India's Zee Entertainment is making a final attempt to restart discussions with Japan's Sony Group to revive their $10 billion merger deal which was scrapped on Jan. 22, Indian business daily Economic
Analysts told CNBC they expect Sony to launch the PlayStation 5 Pro this year which would offer new hardware for the release of Grand Theft Auto VI in 2025.
Around $10 billion of value was wiped off Sony's stock this week after it cut its sales forecast for its flagship PlayStation 5 console for the fiscal year.
Microsoft (MSFT) has announced that it will release four previously exclusive gaming titles for its Xbox consoles to rival console makers Sony (SONY) and Nintendo (NTDOY). The move is a shift in Micro
Sony to partner with U.S.-based Seagate Technology on mass production of hard disk drives (HDDs) to meet growing AI demand, the Nikkei newspaper reported on Friday.
Shares of Sony slumped in Tokyo trade on Thursday as the electronics giant cut its sales forecast, citing worse-than-expected PlayStation 5 sales.
Electronics/entertainment giant Sony plans to take its financial services unit public next fall. The company announced the partial spin-off of Sony Financial Group (SFGI), a business that includes
SONY's fiscal third-quarter performance benefits from solid momentum across G&NS, Music, Pictures and I&SS segments.

Sony cuts forecast for PlayStation 5 sales

05:22am, Wednesday, 14'th Feb 2024
Sony said it now expects to sell 21 million units fo the PlayStation 5 in the fiscal year ended March, down from a previous forecast of 25 million units. CNBC's Arjun Kharpal reports.
A joint venture set up by Japan's Sony Group and Honda Motor will introduce three electric vehicle (EV) models by the second half of this decade, the Nikkei business daily reported on Wednesday.
Japanese electronics and entertainment company Sony's profit rose 13% in October-December on growing growing sales of music, image sensors and video games, the company said Wednesday.
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Sony Group reported a rise in third-quarter net profit, thanks partly to higher earnings from the image-sensor and music businesses, and said it would start preparing for a spinoff and listing of its
Sony posted record quarterly profit in the all-important December quarter thanks to a boost from its PlayStation gaming business and financial services unit.
Sony's operating profit jumped 10% in the third quarter, beating estimates, buoyed by the strength of its financial, movies and music businesses.
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