Ouch: Panasonic forecasts staggering $10B annual loss

Japanese electronics manufacturer Panasonic is projecting it will lose a record $10.2 billion (780 billion yen) in 2012 as it tries to fix its struggling TV business, the company said Friday.

Panasonic will join Japanese rivals Sony and Sharp in …

Tech executives offer their views on the U.S. economy (It’s not good)

Sorry to rain on your parade, but this will only take a minute. A new report surveying leaders of technology companies indicates the U.S. economic recovery is two years away, instead of previous forecasts that it will happen in 2012.…