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  • Ford (F) expects Model E EV division to lose $3 billion in 2023

Ford (F) expects Model E EV division to lose $3 billion in 2023

Ford's EV division is expected to continue losing money throughout the year.

Netflix (NFLX) bought back $400 million of stock in Q1, expects to accelerate future repurchases

It would appear that Netflix is on the move to aggressively buy back a wealth of its shares, having reacquired 1.2 million in its fiscal Q1 2023.

Expert expects 2023 will see a rise in ‘zombie’ venture capital firms as tech valuations fall

Some say that venture capital firms could soon be facing a rough stretch.

Sony Expects to Sell 10 Million PS5 Consoles in 2023 Holiday Season – Report

Sony is reportedly projecting to sell over 10 million PS5 The post Sony Expects to Sell 10 Million PS5 Consoles in 2023 Holiday Season – Report appeared first on PlayStation…

Ford (F) expects Mustang Mach-E production to be at a 600,000/year run rate by the end of 2023

Ford aims to have an annual run rate of 2 million by the end of 2026.

Meta expects Reality Labs to continue losing money

Meta expects Reality Labs to keep losing money, but sees long-term benefits.

NBCUniversal Boss Expects Disney To Write Big Check For Hulu

Disney already counts Hulu among its properties when bragging about streaming numbers, but the truth is that they share the service with Comcast right now. The telecom giant is interested…

Gran Turismo Boss Expects the Series to Arrive on PC

The PlayStation exclusive racing franchise Gran Turismo could be coming to PC according to series' creator Kazunori Yamauchi.

Nintendo Switch Sales Pass 114 Million, But Company Expects To Sell Fewer Units This Fiscal Year

Nintendo Switch sales have continued to climb, as 114.3 million consoles have shipped out as of September 30. These new numbers came from Nintendo's results for the first 6 months…

PS Plus Lost 1.9m Subscribers Since Revamp But Sony Expects to Recover

Sony Interactive Entertainment has lost nearly two million PS Plus The post PS Plus Lost 1.9m Subscribers Since Revamp But Sony Expects to Recover appeared first on PlayStation LifeStyle.