Sony CEO Hirai to step down; turnaround ally Yoshida to take helm
Under Hirai, who became CEO in 2012, the company has cut thousands of jobs and withdrawn from or cut back in areas such as PCs and TVs.
Feb 02, 2018, 11:37 AM IST
Facebook takes the next step to monetize WhatsApp
WhatsApp is testing features that would allow businesses to chat with their clients on the app, according to the report.
Sep 05, 2017, 19:27 PM IST
Sony aims to extend VR content to films, no plans for smartphone-based headset
Sony Corp aims to extend content for its dedicated virtual-reality (VR) headset into non-gaming areas such as TV and film, and has no plans to join the burgeoning market for smartphone-based headsets, its gaming division chief said.
Sep 15, 2016, 14:31 PM IST
Sony says China sales of PlayStation 4 limited by censorship rules
China`s strict censorship rules are limiting Sony Corp`s sales of PlayStation 4 in the country even after a ban on foreign gaming consoles was lifted last year, the head of the Japanese company`s gaming division said.
Sep 17, 2015, 14:09 PM IST
Sony to raise nearly $4 bn, ramp up sensors business to anchor turnaround
Japan`s Sony Corp plans to raise nearly $4 billion via new shares and bonds to plough into image sensors as it reinvents itself as a niche component maker, pulling back from consumer goods like TVs that dragged it into losses.
Jun 30, 2015, 14:19 PM IST
Sony to raise up to $3.6 billion to boost sensor production
Sony Corp said it plans to raise up to 440 billion yen (USD 3.6 billion) by issuing new shares and convertible bonds to invest in its fast-growing image sensors business.
Jun 30, 2015, 11:56 AM IST
Sony shares climb 3 percent after full-year guidance hike
Shares of Sony Corp rose 3 percent in early trade on Thursday after the company raised its earnings estimates for the fiscal year just ended, bolstered by higher-than-expected sales of video games and digital cameras.
Apr 23, 2015, 06:35 AM IST
Sony raises full-year profit view on strength in sensors, videogames
Japanese consumer electronics maker Sony Corp on Wednesday raised its earnings estimates for the fiscal year that ended in March, citing higher-than-expected sales of camera sensors and videogames.
Apr 22, 2015, 13:11 PM IST
Sony Corp halves stake in Olympus to raise funds for growth
Japan`s Sony Corp halved its stake in camera and endoscope maker Olympus Corp to raise funds for a restructuring drive under which it is boosting investment in sensors and videogames while pulling back from unprofitable segments.
Apr 01, 2015, 17:32 PM IST
Sony sees 25-fold profit jump by 2018 through videogames, sensors
Sony Corp aims to boost its operating profit 25-fold within three years by focusing on its more profitable image sensors, videogame and entertainment businesses, its chief executive said on Wednesday.
Feb 18, 2015, 14:05 PM IST
Sony trims loss forecast after strong Q3 on higher sensor sales
Japan`s Sony Corp said its net annual loss will likely be smaller than previously forecast after cost cuts and strong sales of its image sensors and PlayStation video game consoles helped its third-quarter profit beat estimates.
Feb 04, 2015, 17:16 PM IST
Sony to cut 1,000 jobs in smartphone business: Sources
Sony Corp plans to cut around 1,000 additional jobs in its struggling smartphone division as it tries to bring its electronics business back into the black, sources said on Wednesday.
Jan 28, 2015, 07:58 AM IST
Sony`s PlayStation offline, Microsoft`s Xbox restored
Microsoft`s online network for its Xbox gaming console was restored to nearly full service Friday after an allegedly coordinated Christmas Day hack brought it and Sony`s PlayStation network down.
Dec 27, 2014, 10:32 AM IST
Sony PlayStation, Microsoft Xbox websites hit by delays
Microsoft Corp`s Xbox Live and Sony Corp`s PlayStation Networks experienced user connection problems on Christmas Day, for which a hacker group claimed responsibility.
Dec 26, 2014, 10:09 AM IST
Sony considering sale of unit that owns Beatles songs: Report
Sony Corp is considering a sale of its Sony/ATV Music Publishing unit, which owns the rights to most of the Beatles` songs, the Wall Street Journal reported, citing the company`s leaked internal emails.
Dec 24, 2014, 09:34 AM IST
US considers 'proportionate' response to Sony hacking attack
The United States said on Thursday a cyber attack on Sony Pictures blamed on North Korea was a serious national security matter and the Obama administration was considering a proportional response.
Dec 19, 2014, 02:28 AM IST
LG Electronics to launch quantum dot TVs in early 2015
Japan`s Sony Corp is so far the only major TV maker selling quantum dot models.
Dec 16, 2014, 11:28 AM IST
Sony studio chiefs aim to reassure employees after damaging hack
Executives at Sony Corp`s Hollywood movie studio sought to reassure employees on Monday that the studio would recover from a massive cyber attack that exposed internal emails and sensitive employee data.
Dec 16, 2014, 08:47 AM IST
Sony investigators says cyber attack was 'unparalleled' crime
People close to the investigation have told Reuters that North Korea is a principal suspect in the cyber attack, yet a North Korean diplomat has denied that Pyongyang is involved.
Dec 07, 2014, 09:10 AM IST
Sony aims for big jump in devices revenue, more restructuring at TV, phone units
Japan`s loss-making Sony Corp said it`s targeting a near 70 percent jump in revenue for its electronic devices division over the next three years, even as it warned further restructuring is in store for its TV and smartphone units.
Nov 25, 2014, 09:27 AM IST
