Barnes and Noble Spins Off Nook Tablet
APRIL 30, 2012 ● Barns & Noble plans to spinoff its Nook tablet business into a separate company in order to better compete with Amazon.com’s Kindle products. To that end, Microsoft [...]
Nintendo Operating Loss First Ever
APRIL 27, 2012 ● Nintendo Co. Ltd. reported its first ever Nintendo operating loss, ¥37.3 billion ($460 million) for the fiscal year ending March 31. Although its Wii system has been a big hit [...]
Zynga Games Are 11% of Facebook’s Revenue
APRIL 23, 2012 ● For the three months ending March 31st, Facebook recorded $1.06 billion in first quarter revenue. More interestingly, virtual item sales from Zynga games, and Zynga advertising, [...]
Sony Layoffs Announced After $6.4 Billion Loss
APRIL 10, 2012 ● Sony Corp. announced an annual net loss of $6.4 billion, which means its investors have not seen a profit in four years. The company said sales of TVs were down almost 30%, with [...]
