AMD lays off 600, which is 100 more than expected
IT Examiner is reporting AMD has laid off 100 more employees than it had previously said it would. The additional layoffs have raised the charges associated from $50 million to $70 million. In […]
View ArticleSony expected to post operating loss of over $1.1 billion
For the first time in 14 years Sony is expected to post an operating loss for the 2008/09 period. If more evidence of an economic crisis were needed then this is surely a […]
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Intel pays $1.45B antitrust fine, posts Q2 earnings $400M loss
Yesterday as the market closed, Intel reported the second fiscal quarter earnings for 2Q 2009. On $8.0 billion in revenue, if the numbers exclude paying the $1.45 billion EU fine for antitrust...
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AMD reports 2Q’2009 results, up at about $1.2B in revenue
For the fiscal quarter ending June 30, 2009, AMD reported revenue of $1.184 billion, which was very close to AMD’s first quarter results of $1.177 billion, though it was down 13% compared to […]
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Sidekick users MAY see some data or a $100 gift card
Earlier this week, we reported on a very bad day that happened to Sidekick owners who awoke on October 2nd to discover their email, instant messaging and contacts were gone. Rather than storing […]
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Apple iPod hearing loss suit handed another defeat in appeals court
On Wednesday Apple emerged again victorious as a Federal Appeals Court sided with the computer/gadget maker in a class action lawsuit regarding claims that iPods and their earbuds could cause hearing...
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Foxconn records $218M full-year net loss for 2010
Foxconn, a company that manufactures products from motherboards to the ever-so-popular iPhone, announced in a press release today that it lost about $218 million. That's a lot of money.
View ArticleNintendo will sell the Wii U at a loss
Nintendo has never sold its hardware at a loss and it was predicted that the Wii U would also make a profit from day one. Unfortunately, that is the not the case for […]
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Wii U price drop won’t happen as hardware is still sold at a loss
The Wii U has been on the market now for 9 months, but in that time it has only managed to sell 3.61 million units, with a mere 166,000 new consoles being purchased […]
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Dragon Nest MMO loses two years of player data
Massively-multiplayer online games are one of the most difficult games to get right and keep running. Each game needs enough players to cover the costs of renting the servers required to run it, […]
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Myspace ‘Sorry’ For Losing 12 Years of Content
Myspace has apologized for losing more than a decade of data in a possible server migration error. A message on the social network warns folks that any photos, videos, and audio files uploaded […] The...
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