• Report: Panasonic To Cut 40,000 Jobs

    A little bird has told Reuters that Panasonic’s earnings call, due to start shortly, will bring news of huge layoffs in the works. The company is expected to announce 40,000 jobs will be cut from its 380,000-strong workforce. The cuts, which would take place over the next two years, would be the result of continuing “streamlining” in the face of tough competition. Just a… Read More

  • Acer Acknowledges Its Whole Strategy Needs Reassessment

    Acer is realizing that the iPad isn’t going to topple itself. While the strategy of just making shells for other companies’ OSes and components has worked for Acer for years, that clearly isn’t an approach that had any effect at all on the iPad’s dominance of the tablet sector. People will get tired of the closed iOS, said Acer, and just spontaneously choose a… Read More

  • Samsung Dinged For $32 Million In Price-Fixing Case

    This ongoing price-fixing scandal has resulted in nearly a billion dollars in penalties dealt out to Samsung and other LCD component makers over the last few years. We’ve seen a few of these cases, and it’s all crazy high-level business stuff, but we thought we should update you with the news that yes, it’s still going on, and yes, some fools are being charged cash money. Read More

  • Hitachi GST Sold To Western Digital For $4.3 Billion

    The storage arm of Hitachi, Hitachi Global Storage Technologies, has been bought by Western Digital for a combination of cash and shares totaling $4.3 billion. It was just last year that WD surpassed Seagate in terms of hard drives shipped, but both companies are facing a challenge as consumer and local storage trends more towards high-speed flash, leaving spinning drives in their dust. Read More

  • Apple Geniuses Get Down To Business

    Apple’s new JointVenture service is a business-grade Genius Bar for small to medium-sized business. For $499 you get support for 5 employees with the option to add employees for $99 a year. You get priority Genius Bar support and are allowed to attend special events geared to business users. You also receive phone support from folks who know about your specific needs and wants. Read More

  • Samsung Snaps Up E-Paper Tech Company Liquavista

    It was just a few months ago that we heard Samsung was leaving the e-paper e-reader business to focus on LCD-based systems. Those reports may have been mistaken, as the tech giant has just purchased Liquavista, a company originally spun off from Philips, and which is working on improved electrowetting techniques. Read More

  • UK Retailers Threaten To Ban Publishers That Use Steam – Good Luck With That

    Some people just won’t accept their obsolescence quietly. A number of game retailers in the UK are outraged that their customers might get games from the secure and convenient Steam instead of leaving their houses and traveling across town to get it from their brick-and-mortar store. Consequently, they are threatening not to stock games from publishers who use the digital… Read More

  • Chunghwa Telecom And Intel To Talk Smart TV Tech

    Does it strike you as a little bit late to start talks on smart TVs? Me too, but to be fair, this isn’t Chunghwa and Intel’s first time to the rodeo. Reports have the tech giants getting together for a friendly chat later in the month. I’m sure “what’s best for the consumer?” will be #1 on their agenda. Read More

  • Kinect Competitor Gets Cash Infusion

    While most of the talk these days has to do with the Wii-Move-Kinect motion control melee, there are a few third party developers out there who are still doing their own thing. Softkinetic makes motion control development software and a few fitness games that compete with Wii Fit and so on. They’re getting a bit of a bump as a series B fundraising round ends, netting them $10 million to… Read More

  • Tesla Reports Q2 Financials (updated)

    Tesla has released the details of their 2010 Q2 financial performance, and it looks like things are coming up roses for the nascent auto maker. Sales are up, with nearly $27m in sales coming in — translating to a total of around 250 Roadsters shipped. Their gross margins are up, though; their business is growing, and hopefully cash on hand will suffice to pay for R&D and… Read More

  • DLC Is Here To Stay: 20 Million Call Of Duty Map Packs Sold

    If anyone wants to know where to find me, I’ll be in my cave, banging two rocks together. That seems to be the only place for me, since I can’t seem to wrap my head around DLC as a good thing — yet millions have decided to shell out, just recently passing the 20,000,000 sold mark for the Call Of Duty franchise. Congratulations all around, I guess, as they have clearly put out… Read More