Bloomberg Apple Inc has issued unusual and significant stock bonuses to some engineers in an effort to retain talent, looking to stave off defections to tech rivals such as Facebook owner Meta Platforms Inc. The company informed some engineers in silicon design, hardware, and select software and operations groups of the out-of-cycle bonuses, which are being issued as restricted ...

  Bloomberg Sony Group Corp announced an exclusive game for its next-generation virtual reality (VR) headset, dubbed PSVR2, charging up the platform’s appeal just as metaverse hype intensifies. The Japanese entertainment and electronics giant introduced a teaser video for the title, from hit in-house franchise Horizon, while unveiling PlayStation VR2 with an upgraded headset and VR2 Sense controllers. Promising increased ...

  Bloomberg Samsung Electronics Co’s quarterly profit climbed more than 50% after chip prices stabilised and sales of smartphones surged, reinforcing hopes the memory industry will emerge from its downturn this year. South Korea’s biggest company posted operating income of $11.5 billion for the three months ended December, missing estimates after it distributed special bonuses to employees. But revenue jumped ...