Sony Confirms 10,000 Layoffs In Major Reorganization
Sony has confirmed it plans to cut 10,000 jobs globally by the end of 2012. The company has laid out a major reorganization plan, projecting it will result in net sales of 6 trillion yen ($74 billion) and an operating income margin of 5% in its electronics business by 2014.
DOJ Sues Apple Over Ebook Price Fixing
Yesterday's report that the Department of Justice plans to sue Apple and five major publishers over ebook price fixing has turned out to be true. "As a result of this alleged conspiracy, we believe that consumers paid millions of dollars more for some of the most popular titles," said Attorney General Eric Holder.
Samsung Galaxy Tab 2 7.0 Is Coming to the U.S. on April 22
Samsung has announced the launch dates for its two upcoming Android tablets: Samsung Galaxy Tab 2 7.0 and Samsung Galaxy Tab 2 10.1. The smaller tablet is coming on April 22, with pre-orders opening on April 12. The Galaxy Tab 2 10.1 is coming on May 13, with pre-orders starting May 4.