The company will sell additional shares and hold a bond offering to raise the required funds that it says will be used to help it transform "into a highly profitable enterprise."
Stepping into the void of Apple's silence on sales figures, a research firm finds clues to how well the Watch is doing.
The PC maker recorded a net income of $100 million, beating analysts' expectations.
A dissection of the watch by researcher IHS shows that a relatively low cost for parts could add up to more money for Apple.
Although first-quarter results beat expectations, the company warns of a weaker current quarter. The networking site for professionals may be investing faster than it can make up for it in sales.
The company lost 126 billion yen ($1.05 billion) in the fiscal year ended in March, but it expects to turn that around with a 140 billion yen profit next fiscal year.
Sony's games division has recorded an operating profit of $404m, with nearly 15 million PS4s sold in the past 12 months. However, PS Vita sales continue to decline.
The e-commerce pioneer's overall results hid the differing paths of eBay's two main businesses, with PayPal growing and eBay.com floundering.
After a woman reportedly earns $6,500 per month off Airbnb for her rent-controlled Manhattan apartment, a judge issues her a temporary injunction to halt immediately.
Electronics giant estimates operating profit declined 30 percent year-over-year.