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Manufacturing behemoth Foxconn (Hon Hai) has announced a record net loss of $226 million on turnover of $2 billion for the first half of the year. Unsurprisingly, it attributed the loss to the European debt crisis, global economic slowdown and its customers "continuous struggle" for market share. W...

2 years ago 0 Comments
August 28, 2012 at 6:05AM
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[Prinny Blog] Disgaea developer and publisher Nippon Ichi didn't have the best 2009, dood. Last week, the company announced its earnings for the first nine months of its fiscal year (ending December 31, 2009), recording operating profits 97.5% lower than those of 2008. This week, reacting to the...

5 years ago 0 Comments
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NPD, known in the video game world for its US sales charts, has released its first study of the Black Friday phenomenon. "The Anatomy of Black Friday 2009" is based on a survey of 1,700 shoppers about their Black Friday shopping activities. Why, exactly, did shoppers wake up at ridiculous times and ...

5 years ago 0 Comments
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You can tell the recession is dramatically affecting folks all over the United States when stories about kidnappers forcing their detainee to buy them gaming consoles arise. That's exactly what Kyle Yarkosky is alleging that David Daniels and another unnamed suspect did to him, after forcing him at...

5 years ago 0 Comments
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Oh, global economic crisis, when will you stop claiming our favorite companies? Oh, wait, it's just i-mate folding this time? So, the company that already laid off its US staff is totally going away? We can live with that. It seems i-mate's remaining employees in Dubai Internet City were told yest...

5 years ago 0 Comments
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Oh, global economic crisis, when will you stop claiming our favorite companies? Oh, wait, it's just i-mate folding this time? So, the company that already laid off its US staff is totally going away? We can live with that. It seems i-mate's remaining employees in Dubai Internet City were told yest...

5 years ago 0 Comments
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Ahhh, the stock market: The yo-yo that makes people jump for joy or jump off twenty-story buildings. Playing it can be just as exhilarating, frightening, and expensive as a high-octane weekend bender in Free Realms. Well, almost... With the quote-unquote Global Economic Crisis we've been going thr...

5 years ago 0 Comments
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We always knew that any company courageous enough to take a technology designed to help mega-corps monitor their inventory levels and make it mainstream would face an uphill battle, but we never envisioned Nabaztag caving entirely to the pressure. If a snippet in a recent issue of Les Echos (a Fre...

5 years ago 0 Comments