Tag Archives: sony

U.S. hedge fund calls for Sony Entertainment spin-off

By Chikafumi Hodo and Nathan Layne TOKYO (Reuters) – Billionaire hedge fund investor Daniel Loeb on Tuesday called on Sony Corp to spin off its lucrative entertainment arm, setting the stage for a clash between his activist Wall Street fund and management at the Japanese electronics maker. Loeb said his Third Point hedge fund had accumulated a little more than 6 percent of Sony's shares – a stake worth $1.1 billion – making it the largest stakeholder in the inventor of the Walkman portable music player and Trinitron TV Continue reading

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PlayStation Debuts BEYOND: Two Souls’ at Tribeca Film Festival

NEW YORK, April 27, 2013 /PRNewswire/ — Tribeca Film Festival® played host to the official screening of Sony Computer Entertainment America’s LLC (SCEA) BEYOND: Two Souls’ gameplay which included… Continue reading

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Sony Unveils Animalia Line Of Tech Products Designed For Pets

SAN DIEGO, April 1, 2013 /PRNewswire/ — The following is being issued by Sony Electronics and is an acknowledged spoof press release. The following news release is notfactual, and should not be r… Continue reading

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Sony’s board chairman and ex-CEO Stringer to retire: FT

TOKYO (Reuters) – Sony Corp's board chairman Howard Stringer, who headed the company as chief executive for six years until last April, will retire from Japan's struggling consumer electronics giant in June, the Financial Times reported. The departure of Stringer, who last year handed the top post to Kazuo Hirai, would officially mark an end to a period in which Sony, under Stringer, struggled to revive its creative edge and ceded ground to rivals such as Apple Inc and Samsung Electronics. Continue reading

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Stringer leaving Sony in June, hands over to Hirai

TOKYO (AP) — Howard Stringer, who fought to bring a divided and struggling Sony Corp. together as the Japanese electronics and entertainment company’s first foreign president, is retiring as chairman in June. Continue reading

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Despite imminent PlayStation 4 launch, now is a great time to buy the PlayStation 3

Gamers around the world are excited for the holidays following Sony’s (SNE) recent PlayStation 4 unveiling, but not everyone will want to shell out an estimated $500-$600 on the company’s new console. As such, budget-minded gamers who aren’t afraid to adopt a current-generation system on the eve of a new launch will be happy to know that PlayStation 3 pricing is likely about to plummet. Continue reading

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Sony Reveals Next-Generation PlayStation 4

Sony unveils its latest console, the PlayStation 4, the first release by the company since 2006. Continue reading

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Photo Available: LL COOL J and Sony X Headphones "Take It" Easy at Hennessy’s Pre-Grammy Dinner in LA

LOS ANGELES, Feb. 10, 2013 /PRNewswire/ — Editors are advised that a high-resolution photo is available. (Photo: http://photos.prnewswire.com/prnh/20130210/AQ57622) Caption: LL COOL J and Sony X … Continue reading

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Sony Xperia Z tablet announced with HD display and quad-core processor

Following the announcement of the Xperia Z smartphone earlier this month, Sony (SNE) on Monday unveiled the Xperia Z tablet. The 10.1-inch slate is equipped with a 1,920 x 1,200-pixel full-HD display, 2GB of RAM, a 1.5GHz quad-core processor and an 8.1-megapixel rear camera. Continue reading

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Valve Confirms New Game Console on Its Way

In an interview with Kotaku’s Jason Schreier at the Spike TV Video Game Awards, Valve co-founder Gabe Newell confirmed that a “living-room-friendly PC package,” designed to “compete with next-gen consoles from companies like Microsoft and Sony,” will be available for purchase starting next year. Continue reading

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