Sony to lay off 900 workers from PlayStation division, or 8% of unit’s global workforce
Sony aims to sell 18 million PlayStation 5 consoles in its financial year ending in March 2023. Thiago Prudencio | Lightrocket | Getty Images Sony Interactive Entertainment on Tuesday said it will lay off about 900 employees in its PlayStation…
Honor developing own smart ring after Samsung debuts Galaxy Ring
George Zhao, Chief Executive Officer of Chinese consumer electronics brand Honor, smiles as he shows the new Honor Magic 6 Pro smartphones during a presentation on the eve of the Mobile World Congress (MWC), the telecom industry’s biggest annual gathering,…
Motorola shows off concept smartphone that can wrap around your wrist
Motorola’s “adapative display concept” smartphone can wrap around a user’s wrist. The phone can generative a background to match what a user is wearing. Arjun Kharpal | CNBC BARCELONA, Spain — Motorola thinks we may be wearing our phones on…
Unity (U) Q4 2023 earnings report
Pavlo Gonchar | Lightrocket | Getty Images Unity Software shares plummeted 17% in extended trading on Monday after the gaming software company issued weaker-than-expected guidance for the current quarter. Here’s how the company did: Earnings per share: Loss of 66…
Zoom (ZM) Q4 earnings report 2024
Eric Yuan, founder and chief executive officer of Zoom Video Communications, stands before the opening bell during the company’s initial public offering at the Nasdaq MarketSite in New York on April 18, 2019. Victor J. Blue | Bloomberg | Getty…
Bitcoin rips through $54,000 for the first time since December 2021
Bitcoin. Nurphoto | Getty Images The price of bitcoin shot above the $54,000 level on Monday after waking up from a week of tepid trading. The flagship cryptocurrency was last higher by 5% at $54,384.81, according to Coin Metrics. At…
Why widespread tech layoffs keep happening despite strong U.S. economy
The tech sector is having a big 2024. Nvidia just crushed earnings expectations. The artificial intelligence boom remains in full swing. The tech-heavy Nasdaq index is up more than 8 percent year to date. The U.S. economy is also doing…
UnitedHealth subsidiary Change Healthcare down for a fourth day following cyberattack
UnitedHealth Group Inc. headquarters stands in Minnetonka, Minnesota, U.S. Mike Bradley | Bloomberg | Getty Images Change Healthcare’s systems are down for a fourth straight day after parent company UnitedHealth Group disclosed that a suspected cybersecurity threat actor gained access…
Microsoft invests in Europe’s Mistral AI to expand beyond OpenAI
Microsoft on Monday announced a new partnership with French start-up Mistral AI – Europe’s answer to ChatGPT maker OpenAI — as the U.S. tech giant seeks to expand its footprint in the fast-evolving artificial intelligence industry. Microsoft said in a…
Specs, price, availability and Ultra version
The Xiaomi 14 Ultra. Xiaomi BARCELONA — Xiaomi launched its flagship smartphone globally on Sunday as it looks to keep up its recovery momentum, while also debuting its electric vehicle for the first time in Europe. The Chinese electronics giant…