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Sony PS3 - no price cuts this year

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With the recent price drops from Microsoft for their Xbox 360 console, it would have been a fair bet for anyone that Sony would have followed suit to compete. If you were a betting person,...

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EMI faces 2,000 job cuts

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Guy Hands, the private equity owner of EMI, plans to cut up to 2,000 jobs at the ailing British music company, in a plan to rebuild the group which has sparked fury from some of...

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Palm Cuts Staff by 10%

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Palm Inc., the troubled maker of Treo smart phones, laid off about 10 percent of its work force this week to cut expenses, according to an anonymous source familiar with the situation. The Sunnyvale-based company...

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Apple Sued Over iPhone Price Cuts

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An owner of Apple's iPhone filed a federal lawsuit against the digital media giant, claiming that the price reduction injured early adopters, like herself, because they cannot resell the product for the same profit as...

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Burma Cuts Internet Access

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The ruling junta in Burma has cut internet access to citizens in an attempt to stop footage of pro-democracy protests escaping the country. Internet cafés have been closed and the state ISP is claiming that...

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AMD has announced that it has ended its close relationship with UK system-builder Evesham, which became insolvent earlier this year and was rescued from administration by Dubai-based PCC Technology at the beginning of this month....

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Sony cuts Playstation price in US

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While Sony is faring well in Japan, sales are lagging in the US. Sony is slashing the price of its PlayStation 3 games console by 17% in the US to boost sales. As a result...

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Google is to cut the length of time it holds users' personal search data. The move comes in response to a data protection group that wrote to the firm questioning its privacy policies. The European...

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In the wake of last month's HD DVD player rebate program, the HD DVD Promotional Group happily announced that HD DVD players now constitute 60% of all standalone high-definition players sold. So far, consumers have...

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AMD has cut prices on its high-end dual-core desktop processors and has announced its new restructuring plans to compensate for reduced quarterly revenue. As usual, prices are in 1,000 unit quantities. The price cuts affect...

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Tomorrow AMD is expected to release two 90nm revision "F3" stepping dual-core Opteron processors: x220-series and x218 HE-series. The new revision "F3" is also featured on the Athlon 64 FX 70-series and the 3.0GHz Athlon...

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Following Nokia, Motorola is the world's second-largest wireless handset vendor. Despite the company's recent success, Motorola has recently reported a 48% plunge in its fourth quarter profit, from $1.2 billion in 2005 to $624 million...

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EA cuts workforce

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As reported by various websites, Electronic Arts has notified around 350 of their employees (about 5% of their employees) that they will be no longer needed at the company due to EA being in a...

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Several analysts have seen that there seemed to be a price drop for the games of Xbox, PlayStation 2 and Gamecube. Today, the world's biggest game publisher,Electronic Arts, proved industry experts correct. The prices of...

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