Japanese game giant Nintendo on Thursday posted its first-ever annual loss since becoming a public company, blaming a soaring yen and price cutting on its consoles for losing about $530 million.
The Kyoto-based company said it lost 43.2 billion yen ($530 million) in the fiscal year through March, reversing a year-earlier profit of 77.62 billion yen, although the result was not as bad as the 65 billion yen loss it had forecast this year.Full Story
The non-profit group behind the thought-provoking TED conferences on Wednesday launched a website devoted to video lessons cleverly crafted to captivate students.
A beta version of TED-Ed website went live at ed.ted.com with an open invitation to teachers to use video clips from its nascent library or Google-owned YouTube for assignments.Full Story
People in China are not only making coveted Apple gadgets, they are snapping them up as the booming nation becomes a top market for the trend-setting California Company.
Aftershocks of blockbuster Apple earnings powered by demand for iPhones in China echoed in rising stock markets on Wednesday.Full Story
Twenty-two-month-old George sits on a tiny blue chair, at a baby-sized desk, playing with a grown-up toy -- an iPad, sign of a powerful trend that has set alarm bells ringing among child development experts.
Leaning over the tablet, the little Parisian finger-stabs the duck icon on "Moo Box", an application with animal images that let out moos, oinks and barks.Full Story
One of China's most popular micro blogging services has shut several accounts for spreading "malicious" rumors, as Beijing tightens control over the Internet after the ouster of a top leader.
The move followed a broad crackdown on the Internet after rising political star Bo Xilai's downfall in March, sparking a series of online rumors, including one suggesting his supporters had staged a coup.Full Story
Skype made its debut Tuesday on PlayStation Vita, making its leading Internet video or voice calling service available on Sony's sophisticated videogame handset.
A Skype application for PS Vita devices began rolling out to PlayStation Store in the United States and was due to become available for download in Europe and Asia on Wednesday.Full Story
Google on Tuesday launched a long-anticipated "Drive" service that lets people store photos, videos, and other digital files in the Internet "cloud."
Google Drive accounts with five gigabytes of storage were available free at drive.google.com and upgrades to more space on servers in the California Company’s data centers were available at rates set by size and country.Full Story
Apple's coffers continued to swell in the first three months of the year due to record sales of iPhones and iPad tablet computers, particularly in China and other parts of Asia.
Apple reported on Tuesday that it made a profit of $11.6 billion on revenue of $39.2 billion in the quarter ended March 31. The amount of cash Apple had on hand grew $12 billion to $110.2 billion.Full Story
Apple is set to report another record quarterly profit on Tuesday, continuing the relentless string of results that's made it the world's most valuable company. Those profits don't come out of thin air: A range of businesses —from the company's wireless carrier friends to its PC-making foes— are seeing their profits melt away and flow to Apple's bottom line.
Apple's success is good for the U.S. economy, and some businesses, like software developers and memory-chip makers, have benefited from the disruption Apple is causing. But its enormous gains have resulted in others' pains, sometimes in unexpected places.Full Story
The FBI warned Monday that more than 300,000 Internet users worldwide could lose their Web access starting in July following a multi-million-dollar scam.
But users can breathe a sigh of relief as a solution is just a few clicks away at dcwg.org, a website the FBI created so people could check whether they have been infected with malware and remove any malicious software.Full Story