Sony is not happy with the performance of Destiny 2, the company confirmed in its latest Q2 earnings announcement. "Regarding Destiny 2, partially due to changes in the competitive environment, the level of sales and user engagement have not reached the expectations we had at the time of the acquisition of Bungie, Inc." Sony Chief Financial Officer Tao Lin said. In response, the company is recording around a $204 million impairment on the developer's intangible assets.The impairment isn't equivalent to money lost, but rather a representation of Destiny 2 not meeting the sales and engagement models Sony made when it acquired Bungie. The "intangible assets" Bungie brought to the deal, like the Destiny IP and the developer's existing customer relationships, [...]
Amazon Prime Day is here, and it’s the perfect time to consider upgrading that old 1080p or first-gen 4K set. While it’s been nice to see TV prices fall in general over the years, there’s always [...]
To say I’m familiar with Sony’s 1000X line of headphones would be an understatement. I’ve tested every pair thus far, except the OG: the MDR-1000X. With each successive model, the company manage [...]
How do you follow up a product that has reigned as the king of mirrorless cameras for the last four years? For Sony, the answer with the A1 was simple: just improve everything. The result is the $6,50 [...]
Amazon Prime Day is always a great time to consider a TV upgrade (aside from Black Friday, of course). While the prices for big screen TVs have fallen quite a bit over the years, even for coveted tech [...]
Amazon Prime Day is always a great time to consider a TV upgrade (aside from Black Friday, of course). While the prices for big screen TVs have fallen quite a bit over the years, even for coveted tech [...]
I vividly remember when Bose announced the Ultra Open Earbuds. While I applauded the company for trying something different, I wasn’t sure if the clip-on design would take hold. Well, here we are al [...]