Tag Archives: business

Nintendo admits Wii U is a flop

According to Nintendo, the Wii U is officially a flop. The company has confirmed what many already suspected and also reported another annual loss, which makes this their third in a row.“We failed to reach our target for hardware ...

Intel to cut over 5,000 jobs

On Friday Intel announced that it would be cutting over 5,000 jobs from their workforce. It isn’t the worst loss that a company can get hit with, and presently Intel has 107,000 employees, but its still a blow nonetheless. I...