Topping tech headlines Wednesday, Nintendo posted its third consecutive operating loss, reporting a ¥46.4 billion ($457 million) drop in the last fiscal year.
The game maker places a hefty amount of blame on its Wii U console, which amassed global hardware and software sales of only 2.72 million and 18.86 million units, respectively. Nintendo will not give up on the console, though, promising to “focus on efforts that seek to stimulate the platform” via new software and game titles.
Meanwhile, Sen. Al Franken urged supporters to “rise up” and fight the FCC’s proposed net neutrality rules before they change the Internet. The Minnesota Democrat’s message comes a week before the FCC’s monthly meeting, which is scheduled to include a vote on Chairman Tom Wheeler’s proposed plan.
In other news, Huawei unveiled its latest smartphone—one of the slimmest 4G LTE devices on the market. The Ascend P7 stands at 5 inches, with a 6.5mm body, as well as a host of photo functions. It also includes dual antennas for better reception and “smart network switching technology” to avoid battery drain, all for €449. There is no word on a future U.S. release.
Be sure to check out PCMag Live from Wednesday in the video, as well as a few other stories making headlines in the links below.
- Galaxy S5 Gets Samsung Knox 2.0 Security Software: Samsung has begun rolling out the next generation of its Knox enterprise security suite to the Galaxy S5.
- Microsoft Patent Tips Fitness-Based Wearable: Microsoft may be developing a smartwatch that can be locked into a wristband or removed and mounted on a dock.
- Remote-Controlled iLuv Case Simplifies Selfies: Just slide the wireless shutter remote out of the back of the case, connect it to your phone, and start snapping.
- What Is Alibaba and Why Is It Worth Billions?: Alibaba could have the biggest IPO of all time. Here’s what you need to know about the Chinese e-commerce firm.
- $700 Epson Smart Glasses On Sale Now: Epson this week launched its second-gen Moverio BT-200 smart glasses, available online for $700.
- Dropcam to Differentiate Between People and Pets: An upcoming update promises Dropcam will no longer send out false alarms caused by your cat.
- Pokemon Omega Ruby, Alpha Sapphire Coming to 3DS: The new 3DS games are reimagined versions of the Pokemon Ruby and Sapphire titles.
- Apple Reportedly Planning Two More NYC Retail Stores: The Cupertino tech giant plans to open shop in the upcoming World Trade Center mall and an uptown bank building.