SomeGadgetGuy, to tech
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Google showed off new business AI solutions while promoting their water cooled data centers. Now we find out Microsoft is not only failing to meet their carbon emissions goal, their emissions are actually UP 30%.
I just don't see how this era of cloud AI is going to be a sustainable business model...

thejapantimes, to business
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Sharp is stopping production of large liquid crystal display television panels at its factory in the city of Sakai, Osaka Prefecture, the only production site for such TVs in Japan. https://www.japantimes.co.jp/business/2024/05/15/companies/sharp-scales-back-lcd/

thejapantimes, to business
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Japan's biggest banks all forecast record profits for the year started in April, after the country’s central bank ended its policy of negative interest rates. https://www.japantimes.co.jp/business/2024/05/15/companies/japan-megabanks-forecast-record-profits/ #business #companies #banks #boj #negativeinterestrates #mufg #mizuho #sumitomomitsui

thejapantimes, to business
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Mystays Hotel Management in Japan has decided the only way to deal with the country's severe labor shortage is to double salaries to unprecedented levels. https://www.japantimes.co.jp/business/2024/05/15/companies/a-japan-hotel-doubles-pay-to-fight-labor-shortage/ #business #companies #hotels #wages #mystayshotelmanagement #tourism

thejapantimes, to business
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Japanese companies are increasing dividends and share buybacks at a record pace, providing support to a market that was on the verge of a correction and responding to pressure from the Tokyo Stock Exchange to improve capital efficiency and valuations. https://www.japantimes.co.jp/business/2024/05/15/markets/record-dividends-buybacks-anchor-for-japanese-stocks/ #business #markets #stocks #japaneseeconomy #tse

thejapantimes, to business
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According to the Swedish Games Industry, every fourth person in the world has played a game made in Sweden. With hits like "Minecraft", "Valheim", and "Raft" the country is producing many hits with small or one-man teams. https://www.japantimes.co.jp/business/2024/05/15/companies/sweden-small-game-studios/

thejapantimes, to business
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Japan’s economy is likely to have contracted in the first three months of 2024 due in part to disruptions at car makers, clouding the growth outlook as the central bank attempts to set the right pace for policy normalization. https://www.japantimes.co.jp/business/2024/05/15/economy/japan-gdp-forecast-gloomy/

upmultimedia, to gamedev
@upmultimedia@mastodon.gamedev.place avatar

So many intellectual property holders think game devs are an opportunity for passive income and not only charge exorbitant license fees but do nothing to promote the resulting game.

If you are a game dev, demand the license holder use their channels to push the game as if it were their own baby. Smart owners will want to do it too as it is win/win. That's what justifies the high fees, not some ephemeral notion of popularity.

thejapantimes, to business
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Honda is scaling down its full-time production workforce in China, with roughly 1,700 employees having agreed to leave thus far. https://www.japantimes.co.jp/business/2024/05/15/companies/honda-cut-china-workforce/

metin, to business
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SomeGadgetGuy, to tech
@SomeGadgetGuy@techhub.social avatar

Google I/O wrapped up, and I have a LOT of thoughts. Shot a quick reaction video on the keynote here https://somegadgetguy.com/b/455
Some really interesting AI tools are coming, but will Gemini search continue hurting website traffic?

br00t4c, to business
@br00t4c@mastodon.social avatar

From framing to felines: This Toronto art store is home to multiple stray cats

https://nowtoronto.com/news/this-toronto-art-store-is-home-to-multiple-stray-cats/

SomeGadgetGuy, to tech
@SomeGadgetGuy@techhub.social avatar

Watching and there are some cool demonstrations of data center cloud computing, but there's also this fog of dystopia surrounding these demos.
The announcements for search are horrifying. Google is full mask off.

Phrases like "search for something, and we'll collect all this data for you" basically equates to:

"We sucked up ALL the data from people who really did the work, and we're going to give you the results of their hard work, but we wont take you to the site that generated the data. You can stay on the search page, and the site's traffic will plummet."

This is shocking.

thejapantimes, to business
@thejapantimes@mastodon.social avatar

Rakuten has logged its fifteenth consecutive quarter in the red as losses at its mobile service network unit outweighed a record performance from its financial unit. https://www.japantimes.co.jp/business/2024/05/14/companies/rakuten-consecutive-loss/

thejapantimes, to business
@thejapantimes@mastodon.social avatar

Sony Group said it expects operating income of ¥1.28 trillion in the year to March, missing analyst expectations for both profit and sales as PlayStation 5 hardware sales wane. https://www.japantimes.co.jp/business/2024/05/14/companies/sony-profit-outlook/

thejapantimes, to business
@thejapantimes@mastodon.social avatar

Nomura Holdings has set its its sights on almost doubling its pretax profit by the end of the decade, as its Chief Executive Officer Kentaro Okuda seeks to build on last year’s earnings revival. https://www.japantimes.co.jp/business/2024/05/14/companies/nomura-growth-plan/

metin, to business
@metin@graphics.social avatar

From the ar(t)chive…

Stylized 3D illustration for a 2007 business report, about different views upon a subject.

thejapantimes, to business
@thejapantimes@mastodon.social avatar

In the years since Russia invaded Ukraine, Norwegian oil and gas giant Equinor has quietly picked up its crown. Norway now supplies 30% of Europe's gas, and roughly two-thirds of Norway's exports last year were sold by Equinor. https://www.japantimes.co.jp/business/2024/05/14/companies/europe-gas-supply-company/

thejapantimes, to business
@thejapantimes@mastodon.social avatar

SpaceX is building launch facilities, office buildings and even a shopping center in rural Texas, but the state's property records show the space venture and its contractors can be far slower to pay builders and suppliers than they are to break ground. https://www.japantimes.co.jp/business/2024/05/14/companies/musk-spacex-texas-bills/ #x

thejapantimes, to business
@thejapantimes@mastodon.social avatar

President Emmanuel Macron has said he would be open to seeing a major French bank being taken over by a European Union rival in order to spur the deeper financial integration he sees as critical for the bloc’s future prosperity. https://www.japantimes.co.jp/business/2024/05/14/companies/macron-french-banks-europe/

thejapantimes, to business
@thejapantimes@mastodon.social avatar

Japan’s legacy automakers are jumping on the big-tech bandwagon as they race to revive waning interest among Chinese consumers. https://www.japantimes.co.jp/business/2024/05/14/companies/japan-carmakers-china-push/

SomeGadgetGuy, to tech
@SomeGadgetGuy@techhub.social avatar

Elon seems to have studied at the (failed) Trump school of Business. If you hire contractors, just don't pay them I guess...

https://www.reuters.com/technology/space/musks-spacex-is-quick-build-texas-slow-pay-its-bills-2024-05-13/

thejapantimes, to business
@thejapantimes@mastodon.social avatar

Blackstone is working with the management of I’rom Group to take the Japanese pharmaceutical services company private. https://www.japantimes.co.jp/business/2024/05/13/companies/blackstone-drug-trial-firm-private/

Susan_Larson_TN, to Women
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br00t4c, to business
@br00t4c@mastodon.social avatar

The Internet Debates Kim Kardashian's Son Psalm Getting This Expensive Toy for His Birthday

https://www.theroot.com/kim-kardashians-son-psalm-got-an-adorable-mini-tesla-fo-1851472904

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