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In this article 6758.T-JP Follow your favorite stocks CREATE FREE ACCOUNTSony aims to sell 18 million PlayStation 5 consoles in its financial year ending in March 2023. Thiago Prudencio | Lightrocket | Getty ImagesSony is likely to release a refreshed version of the PlayStation 5 this year, analysts told CNBC, after the company cut its forecast for sales of its flagship console. When this has happened in past console cycles, gaming firms have looked to bring out a refreshed piece of hardware to reinviograte sales. For example, Sony launched a "Pro" version of the PlayStation 4, the previous generation console, around three years after the PS4 was initially launched. Analysts are now expecting a PlayStation 5 Pro from Sony.
Persons: Thiago Prudencio, Serkan Toto Organizations: Sony, Lightrocket, Getty, PlayStation, CNBC, Analysts, Kantan Games Locations: Tokyo
Michael Burry invested a lot of money into the stock market last quarter, according to 13F filings. The "Big Short" investor who has held a bearish tilt towards stocks initiated 17 new positions last quarter. These are the top 10 stocks held by Burry's Scion Asset Management as of March 31. Burry posted on Twitter on multiple occasions over the last few months that he had a bearish view on stocks. These are the top 10 stocks held by Burry's Scion Asset Management as of March 31.
(Photo Illustration by Thiago Prudencio/SOPA Images/LightRocket via Getty Images)"With inflation, people are more focused than ever on affordability," he said. CEO Brian Chesky told CNBC's "Squawk on the Street" Wednesday that Airbnb is being cautious about its second quarter because of affordability pressure it is experiencing in North America. Shares of Airbnb tumbled 10% Wednesday, a day after the company released its first-quarter report that offered slightly weaker-than-expected guidance and a cautious outlook for the current quarter. In its first quarter, Airbnb beat analyst estimates on top and bottom lines, and total revenue rose 20% year over year. Analysts at Bernstein said the company posted a "solid enough" quarter despite the challenges it is anticipating in its second quarter.
Clock Is Ticking for TikTok to Reach Security Deal With WashingtonFor years U.S. officials have warned that TikTok poses a national-security risk because of its owner, China-based ByteDance. The social-media app and the Biden administration have been working to reach a deal that would protect U.S. users’ data from Beijing and allow TikTok to keep operating here. But the deal keeps hitting delays. WSJ reporter John D. McKinnon joins host Zoe Thomas to discuss the stumbling blocks and the risks of not getting a deal done soon. Photo: Thiago Prudencio/Zuma Press
Streaming is getting more expensive, but there are still some good deals to be had this Black Friday. From Amazon to HBO, there are a number of offers available if you want to catch up on "House of the Dragon" or finally watch "The Handmaid's Tale." The offer is available to new subscribers, as well as past subscribers who haven't been members for at least the past month. Prime Video — $1.99 for select channelsSopa Images | Lightrocket | Getty ImagesSubscribers to Amazon Prime already receive Prime Video included with their membership. Disney Plus — Get a full year for $79Thiago Prudencio | SOPA Images | LightRocket | Getty Images
The outage was triggered by a fire at the data center, which also hosts servers for other major Korean tech companies. KakaoTalk is not only South Korea's top messaging app, it is also heavily relied on for everything ranging from online payments, gaming and ride hailing as well as log-in verification for other major websites. That's more than 90% South Korea's population of 51.74 million people, as of Nov. 1, 2021. South Korean President Yoon Suk-yeol described the impact of Kakao's outage as "no different from the national communication network." Naver also briefly faced limited disruptions as the data center also hosts servers for the company, but resumed most of its operations on Sunday.
Kroger is building its own tech infrastructure, including automated warehouses for delivery orders. Here are Kroger's biggest e-commerce and technology initiatives:A ClusterTruck ghost kitchen inside a Kroger in the Midwest. The delivery-focused ghost kitchen touts a Cheesecake Factory-inspired menu of 80 to 100 food items. Over the last few years, ClusterTruck opened locations inside Kroger stores in Indiana and Ohio. Another partnership, this one with the autonomous-car startup Nuro, has stationed self-driving vehicles to deliver grocery orders in certain cities since 2018.
Here are Kroger's biggest e-commerce and technology initiatives:A ClusterTruck ghost kitchen inside a Kroger in the Midwest. ClusterTruckGhost kitchensIn December 2019, Kroger began improving its prepared meals offering by partnering with ghost kitchen startup ClusterTruck. The delivery-focused ghost kitchen touts a Cheesecake Factory-inspired menu of 80 to 100 food items. Over the last few years, ClusterTruck opened locations inside Kroger stores in Indiana and Ohio. But the firm, which tracks where consumers shop, said Kroger stores with the ghost kitchens are seeing an uptick in visits compared to neighboring Kroger branches.
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