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Saturday, February 2, 2013 - 4:19pm
Five Things Sony Should Announce on February 20
Sony (NYSE: SNE) is set to make a major announcement on Wednesday, February 20. The company has not provided any info regarding what investors can expect from the event, but it has said that it will involve the future of the PlayStation business. That business encompasses more than the next...
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Friday, February 1, 2013 - 2:28pm
Will Sony Unveil the PlayStation 4 this Month?
Less than two weeks ago, Sony (NYSE: SNE) CEO Kazuo Hirai publicly denied rumors that the company would announce PlayStation 4 this quarter. "Why go first, when your competitors can look at your specifications and come up with something better?" he questioned. Hirai's comments were thought to...
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Tuesday, September 25, 2012 - 2:51pm
Sony and Gaikai Will Stomp All Over AT&T's Video Game Service
AT&T (NYSE: T), Verizon (NYSE: VZ), and Time Warner Cable (NYSE: TWC) are exploring the possibility of delivering high-end video games to their subscribers. It is a move that is being viewed as a threat to a home gaming empire that is currently owned by Sony (NYSE: SNE), Microsoft (NYSE: MSFT...
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Thursday, August 23, 2012 - 10:03am
Sony Could be Backing Out of Mobile Production
Sony's (NYSE: SNE) smartphone division, Sony Mobile, is gearing up for a massive round of layoffs as the company attempts to restructure the struggling unit. According to IDG News Service, Sony Mobile -- which was once a joint venture between Sony and Ericsson before Sony took control of the unit...
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Thursday, July 5, 2012 - 8:30am
Sony to Release New PlayStation 3 ModelReferred to as a "Super Slim" version of the PlayStation 3, documents filed with the FCC suggest that Sony (NYSE: SNE) plans to revise its six-year-old console. According to Eurogamer, the remodeled console will fall under the new 4000 series label (current PS3s belong to the 3000 series). No...
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Monday, July 2, 2012 - 2:05pm
Is Gaikai Acquisition Proof that Sony is Dumping PlayStation?Sony (NYSE: SNE) surprised the world this morning when it announced that it would pay $380 million to acquire Gaikai. The company plans to use Gaikai's technology to build its own cloud gaming service. This announcement is a big win for the likes of Intel (NASDAQ: INTC) and Qualcomm (NASDAQ: QCOM...
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Monday, July 2, 2012 - 8:33am
Sony Buys the Netflix of Gaming, Gaikai, for $380 MillionSony (NYSE: SNE) has announced that it plans to acquire Gaikai, a streaming video game service, for $380 million. Founded in November 2008, Gaikai has had a number of notable investors, including Intel (NASDAQ: INTC), Qualcomm (NASDAQ: QCOM), and Benchmark Capital. The company was co-founded by...
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