Samsung's first quarter earnings suggest that it has reached a significant milestone: It could be the world's largest mobile phone manufacturer, topping Apple in market reach. In this case, "suggest" is the operative word. "As you know, Samsung doesn't give their cellphone shipment numbers," said Az...
Nintendo has reached a dismal milestone: For the first time ever, it posted a fiscal year operating loss -- down $458 million for the year just ended. It is an ignominious turn of events for the company, which created legendary games like "Super Mario Brothers" and innovative devices like the Wii. I...
The European Commission's competition authority has given an investment group led by Sony the go-ahead to acquire EMI Group's music-publishing division for US$2.2 billion. The commission's approval is conditioned on Sony, which is partnering with ATV in this transaction, selling certain music assets...
Samsung appears to be lining up a major publicity blitz for the much-anticipated launch of the next product in its Galaxy smartphone line -- the Galaxy S III. It has tweeted and blogged about an event to be held in London on May 3, where the device will be introduced. Samsung will launch the new dev...
Sony will lay off 10,000 workers, or about 6 percent of its global workforce, as part of an overall corporate restructuring plan, according to a report. The cutbacks are set to take place over the next two fiscal years. It's unclear when the Japanese company will start slashing jobs or which divisio...
Major corporate realignments happen for any number of reasons. First and foremost, they aim to pursue and capture improved leverage of financial and human capital. Second, they can alter inefficient habitual behaviors and deconstruct unwanted corporate fiefdoms. Finally, they provide tangible proof ...
Online retailers that have committed to supporting consumers on their mobile phones are bracing themselves for a challenging year. Just as they thought it was a two-horse race for smartphone dominance between Apple and Google -- which enabled them to establish a neat mobile Web and app strategy -- a...
Amazon's Kindle Fire was second in tablet market share only to Apple's iPad in the fourth quarter of 2011, according to a report from IHS iSuppli. Amazon didn't release official sales figures when it reported its quarterly earnings for the end of 2011 recently, but the iSuppli report states the comp...
What do Amazon's Kindle, Barnes & Noble's Nook and Apple's iPad have in common? What about authors like Stephen King, Barbara Freethy, C.J. Lyons, Amanda Hocking and Michael Prescott? If you said they represent the changing book publishing industry, you would be right. The book business is going...
Amazon is planning to launch a retail store in Seattle in the coming months, according to reports published by Bloomberg and Good E-Reader. The endeavor is meant to serve as a pilot project for a possible chain of stores that would sell Amazon Exclusive books, as well as its Kindle Fire tablet, line...
Sony announced on Wednesday that Kazui Hirai is being appointed as its president and CEO, effective April 1. Current Chairman, CEO and President Howard Stringer will become the chairman of the board of directors in June. Sony has had a turbulent year, including several incidents in which it had to ...
Sony appears to be preparing for a reshuffling of its top management, with the end result being the loss of power for current president Howard Stringer. The common denominator among the various reports that have surfaced is that Executive Deputy President Kaz Hirai will be elevated to president and ...
Google is not giving up on its dreams to become a TV star. The company announced Thursday it added LG to its growing list of television partners that will debut hardware running an upgraded version of Google TV at the Consumer Electronics Show next week in Las Vegas. The search giant's first run at ...
Research In Motion posted its third-quarter earnings data on Thursday, reporting a 71 percent drop in net income and revealing that its long-awaited next-generation smartphone platform will arrive later than expected. The company reported revenue of $5.2 billion, up 24 percent from last quarter but ...
It appears that Google's relatively new Chrome browser has displaced Mozilla Firefox from the No. 2 spot in the worldwide browser market, following leader Microsoft Internet Explorer. "Three years ago, we built Chrome to help spur more innovation on the Web, and we're excited that over 200 million p...
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