monumental success with Xbox sales this holiday shopping season, even though the industry's gold standard of market research, the NPD numbers for December, are still weeks away.
It's just hours till the start of what promises to be the biggest Consumer Electronics Show in recent memory. Sure, Silicon Valley is known the world over as the world's high tech capitol, but beginning Sunday night, with Bill Gates' keynote, Las Vegas will hold that distinction; at least for a week.
This past year was a busy one for tech, including Apple's iPhone release; Halo 3; Xbox vs. Wii vs. PlayStation; HD-DVD vs. Blu-ray: Google's new mobile strategy; Intel's surge at AMD's expense; all things wireless; Oracle and Microsoft's blockbuster earnings; Yahoo's CEO shakeup; VMWare's IPO; the ongoing shake-up at Dell; and of course my favorite: Star Wars celebrating its 30th anniversary.
Amazon.com said it sold about 17 of Nintendo's Wii video game systems per second when it had them in stock.
Something strange is developing around the Nintendo Wii phenomenon and it's showing capitalism at its finest: I was skeptical about a derivatives market in the Wii actually existing, but now I have confirmation that one does exist.
Black Friday has come and gone, but you might want to call today Black Friday: Part II as we usher in the last weekend before Christmas. I'm inside a Best Buy in the heart of Silicon Valley, where business has been more than brisk these last few weeks...
These are blow-out numbers for RIM's third quarter no matter how you slice and dice them. And you thought Oracle's good news yesterday was something. This is something else entirely. Research in Motion posts 65 cents a share in earnings per share.
I hope you had a chance to read my 8 for '08 blog predictions. Here now is what I've done for the TV side of CNBC, in using the ole 'crystal ball. A couple of them you'll find similar, but there are plenty that are different. Enjoy!
Competition among videogame console makers is getting rougher as the holiday season goes on. Tony Gikas, analyst at Piper Jaffray, thinks one particular company is going to prevail in the sales war. Click to see his stock pick.
There's been a fair amount of controversy gripping the video games console wars, with each of the three major players locked in a pitched battle for market supremacy. Following Black Friday last month, a war of words even erupted when I wrote that Microsoft had claimed huge sales in the week including Black Friday.
As part of CNBC's Outlook '08 coverage, here are my eight predictions in technology for 2008. At the end of next year, we'll look back on how well I did: just don't hold my feet to the fire too closely!! Before going forward, here's a quick look back. Tech set the tone for 2007 and became a safe-haven of sorts for so many investors fleeing the financial meltdown on Wall Street and Main Street.
Come tomorrow, we get the next salvo fired in the HD DVD vs. Blu-ray saga when Universal Studios Home Entertainment lets loose the last leg of the Jason Bourne trilogy, "The Bourne Ultimatum" on HD DVD. We'll also get the new boxed Jason Bourne Collection.
Big media is finally grasping that the sands beneath its feet are shifting; and Vivendi's bold step for Activision may be the beginnings of dramatic change for all kinds of digital entertainment. And it's about time. George Lucas (I know, major name-dropping here) told me not too long ago, that one of the key reasons for his studio's success is the seamless integration between his LucasArts video games division and LucasFilm, his studio operation.
Vivendi strikes a deal to combine its interactive gaming business with video game publisher Activision to form a new company called Activision Blizzard.
Mergers and acquisitions were back Monday as numerous high-profile companies announced plans to tie up despite recent tightness in the credit market and uncertainty over the strength of Western economies.
The post about the Xbox 360 got more hits than any blog post I've done to date. It even surpassed my rant on Ann Coulter, and was picked up on MySpacenews. But I digress: sort of. Anyway, all this has me wondering if I should combine the two stories, and maybe throw in Warren Buffett, to get killer traffic:
No question our coverage Thursday surrounding Microsoft's Xbox issues generated a lot of interest. But it was my post about Microsoft's Xbox sales during last week, which included Black Friday, that generated a single, though extremely unusual response from Sony.
Sony's PlayStation 3 outsold Nintendo's Wii game console in Japan in November for the first time since the machines were launched last year, showing Sony may finally be overcoming a slow start versus its upstart rival.
If my son spent as much time on his homework as he does playing, mastering, studying, and researching video games, he'd be valedictorian. For months he's been telling me there have been problems with the Microsoft Xbox 360, which is his console of choice. He's been talking about the "red rings of doom," which signal the Xbox is "fried."