Technology

Disney turns in strong earnings despite theme park attendance declines

They were forecasting US$1.6 per share three months ago. The company has a market cap of $156.84 billion and a price-to-earnings ratio of 17.80. Disney agreed to pay $1 billion in two installments, now and in January, and has the option to acquire majority ownership.

Technology

PS4 NEO release date update for announcement

Perhaps TGS would be an ideal platform for Sony to showcase some of their hotly anticipated titles like Final Fantasy XV and No Man's Sky running on the newer console with better graphics and frames. The rumors we've heard to date suggest that Sony will rigidly enforce backwards compatibility requirements for this new PS4. Regardless, the new PlayStation console is expected to be more powerful than the current PS4.

Technology

How to watch the Olympics on TV, online & mobile

NBCSN's full-day coverage on Saturday (9 AM-midnight ET) drew 1.8 million viewers - up 45% from the comparable day in 2012. If it boosts audiences for the Olympics, it'll also help Comcast recoup some of the $4.4 billion that NBC paid for the US broadcast rights over six years.

Technology

Tesla Loss Grows as it Falls Short of Sales Goals

Tesla delivered a total of 14,402 new vehicles in the quarter ending in June, and exited the quarter after producing 18,345 cars . Musk used the call to detail Tesla's finances - the Palo Alto electric auto company saw second quarter losses climb 59 percent from the same period a year earlier to $293 million.

Technology

Samsung's new jumbo phone unlocks with iris scanner

Last week, we dropped a leak that showed the new Gear VR headset before primetime. On its Next Every Year plan - in which you can grab a new phone after paying 12 months of fees, rather than 24 - it'll go for $36.67 per month for 24 months.

Technology

Facebook Inc Tops Estimates as Mobile Ad Revenues Lead the Charge

Analysts expected Facebook to post earnings of about 57 cents per share. After the company has announced good second-quarter earnings, Facebook stock reaches record high. Facebook CEO Mark ZuckerbergSteve Jennings/GettyFacebook just smashed its Q2 earnings. Facebook is faring better in the shift toward mobile and video compared to its long-time rival, Twitter , which revealed its slowest growth in quarterly revenue in three years .