JAPANESE GAMEMAKER Nintendo has upgraded its 3DS handheld to sport a screen nearly twice the size of the previous model amid hot competition from smartphones and tablets that are wooing people away from dedicated gaming machines. Nintendo's 3DS LL, called 3DS XL in overseas markets, goes on sale in Japan and Europe on July 28, and in the U.S. on Aug. 19. It will sell for $199.99 in the U.S.
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DIRECTV says it has reduced the programming hours of its 24-hour 3-D channel, n3D, due to a shortage of 3-D content. The dearth of 3-D programs led to the same shows being run in a constant loop. Spokesman Robert Mercer said the channel continues to air 3-D shows like Guitar Center Sessions and plans to air Olympics coverage in 3-D this summer. To watch the channel, DirecTV subscribers need a 3-D-ready TV, an HD receiver, and HD service, which costs $10 a month.
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IVAN SUTHERLAND, an American regarded as the father of computer graphics, was named one of the winners Friday of the annual Kyoto Prize, Japan's highest private award for global achievement. Sutherland is perhaps best known for developing the Sketchpad in 1963. The graphics interface program allowed users to manipulate figures on a screen through pointing a device. Sutherland will receive a diploma, a gold Kyoto Prize medal and a cash gift of $630,000 at a ceremony in Kyoto in November.
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SECOND-QUARTER earnings for Miami-based Carnival Corp., significantly down from the $206 million the cruise operator earned a year earlier, due to losses on fuel price contracts
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THE BOTTOM LINE: Swedish retailer IKEA to invest $1.9 billion to set up shop in India, with initial plans to open 25 stores ... Orlando-based Darden Restaurants, owner of Olive Garden and Red Lobster, earned $151.2 million in latest quarter, up from $137.4 million a year ago