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Sony cuts sales target for cameras, smartphones for 2014-15TOKYO (Reuters) - Japan's Sony Corp lowered its sales target for digital cameras to 1.3 trillion yen ($12.7 billion) for the fiscal year to end-March 2015, from a previous estimate of 1.5 trillion yen. Sony also cut its sales target for smartphones and tablets to 1.5 trillion yen in it... ...Read More »Entertaining change: Sony to look at activist's spin-off ideaBy Tim Kelly TOKYO (Reuters) - Few foreign activist investors have made much headway in forcing change in Japan, where a conservative corporate culture favors long-standing ties with banks, business partners and workers rather than shareholders seeking value. Struggli... ...Read More »New Xbox One Entertainment Console UnveiledMicrosoft's new Xbox One entertainment console seeks to deliver the Holy Grail of home entertainment. It lets you watch television, play movies, listen to music and browse the Internet as well as play video games. (May 22) ...Read More » |
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Sony to assess spin-off plan; cuts targets for cameras, smartphonesBy Tim Kelly TOKYO (Reuters) - Sony Corp cut its sales targets for digital cameras, smartphones and tablets by 13-17 percent for the year to end-March 2015, but said there were encouraging signs of a revival in its electronics business. CEO Kazuo Hirai told a press ... ...Read More »China's Ai Weiwei launches musical career with heavy metal "Dumbass" singleBy Maxim Duncan BEIJING (Reuters) - Dissident Chinese artist Ai Weiwei made his first foray into the musical world on Wednesday with the release of the top single from his debut album, a song called Dumbass that takes inspiration from his detention in 2011. The vide... ...Read More »Singer Kellie Pickler jives to victory on "Dancing With the Stars"By Andrea Burzynski NEW YORK (Reuters) - Country singer Kellie Pickler won the 16th season of ABC's Dancing With the Stars on Tuesday night, winning over judges and TV audiences with her graceful style and high-jumping jives with partner and professional dancer Derek Hough. ... ...Read More »Rare "Harry Potter" first edition fetches record auction price(Reuters) - A unique first edition of Harry Potter and the Philosopher's Stone annotated by author J.K. Rowling has sold for a record 150,000 pounds ($227,421) at a London charity auction, Sotheby's said on Tuesday. The 1997 book, featuring handwritten notes, 22 original illustra... ...Read More »New Xbox: Whats Better, Whats MissingEight years after the debut of the Xbox 360, Microsoft has announced the Xbox One. ...Read More »Mexican tycoon Slim seeks funding details of U.S. protest groupBy Elinor Comlay MEXICO CITY (Reuters) - A U.S. cellphone company owned by Carlos Slim has asked Californian authorities to investigate the funding behind protests against the Mexican tycoon by lobby group Two Countries, One Voice. The group has been leading U.S. prot... ...Read More »Hair-Raising Headlines and Small Business StrategiesNew York newsman Pat Kiernan talks about his CNBC show, Crowd Rules, and reads Ali a very special set of headlines. ...Read More »PayPal fires up new data center to support growthBy Alistair Barr SAN FRANCISCO (Reuters) - PayPal has opened a new data center to help the online payment division of eBay Inc handle its rapid growth, President David Marcus said on Tuesday. The addition means PayPal now has four primary data centers, which it runs f... ...Read More » |
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