Sony Corp.'s hedge for its PlayStation game enterprise has backfired as dollar costs rise.
Sony Corp
If Chris Brown is to be believed in his latest tweets, he has announced his retirement as a global music artist with 'X' as his last album, which is due for release by the end of this month.
The board of directors of Sony Corp said no to the proposal of Daniel Loeb to partially sell its entertainment business.
Analysts said that if Nintendo's sales continue to drop, it would need to consider putting its games in app stores.
The executives of Sony said that their electronics enterprise showed signs of rebound after posting US$35 million profit.
Sony Corp's board has engaged in deep talks with Daniel Loeb after boosting its full-year revenue ending March 31.
Sony Corp said that they are set to billionaire Danny Loeb's proposal to sell part of the company's unit through an initial public offering.
Sony would team up with Panasonic to make the newest installment optical drive storage.
Apple Inc continued to test larger screens for its smartphones and tablets to fit into the extensive trend among mobile manufacturers.
Sony's Kazuo Hirai: His priority for the company would be consumer electronics.
Goldman Sachs Group Inc and BNP Paribas SA recommended investors to look for profit as Sony Corp increased in bond risk after the latter announced consideration of Loeb's spin off proposal.
Daniel Loeb, head of Third Point LLC proposed a partial spin off to Sony’s business unit to boost the struggling electronics division.
Last Tuesday, Third Point LLC announced that it had raised its stake in Sony Corp to 70 million shares valued at US$1.4 billion.
Daniel Loeb claimed that his hedge fund owns the biggest in Sony Corp and proposed a breakup of said company.
Bids, mergers, acquisitions and disposals.
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