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Posts with tag fired

Sony replaces top TV executive, attempts to boost profits

As of tomorrow, Takashi Fukuda will no longer have his job as Sony's top television executive, and no, it's certainly not an April Fool's joke of any kind. Reportedly, Hiroshi Yoshioka, the current head of the company's audio business, will be taking over and attempting to slash costs and boost profits. Sony's TV unit has been struggling of late to remain profitable in the incredibly competitive flat-panel market, and while its Trinitron CRTs once ruled the roost, tables have certainly turned since. Recently, Mr. Fukuda noted that Sony may have honed in too much on large, high-end sets while overlooking demand for budget-priced TVs, and quite frankly, we couldn't agree more with his assertion. [Warning: Read link requires subscription]

[Image courtesy of Tech-On]

Digeo lays off half of its employees, replaces CEO

Merely days ago, Digeo trumpeted a number of Moxi-related partnerships and simultaneously failed to give us any additional details as to when we could expect either of its standalone HD DVRs. Now, we could have a reason why. According to a breaking report from The Wall Street Journal, the firm is axing 50-percent of its staff (leaving 80 employees) and Mike Fidler, CEO, is handing over his position to Greg Gudorf, the company's current president and chief operating officer. As if that weren't enough, the report also claims that Digeo will "not release two digital media recorders that had been planned," and rather, it will "focus on a [single] next-generation consumer model." Notably, we aren't told whether or not said model is the HD DMR that's already out in beta testers' hands, but we suppose only time will tell. [Warning: read link requires subscription]

Update: We've now learned that the oft delayed Moxi Multi-Room HD DMR and the Moxi Home Cinema Edition DMR will not be released. Additionally, we're told that details about the firm's upcoming consumer DMR (which will be released) will be "announced later in the year." Full release posted after the jump.




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