Sony's first new game console in seven years, the PlayStation 4, goes on sale today in North America. Shuhei Yoshida of Sony Computer Entertainment Worldwide Studios says of the launch, "We had to redefine our platform almost, and we have come to conclude that this is the beginning of a new era of PlayStation, shifting more from a hardware focus to a service focus." With Sony's turnaround apparently faltering in recent months, SMBC Nikko Securities analyst Koki Shiraishi says, "The question is how profitable it will be, and we can’t really expect the PS4 business to generate double-digit margins like the first- and second-generation PlayStation consoles did.”
Ramar Foods pulls in more than $10 million a year selling "lumpia" sticks and other Filipino specialties, but, like many ethnic-food companies, its growth was constrained by the size of its immigrant community. With competitors eating away at its margins, Ramar is focusing on new markets, including franchise restaurants that specialize in different cuisines but are run by immigrants familiar with Filipino fare. Another target: high-school cafeterias, where Filipino teens can introduce lumpia to classmates as the next "trendy" ethnic food.
Intel has forged a deal to acquire McAfee for $7.68 billion, and will integrate the company's security technology into its chips for computers, smartphones and consumer electronics. However, some analysts said the expenditure seems excessive given the limited apparent synergies. "Eventually the software features will get embedded in the hardware. So maybe this is an expensive way for Intel to acquire domain expertise," said analyst Ashok Kumar of Rodman & Renshaw.
Shifting your IT applications to the cloud demands a comprehensive strategy as well as a case-by-case litmus test, Kevin Fogarty writes. Analyze the business reasons for adopting software-as-a-service, examine the architecture of the move, carefully consider which applications would be useful and check into your cloud provider's background, he writes.
Researchers have gathered 22 years worth of data to create a map of the vast patch of garbage swirling in the North Atlantic, which was found to stretch in its most concentrated form from Virginia south to Cuba. The research could help map the location of other garbage patches, or gyres, and help predict future changes; cleanup is not considered possible.