JUNE 11, 2011 • The Nikkei business daily reported that Nintendo summer bonuses to its employees will be cut by 20% this year as a result of poor performance that culminated in the [...]
MAY 2, 2012 ● Microsoft is introducing a new Xbox 360 subscription business model that takes after mobile phone contracts. The company is now offering a 4GB 360 console with Kinect for $99. [...]
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 [...]
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 [...]
APRIL 1, 2012 ● According to a Drexel University study, resetting an Xbox 360 to original factory settings does not delete previously stored Xbox 360 credit card data from the hard drive. The [...]
