NEWSWORTHY
Sony buys EMI Music Publishing in $1.9 billion deal to beef up music catalog
Sony announced it will acquire a majority stake in EMI, which holds rights to about 2.1 million songs, including from artists such as Pink and Kanye West.
Japan's earnings reports mostly disappoint, but analysts see hope ahead
With Japan's quarterly reporting period almost over, one analyst summed up the general feeling about companies' profit performance. "The results season was probably a disappointment," said Jonathan Allum, a strategist at SMBC Nikko Capital Markets Ltd. in London. It's difficult to disagree. Most firms have posted ...
Japan shines at Salone del Mobile
This month, On: Design invites product designer and Japanologist Maurice E. Zacher to introduce his top Japanese design picks from the 2018 Salone del Mobile Milano interior and furniture fair, held in Italy on April 17-22. Nendo never fails For most regulars to the Salone del ...
Sony Pictures has acquired the worldwide distribution rights for a film about Gary Hart's 1988 presidential bid. The studio said Thursday that it will release "The Front Runner" in the fall to coincide with both awards season and the election. Hugh Jackman is starring as ...
Sony Bank, a unit of Sony Financial Holdings Inc., says it will introduce automated preliminary screening for housing loan applications using artificial intelligence technology. The system, use of which is scheduled to start Thursday, will shorten the preliminary screening process from the current two to ...
Sony posts record operating profit for 2017 on robust semiconductor business
Sony Corp. said Friday it set a record for group operating profit for the first time in 20 years in fiscal 2017, posting a ¥734.86 billion ($6.7 billion) figure — up 154.5 percent from the previous year — on the back of strong smartphone ...
Roughly 1 in 3 Indonesians in major cities has recently purchased products from Japanese brands such as Sony and Uniqlo, according to a Japan External Trade Organization survey. The survey, conducted via smartphone on 720 individuals in Jakarta, Surabaya and six other cities in Southeast ...
After quakes, manufacturers step up business continuity planning
The March 2011 earthquake and tsunami in Tohoku and the 2016 Kumamoto quakes have prompted many domestic manufacturers to draw up plans to ensure business operations continue in the event of natural disasters. In January this year, 12 semiconductor-makers including Sony Corp. and Renesas Electronics ...
Sony looks to boost highly skilled workforce with 5% pay rises and record bonuses: sources
Sony Corp. plans to raise employees' annual pay by around 5 percent in fiscal 2018, which starts in April, according to sources. The electronics and entertainment giant plans to offer annual bonuses equivalent to 6.9 months' salary — a record high — and increase basic ...
Aibo owners urge Sony to restore repair services for beloved, early-model robot dogs
Owners of Sony Corp.'s Aibo robot dogs are asking the electronics maker to review its policy of discontinuing repairs seven years after a product is terminated, contending it will result in the toys' "deaths." Sony released a revamped Aibo model in January, marking its return ...
Trump meets 'Doom' maker and other video game execs over violent content
U.S. President Donald Trump met on Thursday with the makers of popular video games "Grand Theft Auto" and "Doom" to discuss what the president believes is a link between video games and violent acts like last month's school shooting in Florida. It was the latest ...
Revolution looms for Japan's staid taxi sector as Uber and SoftBank vie for a piece of the action
With their white-gloved graying drivers and lace-covered seating, Japan’s taxis seem to belong to another era, but as the 2020 Olympics approach, the sedate sector is facing a quiet revolution. Last week, Uber CEO Dara Khosrowshahi made his first visit to Japan since taking over ...
