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Sony to Receive Stolen Crypto Funds Back

Federal prosecutors in the city of San Diego, California have filed a lawsuit to seize more than $150 million in funds that were illicitly seized from the Sony Life Insurance Co. in Japan. The money was transferred through the La Jolla Bank and converted into crypto, where it was later stored in a Coinbase account. Sony Has Been the Victim of a Major Theft The seizure order was issued after the Federal Bureau of Investigation (FBI) took back nearly 4,000 units of bitcoin...

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Boon: Innovativer Anbieter von Debitkarten muss wegen Wirecard Desaster schliessen. Auch Swatch Pay betroffen!

SwatchPAY!-Kunden können ihre Guthaben bei Boon noch bis Oktober unkompliziert abheben. Die virtuelle Kreditkarte, die mit Apple Pay und Google Pay funktioniert hat, wird zum Oktober eingestellt. Nutzer sollten aktiv werden, wenn Sie ihre Kontoguthaben noch unkompliziert abheben möchte. Der insolvente Finanzdienstleister Wirecard stellt seine virtuelle Debitkarte Boon ein, wie...

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Microsoft (MSFT) Stock Down 2.51%, Two Employees Infected with Coronavirus

While the coronavirus fears are spreading in the U.S., many tech giants are under their influence as well. MSFT stock lost over 2% yesterday and continues falling in the premarket.Microsoft Corporation (NASDAQ: MSFT) reported that two of its employees in Washington state have been infected with the coronavirus.Meanwhile, Microsoft stock yesterday lost 2.51% and fell to the level of $166.27. The current market cap of the company is 1.26 trillion. In the premarket, MSFT continues falling while...

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Sony, Facebook to Avoid Game Developers Conference amid Coronavirus Threat

Sony, Facebook pulled out from the yearly computer games development conference due to coronavirus panic. The Dow and Treasuries drop, attracting investors to aim better at their future plans.On Thursday, the corporations have announced that they won’t attend San Francisco. Industry giants don’t want to participate in the Game Developers Conference during virus uncertainty. As per a scheduled conference in Boston called PAX East, it has a refusal from Facebook Inc. (NASDAQ: FB) to feature...

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Sony Beats Its Annual Profit Forecast by 5% but Warns on Coronavirus Impact

Sony managed to beat all analyst predictions by 5% for their annual profit outlook. The Japanese company went up to 880 billion yen in profit while 22 analysts from Refinitiv predicted 878 billion yen. Also, when looking at the October to December quarter, Sony profit mainly dropped, but it didn’t drop as much as the analysts predicted. The profit dropped 20% to 300.1 billion yen, while the analysts forecasted 271 billion yen.Sony controls almost half of the world’s smartphone image sensor...

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AMD Stock Price Starts Falling after 150% Surge in 12 Months

Santa Clara-based multinational semiconductor company, Advanced Micro Devices Inc (AMD) first-quarter estimate of revenue has raised a lot of eyebrows as it came in far below the estimates of analysts. Such a situation is a result of declining demand from gaming console makers despite its data center and PC chips business tracking a revival in the chip industry. It has become known from the reports of January 28, 2020.AMD saw its stock price decline as much as 4% after the company announced...

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CES 2020: Apple Returns Unexpectedly with a Few Surprises

Apple returns to the Consumer Electronics Show (CES). It is happening right now in Las Vegas. The technology giant and smartphone maker hadn’t attended the event as much as twenty-eight years. It came as a bit of a shock to many who hadn’t expected the technology giant to show up and this afforded them the chance to do quite a bit. Apple didn’t show up with any fancy hardware or innovations for which they are known for. Jane Hovarth who is the senior director for privacy at Apple was around...

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CES 2020: Sony Unveils Its Electric Concept Car Vision-S

Right from making camera lenses, smartphones, to now making cars. Yes, this is the journey of Japanese tech giant Sony that has recently unveiled its electric concept car at the CES 2020 event.The automobile industry is undergoing a sea change with the massive technological transformation taking place. Thus, Sony plans to cash this opportunity by showcasing its technological prowess. On Tuesday, January 7, the tech giant presented its electric concept car called the Sony Vision-S.The major...

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Google Acquires Game Developer Typhoon Studios to Boost Its Stadia Platform

Tech giant Google seems to be putting a special focus on boosting its Stadia games and entertainment platform. On Thursday, December 19, Google announced acquiring the Montreal-based game development platform Typhoon Studios.Typhoon is a very young platform that started just three years back. The Studio has scheduled its first and upcoming release dubbed “Journey to the Savage Planet” in January 2020. Besides, the title shall be available on multiple platforms. Also, it is very much likely...

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Sony PlayStation 5 Officially Launches ‘Holiday 2020’ with a New Controller

After long waiting, Sony Interactive Entertainment has finally officially confirmed that its upcoming next-generation console will indeed be called PlayStation 5 and will be ‘launching in time for Holiday 2020’.We have already reported of Microsoft and Sony that decided to merge in order to fight competition from Amazon and Google in the provision of cloud gaming services that are expected to take the gaming world by storm in the near future.Playstation never had imaginative names. Since the...

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