Revenue articles

PlayStation 4 posts strong numbers for Sony

Sony just released its earnings report for the 2016 fiscal year ending March 31, 2017. While the company’s mobile, camera, movie, television, and music divisions all posted losses, Sony’s video game arm did well. The company sold 20 million PlayStation…

Tumblr to flip the switch on blog ads this week

Wow, that didn’t take long. Just one day after Verizon revealed it would be acquiring Yahoo for $4.83 billion, Tumblr quietly announced intentions to introduce ads across its more than 300 million blogs (Yahoo, as you may recall, purchased the…

Struggling Yahoo to fire 1,700 employees and close five offices

Things aren't going so well for Yahoo, and CEO Marissa Mayer is desperately attempting to steady the ship. Revenues continue to decline, leading the company to lay off 15 percent of its workforce – approximately 1,700 employees – and shut…