Sony (NYSE: SNE) has counted on its new Playstation Vita portable game device to resurrect its chance in the console business. Early signs are that the attempt has worked. Nintendo sold 371,000…
Olympus, its balance sheet hurt by money lost in fraudulent activity, will rebuild its balance sheet with a sale of $1.28 billion to partners Sony (NYSE: SNE) and FujiFilm. The scandal that…
Douglas A. McIntyre Zynga posts at the high end of its IPO range and will raise $1 billion. (Reuters) Congress reaches a tentative deal to keep the government open. (Reuters) Bill Gross’s PIMCO Total Return Fund…
The latest entry in the line of PlayStations from Sony Corp. (NYSE: SNE) is set for launch this weekend. The company has been touring Japan for the past several weeks to drum…
Olympus may hire its former CEO, Michael Woodford, in the midst of an accounting scandal. (Reuters) Foreign investment in China drops for the first time in 28 months. (Reuters) Holiday sales continue…
Amazon.com (NASDAQ: AMZN) has said the its Kindle Fire is the best-selling item on its web site and it wants to give customers a chance to order the device as close to…
While barely a fraction of the size of the market for smartphones and tablets, the internet-connected TV market is growing, and — surprise — Apple Inc. (NASDAQ: AAPL) is the market share…
According to a report in the FT, US companies will be pressed to disclose business relationships with Syria and Iran. Iran is the subject of sanctions. Syria’s brutal government has killed hundreds of protestors.…
Europe has cobbled together what appears to be a solution to the sovereign debt crisis. The markets do not believe in its efficacy. Most shares traded down once details were release. But…
The Monday following this year’s Thanksgiving, also known as Cyber Monday, was the highest-grossing online shopping day in U.S. history. According to research firm comScore, spending reached $1.25 billion, an increase of…
Moody’s says the EU debt crisis threatens the sovereign ratings of all nations in the region. (Reuters) Three large BSkyB shareholders will vote against James Murdoch staying on as chairman. (Reuters) The…
A Sony (NYSE: SNE) official said the company’s non-consumer sales could reach $26 billion within three to five years. He gave absolutely no support for the prediction, making it useless
Douglas A. McIntyre Facebook hit by a bug that put porn and graphic violence images onto many pages. (Reuters) Apple (NASDAQ: AAPL) names Walt Disney (NYSE: DIS) CEO Robert Iger to its board. (Reuters) Dell…
Japan’s GDP grew at 1.5% in the quarter that ended in September. It is an impressive figure and one that shows the Asia nation’s economy has rebounded faster than expected. To keep…
Japan has a corporate scandal all of its own, proof the larceny and bad management are without borders. An investigation into hundreds of million of dollars in concealed losses at Olympus has…
