Angry Birds wing it, go 3D

Finnish entertainment company Rovio, creator of the hugely popular Angry Birds brand, on Thursday said it was betting on a new 3D release to swoop back from a massive loss in profit.

CEO: Sony needed to act sooner, but will reform (Update)

Sony Corp. Chief Executive Kazuo Hirai said Thursday the company accumulated huge losses because it didn't respond quickly enough to changing market conditions, but promised a return to profit next year.

Sohu profit tumbles to $2 million, revenue up

Chinese portal Sohu.com Inc. said Monday its latest quarterly profit tumbled to $2 million due to higher expenses but revenue rose 29 percent, reflecting intense competition in China's Internet industry.

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