Sony Announces $6.4 Billion Loss

Yesterday Sony announced that they were cutting 10,000 jobs around the world, and now the company has announced its latest financial results for the 2011 financial year, with a massive $6.4 billion loss.

The $6.4 billion loss is made up of a $3.6 billion tax charge in the US and a $2.9 billion loss from its operations, however Sony has also said that they are expecting to turn things around this year.

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India’s Aakash 2 Tablet To Get Android 4.0 ICS Update

India’s second budget tablet, the Aakash 2 which is made by Datawind is due to go on sale in a couple of weeks, and now Datawind has announced that they will release an Android 4.0 Ice Cream Sandwich update for the tablet.

The company behind the Aakash tablet has said that it will release the Android 4.0 update for the device around six to eight weeks after the tablet goes on sale, which should be before the end of April.

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Apple’s New iPad Makes Up 10 Percent Of All iPad Traffic

Apple’s new iPad has only been on sale for about three weeks, the company announced that they had sold three million of the new iPad in under four days on the launch weekend.

According to a recent report by Chitika, Apple’s new iPad now makes up 10 percent of all iPad traffic, which is pretty impressive considering that the device has only been on sale for just over three weeks.

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Facebook Buys Instagram For $1 Billion

Facebook has announced that they have purchased the popular iOS and Android photo sharing app Instagram, the news was announced by Facebook CEO Mark Zuckerberg on Facebook.

Facebook also announced how much they paid for Instagram, the deal is worth a total of $1 billion, and Facebook also announced that Instagram will continue to be run as a separate app.

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Former Intel Worker Pleads Guilty to Document Theft

Way back in 2008 an engineer working at Intel named Swamohan Pani was employed at Intel’s Hudson, Massachusetts facility. The man turned in a notice that he was leaving Intel on May 29th, 2008 and requested June 11, 2008 to be his last day. What Intel didn’t know is that the man had taken a position with AMD and started that position on June 2.

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Gears of War: Exile For Kinect Cancelled

If there were still doubts that Microsoft’s Kinect can only function as an ancillary tool at best in mainstream games, this bit of news should put them to rest. Epic’s experimental Gears of War using the motion-control peripheral has been quietly put out to pasture, according to Epic Creative Director Cliff Bleszinsky.

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Wii U To Cost $300 At Retail, $180 To Make

Nintendo is the only company that started out the last console generation by making a profit on every unit sold and apparently it aims to keep the same line with the Wii U. Forget the Box reports that the part cost for Nintendo’s tablet toting new flagship console is sitting at around $180, with $50 of that unsurprisingly going just to the controller.

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Google Project Glass Windows Parody (video)

Its not taken long since the unveiling of Google’s Project Glass eyewear for a number of parody videos to be created showing the funnier side of what the Google Project Glass project might be like. Check out the video after the jump for a quick glimpse at what the feeling might be like wearing the eyewear if it was to be loaded with Microsoft’s Windows operating system.

Google Project Glass Windows Parody

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Nike Releases NikeFuel API Beta To Developers

Nike has today made available its new NikeFuel API in beta form to developers. NikeFuel has been designed by Nike to provide users with a way to track their activity during the day, and has been created to provide a health band which can link to iOS to start and hopefully Android applications in the future.


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