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Sony logs 18% annual net profit jump, forecast cautious
Sony logs 18% annual net profit jump, forecast cautious

Japanese entertainment and electronics giant Sony on Wednesday reported an 18 percent jump in annual net profit but issued a cautious forecast for the current financial year. The firm logged a net profit of 1.14 trillion yen ($7.7 billion) for the 2024-25 financial year, but said it expects that to fall 13 percent to 930 billion yen in 2025-26.

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by  AFP

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BuzzFeed, Vice woes signal crisis in digital-only media
BuzzFeed, Vice woes signal crisis in digital-only media
by  AFP

With the closure of BuzzFeed News and bankruptcy looming at Vice, the once promising world of free digital media finds itself at a crossroads, seeing ad revenues dry up at the same time as disappointed investors begin walking away.

Baby animals join Mandela on environment-themed S.African banknotes
Baby animals join Mandela on environment-themed S.African banknotes
by  AFP

Lion cubs, rhino calves and other baby animals joined Nelson Mandela on new ecology-themed banknotes unveiled by South Africa's central bank on Thursday. On the back of the notes are drawings of the "Big Five" game animals -- elephant, rhino, lion, leopard and buffalo -- depicted with their cubs and calves.

Leftist US senator pushes for $17 minimum wage
Leftist US senator pushes for $17 minimum wage
by  AFP

Leftist US senator Bernie Sanders introduced a bill Thursday to raise the minimum wage to $17 an hour, reigniting the battle for better federal pay standards as workers see pandemic-era gains erased by runaway inflation. Some 35 million US workers still earn less than $17 an hour, Sanders said.

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