By Chang-Ran Kim TOKYO (Reuters) - Nintendo Co Ltd said on Friday that sales of its Wii U consoles had flopped, pushing it to a third consecutive annual loss and raising a question mark over its future in a home console market increasingly dominated by Sony Corp and Microsoft Corp. The company that got its start making playing cards more than a century ago slashed its global Wii U sales forecast for the year to March 31 by almost 70 percent to 2.8 million units. The Wii U is the successor to its hit Wii console. Nintendo's president, Satoru Iwata, who last year pledged to return the hobbled game maker to profit this business year, apologized to shareholders at a briefing in Osaka, but said his failure to fulfill his promise did not mean he had to resign. Pressure will likely mount on the architect of the Wii success in 2006 to step aside or shift course to focus on making money from "Super Mario" and other software titles.
Tizen is trying to make all the right moves when it comes to getting its Tizen mobile OS off the ground and into people's hands. However, to the surprise of... not many people (probably even Samsung), it's going to be a struggle. NTT Docomo has canceled its plans for launching a Tizen smartphone early this year, citing timing as the issue.
MOUNTAIN VIEW, Calif. (AP) — Brian Otis gingerly holds what looks like a typical contact lens on his index finger. Look closer. Sandwiched in this lens are two twinkling glitter-specks loaded with tens of thousands of miniaturized transistors. It's ringed with a hair-thin antenna. Together these remarkable miniature electronics can monitor glucose levels in tears of diabetics and then wirelessly transmit them to a handheld device.
Hoefler & Frere-Jones (H&FJ), one of the most respected type foundries in the world, is now the subject of a multi-million dollar legal battle between its eponymous type designers Jonathan Hoefler and Tobias Frere-Jones. The New York City foundry owns and sells licenses for well-known font families like Whitney and Gotham, and has also designed typefaces for The New York Times, The Wall Street Journal, Wired, Esquire, HP, Nike, and others. The lawsuit was filed by Frere-Jones, who claims that Hoefler essentially tricked him into believing he would become an equal partner in H&FJ, previously known as the Hoefler Type Foundry (HTF). Frere-Jones joined HTF in 1999, and claims he was promised equal equity and his "name above the door" in exchange for transferring the rights for some of the typefaces he designed, including Whitney, to the company.
Nestled inside Nintendo President Satoru Iwata's statement on those brutally slashed sales forecasts , he touched on what the company is doing to (hopefully) reverse the current downward trend. Research and development is apparently getting some heavy support, ...
Kevin Kadooka's Lux is an experiment in DIY camera building. With a waist-level viewfinder, it accepts 120 roll film. Rather than borrowing parts from old cameras as he's done in previous projects, Kevin's Lux camera is comprised of off-the shelf parts. All of its construction specifications are available to enterprising individuals looking to build their own. Click through to learn more
The scientific advances of the Renaissance might've propelled human understanding of the world around us forward, but much of Europe still remained deeply superstitious during the fifteenth and sixteenth centuries. This superstition is exposed in beautiful, eerie color by TASCHEN's Book of Wonders, a collection of images that originated from the city of Augsberg in the 1550s. ...
SAN DIEGO (AP) — A California woman believed to be the first person cited for wearing Google Glass while driving won her case, but legal experts say it marks only the beginning of what they predict will be numerous court battles fought in the gap between today's laws and fast-arriving technology.
Dennis McGuire, a prisoner in Ohio sentenced to death for the rape and murder of Joy Stewart in 1989, took more than 20 minutes to die on Thursday after being given a lethal injection. According to the Associated Press, the combination of drugs used to kill McGuire had never before been used in the United States for execution purposes. McGuire reportedly made "loud snorting noises," before 10 minutes of "irregular breathing and gasping." Lethal injections in the United States are usually carried out using pentobarbital, a method that leads to much shorter executions, but Ohio's supplies of the drug have run out after its Danish manufacturers blocked its export for use in executions in 2011. McGuire was accused of raping and murdering the pregnant Joy Stewart after being jailed for an unrelated assault, having initially told police his brother-in-law committed the murder in an effort to reduce his punishment.
Throughout the past year, Nintendo CEO and president Satoru Iwata has maintained his belief that the company will turn an operating profit of ¥100 billion yen in 2014, even in the face of disappointing Wii U sales. Today Nintendo has finally revised that estimate, now forecasting an operating loss of ¥35 billion ($336 million) and net loss of ¥25 billion ($240 million), in what can only be seen as a huge backtrack for the Kyoto video game giant. Profit and sales estimates always looked optimistic Nintendo also now expects to sell just 2.8 million Wii U consoles this financial year, down from an estimated total of 9 million — a drop of 69 percent.
We've seen quite a bit the Oculus Rift, but another major player in the coming virtual reality revolution has eluded us: Valve. Save for adding an experimental VR mode to the Steam Client Beta, the company's experiments in the space have been kept largely under wraps. That changed this week during Steam Dev Days, however, when select developers were given a peek at the company's R&D efforts.
(Reuters) - Hackers breached the computer networks of luxury department store chain Neiman Marcus as far back as July, an attack that was not fully contained until Sunday, the New York Times reported, citing people briefed on the investigation. Neiman Marcus said on Friday that hackers may have stolen customers' credit and debit card information, the second cyber attack on a retailer in recent weeks. Neiman Marcus had said it first learned in mid-December of suspicious activity that involved credit cards used at its stores. However, in a call with credit card companies on Monday, Neiman acknowledged that the attack had only been fully contained a day earlier, and that the time stamp on the first intrusion was in mid-July, the paper said.
It was revealed today that the iOS app for coffee chain Starbucks has some lax security standards. According to Computerworld, Starbucks executives confirmed on Tuesday that the app stores usernames and passwords in unencrypted plaintext, making it relatively easy for someone else to get ahold of those login credentials. Two company executives told Computerworld that the vulnerability—which also includes geolocation data—was not news to them, and that they had known since last November. For one thing, a hacker would need physical access to the phone in order to access the logs that store login credentials, and being able to access a Starbucks account would pretty much limit them to refilling any Starbucks gift card tied to the account—financial death by a thousand lattes.
Law enforcement agencies, smartphone makers and wireless service providers all placed a good deal of focus on finding news ways to curb smartphone thefts in 2013. How did those efforts work out? According to a report from The Huffington Post, not very well at all. The blog reports that reported incidents of smartphone theft rose in major cities across the country last year despite the new initiatives put in place by law enforcement agencies and wireless companies to thwart them. In San Francisco, smartphone thefts on record rose 23% to 2,400 in 2013. “[The San Francisco Police Department] has been aggressively trying to educate the public on smartphone theft safety to prevent being a victim of robbery,” SFPD spokesman Albie Esparza told