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Nintendo records $49 million operating loss as Wii U sales crumble

a shared story    57 minutes ago
Nintendo made an operating loss of 5.13 billion yen ($48.6 million) in the first quarter of its 2016 fiscal year as Wii U sales plunged 53 percent year over year to just 220,000 units. 12 months ago Nintendo recorded its best first-quarter figures since 2012, a...(more) 

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Japan's Line Corp swings to first-half net profit on ad revenue boost

a shared story    1 hour 57 minutes ago
By Thomas Wilson TOKYO (Reuters) - Japan's Line Corp, reporting earnings for the first time since listing, on Wednesday said it swung to a profit in the first half of the year as advertising revenue soared. The operator of Japan's dominant mobile messaging application posted net...(more) 

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ARM, soon to be bought by Softbank, posts second-quarter profit rise

a shared story    2 hours 57 minutes ago
British chip designer ARM Holdings, which earlier this month agreed to be bought by Softbank Group Corp for $32 billion, reported a 5 percent rise in second quarter profit on Wednesday. The provider of technology for the iPhone, satellites and supercomputers said that given restrictions linked...(more) 

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Apple CEO touts future technology amid iPhone worries

a shared story    3 hours 57 minutes ago
As iPhone sales declined for the second straight quarter, Apple CEO Tim Cook peeled back the curtain ever so slightly on its work in artificial intelligence and augmented reality, aiming to reassure investors that the company is ready to ride the next wave of technology. Raving...(more) 

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Apple reports sales decline for second straight quarter

a shared story    4 hours 57 minutes ago
Apple announced Tuesday that quarterly sales fell in consecutive quarters for the first time since 2002 as demand slows for its smartphone lineup. The world’s most valuable company sold 40.4 million iPhones, down from 47.5 million devices during the same period last year. That decline contributed......(more) 

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Watch Melissa McCarthy, 50 Cent, Bill Hader and more audition to be young Han Solo

a shared story    5 hours 57 minutes ago
Playing young Han Solo has probably been a dream for thousands of young actors who auditioned for the part, but Alden Ehrenreich is the chosen one to portray the beloved Star Wars character in an upcoming spinoff movie. Little did you know that some of your...(more) 

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Tesla's Musk sees 'modest' capital raise for next strategic turn

a shared story    6 hours 57 minutes ago
By Joseph White SPARKS, Nevada (Reuters) - Tesla Motors Inc's next strategic turn could cost the electric car maker "tens of billions" of dollars over the long term, but will likely require only a "modest" capital raise, Chief Executive Elon Musk said on Tuesday. Musk's comments...(more) 

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How to live stream Bill Clinton’s speech tonight at the Democratic National Convention

a shared story    7 hours 57 minutes ago
After getting off to a rocky start yesterday as Bernie Sanders' supporters vented their frustrations, the Democratic National Convention has calmed down considerably on Tuesday, due in large part to the fact that Sanders was able to speak to his delegates for over half an hour...(more) 

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Tesla's Musk says Model 3 could generate $20 billion in revenue per year

a shared story    8 hours 57 minutes ago
Tesla Motors Inc Chief Executive Elon Musk said on Tuesday that the company's Model 3 could generate $20 billion in revenue per year and an annual gross profit of about $5 billion. A "modest capital raise" could be needed to fund Tesla's strategic plans, and new...(more) 

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Tesla just broke up with its most important Autopilot software partner

a shared story    9 hours 57 minutes ago
In an interesting turn of events, Mobileye disclosed during a recent earnings conference call that its multi-year partnership with Tesla is coming to an end. For those unfamiliar, Mobileye is an Israeli-based company that provides the sensors and a good deal of the underlying technology behind...(more) 

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The FBI will be on the front line of any future hacking wars

a shared story    10 hours 57 minutes ago
In an announcement today, President Obama unveiled his new policy for handling "cyber incidents." It's different from Future President Trump's opinions on "the cybers," mostly because there's some actual plans in there. Most notably, the confusing turf war over which agency gets to do what has...(more) 

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Apple reports Q3 earnings: iPhone sales continue to slide, but Apple beats estimates

a shared story    11 hours 57 minutes ago
What goes up must come down, and Apple is in the midst of a tough lesson in gravity at the moment. The company's second-quarter earnings report this past April marked the first time Apple had ever reported a decline in iPhone sales. Of course, the decline...(more) 

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