Earnings: Sony Down On Falling Gadget Sales, High Yen
Sony (NYSE: SNE) has announced a loss for the third consecutive quarter, two months after posting its first full-year loss in 14 years. The… Read more »
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Latest iPhone Goes On Sale In More Countries Today; Lines Forming In Japan, Australia
By Tricia Duryee
photo: AP Images
Lines started forming in at least Japan and Australia as Apple (NSDQ: AAPL) kicked off its second worldwide release of the iPhone 3G S today… Read more »
Mobile Ad Network Toda!Cell Raises $1 Million
By Dianne See Morrison
photo: Toda!Cell
Israeli smartphone ad network Toda!Cell has raised $1 million in its first round of funding led by Israeli VC AfterDox which describes itsel… Read more »
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Earnings: Sony Records First Full-Year Loss In 14 Years
By Patrick Smith
After a long period of uninterrupted growth, Sony (NYSE: SNE) has announced its first full-year loss in 14 years due to a downturn in consum… Read more »
Dow Jones In Joint Venture To Launch WSJ Japan Site
By David Kaplan
WSJ’s overseas expansion is continuing, now that parent Dow Jones (NYSE: NWS) has struck a joint venture with financial services company SBI… Read more »
Exclusive Games Boost PS3 Sales Ahead Of The Wii (In Japan)
By Tameka Kee
Two hot, critically-acclaimed games helped push sales of Sony’s PlayStation 3 past the Nintendo Wii for the first time in well over a year i… Read more »
Sony Slashes Dividend By 15 Percent After Dire Full-Year Forecasts
By Patrick Smith
After admitting it faces its first full-year loss this year, Sony (NYSE: SNE) is slashing its annual dividend by 15 percent from 50 yen per… Read more »
Sony Consolidates Control of Divisions; Stringer Takes On President Title Too
By Rafat Ali
Sony (NYSE: SNE), battered by losses across its major divisions, is now taking steps to consolidate power under current Chairman and CEO How… Read more »
Square Enix Launches $121 Million Bid For Tomb Raider Maker Eidos
By Patrick Smith
Japanese games giant Square Enix, maker of the Final Fantasy series, has launched a £84.3 million ($121.2 million) bid for Tomb Raider deve… Read more »
Earnings: Sony Expects First Full-Year Loss In 14 Years; Will Restructure Games, Music, Movies Units
By Patrick Smith
Sony (NYSE: SNE) revised downward its forecasts for the second time in four months, saying it will suffer a net loss of 150 million yen ($1.… Read more »
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Sony Axes 8,000 Jobs Worldwide; Cuts Production, Investment to Save $1 Billion By 2010
By Patrick Smith
Japanese electronics giant Sony (NYSE: SNE) has announced plans for a global retreat in its electronics division, with 8,000 jobs cuts from… Read more »
IAC Sells Off Its Japanese TV Channel Stake To Sumitomo For $493 Million
By Rafat Ali
IAC (NSDQ: IACI), as part of the rationalization of its business, has sold off its 30 percent equity stake in Jupiter Shop Channel, a Japan… Read more »
Dow Jones To Launch Japanese Site, And Advertisers Are Returning, Thomson Says
By Patrick Smith
With most big media companies retrenching around the world, Dow Jones (NYSE: NWS) has said it plans to expand. The latest evidence is a new… Read more »
Ad Industry Roundup: Display’s Death?; Glam Japan; Collective Media; 24/7 Real Media
By David Kaplan
– Whither display?: The woes of online publishers and ad firms that rely on banner ads and the like have been adding up all year, but the e… Read more »
Ofcom Report: Broadband Sales Slowing, Web Gets Fifth Of Ad Spend
By Patrick Smith
The global communications market reached £876 billion in revenue last year with the UK contributing £39 billion or 4.4 percent of that, th… Read more »
Nintendo Announces DSi With Cameras, Web Browsing And Music Playback
By Matt Kapko
Nintendo is releasing a new portable gaming console dubbed the DSi that features more multimedia features, but specs that fall well short of… Read more »
Broadband Content Bits: FoxSports Shows; ‘Heroes’-G4;’ Easy To Assemble’-CBS; Nippon-Amuse
– FoxSports.com streaming Vuguru show; launching poker series: Michael Eisner’s digital studio has found a home for its latest offering, a… Read more »
Microsoft and Others To Take Stake in Japanese Broadcaster NHK; Streaming Online As Well
By Rafat Ali
Microsoft (NSDQ: MSFT), NTT and Itochu Corp, together with 10 other companies are taking a stake in Japan’s first 24-hour English-language b… Read more »
Japanese Social Net Mixi Sees US Markets In Its Future, Eventually
By Joseph Weisenthal
Top US social nets Facebook and MySpace haven’t been able to capture the top spot in Japan, where publicly traded Mixi reigns supreme. Mixi… Read more »
