Sony will this month announce the late 2013 launch of its latest PlayStation console, Japanese media said Thursday, as is looks to its games business in a bid to repair its tattered finances.
Feb 07, 2013
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Depending on whom you ask, Netflix is either a company that's poised for a remarkable resurgence or a washed-up has-been whose best days are behind it.
Nov 08, 2012
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Royal Philips Electronics NV, the maker of electric shavers, light bulbs and medical imaging equipment, saw earnings more than double in the third quarter, thanks to modest growth at all its business lines ...
Oct 22, 2012
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As the public joined the frenzy around Facebook Inc.'s Wall Street debut, well-connected institutional investors were hearing a more sobering message: The social network's main business, advertising, was sputtering.
May 28, 2012
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Japan's cash-bleeding electronics giants Sony and Panasonic are looking to join forces to produce next generation televisions in a bid to claw back market from South Korean rivals, according to a report.
May 15, 2012
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Sony will cut 10,000 jobs worldwide this year as it attempts to carry out sweeping reforms aimed at reviving the iconic but loss-making Japanese electronics giant, the Nikkei business daily said Monday.
Apr 09, 2012
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Struggling Japanese entertainment giant Sony will not abandon its cash-bleeding television business, its incoming CEO says, but he acknowledges tough decisions lie ahead including over redundancies.
Feb 10, 2012
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News Corp. said Wednesday that its net profit rose 65 percent in the second quarter of its fiscal year to $1.06 billion.
Feb 08, 2012
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(AP) -- Time Warner Inc. got a boost from its movie studio and cable TV networks in the last three months of the year, and the company expects growth to continue in 2012 even with the end of its lucrative ...
Feb 08, 2012
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South Korea's Samsung Electronics said on Wednesday it plans to sell more than 25 million "smart TVs" this year as it tries to capture the emerging Internet TV market eyed by competitors including Apple.
Feb 08, 2012
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Japan's Panasonic on Friday warned it would see its worst-ever net loss of 780 billion yen ($10.2 billion) for the year to March, blaming the strong yen, flooding in Thailand, and acquisition costs.
Feb 03, 2012
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(AP) -- Battered by weak TV sales, a strong yen and production disruptions from flooding in Thailand, Sony Corp. on Thursday reported a net loss of 159 billion yen ($2.1 billion) for the October-December ...
Feb 02, 2012
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At the Consumer Electronics Show, models walked around with large, lightweight flat-screen televisions showing vivid nature scenes, executives waved next-generation "magic" remote controls and audiences were treated to demonstrations ...
Jan 10, 2012
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Howard Stringer, the Welsh-born American head of Japanese games, music and electronics giant Sony, is to step down as the firm's president, reports said Saturday, while remaining CEO and chairman.
Jan 07, 2012
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Ratings agency Moody's Tuesday lowered the outlook for Sony's A3 long-term debt rating to "negative" as the global electronics giant faces weakening demand for LCD televisions.
Oct 18, 2011
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