Sony mulls hedge fund's entertainment sale idea
Sony's CEO Kazuo Hirai says the electronics giant's board will discuss a proposal by U.S. hedge fund manager Daniel Loeb to spin off up to 20 percent ...
Asia stocks rise as Fed official backs easy policy
Asian stock markets were mostly higher Wednesday after investor confidence was boosted by a Federal Reserve official's comments that the U.S.
Microsoft touts Xbox One as all-in-1 entertainment
Microsoft thinks it has the one. The company unveiled the Xbox One, an entertainment console that wants to be the one system households will need for ...
The new consoles from Microsoft, Nintendo and Sony
Microsoft is the last of the three big video game console makers to unveil its latest gaming system. The unveiling comes nearly eight years after the ...
'Star Trek' beams up $70.1M at box office
"Star Trek: Into Darkness" didn't warp past its predecessor. The sci-fi sequel directed by J.J. Abrams earned $70.1 million in its opening weekend.
'Trek' does $70.6M but falls short of studio hopes
"Star Trek: Into Darkness" has warped its way to a $70.6 million domestic launch from Friday to Sunday, though it's not setting any light-speed ...
'Sonic' video games coming to Nintendo
Sonic the Hedgehog is rolling with Nintendo. Sega says it will exclusively release the next three games starring the popular blue critter on Nintendo ...
Asia stocks up as US small business mood improves
Enthusiasm on Wall Street sparked by another positive report on the U.S. economy helped push most Asian stock markets higher Wednesday. The National ...
Hedge fund boss Loeb lobbies for breakup of Sony
The U.S. hedge fund manager renowned for shaking up Yahoo Inc. has set his sights on Sony Corp., proposing that the Japanese electronics giant spin ...
'Iron Man 3,' 'Gatsby' combine for big business
"Iron Man 3" maintained its box office mettle with $72.5 million in its second weekend, while "The Great Gatsby" proved a strong runner-up with a $50.
'Gatsby' gives 'Iron Man 3' a run for its money
Gatsby looks almost as great as a superhero at the weekend box office. Leonard DiCaprio's "The Great Gatsby" partied like it was the Roaring '20s with ...
Panasonic reports big loss but forecasts profit
Japanese consumer electronics giant Panasonic Corp. on Friday reported a near-record net loss of 754 billion yen ($7.5 billion) for the fiscal year ...
Sony back in black on cheap yen, healthier sales
Sony Corp. is back in the black for its fiscal fourth quarter, recording a 93.9 billion yen ($948 million) profit, with big help from a weaker yen ...
'Iron Man 3' finishes with $174.1M opening weekend
Disney's Marvel Studios continues to mine precious metal with a $174.1 million opening weekend for "Iron Man 3," the second-biggest domestic debut ...
Will Downey suit up again after $175M 'IM3' haul?
Iron Man reigns as the standard-bearer of Hollywood superheroes with a $175.3 million domestic opening weekend for his latest sequel and an overseas ...
'Pain & Gain' leads US box office with $20.2M
Mark Wahlberg's true-crime romp "Pain & Gain" led the domestic box office with $20.2 million over a quiet weekend that preceded the start of ...
'Iron Man 3' rules world, 'Pain & Gain' takes US
"Iron Man 3" was the heavy-lifter at theaters with a colossal overseas debut that overshadowed a gang of mercenary bodybuilders in a sleepy pre-summer ...
Ericsson Q1 profits dive on restructuring costs
Wireless equipment maker Ericsson said Wednesday that a 2 percent gain in sales in the first quarter was not enough to prevent an 86 percent slump in ...
LG Electronics' profit plunges on slow TV sales
LG Electronics Inc. said Wednesday its first quarter earnings shrank to less than one tenth of the year-earlier quarter as its TV business languished, ...
Nintendo returns to profit on weak yen boost
Nintendo Co. returned to profit for the fiscal year ended March 31 as a lift from the weakening yen offset sales struggles caused by software delays ...
'Oblivion' blasts off with $37M at box office
"Oblivion" cruised to the top of the weekend box office. The Tom Cruise science-fiction thriller led Hollywood with a $37 million debut. Though many ...
Fans sink into Cruise's 'Oblivion' in $38.2M debut
Movie fans slipped into "Oblivion" as the Tom Cruise sci-fi thriller led Hollywood with a $38.2 million debut, according to studio estimates Sunday.
Taiwan tech industry faces up to Samsung
Taiwanese companies have long viewed tech giant Samsung as a major threat and the battle has recently appeared to tilt in favor of the South Korean ...
SKorea plans $15 bln extra budget to boost economy
South Korea's government announced a $15.3 billion stimulus plan Tuesday to boost slowing growth in Asia's fourth-largest economy. The stimulus would ...
Jackie Robinson Day: '42' wins weekend with $27.5M
The Jackie Robinson drama "42" led the domestic box office with $27.5 million in its opening weekend, 66 years after he became the first black player ...
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