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Sony starts to restore PlayStation service in Asia

(AP) -- Sony has begun restoring access to its PlayStation Network and Qriocity movie and music service in Japan and elsewhere in Asia. The company shut down the services in April after a massive security breach that affected ...

Sony to report $3.2 billion annual loss

(AP) -- Sony Corp. is expecting an annual loss of $3.2 billion, reversing its earlier projection of a return to profit, as the electronics giant struggles with production disruptions from Japan's tsunami and a hacker attack ...

AOL offers video chat with no log-in, download

In a move to become more competitive in the fast-growing field of video chat, the team behind AOL Inc.'s AIM instant messenger rolled out the first version of a free video chat service on Thursday that doesn't require users ...

Sony CEO apologizes for massive data breach

(AP) -- Sony Corp. Chief Executive Howard Stringer apologized for "inconvenience and concern" caused by the security breach that compromised personal data from more than 100 million online gaming accounts.

Netflix 1Q earnings soar on gain of 3.6M customers

(AP) -- Netflix Inc. delivered another rousing performance in the first quarter, with its video subscription service attracting 3.6 million more customers to boost its U.S. audience to roughly the same size as the country's ...

Netflix's days without competition may be numbered

Netflix has attracted more than 20 million subscribers, more than 20,000 movies and television shows for its online service, and more than its share of headaches in Hollywood.

Netflix shares surge on analyst call, research

Netflix shares soared on Wall Street on Tuesday as a financial analyst rated the US video company a buy and market research showed it trouncing its rivals in the home digital movie market.

YouTube buys US web television company

YouTube announced that it bought Internet television company Next New Networks to improve content for the Google-owned video-sharing website.

Comcast, NBC deal opens door for online video

New Internet video services from companies such as Netflix and Apple are offering a glimpse of a home entertainment future that doesn't include a pricey monthly cable bill.

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