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Thursday, May 23, 2013 - 9:56am
Sony Could Delay Apple's iRadio Launch
Next month, thousands of tech industry professionals will head to California for two conferences: the Electronic Entertainment Expo in Los Angeles and the World Wide Developers Conference in San Francisco. The latter is Apple's (NASDAQ: AAPL) annual event where the Mac maker introduces new...
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Wednesday, May 22, 2013 - 9:07am
Electronic Arts Reverses Decision, Develops New Wii U Games
Electronic Arts (NASDAQ: EA) CFO Blake Jorgensen has confirmed that, contrary to the previous comments from company spokesperson Jeff Brown (and a barrage of negative tweets from an EA engineer), the company is developing games for Nintendo's (OTC: NTDOY) console. According to IGN, Jorgensen made...
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Tuesday, May 21, 2013 - 9:33am
Xbox 720 Production to Rise in Q3, Peak in Q4
Microsoft's (NASDAQ: MSFT) next game console is only hours away from its worldwide unveiling, and supply chain sources claim that it is already in production. According to DigiTimes, mass shipments for Xbox 720 (as it is commonly known in the media) will begin next quarter and peak during the...
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Monday, May 20, 2013 - 11:47am
Here Come Hollywood's Wannabe Summer Blockbusters
With The New York Times reporting Friday that “a record number of big-budget action-and special effect-laden blockbusters” are set to open between May and the end of August, Hollywood’s tactic this summer appears to be “shock and awe” versus a more measured approach. It’s all about that...
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Monday, May 20, 2013 - 11:44am
Microsoft's Third Xbox to be Unveiled in 24 Hours
In roughly 24 hours, Microsoft (NASDAQ: MSFT) will hold a press conference to unveil the first tease of the company's third game console. Commonly referred to as "Xbox 720" or "Xbox Next," the new console is rumored to be called "Xbox Fusion" or "Xbox Infinity." Microsoft will introduce the...
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Monday, May 20, 2013 - 10:05am
The Nikkei Hits New High – Here's How to Play the Rally
It’s a story as old and sadly, as ordinary as the U.S. equity market performance of late and equally as sad-or interesting-or mundane-or expected, is that it’s happening for the same reasons. Reuters is reporting that the Nikkei, the stock market index for the Tokyo Stock Exchange, hit a five...
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Tuesday, May 14, 2013 - 9:34am
Third Point's Dan Loeb Wants to Break Up Sony
Dan Loeb, the founder and CEO of Third Point LLC (a hedge fund with $12.9 billion AUM), has amassed a 6.5 percent stake in Sony (NYSE: SNE). Now he wants to break up the company in an effort to increase shareholder value. According to The New York Times, Loeb believes that a partial spinoff of...
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Monday, May 13, 2013 - 1:17pm
Samsung's New Tech is 133 Times Faster than 4G
Don't get too excited -- it's seven years away. Samsung is testing a new high-speed mobile Internet technology that will blow the lid off 4G and allow users to download full HD films in a couple of seconds. According to an AppleInsider translation of a Yonhap News piece, Samsung has created a 5G...
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Monday, May 13, 2013 - 10:26am
Sony to Increase LCD TV Shipments by 19%
After experiencing several years of losses in television manufacturing, Sony (NYSE: SNE) hopes to turn things around by shipping 16 million televisions during the fiscal 2013 sales period. According to DigiTimes, this is a 19 percent increase over last year when Sony shipped 13.5 million LCD TVs....
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Friday, May 10, 2013 - 9:58am
Panasonic's TV Sales Fall 20 Percent
It seems that Panasonic's (OTC: PCRFY) restructuring plan has not been successful. According to CNET, the Japanese electronics giant posted another major loss. The company lost 754.3 billion Yen ($7.42 billion U.S.) during the fiscal 2012 sales period after sales declined seven percent to 7,846...
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