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Qualcomm says China virus threatens phone industry disruption
Chip maker Qualcomm Inc said on Feb 5 that the coronavirus outbreak in China poses a potential threat to the mobile phone industry, with a possible impact on manufacturing and sales.
Analysis: If Apple is hurting due to the coronavirus, its suppliers and rivals likely are too
Apple Inc's surprise warning that it will likely fall short of this quarter's sales target due to the coronavirus epidemic points to much pain for its chip and other suppliers as well as for rivals who also rely on China to build their products.
SoftBank-backed effort to revolutionise gaming industry is struggling
Worlds Adrift was supposed to be a multiplayer game like no other: think Minecraft meets Second Life. Released to some users in 2018, the virtual world promised to take immersive gaming to another level by using a new technology from SoftBank-backed wunderkind, Improbable Worlds Ltd.
Sony plans limited PlayStation 5 output in first year
Sony Corp plans to produce far fewer units of its upcoming PlayStation 5 in its first year than it had for the previous-generation console’s launch, according to people familiar with the matter.
Bitcoin is staging a comeback reminiscent of 2017 bubble frenzy
It’s been left for dead more than once, written off as nothing but a bubble and denounced as rat poison by one of the world’s most famous investors. Yet Bitcoin is once again staging a comeback reminiscent of the token’s glory days, with evangelists pegging their hopes on a technical event as the new catalyst.
Indonesia to impose VAT on Internet giants from July
Indonesia will require big Internet companies to pay value-added taxes (VAT) on sales of digital products and services from July as part of efforts to boost revenue amid the coronavirus pandemic, a tax official said on Friday.
Japanese college dropout builds US$560mil fortune through AI firm
Taku Toguchi knew he wanted a career in artificial intelligence as far back as when he was a teenager.
Nintendo profit smashes analyst estimates with ‘Animal Crossing’
Nintendo Co’s profit blew past all estimates after Animal Crossing sales almost doubled and supply shocks eased, suggesting the Switch console will hold up well against new competition in the coming holidays.
The party’s over for money-losing fintechs as funding tap shuts
Europe’s fintech upstarts have added millions of users and billions of deposits in their venture-capital fueled boom the past few years. And now the fight to one day turn a profit is becoming a battle for survival.
Microsoft to buy Bethesda for US$7.5bil to boost Xbox
Microsoft Corp said on Sept 21 it plans to acquire ZeniMax Media Inc, owner of the storied video game publisher Bethesda Softworks, for US$7.5bil (RM30.93bil) in cash, marking its biggest video game purchase ever.