Tech Biz Rewind: Sony Slashes JOBS In Sweden, Microsoft Cuts PRICES on Kinect
Yesterday’s top stories:
Sony Corporation (NYSE:SNE) intends to slash between several hundred and one thousand jobs at a mobile phone facility in Sweden that currently employs 3,000, according to a local newspaper report. The move is reportedly part of an attempt to transfer hardware research and development to Japan, while at the same time maintaining software development in Sweden, which is the location of its former mobile joint venture partner Ericsson.
Research In Motion Limited’s (NASDAQ:RIMM) BlackBerry 10 fiasco seems to have become worse, as a source says to BGR that the former will stop development of the current version of BlackBerry Enterprise Server subsequent to an update due later in 2012 because of a lack of compatibility with BlackBerry 10 devices. Further, a next-generation version of the device that will support the BB10 will not support older BlackBerrys.
Microsoft Corporation (NASDAQ:MSFT) says that it is cutting the price of the Xbox 360’s popular Kinect motion sensor from $150 to $110. In addition, the firm launched an Xbox 360 Essentials Pack priced at $80 in hopes of boosting sales of the console, which have faltered prior to an anticipated refresh in 2013. Last January, Microsoft reported that it had shipped 18 million Kinects since its release in November of 2010.
Google Inc. (NASDAQ:GOOG) reports that it is pulling the plug on its Postini e-mail archiving and spam filtering product. The purpose of this move is to transfer users to Google Apps. Postini was purchased in 2007, and boasts more than 26 million users.
Today is a better day for Facebook (NASDAQ:FB) as its adds another ad format to its increasing repertoire. The firm’s Sponsored Stories ads, which are on a $1 million per day run rate, will from now on appear in search results.
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