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.

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.

NHN, a South Korean internet corporation, split because of the growing rivalry of founders in terms of their individual mobile messenger enterprises.

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.

Nokia Corp accounted for 81% of all the Windows Phone shipments allowing Windows Phone to increase its market share to 3.7%.

Nvidia projected a current-revenue of US$1.05 billion, plus or minus 2%, which was below analysts' estimates.

Apple generated US$4 billion from iTunes software and services during the second quarter. Apple's iTunes Store has been a relevant source of income and a core to the tech giant's ecosystem.

Nikon cut its full-year shipment target to 6.5 million from 7.1 million units as mirrorless cameras began to lose their shine.