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The Switch 2 is significantly cheaper in Japan than in the US

Nintendo has finally dropped more details about its hotly anticipated Switch 2 console, set for a June 5 release and a $450 price point in the US.

Many were quick to point out that the console is significantly cheaper in Japan, where a Japanese language system will retail for 49,980 yen (roughly $334). The $116, or 35%, price difference is a hefty jump from the launch day price discrepancy between the countries for the original Switch console.

In 2017, the Switch was priced at 29,980 yen (then $260), or about $40 (15%) less than the $300 US price point.

Theres a possibility that tariffs could have played a factor in the jump, though inflation, currency conversion rates, and shipping costs are all also possible causes. Its also worth noting that a multi-language Switch 2 retails for 69,980 yen ($467) in Japan.

Analysts who spoke with Sherwood News said that any price point below $500 wouldnt likely hurt the eight years of pent up demand for the juiced-up console.

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Report: OpenAI won’t pay a dime in cash for its 3-year licensing deal for Disney IP

More financial details behind the landmark deal that will grant OpenAI three years of access to Disney intellectual property are coming out, and they’re pretty surprising.

The deal will reportedly see OpenAI pay zero dollars in licensing fees, instead compensating Disney in stock warrants. It was previously reported that Disney would invest $1 billion into OpenAI as part of the agreement.

It’s very abnormal for Disney to grant anyone access to its massive IP library without a cash payment, and the entertainment juggernaut has been known to strike down even crocheted Etsy Yodas for infringing on its turf. In its fiscal year 2025, Disney booked more than $10 billion in revenue from licensing fees across merchandising, television, and theatrical distribution.

It’s very abnormal for Disney to grant anyone access to its massive IP library without a cash payment, and the entertainment juggernaut has been known to strike down even crocheted Etsy Yodas for infringing on its turf. In its fiscal year 2025, Disney booked more than $10 billion in revenue from licensing fees across merchandising, television, and theatrical distribution.

business

Ford says it will take $19.5 billion in charges in a massive EV write-down

The EV business has marked a long stretch of losing for Ford, and today the automaker announced it will take $19.5 billion in charges tied, for the most part, to its EV division.

Ford said it’s launching a battery energy storage business, leveraging battery plants in Kentucky and Michigan to “provide solutions for energy infrastructure and growing data center demand.”

According to Ford, the changes will drive Ford’s electrified division to profitability by 2029. The company will stop making its electric F-150, the Lightning, and instead shift to an “extended-range electric vehicle” that includes a gas-powered generator.

The Detroit automaker also raised its adjusted earnings before interest and taxes outlook to “about $7 billion” from a range of $6 billion to $6.5 billion.

Ford’s write-down is one of the largest taken by a company as legacy automakers scale back on EVs, giving EV-only automakers a market share boost.

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