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Sony Group Corp

Sony gaming margin questioned after PS5 sales cut sparks stock plunge

by Walter Watson
Sony gaming margin questioned after PS5 sales cut sparks stock plunge

The PlayStation DualSense controller and PlayStation 5 console. Jakub Porzycki | Nurphoto | Getty Images Around $10 billion of value was wiped off Sony’s stock last week, after the Japanese …

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Microsoft will bring four Xbox games to other companies’ consoles

by Edgar Davis
Microsoft will bring four Xbox games to other companies’ consoles

Phil Spencer, CEO of gaming at Microsoft, speaks during the company’s Xbox event ahead of the E3 Electronic Entertainment Expo in Los Angeles on June 10, 2018. Patrick T. Fallon …

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A bumpy ride to beating inflation

by Walter Watson
A bumpy ride to beating inflation

A trader works, as a screen displays a news conference by Federal Reserve Board Chairman Jerome Powell following the Fed rate announcement, on the floor of the New York Stock …

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‘Anyone But You’ could spark a rom-com renaissance in Hollywood

by Anas Siddiqui
‘Anyone But You’ could spark a rom-com renaissance in Hollywood

Glen Powell and Sydney Sweeney star in Sony’s “Anyone But You.” Sony Released just before the crowded Christmas movie season, Sony’s “Anyone But You” seemed destined to be anything but …

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Sony posts record quarterly revenue on PlayStation sales boost

by Walter Watson
Sony posts record quarterly revenue on PlayStation sales boost

Sony aims to sell 18 million PlayStation 5 consoles in its financial year ending in March 2023. Thiago Prudencio | Lightrocket | Getty Images Sony posted record quarterly profit in …

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Semiconductor manufacturing giant TSMC pushes development of second chip plant in Japan with new investor Toyota

by Walter Watson
Semiconductor manufacturing giant TSMC pushes development of second chip plant in Japan with new investor Toyota

TSMC, the world’s largest contract chip maker, said that Toyota Motor Corp will be joining as a new investor of Japan Advanced Semiconductor Manufacturing (JASM), the Taiwanese firm’s majority-owned manufacturing …

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Studios rethink streaming strategy amid Wall Street profitability push

by Anas Siddiqui
Studios rethink streaming strategy amid Wall Street profitability push

Bebe Wood, Renee Rapp and Avantika Vandanapu star as The Plastics in the 2024 adaptation of “Mean Girls.” Paramount Paramount is making a habit of greenlighting low- to mid-budget films …

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PlayStation maker Sony invests in African gaming startup Carry1st

by Edgar Davis
PlayStation maker Sony invests in African gaming startup Carry1st

The PlayStation DualSense controller and PlayStation 5 console. Jakub Porzycki | Nurphoto | Getty Images Sony is making a bold bet on Africa’s video game industry.  The Japanese consumer electronics …

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Zee founder family to eventually lift stake to 26%, according to Mint

by Walter Watson
Zee founder family to eventually lift stake to 26%, according to Mint

Logos of Zee Entertainment Enterprises Ltd. displayed on computer screens arranged in Mumbai, India, on Tuesday, Jan. 9, 2024. Shares of Zee recovered from a steep plunge on Tuesday after …

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India’s Zee Entertainment urges Sony to restore blockbuster merger

by Walter Watson
India’s Zee Entertainment urges Sony to restore blockbuster merger

Logo for ZEE5, an over-the-top platform of Zee Entertainment Enterprises. Bloomberg | Bloomberg | Getty Images Indian media conglomerate Zee Entertainment on Wednesday said it urged Sony to revive their …

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