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Hitting the Rewind Button on the Walkman Agence France-Presse Sunday, July 5, 2009 TOKYO -- Thirty years ago Sony launched the Walkman, the portable cassette player that revolutionized the way people around the world listened to music but has since been overtaken by an icon of the digital age: the iPod. Sony co-founder Masaru Ibuka came up with the idea for the gadget on one of his overseas trips, during which he used to listen to music on tape recorders that were too heavy to be considered truly portable. The Walkman's success helped transform the Japanese company into a global electronics powerhouse. But after its launch on July 1, 1979, the Walkman faced poor initial reaction. Many retailers thought that a cassette player without a recording mechanism had little chance of success. Yet total sales of the Walkman have... [read full story]
Abu Dhabi National Hotels (ADNH) announced today that its profits for the first nine months ending 30th September 2009 reached Dhs372.5m, an increase of 27.8% over Dhs291.5m for the corresponding period in 2008.
By Matthew Elliott Sony has always placed an emphasis on design, so it's no surprise that the Sony VAIO VGN-NW270F/S ($799 from Staples) stands out from the mainstream laptop crowd with its unique, textured plastic chassis. The...
by: Washington November 08, 2009 | about: ) is actually already being broken up: Citigroup Inc.... is already being broken up under part-ownership by the government, [Richard] Bove and other analysts say... Citigroup, roughly a...
by: Market Folly November 08, 2009 | about: Recently, Philip Falcone's hedge fund Harbinger Capital Partners filed an amended 13D on shares of Zapata . The fund now shows a 51.6% ownership stake in Zapata with 9,950,061 shares....
