Sony Entertains Mulling Activist's Spin-Off Idea
Sony says its board will discuss a proposal by U.S. hedge fund manager Daniel Loeb to spin off up to 20 percent of its movie, TV and music division.
Sony says its board will discuss a proposal by U.S. hedge fund manager Daniel Loeb to spin off up to 20 percent of its movie, TV and music division.
U.S. stocks rallied to fresh highs on Tuesday as investors picked up large-cap companies' shares on the expectation that central bank stimulus will propel the rally further.
Billionaire Carl Icahn has nominated himself and a slate of 11 others as directors at Dell. Icahn is leading an effort to block chairman Michael Dell from taking Dell private.
Panasonic forecast its operating profit will rise 55 percent in the year ending March 31 as it steps back from struggling operations in TVs and other consumer gadgets.
Sony is back in the black for its fiscal fourth quarter, recording a $948 million profit, with big help from a weaker yen that boosts overseas earnings.
Sales of video games and consoles have been sluggish, but shares of the game makers are soaring as investors focus on what they hope will be an exciting future.
What’s the next big thing? A number of companies are placing bets on wearable technology. Reports today say Samsung is developing a wearable, digital smartwatch.
Next week, Sony will unveil the PlayStation 4, and it's not just Sony that needs it to be a hit. After a soft sales start for Nintendo's Wii U, and Microsoft's risky plan for the Xbox 720, the whole gaming world should be rooting for the PS4.
Forget transforming your living room: There are a dozen or so automakers at this year's Consumer Electronics Show in Las Vegas proposing new technologies to transform your car, from Bluetooth health-monitoring to self-driving vehicles.
Sometimes, no matter how many months a company invests in development or how many millions it spends on marketing, a new product can fall flat on its face. That's what happened to these new offerings, the biggest product flops of 2012.
Apple is testing smart TV designs with major Asian component suppliers, The Wall Street Journal reports. And executives at some suppliers for the world's most valuable tech company are confirming that designs for a large-screen high-def television are in the works.
Buying a new Nintendo Wii U gaming system hasn't been that hard. Getting it to work properly once you own it ... that's been another story. In a rush to get the Wii U out in time for the holiday shopping season, Nintendo shipped it with an issue that's causing big headaches.
Gaming companies have been trying for years to make their products more than just consoles, but the center of the living room, combining gaming, TV, and other media options. Could Nintendo's Wii U system, with its Wii TVii, be the one that finally succeeds?
Can you tell a person's political affiliation from where they do their shopping? According to "global neuro-insight firm" Buyology, you can. And Buyology's come up with some peculiar political observations from the world of retail.
Can you tell a person's political affiliation from where they do their shopping? According to "global neuro-insight firm" Buyology, you can. And Buyology's come up with some peculiar political observations from the world of retail.













