Sony Corp.'s hedge for its PlayStation game enterprise has backfired as dollar costs rise. The strategy of Sony Corp. that shielded its PlayStation game enterprise from a strengthening yen has backfired.
Sectors
Industry observers split over Wells Fargo's Amex-issued cards
Wells Fargo will release credit cards issued on American Express in 2014. However, industry observers see this as a potential move to rise above competition.
BlackBerry considers going private - sources
Several sources said that BlackBerry is currently considering the possibility of taking the company private.
Sojitz Corp invests JPY 35 billion for solar plants
Sojitz Corp said it will be investing JPY 35 billion to build four solar power plants in Japan. Japan-based general trading company Sojitz Corp said it will be initiating its first few solar power projects in the country.
Apple gets upper hand if favored in upcoming patent ruling
Apple would be given the upper hand if the International Trade Commission decided to favor the US tech titan.
Latest News
Tumblr founder David Karp gets US$110 million to remain in the company for the next four years. On Thursday, a regulatory filing revealed a US$110 million retention payment of Yahoo to David Karp, Tumblr's founder.
GDF Suez announced that it will be buying Balfour Beatty Workplace by the end of the year for less than GBP 190 million.
NHN, a South Korean internet corporation, split because of the growing rivalry of founders in terms of their individual mobile messenger enterprises.
Ford Sollers said it will be reducing production of compact cars made in its Vsevolozhsk plant. Ford Sollers announced that it is slated to reduce production in its Vsevolozhsk plant located near St.
America Movil offered to buy KPN's E-Plus for EUR 7.2 billion or USD 9.6 billion, a move that rivaled Spain Telefonica's bid made last month.
Chief Executive Officer of Commerzbank Martin Blessing said he is staying at the helm until the bank is successfully reorganized.
T-Mobile disclosed that the iPhones from Apple generated 29% of the carrier's total sales during the second quarter.
Universal Display boosted its full-year forecast to US$125 million from only US$110 million due to the increasing demand for LED.
Amazon launched the latest Mobile App Distributing program which could optimize the web app for distribution to smartphones.
