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Sony Will Spend $926 Million on Restructuring

Sony has taken a beating

Apr 12 2012, 3:06pm CDT | by

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Sony Will Spend $926 Million on Restructuring
 
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Sony Will Spend $926 Million on Restructuring

It has been a bad week for Sony. The company has announced it expects to take a massive loss this year and will restructure resulting in the loss of 10,000 jobs. Not all those 10,000 employees will be laid off, some jobs will go to other companies via unit sales and other changes.

Sony announced today that it expects to spend $926 million on restructuring fees in fiscal 2012. Sony's fiscal 2012 ends on March 31, 2013. This week Sony announced a $6.4 billion net loss for the full year that ended on March 31, 2012. The major restructuring efforts are in part due to that massive loss.

 

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Update: 11

Sony Carl Zeiss Vario-Tessar T* FE 24-70mm F4 ZA OSS

Source: Ziff Davis

Prince Charles Visits Sony UK Technology Centre
The Sony Carl Zeiss Vario-Tessar T* FE 24-70mm F4 ZA OSS is an upgrade from a standard zoom, but you'll pay dearly for the performance boost you get with this ...
Source: Ziff Davis   Full article at: Ziff Davis 6 seconds ago
 


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Update: 10

Xiaomi's fitness band will cost you no more than pocket change

Source: Tech Radar

Prince Charles Visits Sony UK Technology Centre
It's not always easy to get excited about smartbands, especially now that smartwatches are stealing some of their thunder, but occasionally one will grab our attention.Xiaomi, a brand no one in the west pays much attention to, may just have gone and rendered every other fitness band obsolete, because it's announced one which costs approximately $12 / £7.For that money we'd expect to get maybe a string bracelet, perhaps with a whistle attached to it, but no, this ...
Source: Tech Radar  Full article at: Tech Radar 2 hours ago
 

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Update: 9

One Direction Concert Movie to Be Released on 3,000 Screens Worldwide

Source: Latino Review

Simon Cowell Hosts The Health Lottery Fundraising Event
Event cinema distributor Arts Alliance has inked a pact with Simon Cowell’s Syco, Modest! and Sony Music Entertainment to release pop band One Direction’s latest concert movie in theaters worldwide. Arts Alliance plans a release of more than 10,000 screenings in over 3,000 screens across 50 or more territories, which it clai ...
Source: Latino Review  Full article at: Latino Review 2 hours ago
 

Update: 7

One Direction Concert Movie to Be Released on 3,000 Screens Worldwide

Source: variety

Simon Cowell Hosts The Health Lottery Fundraising Event
Event cinema distributor Arts Alliance has inked a pact with Simon Cowell’s Syco, Modest! and Sony Music Entertainment to release pop band One Direction’s latest concert movie in theaters worldwide. Arts Alliance plans a release of more than 10,000 screenings in over 3,000 screens across 50 or more territories, which it claims to be the... ...
Source: variety   Full article at: variety 3 hours ago
 

Update: 6

Sony Keeping Walkman Brand Alive With Audiophile Offerings: Report

Source: NDTV

Prince Charles Visits Sony UK Technology Centre
A Wall Street Journal report shows how Sony is keeping the 35-year old Walkman brand alive in the current market that's seeing a c ...
Source: NDTV   Full article at: NDTV 3 hours ago
 

Update: 5

Meet the device claiming to be the 'world's fastest smartphone'

Source: Tech Radar

Prince Charles Visits Sony UK Technology Centre
Xiaomi may not be particularly well known outside of China, but in its homeland it's a huge company with a dedicated following - and it's just launched a new smartphone in the form of the Xiaomi Mi 4.With a 2.5GHz quad-core Snapdragon 801 processor and 3GB of RAM, Xiaomi reckons the Mi 4 is the 'world's fastest smartphone'.It does ever so slightly trump the 2.3GHz quad-core 801 chip and 3GB of RAM f ...
Source: Tech Radar  Full article at: Tech Radar 3 hours ago
 

Update: 4

Simon Cowell Exec Producing One Direction Event Cinema Concert Film

Source: Deadline

English-Irish boy band sensation One Direction gave fans something extra to get excited about this morning. The pop idols announced an upcoming film of their current Where We Are tour (see trailer below), touting it as “the first ever full One Direction concert experience on the big screen.” In keeping with the growing trend towards event cinema, One Direction: Where We Are – The Concert Film will screen for one weekend only — October 11 and 12 — in theaters worldwide. Recorded in June at Mi ...
Source: Deadline  Full article at: Deadline 3 hours ago
 

Update: 3

Xiaomi announces Mi 4 flagship smartphone

Source: BetaNews

Hugo Barra, product management director
Chinese maker Xiaomi has unveiled its new flagship Android smartphone. Dubbed Mi 4, it is described by the company's Global VP Hugo Barra as the "fastest & most gorgeous Mi Phone ever". Mi 4 comes with hardware specifications that are typical of an Android flagship announced in 2014. It packs a 5-inch IPS display with a resolution of 1080 by 1920, and is powered by a quad-core Qualcomm Snapdragon 801 processor. Pretty standa ...
Source: BetaNews   Full article at: BetaNews 4 hours ago
 

Update: 2

Xiaomi’s full-metal flagship Mi 4 unleashed!

Source: Fifth Gear

Hugo Barra, product management director
Xiaomi, the Chinese phone maker that’s known as the Apple of the East for its similar presentations and beautiful designs, is aiming on taking on the high-spec phone market with its latest flagship phone that’s just been revealed, and it could give many tip-top phones a run for their money. Meet the Mi 4, a five-inch, full-metal blower that packs in a 1080p screen and runs the company’s heavily skinned version of Android, MIUI, too. Could this be Xiaomi’s answer to the iPhon ...
Source: Fifth Gear   Full article at: Fifth Gear 4 hours ago
 

Update: 1

New Trailer For Ethan Hawke's Predestination

Source: Empire: Movie News & Reviews

"Boyhood" New York Premiere - Arrivals
Wibbly wobbly timey wimey trailer businessThe austere man’s Wachowkis siblings, Michael and Peter Spierig are sci-fi-oriented kin with new action-thriller Predestination that promises to weave and duck through the fabric of time like a boxer in a Tardis. Ethan Hawke is the headliner but the real star of the show looks like Australian actress Sarah Snook as a mysterious time traveller.Hawke, who is reuniting with the pair after 2010 misfire Daybreakers, plays ...
Source: Empire: Movie News & Reviews   Full article at: Empire: Movie News & Reviews 4 hours ago
 

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<a href="/latest_stories/all/all/3" rel="author">Shane McGlaun</a>
Leading our review center, Shane McGlaun (Google) knows technology inside out. His extensive experience in testing computer hardware and consumer electronics enable him to effectively qualify new products and trends. If you want us review your product, please contact Shane.
Shane can be contacted directly at shane@i4u.com.

 

 

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