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My previous/alt account is yetAnotherUser@feddit.de which will be abandoned soon.

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Cake day: June 1st, 2024

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  • Ah sorry, a couple errors on my part.

    “Venture capitalist” was supposed to be “private equity”.

    “Consumer electronics” is apparently only referring to the audiovisual (TV, speakers etc) line of Philips. That was sold to the Chinese but not private equity firm TPV Technology.

    Philips Domestic Appliances which contains e.g. vacuums, blenders, and coffee machines was sold to the Chinese private equity firm Hillhouse Capital Group.

    And the lightbulbs (Philips Hue etc.) were spun off into the still Dutch Signify.

    Still part of Philips seem to be products in the categories:

    • Body care and shaving
    • Baby care
    • Apparently car headlights?
    • Healthcare










  • The reason the Wii U failed wasn’t because of its name. Sure, it didn’t help the slightest but Nintendo’s console iterations have struggled in the past because they hardly bring anything new. The Wii U brought literally just a gamepad (and stronger hardware, though marketing focused on the gamepad). Why pay so much for an incremental upgrade? The same fate nearly occured to the 3DS:

    The Nintendo 3DS was released in Japan on February 26, 2011, and worldwide beginning the next month.[10][11] Less than six months after launch, Nintendo announced a significant price reduction from US$249.99 to US$169.99 amid disappointing launch sales.

    After all, why pay money just for a 3D effect? Without continued support and selling at a loss, the 3DS would have bombed.

    By the way, the Xbox One - despite its similarly stupid name - never faced the same issues as the Wii U because people actually wanted it.