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Sony Explains PS3 Slim's Loss of OtherOS and Linux Options 400°
August 28, 2009 // 4:37 pm - Recently we learned that the PS3 Slim didn't lose the OtherOS and Linux functionality due to a security hole, however, many were left wondering why Sony ditched them.

Today, (linked above) has a definitive answer- to cut costs and be able to pass the savings on to the consumer.

To quote: "A forum response on Sony's official Linux for PlayStation 2 developer community sheds some new...

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Sony Posts $390M Loss as Bravia TV and PlayStation Sales Slump 100°
July 30, 2009 // 4:14 am - According to Bloomberg, today Sony Corporation has reported a second straight quarterly loss as the stronger yen pushed the company further behind Samsung Electronics Company in television sales, and the global recession drove down demand for videogame machines.

The net loss was 37.1 billion yen ($390 million) in the quarter ended June 30, compared with profit of 35 billion yen a year earlier.

To quote: The result beat estimates after Chief Executive Officer Howard Stringer cut jobs and shut factories to revive a company that's lost its lead to Samsung in TVs,...

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Sony Announces First Profit Loss in 14 Years Today 100°
May 14, 2009 // 9:09 pm - Sony today (5/14/09) announced that amid a drop in sales has had a loss of 98.9bn yen ($1.04bn; £685m) at the end of March compared to it's profit of 369.4bn yen last year.

Sony blames the currently strong yen and global economic downturn for the loss of profit this year. Sony had cut around 8,000 jobs and closed 10% of it's factories earlier this year in an attempt to slow the loss in revenue.

This current loss in profit is not unexpected though it is better than what Sony had originally predicted in January, which they said would be a loss of 150bn yen.

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Sony Warns of $2.9 bln Loss, Steps Up Restructuring Plan 250°
January 22, 2009 // 11:25 pm - Following up the restructuring announcement from earlier this week, today Sony has warned that it could post a massive $2.9 billion annual operating loss due to decreasing demand and a stronger yen.

It also revealed fresh restructuring steps to revive its ailing electronics operations, to quote:

Sony Corp warned it would post a record $2.9 billion annual operating loss due to sliding demand and a stronger yen, and unveiled fresh restructuring steps to revive its ailing...

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New XBox Experience Causing HDMI Sound Loss Issues 50°
November 21, 2008 // 9:52 pm - According to a thread at the AVForums, several Xbox 360 users are losing all sound after upgrading to the New Xbox Experience.

Evidently the problem only appears in HDMI-connected systems, but there has been one report of someone having the same problem using a SCART connector. Fortunately, there seems to be a fix.

• Turn off the Xbox 360.
• Remove the hard drive.
• Turn on the Xbox 360.
• When the Dashboard loads, put the hard drive back.


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EA Reports $310 Million Net Loss, Cuts Workforce by Six Hundred 50°
October 30, 2008 // 11:07 pm - Word hit today through the grapevine that "massive" layoffs had hit at Electronic Arts. Initially we heard as much as 20 percent of the staff has been let go, but a quick check with Electronic Arts confirms that it was actually 6 percent, or about 600 positions.

"EA is continuing to make progress against our business plan, but we have the constant imperative to keep our costs in line as we grow our revenues and improve our margins," Electronic Arts spokesperson Mariam Sughayer told me. "Decisions that impact people's jobs are always extremely tough but all of the people affected...

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Chip maker AMD still in the red 50°
April 18, 2008 // 4:24 am - Chip maker Advanced Micro Devices has reported its sixth quarterly loss in a row as it continues to lose market share to its rival Intel.

AMD lost $358m (£180m) between January and March, even though sales were up 22% on the same period a year ago. The firm had warned recently that sales were weak across all product lines.

AMD's fortunes are in stark contrast with that of Intel and other tech companies, which have reported robust earnings in recent weeks. The company recently announced that it would cut 10% of its global work force, with a loss of about 1,600 jobs....

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