Nathan Jolly – Page 229 – channelnews

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Sony and Nintendo Brace For Profit Crash

Sony and Nintendo Brace For Profit Crash

Nathan Jolly May 11, 2022 No Comments

The two leaders in gaming, Sony and Nintendo, have both forecast lower FY22 profits as their supply chain woes continue to drag on the bottom line. Sony Group said it…

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LG Reveals OLED Display That Folds 360 Degrees

LG Reveals OLED Display That Folds 360 Degrees

Nathan Jolly May 11, 2022 No Comments

LG Display has revealed an 8-inch, 360-degree folding OLED screen for smartphones. The nifty looking screen was unleashed during Display Week 2022 hosted by the Society for Information Display from…

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Facebook Removes Location-Based Features Due To “Low Usage”

Facebook Removes Location-Based Features Due To “Low Usage”

Nathan Jolly May 10, 2022 No Comments

Facebook has announced that a number of its location-based features will no longer be available from the end of this month. Nearby Friends, Location History, Time Alerts, and Background Location…

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Nvidia Fined $7.9M For Not Disclosing Cryptomining Boom

Nvidia Fined $7.9M For Not Disclosing Cryptomining Boom

Nathan Jolly May 10, 2022 No Comments

Nvidia has been issued a US$5.5 million fine by the US Securities and Exchange Commission for not disclosing that the growing success of its GPUs was due to cyptomining. The…

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Investors Panic As Bitcoin Dives Under $30K

Investors Panic As Bitcoin Dives Under $30K

Nathan Jolly May 10, 2022 No Comments

Bitcoin has dipped below the psychological benchmark of US$30,000, well below the $69,000 high set just last November. This is the lowest it has been since July 2021, and it…

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Toll Wages Will Rise With Inflation: Holgate

Nathan Jolly May 10, 2022 No Comments

Christine Holgate has staged a remarkable turnover for logistics business Toll Global Express, taking the company to cashflow positive in just eight months. “We have improved that profitability from a loss…

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Sony Resumes Partial Production In Shanghai

Sony Resumes Partial Production In Shanghai

Nathan Jolly May 10, 2022 No Comments

Sony has resumed partial production in its Shanghai factory, operating for the first time in over a month. The plant manufactures Sony televisions, cameras, projectors, and numerous other products for…

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Two More Aussie Buyers Look At David Jones

Two More Aussie Buyers Look At David Jones

Nathan Jolly May 10, 2022 No Comments

Woolworths South Africa is courting two Australian private equity funds with hopes that it can offload the troubled David Jones. The Australian reports that Allegro Funds and Anchorage Capital Partners…

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MacBook Maker’s Revenue Crashes 40%

MacBook Maker’s Revenue Crashes 40%

Nathan Jolly May 10, 2022 No Comments

COVID-related lockdowns in Shanghai have sent the world’s biggest notebook manufacturer into freefall. Quanta Computer, the largest manufacturer of MacBooks and a key iPhone producer, have reported that April revenue…

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Chinese Government Ditches Windows

Chinese Government Ditches Windows

Nathan Jolly May 10, 2022 No Comments

As part of China’s orders to all government agencies and state-supported companies to replace all overseas-branded PCs with Chinese models, these new computers will also have to be fitted with…

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