According to Reuters, Siemens (SI) will cut over 6,000 jobs in its telecom equipment business. Reuters writes that MBIA (MBI) is moving to help bring stability to the credit markets. Reuters reports…
If the Microsoft (NASDAQ: MSFT) Xbox 360 will stop overheating, the company believes that it can double the number of Xbox Live users. The Live product has 10 million users now who…
It is not enough that Nintendo’s Wii outsells the Sony (NYSE: SNE) PS3 and Microsoft (NASDAQ: MSFT) Xbox 360 in almost every market, every month. Nintendo its launching a new product in…
Markets in Asia rose The Nikkei was up .9% to 13.758. Honda (HMC) was up 3.7% to 3410. Sony (SNE) was up 2.2% to 5010. The Hang Seng rose 1.5% to 24,123.…
Microsoft (NASDAQ: MSFT) backed the wrong horse in the fight for high definition DVD disks and players. Redmond sided with Toshiba and its HD DVD platform and shipped the Xbox 360 with…
It appears that Sony (NYSE: SNE) has finally won the battle for high-definition DVDs. Last week, Wal-Mat (WMT), Best Buy (BBY), and NetFlix (NFX) dropped the Toshiba HD DVD format in favor…
After month upon month of being bested by the Nintendo Wii and Microsoft (NASDAQ: MSFT), the Sony (NYSE: SNE) PS3 is emerging from the shadows. Sales of video games rose 11% in…
Markets In Asia were up sharply with the Nikkei making is largest move in five years. The Nikkei rose 4.3% to 13,626. Sony (SNE) rose 4% to 4820. Toppan Printing rose 10.1%…
Douglas A. McIntyre It is not enough that Nintendo, Microsoft (MSFT), and Sony (SNE) are scratching each other’s eyes out in the game console business. It looks like Apple (AAPL) wants in. Given its new…
Markets in Asia mixed. The Nikkei rose .4% to 13,068. Sony (SNE) rose 2.2% to 4,730. Toyota (TM) fell 1.7% to 5,870. The Hang Seng rose 1.1% to 23,170. China Life (LFC)…
Many markets in Asia were closed for a holiday. The Nikkei dropped 1.4% to 13,017. NEC dropped 2.9% to 401. Sony (SNE) dropped 1.9% to 4,620. Toyota (TM) dropped .3% to 5,880.…
Accorrding to Reuters, GM (NYSE: GM) will have half of its cars running on ethanol by 2012. Reuters writes that Cisco (NASD: CSCO) gave a weak forecast, moving tech shares down. Reuters…
Markets in Asia fell sharply The Nikkei was off 4.7% to 13,099. Mazda was down 7.2% to 439. Softbank was off 6.3% to 2005. Sony (SNE) fell 3% to 4,570. Toyota (TM)…
When Sony (SNE) and Ericsson (ERIC) found that neither had enough market share to go it alone in the global handset business, they merged their operations. During 2007, the joint venture moved…
Markets in Asia were mixed at 3.10 AM New York time. The Nikkei was up 1.9% to 23.329. Sony (SNE) was up 3.6% to 5,220. Toyota (TM) was up 5.4% to 5,820.…
