Toshiba facing bankruptcy, total disintegration thanks to bad bets on nuclear power

Toshiba-Nuclear-Feature

Toshiba went into meltdown today, announcing a $3.4 billion loss, a write-down of $6.2 billion, and the collapse of its nuclear construction business. The firm, which employs more than 200,000 people worldwide, is facing bankruptcy.

The post Toshiba facing bankruptcy, total disintegration thanks to bad bets on nuclear power appeared first on ExtremeTech.

The original article can be found here: https://www.extremetech.com/computing/244441-toshiba-facing-bankruptcy-total-disintegration-thanks-bad-bets-nuclear-power?source=Computing

Powered by WPeMatico

Apple display supplier Sharp posts $1.9 billion annual loss, avoids collapse

One of Apple’s key display suppliers, Sharp, posted an annual net loss of $1.9 billion on Thursday and cast doubt on its ability to keep operating, although it will continue to live on in the short-term thanks to investments by banks.



The original article can be found here: http://appleinsider.com.feedsportal.com/c/33975/f/616168/s/464fbaf5/sc/28/l/0Lappleinsider0N0Carticles0C150C0A50C140Capple0Edisplay0Esupplier0Esharp0Eposts0E190Ebillion0Eannual0Eloss0Eavoids0Ecollapse/story01.htm

Powered by WPeMatico

Sony's Mobile Malaise Lands It in Deep Ditch


Sony on Wednesday announced that it will post a loss of $2.14 billion for the fiscal year, far outpacing the loss it previously forecasted. It will take a quarterly write-down charge on the unit as a result. The reduction is due almost entirely to diminished growth in its mobile unit. Sony announced several changes to the unit, including adjusting its orientation away from sales to one in which risk-taking is de-emphasized in order to stabilize its earnings.

The original article can be found here: http://www.ecommercetimes.com/story/81060.html?rss=1

Powered by WPeMatico

Is Tivo's new Roamio OTA DVR a cord-cutter's dream?

If you’re a current or potential cord-cutter who’s been lamenting the loss of Aereo’s ability to record over-the-air TV signals, there’s soon going to be another option: the TiVo Roamio OTA DVR, …

The original article can be found here: http://www.foxnews.com/tech/2014/08/25/is-tivo-new-roamio-ota-dvr-cord-cutter-dream/

Powered by WPeMatico

Aereo takes a time out after Supreme Court loss

Following its loss in Supreme Court last week, Aereo—which streamed over-the-air broadcasts to subscribers paying $8 per month—suspended its service this weekend while it figures out its next mov…

The original article can be found here: http://www.foxnews.com/tech/2014/06/30/aereo-takes-time-out-after-supreme-court-loss/

Powered by WPeMatico

Nintendo reports massive annual loss on the back of anemic Wii U and 3DS sales

Mario Wii U
Nintendo, with lower-than-expected sales of both the Wii U and 3DS, has reported an annual loss of $229 million (23.2 billion yen). This is down from last year’s wea profits of around $69 million (7.1 billion yen). The company says it is establishing a new “health” division in an attempt to bolster its customer numbers and revenues. Meanwhile, analysts and pundits are vehement that Nintendo needs to fully embrace mobile gaming — as in, Mario games for smartphones — if it wants to remain relevant. In any case, Nintendo isn’t likely to right the ship any time soon: Any new health or mobile efforts will take at least a year to realize properly, and with the company yet again foregoing its E3 keynote this year, Nintendo’s agenda for 2014 probably just consists of Wii U and 3DS games.

The original article can be found here: http://www.extremetech.com/gaming/182036-nintendo-reports-massive-annual-loss-on-the-back-of-anemic-wii-u-and-3ds-sales

Powered by WPeMatico