Japanese video game maker Nintendo Co Ltd (7974.T) said on Tuesday it plans to lift workers' base pay by 10% even though a firmer yen forced it to trim its full-year profit forecast. The hefty pay hike comes amid calls by Prime Minister Fumio Kishida for Japanese companies to pay workers more as inflation takes hold in an economy used to years of deflation and stagnant wages, and as Japan prepares for its annual spring round of labour negotiations.

Apple, Amazon and Alphabet all posted disappointing quarterly results this week, while Facebook parent Meta bucked the gloomy trend in technology with better-than-expected revenue. Apple reported its first revenue drop in nearly four years after COVID-19 restrictions on its factories in China curtailed iPhone sales during the crucial Christmas holiday season.

Computer manufacturer Dell is set to cut about 6,650 jobs representing 5 percent of its global workforce, according to a report from Bloomberg. Announced in a memo on Monday, Dell Co-Chief Operating Officer Jeff Clarke said that the company’s previous cost-cutting measures, such as a pause on hiring and limitations on travel, have proved insufficient, and that the company is experiencing market conditions that “continue to erode with an uncertain future.”

Sony Interactive Entertainment has shattered records for its most profitable quarter yet, pulling in a whopping $8.8 billion during the three-month period ended December 31, 2022. This is a record figure for the PlayStation hardware business during Q3 FY222, with console earnings firing past $3 billion thanks to the PS5‘s ever-growing success. Sony’s gaming business generated revenue of $8.797 billion, with total Games & Network Services revenues growing 23% year-on-year, representing a $1.6 billion increase.

Delta's new free inflight internet service is better and more stable than earlier services and free to all SkyMiles members.

When you travel for work like I do, second-best gadgets won't cut it. Here's my pick of the best of the best gadgets for 2023 road warriors.

Netflix’s contentious bid to prevent users from sharing their passwords has hit a speed bump. Earlier this week, the streamer detailed plans to prevent people from accessing its service free through someone else’s account. The rules – which included a requirement that users must verify the devices they watch on at least once every 31 days – were trashed by some incensed customers who accused Netflix of being heavyhanded with subscribers.

Some health companies' quarterly earnings were boosted by COVID-19 products in the past few years, and most are starting to see a shift away from pandemic profits for 2023. Wells Fargo analyst Mohit Bansal said as much about three companies reporting earnings this week: "COVID is pretty much out of the models. Pfizer (PFE) is probably the only one in our coverage where it is still a significant part of it because it was their biggest business last year."

Activist short selling is certainly controversial. But it’s not necessarily illegal nor unethical.

The government is under pressure to rethink its windfall tax on energy companies after Shell reported one of the largest profits in UK corporate history, with the surge in energy prices sparked by Russia’s invasion of Ukraine pushing the oil company’s annual takings to $40bn (£32bn). Opposition parties and trade unions described Shell’s bonanza, the biggest in its 115 year history, as “outrageous” and accused Rishi Sunak of letting fossil fuel companies “off the hook”.

PayPal is shedding around 2,000 jobs, or 7% of its workers, as it becomes the latest big tech firm to cut costs. The online payments company says it was forced to make the decision as it faces "the challenging macro-economic environment." PayPal's announcement follows tens of thousands of layoffs by technology giants in the last month alone.

Dutch health technology company Philips (PHG.AS) will scrap another 6,000 jobs worldwide as it tries to restore its profitability and improve the safety of its products following a recall of respiratory devices that knocked off 70% of its market value. Half of the job cuts will be made this year, the company said on Monday, adding that the other half will be realised by 2025.

Cats and dogs can live together and Red Hat can support RHEL on the Oracle cloud.

A Google executive claims he was booted by the tech giant for rejecting a high-ranking female colleague’s grabby advances at a posh company dinner. Ryan Olohan, 48, accuses Google of firing him after one its top executives, Tiffany Miller, groped him at a Chelsea restaurant in December 2019 and told him she knew he liked Asian women — which Miller is, according to a blockbuster November federal lawsuit filed in Manhattan.

Asia’s richest man is rocked by a U.S. short-seller’s allegations of fraud and money laundering. Suspicion is creating chaos in the empire built by the Indian billionaire Gautam Adani, who since last year has become the richest man in Asia.

Just like the McRib, straws might be a thing of the past at McDonald’s. The chain has begun testing strawless lids in some US cities as part of a multi-year effort to make its packaging more environmentally friendly.

The Walt Disney Company’s massive modern empire is a far cry from the small animation studio Walt Disney and his brother Roy founded in 1923. One hundred years ago, the two brothers took a train from their hometown of Kansas City, Missouri, to Los Angeles, where they worked out of their uncle’s garage before purchasing a tiny studio space on Kingswell Avenue.

The cooling of the semiconductor market is happening faster—and proving colder—than companies might have expected, as chip firms across the board face a tougher market owing to a combination of excess inventory at retailers and a cooling market for consumer electronics.

Tesla pushed above a market valuation of $500 billion on Thursday after the EV maker's record quarterly profit fueled a rally that chipped further away at last year's stock plunge. The stock jumped as much as to 11.7% to reach $161.42 a share, propelling the company's market capitalization to $510 billion.

Nothing good – the recent layoffs hit its best and brightest leaders hard