Earnings: Nintendo Revenues Up 24.3 Percent; Software Revenues Up 39 Percent
By James Quintana Pearce
Nintendo has released its second quarter results, showing a growth in net sales of 24.3 percent year-on-year to 423.3 billion yen (US$3.92 b… Read more »
Earnings: Yahoo Japan Income Up 18 Percent; No Talks With Yahoo On Stake Sale
By Joseph Weisenthal
With Yahoo (NSDQ: YHOO) chatting openly about the possibility of liquidating its Asian assets, the value of Yahoo Japan becomes more signifi… Read more »
Broadband Content Bits: MPAA; Bebo-Paramount; Japanese Comics; CBS HD, Radio
– MPAA creating movie site to fight piracy: The MPAA is developing a yet-to-be named site that will allow users to search for films to lega… Read more »
Brightcove Gets New Funding For Japan Subsidiary; Includes Dentsu
By Rafat Ali
Brightcove, the online video services company which has been quiet for some time now, has launched a new Japanese company Brightcove KK in w… Read more »
Softbank and Alibaba.com Create $20 Million Joint Venture in Japan
By Pearl Research
Alibaba.com and Softbank today announced formation of a joint venture company called Alibaba.com Japan. The total investment will be $20 mil… Read more »
Woulda Coulda Shoulda: Sony Working on PS3 Movie Download Service
By Rafat Ali
By now, I have lost count on the number of times Sony (NYSE: SNE) has started working for movie/video download services for either Playstati… Read more »
Korea Telecom And Softbank Launch $40 Million Fund Aimed At IPTV Content
By Dianne See Morrison
South Korea Read more »
Video Search Engine Foooo Gets $1 Million Second Round
By Joseph Weisenthal
Because Zooomr can’t hog all the o’s, Japanese video search engine Fooooo has raised a $1 million second round from Cyberagent, reports Alar… Read more »
Dentsu And Focus Media Back New Chinese Interactive Shop; $9 Million Invested
By David Kaplan
Japanese ad agency Dentsu and Shanghai-based marketing company Focus Media (NSDQ: FMCN) have agreed to establish a new interactive ad firm.… Read more »
Dubai Investment Fund Takes ‘Substantial’ Stake in Sony; Endorses Management’s Strategy
By Joseph Weisenthal
Dubai International Capital, an investment firm owned by Dubai’s Sheikh Mohammed bin Rashid Al Maktoum, has taken a “substantial”, though un… Read more »
Manganovel Offers Market For Reader-Translators Of Japanese Manga
By James Quintana Pearce
Manganovel and Toshiba have launched Manganovel, a site which serves as a distribution channel for Japanese manga publishers and allows read… Read more »
Three Major Japanese Newspapers To Launch Joint News Website; Share Distribution
By Rafat Ali
In an unusual only-in-Japan kind of deal, the three top newspapers in the country, The Asahi Shimbun, Yomiuri Shimbun and Nikkei, will joint… Read more »
GPlus Media Acquires News Site JapanToday.com
By Joseph Weisenthal
Pacific Rim-focused holding company IA Global has announced that GPlus Media (in which it has a 25 percent stake) has acquired JapanToday.co… Read more »
Japanese Government Tries To Inspire Homegrown Search Challenge To Google; Devices Search
By David Kaplan
Japanese fears that its hegemony of the electronic marketplace is waning has spurred the country’s federal government to take on the challen… Read more »
Yahoo Japan Invests $5.2 Million in Travel Info Site
By Rafat Ali
Yahoo Japan is acquiring a 16.5 percent stake in 4travel, a Japanese travel info website , for about 610 million yen (about $5.2 million). T… Read more »
Chinese Virtual World Hipihi Receives Funding To Build Japanese Presence
By David Kaplan
Chinese 3D virtual community Hipihi has raised an undisclosed amount of funding from Japanese venture firm NGI group. In addition to the fun… Read more »
YouTube Japan Second After U.S.; New Partners But Copyright Concerns Persist
YouTube has announced a series of partnerships in Japan – but the country’s copyright advocates fear producers could still lose out. Google… Read more »
Earnings: Sony PS3 Price Cut Brings Q2 Sales Jump – And Bigger Losses
Sony Read more »
ValueClick Buys Comparison Shopping Site MeziMedia For Up To $352 Million
By David Kaplan
Often talked about as a prime acquisition target itself, online advertising firm ValueClick is buying MeziMedia, an operator of comparison s… Read more »
YouTube Launches Nine Country Sites; UK, Brazil, Japan Included
At a Paris press conference, YouTube unveiled localized versions for Brazil, France, Ireland, Italy, Japan, Holland, Poland, Spain and the U… Read more »
Sony I: Stringer Talks New Media, Club Penguin, PS3 Price Cuts, Etc.
Sony Corp. chairman and CEO Howard Stringer covered a lot of ground in a lengthy video interview with the FT (Full transcript here and here:… Read more »
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