Items tagged with Business
Things were looking bleak for EA ahead of Respawn launching Apex Legends earlier this year. Apex single-handedly turned EA's sagging stock around, and the game had 10 million players in only three days. Despite the standout title, EA has announced that it has laid off hundreds of workers across its marketing...
Read more...
Samsung is warning today that its coming financial results will be disappointing as prices for chips and LCDs have fallen as smartphone sales continue to slow. Samsung and Apple have both experienced sales slowdowns as they continue to push prices of smartphones higher in the face of lengthening upgrade...
Read more...
Last week we talked about the small round of layoffs at Valve that mostly affected workers from the virtual reality (VR) division. Valve maintained at the time that the reduction in workers didn't mean it was abandoning the VR space. In addition to the 13 Valve employees who were terminated, Valve also shed some...
Read more...
When the father of Android, Andy Rubin, left Google and later launched Essential Products, the world expected big things. The launch of the Essential Phone proved that just because you are the father of the most popular operating system for mobile devices doesn't mean people will flock to your new products. The...
Read more...
Andy Rubin is the father of the Android operating system that powers hundreds of millions of smartphones around the globe. Rubin broke away from Google and eventually wound up at a new company called Essential Products Inc. The company's first smartphone was the Essential Phone and it flopped massively. Reports...
Read more...
The name Cambridge Analytica has become synonymous with the illicit use of Facebook user data over the last few months. Facebook originally claimed that Cambridge had exploited the data of 50 million users during the last U.S. Presidential election. The social giant came back later and said that Cambridge Analytica...
Read more...
WhatsApp co-founder of Jan Koum is sitting on what is estimated to be a $9.1 billion fortune, and he will have plenty of time to enjoy that cash now that he has departed the company. That massive fortune came to Koum and WhatsApp co-founder Brian Acton when Facebook purchased their company back in 2009 for $22 billion...
Read more...
Samsung Electronics has announced its estimates for Q1 operating profit, which jumped 56% to a record high. Analysts believe that the increased profit estimates have to do with high demand for DRAM memory chips. That record demand for memory could be an offset to the glut of inventory Samsung has on the display side...
Read more...
Apple has made a crucial hire away from with John Giannandrea, who previously served as the search at Google. Giannandrea and Google announced early this week that he was stepping down from his role, but exactly where Giannandrea was going was unknown at the time.
Giannandrea will be the head of Apple machine...
Read more...
To say that Huawei has been beleaguered of late would be an understatement. The company has seen all hopes of distributing its smartphones in the U.S. thwarted, be it from wireless carriers or from nationwide retailers. Much of trouble that Huawei has been faced with comes as U.S. authorities are concerned about its...
Read more...
Hewlett-Packard has unveiled a new device for virtual meetings and conferences that is called the Elite Slice for Meeting Rooms G2 with Skype Room Systems (that's a mouthful) along with a new 43-inch diagonal 4K conferencing display.
The Slice integrates all the voice, video, and data capability needed for...
Read more...
Facebook is working hard to change how it operates to make the social network a more inviting place for users to connect with friends. Doing this involves bringing the hammer down on fake news and allowing the Facebook masses to determine what news sources they trust. Facebook has announced that one of the things it...
Read more...
Atari has just announced something that will surprise all the gamers out there who grew up on its consoles and games. The company made a big unveil today and while it's not a new console or game, Atari will actually be minting its own new type of cryptocurrency. The new altcoin type will be called "Atari Token" and...
Read more...
Gamers, for the most part, aren’t big fans of microtransactions in games. However, modern games are festooned with microtransaction for things you can buy in the game to upgrade characters and weapons all to make the game easier to defeat and to make progression faster. Whatever your feelings about microtransactions...
Read more...
Snapchat isn’t having any of it, when it comes to employees leaking confidential data. The parent company of the popular app, Snap Inc., has laid down the law with a new company-wide memo that tells employees that it could seek jail time against them and that they could be personally financially liable if they leak...
Read more...
Apple is happy with the Trump administration new tax policies that will allow it to bring a massive stash of cash that's been stuck overseas back to the U.S. Apple has announced what it plans to invest in when that massive stockpile is back in America (other than possibly buying Netflix). The company will concentrate...
Read more...
Reports are going around that Softbank is intending to list the mobile phone unit SoftBank Corp. in Tokyo and abroad this year. Any potential public offering would be a massive money generator with some estimating that it could bring in 2 trillion yen, which is about $18 billion. SoftBank has the potential to be one of the largest ever IPOs
Read more...
Apple is sitting on one of the largest cash reserves of any technology company on the planet, and every now and again it reaches into its piggy bank to purchase companies relevant to its interests. Apple has recently purchased Shazam, the app that is most famous for for identifying songs. Shazam not only identifies...
Read more...
Netflix is easily the most notable streaming video service out there and the thing that helps keeps it that way is the wealth of original programming that the network offers. Not only does it have a lot of original content including shows and movies, but that content it's typically VERY good. The downside to this...
Read more...
Google has announced a significant change in how it handles digital publications that show stories and news items on Google Search results and on Google News. Google had a policy in place in the past called First Click Free that required websites listed in Google News or in Google's search results to offer a minimum...
Read more...
After 11 months of negotiating, the SAG-AFTRA and 11 different game companies have reached a tentative deal that is expected to see voice actors for video games head back to work. The strike started back in October 2016 and this week a tentative agreement has been reached. Among the 11 video game companies that...
Read more...
Roku has been one of the leading makers of streaming set top boxes for a long time now and it has some serious competition in the market. Those competitors include Amazon and Apple and that competition will only grow. A rumor is making the rounds that an Apple TV supporting 4K HDR is set to debut alongside the iPhone...
Read more...
