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Nintendo Hikes Switch Forecast as Hardware Release Expectations Rise 

This photo taken on January 12, 2024 shows a young customer looking at a display for Super Mario by the Japanese gaming company Nintendo, at an electronics store in Tokyo. (AFP)
This photo taken on January 12, 2024 shows a young customer looking at a display for Super Mario by the Japanese gaming company Nintendo, at an electronics store in Tokyo. (AFP)
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Nintendo Hikes Switch Forecast as Hardware Release Expectations Rise 

This photo taken on January 12, 2024 shows a young customer looking at a display for Super Mario by the Japanese gaming company Nintendo, at an electronics store in Tokyo. (AFP)
This photo taken on January 12, 2024 shows a young customer looking at a display for Super Mario by the Japanese gaming company Nintendo, at an electronics store in Tokyo. (AFP)

Nintendo on Tuesday raised its full-year Switch sales forecast to 15.5 million units from 15 million units previously, as the company squeezed sales out of the aging console over the year-end shopping season.

With the hybrid home-portable Switch nearing its eighth year on the market, expectations are rising that Nintendo will release new hardware this year.

"We want to maintain the momentum of the Switch business," Nintendo President Shuntaro Furukawa told an earnings briefing.

The Kyoto-based gaming company sold 13.74 million Switch units in the first nine months of the financial year, an 8% decline on the same period a year earlier.

The lifecycle of the Switch has been extended by a string of hits such as "The Legend of Zelda: Tears of the Kingdom", which launched last May, and "Super Mario Bros. Wonder", which went on sale in October and has sold more than 10 million units.

The Switch, whose iterations include the handheld only Switch Lite and a version with an OLED display, followed the poorly performing Wii U and has total sales second only to the Nintendo DS handheld after passing the Wii.

Nintendo shares closed down 0.5% ahead of earnings and have gained 14% year-to-date.

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SDAIA Builds Regulatory Environment for Data, AI to Promote Responsible Use

SDAIA Builds Regulatory Environment for Data, AI to Promote Responsible Use
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SDAIA Builds Regulatory Environment for Data, AI to Promote Responsible Use

SDAIA Builds Regulatory Environment for Data, AI to Promote Responsible Use

The Saudi Data and AI Authority (SDAIA) has contributed to building and enhancing the regulatory environment for data and artificial intelligence through governance frameworks that protect individual privacy, safeguard national data sovereignty, and promote the responsible use of AI tools and applications in line with international best practices, reflecting the Kingdom’s commitment to global leadership in data and AI governance, SPA reported.

As part of the Kingdom’s efforts to strengthen the regulatory environment for data and AI, SDAIA has developed a range of regulatory tools that serve as a national reference.

These include the Personal Data Protection Law and its executive regulations, national data governance policies, data management and protection standards, and the National Data Index (NDI), which assesses data management maturity among government entities.

In the field of AI governance, SDAIA has launched 10 regulatory documents covering the ethical and responsible use of AI, including AI ethics principles and generative AI principles for government entities.

Technology

Meta Takes Legal Action Against Israeli Spyware Firm NSO

The logo of Meta at the Meta Lab in Los Angeles, California, US, May 20, 2026. (Reuters)
The logo of Meta at the Meta Lab in Los Angeles, California, US, May 20, 2026. (Reuters)
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Meta Takes Legal Action Against Israeli Spyware Firm NSO

The logo of Meta at the Meta Lab in Los Angeles, California, US, May 20, 2026. (Reuters)
The logo of Meta at the Meta Lab in Los Angeles, California, US, May 20, 2026. (Reuters)

Meta said on Monday it is filing a federal court contempt order against Israeli spyware firm NSO Group for violating a permanent injunction that barred it from ever targeting WhatsApp and its users. 

The company said its WhatsApp messaging service disrupted new spear phishing attempts linked to NSO, an entity blacklisted by the US government for engaging in activities that are contrary to ‌the national ‌security or foreign policy interests. 

These ‌attempts ⁠were similar to ⁠previous "1-click phishing campaigns," aimed to trick users into clicking malicious links and direct them to external websites, Meta said in a blogpost. 

"1-click" is a type of cyberattack where a single click on a malicious link or attachment is sufficient ⁠to compromise a victim's device or ‌account, without requiring them ‌to enter their credentials. 

Meta said WhatsApp took down test ‌accounts and groups created by NSO on its ‌platform. NSO did not immediately respond to a Reuters request for comment. 

Last year, a US court ordered NSO to stop targeting Meta's WhatsApp, a development the ‌spyware company warned could put it out of business. 

While the ruling significantly ⁠reduced the ⁠punitive damages NSO owed Meta to $4 million from an initial $167 million, the injunction itself was seen as a substantial challenge for the company, which faces ongoing accusations of enabling human rights abuses through its Pegasus hacking tool. 

Meta said on Monday that last month it was joined by 12 prominent civil rights organizations, a coalition of security researchers, privacy advocates and digital rights experts, who filed their amicus briefs to fight NSO's appeal against the permanent injunction. 

Technology

SDAIA, World Bank to Discuss Global Best Practices in Data Governance and AI in Belgium and Germany

The events aim to enhance international cooperation and explore global best practices in AI governance
The events aim to enhance international cooperation and explore global best practices in AI governance
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SDAIA, World Bank to Discuss Global Best Practices in Data Governance and AI in Belgium and Germany

The events aim to enhance international cooperation and explore global best practices in AI governance
The events aim to enhance international cooperation and explore global best practices in AI governance

The Saudi Data and Artificial Intelligence Authority (SDAIA), in partnership with the World Bank, will organize 25 specialized sessions and meetings in Belgium and Germany from June 8 to 12.

The events aim to enhance international cooperation and explore global best practices in AI governance, with participation from leading experts, policymakers, and representatives of international organizations and entities concerned with AI governance.

The sessions aim to strengthen international cooperation and exchange expertise in data and artificial intelligence, showcase Saudi Arabia's experience in building a leading national data and AI ecosystem, and explore key enablers, policies, and legislation for AI governance.

The discussions are expected to contribute to international efforts to develop responsible governance frameworks for emerging technologies.

The sessions will address a range of key topics related to AI governance, including the EU AI Act, data governance and privacy, international cooperation in AI, European standards and regulations, and responsible AI applications, in line with global efforts to promote the safe and trustworthy use of these technologies.