Sony Reports Best-Ever Q3 Profit; CEO Hirai to Step Down, Turnaround Ally Yoshida to Take Helm

Japan’s Sony said CEO Kazuo Hirai would be handing over the reins to finance chief Kenichiro Yoshida, while at the same time forecast a record annual profit that highlights the revival in fortune that they have both engineered. Once a market leader Read More …

Apple’s Slowing of iPhones Being Probed by US DOJ, SEC: Reports

US authorities are investigating Apple’s slowing of older iPhones, according to published reports. The Wall Street Journal and Bloomberg reported Tuesday that the Department of Justice and the Securities and Exchange Commission are probing whether Apple violated securities laws. In December, Apple apologised for the Read More …