Stories by Jay Alabaster

Sega acquires US online game developer Three Rings

Sega said Friday it has acquired U.S. online game developer Three Rings Design, in an effort to grow outside its traditional video game business overseas.

Written by Jay Alabaster18 Nov. 11 15:08

Panasonic to sell TV panel factory to new Japan Display venture

Panasonic said Tuesday it will sell one of its main domestic TV panel factories to a new joint venture focused on producing smaller screens, as Japan's big-name manufacturers continue to seek relief from deep losses in their display businesses.

Written by Jay Alabaster15 Nov. 11 19:44

Ebooks vs. Print books

The question about ebooks is not if they will pass print, but when.

Written by Jay Alabaster04 Nov. 11 07:10

Sony books 2Q loss as TVs, PlayStation weigh on profits

Sony said Wednesday it booked a deep loss during its fiscal second quarter ended Sept. 30, and now expects to be in the red for the entire year, weighed down by poor sales of its TVs and the strong yen.

Written by Jay Alabaster02 Nov. 11 18:14

Nintendo Wii U to launch after March 2012

Nintendo said Friday its new Wii U game console will go on sale during the next fiscal year that begins in April, and the company will look to avoid the problems it has had with its latest handheld.

Written by Jay Alabaster28 Oct. 11 15:35

Nintendo 3DS 2Q sales rebound as price cuts kick in

Sales of Nintendo's 3DS handheld game console rebounded over the last quarter as it slashed prices, but the company said it is facing deep financial losses, and doesn't expect a true turnaround for the device until a host of new games are released over the next few months.

Written by Jay Alabaster27 Oct. 11 19:35

Olympus replaces CEO as scrutiny of past deals grows

Olympus abruptly replaced its CEO on Wednesday after less than two weeks on the job, as pressure continues to build on the company over questionable deals in recent years.

Written by Jay Alabaster26 Oct. 11 23:39
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