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Sony logs record profits, warns of headwinds to come

Japan's Sony said Friday that robust games and entertainment divisions had pushed annual profits to a second consecutive record high but warned of a looming downturn in its bottom line.

Sony says former CEO Kazuo Hirai to leave firm

Sony chairman Kazuo Hirai, who led a major and successful overhaul at the Japanese electronics giant, announced Thursday he would be leaving the firm after 35 years.

Back to the future: Sony to release 'classic' PlayStation

Sony announced Wednesday it plans to launch a miniature games console designed like the original PlayStation pre-loaded with 20 vintage games as it joins the retro gaming craze just in time for Christmas.

Sony to release AI-infused robotic pups in the US

Sony on Thursday announced that its Aibo robotic dogs infused with artificial intelligence will be unleashed on the US market by the year-end holiday season, with a price tag of $2,899.

TV-for-phone start-up raises $1bn, Hollywood backing

Former Walt Disney Studios chairman Jeffrey Katzenberg has raised $1 billion in initial funding for his NewTV start-up seeking to tailor television to smartphone lifestyles, pulling in Hollywood's biggest studios.

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Sony

Sony Corporation (commonly referred to as Sony) (Japanese: ソニー株式会社, Sonī Kabushiki-gaisha?) (TYO: 6758) is a multinational conglomerate corporation headquartered in Minato, Tokyo, Japan, and one of the world's largest media conglomerates with revenue exceeding ¥ 7.730.0 trillion, or $78.88 billion U.S. (FY2008). Sony is one of the leading manufacturers of electronics, video, communications, video game consoles, and information technology products for the consumer and professional markets. Its name is derived from sonus, the Latin word for sound.

Sony Corporation is the electronics business unit and the parent company of the Sony Group, which is engaged in business through its five operating segments—electronics, games, entertainment (motion pictures and music), financial services and other. These make Sony one of the most comprehensive entertainment companies in the world. Sony's principal business operations include Sony Corporation (Sony Electronics in the U.S.), Sony Pictures Entertainment, Sony Computer Entertainment, Sony Music Entertainment, Sony Ericsson, and Sony Financial. As a semiconductor maker, Sony is among the Worldwide Top 20 Semiconductor Sales Leaders. The company's slogan is Sony. Like no other.

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