A world of $900 game consoles

Sony and other electronics makers are passing the burden of supply chain woes on to consumers. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

Hi, you're receiving our free Tech In Brief newsletter because you had been getting one of Bloomberg's technology newsletters that are now subscriber-only. You can manage your subscriptions here. Tech Across the Globe Ajinomoto looks tasty: UK-based activist fund Palliser Capital has expanded its hunt for overlooked AI beneficiaries in Japan with a stake in seasoning maker Ajinomoto. Best known for its MSG products, Ajinomoto also provides an essential chip insulation film, which Palliser reckons should be priced higher. DeepSeek's blip: DeepSeek's chatbot suffered a major outage of more than seven hours overnight in China, forcing the AI pioneer to deploy several updates to rectify the issue. Uber acquisition: Uber agreed to buy the chauffeur-booking app Blacklane, just weeks after unveiling a new luxury ride option called Uber Elite. Technology Equinix Plans More South African Data Centers as Local AI Booms Global data-center provider Equinix Inc. plans to build more facilities in South Africa as part of a 7.5 billion-rand ($438 million) plan to capitalize on the continent's artificial-intelligence boom. Politics US Senators Probe FCC Chief Over Fast-Tracked Nexstar-Tegna Deal The ranking members of the Senate Commerce Committee questioned the head of the Federal Communications Commission in a Monday letter, criticizing his approval of Nexstar Media Group Inc.'s merger with Tegna Inc. without a vote of the full commission. Business Stock Futures Climb as Trump Reportedly Considers End to War Get caught up. Revalued As investors brace for a protracted conflict in the Middle East, they're electing to sell the technology stocks that have been among the market's biggest winners in recent months. Memory chipmaker Micron closed 10% lower Monday and fell even further in post-market trading. In Seoul, Samsung slumped nearly 5% and SK Hynix dropped as much as 7.7% early on Tuesday. Must Read Sony's decision to hike the prices of its PlayStation 5 lineup has delivered the world's first $900 home games console. In today's Tech In Depth essay, Vlad Savov writes about the implications — and profound uncertainty — for the future of the video games industry, which is already reeling from runaway costs and painful layoffs More from Bloomberg Get Tech In Depth and more Bloomberg Tech newsletters in your inbox: Cyber Bulletin for the shadow world of hackers and cyber-espionage Game On for diving deep inside the video game business Power On for Apple scoops, consumer tech news and more Screentime for a front-row seat to the collision of Hollywood and tech Soundbite for the podcasting and music industries plus audio trends Q&AI for answers to all your questions about AI We're improving your newsletter experience and we'd love your feedback. If something looks off, help us fine-tune your experience by reporting it here. Follow us You received this message because you are subscribed to Bloomberg's Tech In Brief newsletter. If a friend forwarded you this message, sign up here to get it in your inbox. Unsubscribe Bloomberg.com Contact Us Bloomberg L.P. 731 Lexington Avenue New York, NY 10022 |