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BlackRock Said to Plan to Buy Shares in Circle Internet IPO
BlackRock plans to acquire about 10 percent of the shares offered in Circle. The stablecoin issuer and some of its shareholders including co-founder and Chief Executive Officer Jeremy Allaire are seeking to raise as much as $624 million (roughly Rs. 5,333 crore) in the offering.
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Crypto DeFi Project Cetus Protocol Suffers Security Breach
Cetus Protocol said it approximately $223 million (roughly Rs. 1,910 crore) in a security breach. The team is investigating the incident at the moment. The attacker exploited vulnerabilities in Cetus Protocol’s smart contracts, Deddy Lavid, CEO of blockchain security firm Cyvers.
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Sony Sells 18.5 Million PS5 Units in FY 2024, Analysts Say GTA 6 Delay to Impact Sales in 2025
Sony said on Wednesday that it sees a JPY 100 billion ($700 million or roughly Rs. 5,975 crore) impact from US levies in the year to March and expects an operating profit of ¥1.28 trillion (roughly Rs. 74,353 crore). Over the first three months of this year, Sony reported better-than-expected operating income of JPY 203.7 billion (roughly Rs. 11,...
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Google Facing at Least EUR 12 Billion in Civil Claims Across Europe
Google is facing at least EUR 12 billion (roughly Rs. 1,13,259 crore) in damage claims from dozens of price comparison websites across the European Union. The complaints blame Google for stealing their customers. Google denies that any of the European civil suits have merit.
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Nintendo Doesn’t Rule Out Switch 2 Price Hike After Soft Outlook
Nintendo expects shipments of the Switch 2 to reach 15 million units in the year to March, shy of the 16.8 million average of analyst estimates compiled by Bloomberg. The company may hike prices for the Switch 2 in the US, depending on how Trump administration tariffs work out.
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Microsoft Raises Xbox and Game Prices, Citing Rising Costs
Microsoft is raising prices on its Xbox games, consoles and accessories amid broader uncertainty about the trade war. Controller and headset prices are also increasing. supported. Microsoft’s gaming strategy revolves around building up its Game Pass subscription service, offered across its consoles, PC and smart TV platforms
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Nintendo Switch 2 Keeps Up Fast Pace With US Pre-Order Sellout
Nintendo's new Switch 2 console maintained strong momentum toward its summer release. Concerns about the price, $150 (roughly Rs. 12,816) higher than the predecessor Switch, and a gloomy macroeconomic outlook have not dampened consumer enthusiasm for the long-awaited gadget.
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Americans Flock To Chinese Apps For Cheap Goods Amid Tariff Fears
Americans are scouring Chinese e-commerce apps for cheap handbags, yoga pants and wallets as shoppers fear homegrown platforms will hike prices due to tariffs.
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Nintendo Switch 2 and Sony PS5 Likely to Get Price Hikes Due to Tariffs
Nintendo and Sony Group are likely to raise prices on their game consoles in response to US tariffs. American consumers would pay as as much as 30% more for a Switch 2 or PlayStation 5 under the base-case scenario, which would imply pricing close to $590 (roughly Rs. 50,765) for the soon-to-be-released Nintendo flagship machine or Sony’s PS5 Astr...
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Nintendo’s Pivotal Switch 2 Launch Boosted by Trump Tariff Pause
The 90-day reprieve on heightened tariffs for most US trading partners gives Nintendo a chance to ramp up shipments of its upcoming Switch 2 console to a market that accounts for more than a third of its sales.
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Nintendo Switch 2 Sales Forecast Is Cut by Researcher Over Trump Tariffs
Researcher DFC Intelligence cut its 2025 global forecast for sales of Nintendo Co.’s upcoming Switch 2 video-game console. The forecast would still make the Switch 2 the fastest-selling game console of all time, but it’s indicative of the widespread uncertainty that Trump’s tariffs have caused across industries.
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Nintendo Switch 2 Projected to Sell Over 14 Million Units in 2025, Mario Kart World to Drive Sales
Nintendo is estimated to sell 14.7 million of the new Switch 2 video-game consoles this year, as per Omida's research. The new console debuts on June 5 at a suggested retail price of $450 (roughly Rs. 38,390).
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Apple iPhone SE 4 Launch Imminent, Will Go on Sale Later in February: Report
Apple's iPhone SE 4 will be launched soon, possibly going on sale later this month, according to a Bloomberg report. The next-generation model is likely to resemble the iPhone 14, without a home button and Touch ID. With Apple no longer including Lightning ports, the iPhone SE 4 is expected to feature a USB Type-C port. It is also said to support A...
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Powerbeats Pro 2 Launch Date, Price Leaked; Said to Arrive With Heart Rate Monitoring Feature
Apple Powerbeats Pro 2 could be launched next week, according to Bloomberg's Mark Gurman. The new model, following the first generation from 2019, is expected to feature an upgraded processor, new fitness tracking capabilities, and a USB Type-C port to comply with the EU's common charger regulations. It is also expected to arrive with the company's...
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Samsung’s Chip Division Underwhelms in Costly AI Memory Race
Samsung's chip division reported a smaller-than-expected profit. Samsung executives said on Friday the company expanded its HBM3E supply to multiple providers of graphic processing units and datacenter customers in the fourth quarter.
