Sony's Q4 operating profit more than doubles

Japan's Sony Group Corp said on Tuesday its fourth-quarter operating profit more than doubled to 138.6 billion yen ($1.06 billion), helped by a strong performance at its gaming and network services business. https://ift.tt/QRfjY3v

Sony reports Q4 gaming revenue rose 4.9% YoY to ~$5.1B; PS5 sales were 2M, reaching 19.3M in total, around 3.1M behind the PS4 at the same point in time (Steve Dent/Engadget)

Steve Dent / Engadget:
Sony reports Q4 gaming revenue rose 4.9% YoY to ~$5.1B; PS5 sales were 2M, reaching 19.3M in total, around 3.1M behind the PS4 at the same point in time  —  Sony announced that it sold just 2 million PlayStation 5 units last quarter (Q4), bringing its overall total to 19.3 million.

Payments firm BharatPe may fire several employees, here's why

Indian payments startup BharatPe said on Tuesday its board had recommended several measures, following a corporate governance review, including termination of several employees and vendors and filing criminal cases against them for misconduct. https://ift.tt/z1glt7X

Palantir reports Q1 revenue rose 31% YoY to $446M but forecasts Q2 revenue will be below estimates at $470M, a 25% YoY growth rate; stock drops 16%+ (Chavi Mehta/Reuters)

Chavi Mehta / Reuters:
Palantir reports Q1 revenue rose 31% YoY to $446M but forecasts Q2 revenue will be below estimates at $470M, a 25% YoY growth rate; stock drops 16%+  —  Palantir Technologies Inc (PLTR.N) forecast second-quarter revenue below Wall Street expectations on Monday, indicating slowing sales growth …

Bitcoin falls by up to 4.6% to $32,800, its lowest level since July 2021, as investors back away from risky investments; Cardano, Polkadot, and others also drop (Sidhartha Shukla/Bloomberg)

Sidhartha Shukla / Bloomberg:
Bitcoin falls by up to 4.6% to $32,800, its lowest level since July 2021, as investors back away from risky investments; Cardano, Polkadot, and others also drop  —  Bitcoin slumped to a level last seen in July 2021, part of a wider retreat in cryptocurrencies triggered by a global flight from riskier investments.

In an email to staff, Uber CEO Dara Khosrowshahi says the company will cut spending on marketing and incentives, treat hiring as a "privilege", and more (CNBC)

CNBC:
In an email to staff, Uber CEO Dara Khosrowshahi says the company will cut spending on marketing and incentives, treat hiring as a “privilege”, and more  —  - Uber will slash spending on marketing and incentives and treat hiring as a “privilege,” CEO Dara Khosrowshahi said in an email to staff on Sunday.