Panasonic May Cut More Jobs as $9.6 Billion Loss Forecast

Panasonic Corp., Japan’s third-biggest employer, eliminated almost 39,000 jobs in the past year, and its chief financial officer said the TV maker doesn’t plan another round of cuts. Investors say it has to. Even after reducing its workforce by about 11 percent --almost double the reductions at Sony Corp. and Sharp Corp. combined -- Panasonic will post a 765 billion-yen ($9.6 billion) loss in the year ending March 31, the company said yesterday. Panasonic plunged the most in at least 38 years in Tokyo trading today, making it the biggest percentage loser in the MSCI Asia-Pacific Index (MXAP), and Moody’s Investors Service said it will review the company’s debt for a potential downgrade. “They have to cut, cut, cut,” said Edwin Merner, president of Atlantis Investment Research Corp. in Tokyo, which manages about $300 million in assets. “They’re not doing it fast enough. You have to be lean and mean.” The projected second-highest loss in Panasonic’s history prompted the Osaka-based company to skip a dividend for the first time since 1950 because of an “urgent need” to improve its financial position.

New Monitoring and Repurposing Technology from Digital Nirvana on Display at CCW in New York

Content & Communications World Expo (CCW), being held from November 14-15th at the Jacob Javits Center in New York City

Netflix Lead the US OTT Market and Tops ABI Research Competitive Assessment Ahead of Amazon and Apple

Amazon and Apple captured the overall second and third positions in the US OTT vendor matrix.

Peerless-AV's SmartMount XT Line Offers More Easy-to-Install, Precision-Adjustment Features

Tool-Free Height Adjustments, Improved Hinge Mechanism, More Cabling Options Add Up to Time Savings

Walton County School District Streams High-Quality Educational Video Content to the Classroom With Visionary Solutions' AVN Encoders

Walton County School District can now cost-effectively stream live, video-on-demand (VOD), and multicast video feeds simultaneously to an unlimited number of classrooms.

If Gorgeous Had a Sound, This Would Be It - AudioControl Debuts Maestro M4 Processor

AudioControl, announced the launch of the new Maestro M4 HD. This Preamplifier, Surround Sound Processor, delivers a movie experience, including latest 3D pass through, rich in top tier audiophile quality, that will reignite the way movie buffs immerse themselves in their obsession, enthusiasm and

CEDIA RELEASES SECOND EDITION OF TECHNICAL REFERENCE MANUAL

Includes key updates, as well as new material on HDMI and Troubleshooting. Addressing a specific area of the industry, each chapter provides information in a clear and succinct way.

"Both an Art and a Science in Design", AudioControl Launches its New 12 and 16 Channel Architectural Amplifiers

AudioControl's new series of Architectural multi-channel amplifiers provide authoritative power, pristine sonics and installer-friendly equalization controls without sacrificing valuable rack space. These new models squeezing 12 or 16 channels of cool running, great sounding, high power amplification into three rack spaces.

Asoka Debuts Industry's Smallest, Lowest Power PLC Home Networking Adapters

PlugLink® Adapters Available in 200 Mbps with Single Ethernet Port or 500 Mbps with Dual Ethernet Ports

YALE TO ADD CYLINDERLESS LOCK TO REAL LIVING LINE OF HOME CONTROL AND SECURITY SOLUTIONS

Absence of Cylinder Means Improved Security, Easier Installs

Monitor Audio Introduces The Monitor MR Series

Monitor Reference Series looks to build on the strengths of the former series with improved cabinetry, components and ultimately the performance.

Monitor Audio Introduces The MASS Satelite System

Monitor Audio's diminutive MASS home cinema system offers sculpted space-efficient design, packed with technology and easy-installation features to make the introduction of high quality home cinema sound into any living space a simpler and more satisfying experience.

Monitor Audio Introduces The New & Improved 100-200-300 Series

In-Ceiling & In-Wall Trimless Speakers

Monitor Audio Introduces The airstream ws100

Monitor Audio's WS100 wireless multimedia speaker system proves that you needn't work too hard for great sound.

NEWS: DVI, USB, RS-232 and Audio to 2000 Meters.

Gefen today announced that its newest KVM (keyboard, video, mouse) extender is currently shipping.

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Automation & Control - Featured Product

Light sockets; Not just for lights anymore

Light sockets; Not just for lights anymore

Smart Bulbs are out there and they can do far more then just provide light. Speakers, projectors, wi-fi extenders and more. The standard light socket that is wired up and ready to go in nearly every home in North America is now providing an easy and affordable option for home owners and renters alike to enter into the world of the "Smart Home". Here is a look at some of the Smart Bulbs and Smart Lighting options out there, and this list is just the beginning. In this ongoing article we hope to continue to add to and grow this list, so stay tuned!