| Today's Top 3 Stories | | #1 | Panasonic Back In Profit After Ditching Plasmas And Phones
| | | The CE giant is reallocating its resources into emerging categories such as vehicle technology, wearables, whole-home tech, energy and robotics. (CNET)
Why This Is Important: After abandoning some traditional CE categories with razor-thin margins, such as TVs, Panasonic's return to profitability may serve as a blueprint for other technology companies.
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| | #2 | Microsoft, Nokia Finally Become One: Can It Shake Up The Mobile Industry?
| | | Nokia's hardware business is finally locked to Microsoft, and the technology world is wondering what the software giant plans to do with it. The company is now the number 2 mobile phone manufacturer behind Samsung, a position that carries a lot of weight. (Tech Times)
Why This Is Important: It appears right in the middle of this story: "The big question right now is: Can Microsoft, along with Nokia's mobile hardware business, bring something new to the market?" Microsoft will now be able to design software and hardware together. But having the opportunity to do it, and having the ability to do it, are two different things.
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| | #3 | Will Amazon Lose Money for Years?
| | | Amazon.com believes it has its competition on the ropes, right where CEO Jeff Bezos wants them. However, if he is to trounce his e-commerce, multimedia and cloud-based computer rivals, he has to drive his company to a loss. That is Bezos's conundrum, and the decision which helped drag his stock down 10 percent the day after releasing first-quarter earnings and 25 percent since mid-January. (24/7 Wall Street)
Why This Is Important: No matter the overwhelming success of Amazon.com, the theory proposed in this story is that for founder Jeff Bezos to dominate several key markets, it must lose money for the foreseeable future. Wall Street is finally realizing that losing money like that is not the best strategy.
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"Pulling out of non-profitable consumer electronics businesses -- some of them synonymous with the Panasonic brand name -- has helped the firm readjust its portfolio towards automotive and housing products with stronger demand." -- Sotirios Paroutis, associate professor of strategic management at the Warwick Business School
| | | Blog Post of The Day | 3D Printing Possibilities Are Beautiful But Not Limitless
By Candice Majewski
3D printing has to be a contender for the most talked about technology award at the moment. Gone are the days when I'd start talking about my research in this area only to be met with glazed eyes or polite disinterest. Now I only have to say the words "3D printing", be it at work or on the tram home, and I'm immediately rewarded with genuine interest. More » |
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