Nintendo Reports 52% Net Profit Increase, Plans Switch 2 Pricing Changes
Nintendo's annual net profit rose 52% while the company adjusts pricing strategy for its upcoming Switch 2 console amid competitive gaming market pressures.
Nintendo's annual net profit rose 52% while the company adjusts pricing strategy for its upcoming Switch 2 console amid competitive gaming market pressures.

Samsung, Hyundai, and LG have invested in Config, a startup positioning itself as a data infrastructure provider for the robotics industry.

The Biden administration ordered multiple semiconductor equipment companies to halt shipments to China's second-largest chipmaker.

A major cyber attack on the Canvas learning management system has disrupted classes and final exams at schools nationwide.

Apple announced John Ternus will replace Tim Cook as CEO on September 1, with Cook becoming executive chairman after nearly 15 years leading the company.

The Trump administration is pursuing a $400 million TikTok settlement for privacy violations to fund Washington D.C. beautification projects.
Apple announces leadership transition as Tim Cook departs and hardware chief John Ternus takes over as CEO.
Stellantis and Chinese automaker Leapmotor plan to deepen their partnership with joint EV production in Europe to boost output and reduce costs.

GM agreed to pay $12.75 million to resolve claims it sold hundreds of thousands of California drivers' location and driving data without consent.

Meta plans to lay off 8,000 employees and cancel 6,000 open positions, while Microsoft offers voluntary buyouts to 7% of U.S. staff.

Technology publication TechCrunch reported on various industry developments including voice computing, autonomous vehicles, and AI partnerships.
Australia will impose a 2% levy on major tech companies unless they reach local news deals, while a large AI data center project is planned for Utah.

The Supreme Court will review whether police use of geofencing to access Google's location databases violates Fourth Amendment protections.

Apple is reportedly in discussions with Intel and Samsung about manufacturing processors in the United States, marking a potential shift in the company's chip production strategy.

European Commission issues preliminary ruling that Meta violates digital safety laws by inadequately blocking underage users from its platforms.
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