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Articles tagged with: loss

Nintendo Takes 40% Off 3DS Price Tag

Nintendo is already going down the success slope because of poor sales of its recently released 3D gaming console, Nintendo 3DS. This has put Nintendo in some serious trouble. In order to manage the company so that it doesn’t become bankrupt, Nintendo is forced to cut the price of its gaming console in two of the major regions of its availability.

Nintendo 3DS was initially sold for 25000 yen in Japan and for $249-99 in US. It seems that in order to cover the manufacturing costs, Nintendo has reduced the price of their console by as much as 40%. The same console which was sold for 25000 yen would now be available for 15000 yen in Japan and for approximately $150 in US.

Sony Flakes On Congressional Meeting, U.S. Gov’t Furious

With over 100 million Sony users having their information hacked, and nearly 13,000 stolen credit cards, you’d think the people at Sony would realize they are in deep $hit. Well, apparently the company is not ready to face the music quite yet, as it has declined to testify at an imminent US Congressional hearing. The hearing will address “The Threat of Data Theft to American Consumers” and will be held by the Subcommittee of Commerce, Manufacturing and Trade this Wednesday.

Amazon’s EC2 Cloud Crash Loses Data, Permanently

Amazon’s recent EC2 cloud service crash has permanently destroyed some data. Fortunately, the amount of damage is minimal compared to what could have happened, but in any case, this should have never happened. Amazon has not yet given a complete explanation on what has happened from the crash. I am sure that many people are perplexed as to how Amazon could have lost data, after all, it is hard to imagine such a large company making such a mistake, even though we are all only human on the surface. According to BusinessInsider, Amazon had sent a letter to a big customer explaining the permanent loss of the customer’s data. The letter reads: