Nintendo has slahed its sales predictions for the Wii U, saying it now expects to sell 27 percent fewer than it previously did.
Atlhough the ultimate success of Microsoft's indigenously designed Surface remains uncertain, we do know that Redmond is making a rather tidy profit off each tablet sold.
Samsung has reported a quarterly profit of $7.3 billion - nearly double the figure for the same period last year, and well above analysts' expectations - thanks to strong sales of high end televisions and Galaxy phones.
Facebook has, as expected, announced its plans for a public offering in what's expected to be the biggest-ever sale of internet company shares.
Apple today announced financial results for its fiscal 2011 third quarter, which ended on June 25.
Silicon Valley’s hypocrisy has been highlighted once again by its opposition to a bill that could help lower unemployment by temporarily freezing the reduction of greenhouse gas emissions.
Apple's making peanuts out of the app store, according to a financial analyst who says it's netted less than half a billion dollars since its launch two years ago.
After 6 consecutive years of revenue growth, the company behind the Wii may finally be reaching the point of diminishing returns - it has just posted its first profit decline since 2004.