Sony eyes sales growth in emerging markets: report
Sony Corp (6758.T) is seeking to boost its electronics sales in emerging economies by 30 percent in 2010, the consumer electronics giant's chief financial officer was quoted as saying by the Nikkei business daily. Ref. Source 6
Sony offers unlimited music for $13.99 a month
International Sony executives have rejected claims by Sony Computer Entertainment Australia boss Michael Ephraim that the company may pull out of Apple's iTunes Store following Friday's launch of a new Sony music streaming service that delivers unlimited songs for $13.99 a month. Ref. Source 1
Tech supply-chain woes to affect more Japanese plants
Sony said on Tuesday shortages of parts and materials would force it to reduce or suspend production at five additional plants in Japan following the catastrophic earthquake this month. Ref. Source 1
Sony recruits security boss after hacking
Sony Corp picked a former official at the US Department of Homeland Security for the new post of chief information security officer, months after a massive hacking attack leaked information on 100 million user accounts on its games networks. Ref. Source 3
Sony falls to 31-year low as forecast misses estimates
Local Japanese News In English
Sony Corp. (6758) fell to the lowest level in Tokyo trading since 1980, when the Walkman was new and before it introduced the first compact-disc player, after forecasting profit that lagged behind analyst estimates. (Bloomberg)
Source: News On Japan
President Barack Obama said today that Sony Pictures made a mistake in canceling the release of the movie "The Interview" After a cyberattack from North Korean-backed hackers.
"I am sympathetic to the concerns that they face. Having said all that, yes, I think they made a mistake," Obama said at a White House news conference.
"We cannot have a society in which some dictator some place can start imposing censorship here in the United States," Obama said. "That's not who we are. That's not what America is about." Ref. CNN
Two months after a devastating cyber-attack, Sony Pictures Entertainment said co-chairman Amy Pascal is stepping down from her post.
After Sony was hacked, embarrassing emails from the company's servers were leaked onto the Internet, causing public humiliation and private recriminations for Pascal and others.
Pascal will launch a new production venture at the studio starting in May. Ref. CNN