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BlackRock Said to Plan to Buy Shares in Circle Internet IPO
BlackRock plans to acquire about 10 percent of the shares offered in Circle. The stablecoin issuer and some of its shareholders including co-founder and Chief Executive Officer Jeremy Allaire are seeking to raise as much as $624 million (roughly Rs. 5,333 crore) in the offering.
-
Crypto DeFi Project Cetus Protocol Suffers Security Breach
Cetus Protocol said it approximately $223 million (roughly Rs. 1,910 crore) in a security breach. The team is investigating the incident at the moment. The attacker exploited vulnerabilities in Cetus Protocol’s smart contracts, Deddy Lavid, CEO of blockchain security firm Cyvers.
-
Sony Sells 18.5 Million PS5 Units in FY 2024, Analysts Say GTA 6 Delay to Impact Sales in 2025
Sony said on Wednesday that it sees a JPY 100 billion ($700 million or roughly Rs. 5,975 crore) impact from US levies in the year to March and expects an operating profit of ¥1.28 trillion (roughly Rs. 74,353 crore). Over the first three months of this year, Sony reported better-than-expected operating income of JPY 203.7 billion (roughly Rs. 11,...
-
Google Facing at Least EUR 12 Billion in Civil Claims Across Europe
Google is facing at least EUR 12 billion (roughly Rs. 1,13,259 crore) in damage claims from dozens of price comparison websites across the European Union. The complaints blame Google for stealing their customers. Google denies that any of the European civil suits have merit.
-
Nintendo Doesn’t Rule Out Switch 2 Price Hike After Soft Outlook
Nintendo expects shipments of the Switch 2 to reach 15 million units in the year to March, shy of the 16.8 million average of analyst estimates compiled by Bloomberg. The company may hike prices for the Switch 2 in the US, depending on how Trump administration tariffs work out.
-
Microsoft Raises Xbox and Game Prices, Citing Rising Costs
Microsoft is raising prices on its Xbox games, consoles and accessories amid broader uncertainty about the trade war. Controller and headset prices are also increasing. supported. Microsoft’s gaming strategy revolves around building up its Game Pass subscription service, offered across its consoles, PC and smart TV platforms
-
Nintendo Switch 2 Keeps Up Fast Pace With US Pre-Order Sellout
Nintendo's new Switch 2 console maintained strong momentum toward its summer release. Concerns about the price, $150 (roughly Rs. 12,816) higher than the predecessor Switch, and a gloomy macroeconomic outlook have not dampened consumer enthusiasm for the long-awaited gadget.
-
Americans Flock To Chinese Apps For Cheap Goods Amid Tariff Fears
Americans are scouring Chinese e-commerce apps for cheap handbags, yoga pants and wallets as shoppers fear homegrown platforms will hike prices due to tariffs.
-
Nintendo Switch 2 and Sony PS5 Likely to Get Price Hikes Due to Tariffs
Nintendo and Sony Group are likely to raise prices on their game consoles in response to US tariffs. American consumers would pay as as much as 30% more for a Switch 2 or PlayStation 5 under the base-case scenario, which would imply pricing close to $590 (roughly Rs. 50,765) for the soon-to-be-released Nintendo flagship machine or Sony’s PS5 Astr...
-
Nintendo’s Pivotal Switch 2 Launch Boosted by Trump Tariff Pause
The 90-day reprieve on heightened tariffs for most US trading partners gives Nintendo a chance to ramp up shipments of its upcoming Switch 2 console to a market that accounts for more than a third of its sales.
-
Nintendo Switch 2 Sales Forecast Is Cut by Researcher Over Trump Tariffs
Researcher DFC Intelligence cut its 2025 global forecast for sales of Nintendo Co.’s upcoming Switch 2 video-game console. The forecast would still make the Switch 2 the fastest-selling game console of all time, but it’s indicative of the widespread uncertainty that Trump’s tariffs have caused across industries.
-
Nintendo Switch 2 Projected to Sell Over 14 Million Units in 2025, Mario Kart World to Drive Sales
Nintendo is estimated to sell 14.7 million of the new Switch 2 video-game consoles this year, as per Omida's research. The new console debuts on June 5 at a suggested retail price of $450 (roughly Rs. 38,390).
-
Apple iPhone SE 4 Launch Imminent, Will Go on Sale Later in February: Report
Apple's iPhone SE 4 will be launched soon, possibly going on sale later this month, according to a Bloomberg report. The next-generation model is likely to resemble the iPhone 14, without a home button and Touch ID. With Apple no longer including Lightning ports, the iPhone SE 4 is expected to feature a USB Type-C port. It is also said to support A...
-
Powerbeats Pro 2 Launch Date, Price Leaked; Said to Arrive With Heart Rate Monitoring Feature
Apple Powerbeats Pro 2 could be launched next week, according to Bloomberg's Mark Gurman. The new model, following the first generation from 2019, is expected to feature an upgraded processor, new fitness tracking capabilities, and a USB Type-C port to comply with the EU's common charger regulations. It is also expected to arrive with the company's...
-
Samsung’s Chip Division Underwhelms in Costly AI Memory Race
Samsung's chip division reported a smaller-than-expected profit. Samsung executives said on Friday the company expanded its HBM3E supply to multiple providers of graphic processing units and datacenter customers in the fourth quarter.
