Sony sees a record $6.4bn loss on tax hit April 10, 2012 JAPAN’S Sony yesterday flagged a record $6.4bn (£4bn) annual net loss, double an earlier forecast and a fourth straight year of red ink, as it writes off deferred tax credits, heaping more pressure on its new CEO to turn around the electronics giant. Sony, which plans to axe 10,000 jobs – around six per cent [...]
Sony forecasts $6.4bn annual loss April 10, 2012 Sony Corp forecast a record $6.4bn net loss for the business year just ended, its fourth straight year of losses and double earlier forecasts, inflated by writing off deferred tax assets in the United States. In a bid to ease investor concerns over its deteriorating bottom line, the Japanese consumer electronics giant said it would [...]
OLYMPIC MEDIA BUZZ LONDON 2012 PARTNERS April 1, 2012 IN ASSOCIATION with Repskan.com, City A.M. is measuring the relative Olympic media buzz around the London 2012 Olympic and Paralympic Games partners, week by week. The leaderboard, right, reflects their ranking over the past week, in this case from Wednesday 21 March to Wednesday 28 March. Samsung often receives a similar volume of online mentions [...]
WHAT THE OTHER PAPERS SAY THIS MORNING March 28, 2012 FINANCIAL TIMES OSBORNE BATTLE OVER WELFARE CUT Plans by the chancellor to take £10bn a year, or almost £1 in £20, out of the welfare budget are being openly resisted by the department for work and pensions in the first sign of government infighting over the coming spending round. George Osborne made clear in last week’s [...]
Going ultrabook March 14, 2012 Kendal Gapinski chooses the best super-compact netbooks on the market Asus Zenbook UX21E £849 Cheaper than many of the other ultrabooks out there, the Asus Zenbrook measures 17mm at the back at its thickest point, but tapers down to 3mm in the front. This ultrabook is particularly well-designed because it is made out of one [...]
Why patents for software are tricky March 14, 2012 YAHOO has recently gone to court. Its case: a software patent claim against Facebook, a distinctly profitable social network on the cusp of floatation and at the very centre of the social web. Yahoo was once the Internet’s most profitable search engine, an original dotcom boomer from a time when people said “cyberspace” and meant [...]
Apple passes 25 billion app downloads March 4, 2012 APPLE hit 25bn app downloads this weekend, continuing a string of milestones reached in the last month by the world’s most valuable company. And the announcements are set to keep rolling as Apple is expected to reveal the latest iPad to the world this Wednesday, exactly a year after the iPad 2 was released in [...]
Speed rules new generation of phones February 29, 2012 Mobile World Congress saw dozens of new handset releases, as the industry’s big players laid out their stall for the rest of the year. The overriding theme was power, with a new generation of quad-core processors imbuing mobile devices with speeds that were unimaginable even on desktop PCs only a few years ago. The new [...]
Yahoo battles for licensing fees as it launches patent war with Facebook February 28, 2012 THE ever-growing string of patent lawsuits between technology firms has branched out to social media companies as Yahoo and Facebook scrap over intellectual property. Waning search site Yahoo has asserted claims on a variety of mechanisms used by Facebook, including the way it operates its adverts, privacy controls, news feed and messaging service. The list [...]
The new kids February 27, 2012 ALL eyes were on Nokia yesterday morning, as delegates at the Mobile World Congress in Barcelona waited with bated breath for its latest release. Some were hoping for a long-rumoured tablet, which never materialised. What we got was a cheaper handset in Nokia’s Lumia range, the 610. It’s a solid enough device, with enough curves [...]