NEWSWORTHY
Daniel Loeb's Third Point hedge fund building a stake to pressure Sony, sources say
Daniel Loeb's hedge fund Third Point LLC is building a stake in Sony Corp. to push for changes, the second time in six years it has targeted the electronics maker, according to sources familiar with the matter. Once a market leader in consumer electronics, Sony ...
Sony chairman, who keyed firm's turnaround with bet on PlayStation and image sensors, to retire
Sony Corp. Chairman Kazuo Hirai, the architect of a turnaround at the once-dominant electronics giant, will retire in June after spending more than three decades at the company. The 58-year-old, who ceded the role of chief executive officer to Kenichiro Yoshida in April 2018, will ...
Sony to conduct tests on remotely driven cars with NTT Docomo
Sony Corp. and NTT Docomo Inc. said Wednesday they will start conducting joint tests in Guam this summer on remotely driven cars using next-generation 5G services. The New Concept Cart SC-1 developed by Sony will be tested at Docomo 5G Open Lab GUAM — NTT ...
Google LLC set out to disrupt the video game world on Tuesday with a Stadia platform that will let players stream blockbuster titles to any device they wish, while also unveiling a new controller and its very own studio. The California-based technology giant said its ...
Sony tries to reboot smartphone sales with movie-style screens for 4K filming and viewing
Sony Corp., having fallen way behind its South Korean and Chinese rivals in the smartphone sales race, aims to capitalize on its movie pedigree with new devices featuring 21:9 ratio screens, the dimensions used to film blockbusters. The company announced a new flagship Xperia 1 ...
Sony raises fiscal 2018 net profit outlook on solid game and music businesses
Sony Corp. on Friday raised its group net profit outlook for the current business year to ¥835 billion ($7.67 billion) from a previous estimate of ¥705 billion, due to its solid game and music businesses. But the electronics and entertainment giant cut its sales projection ...
Latest trick for Sony's Aibo robotic pooch: Acting as watchdog
Sony Corp. on Wednesday showed off the latest tricks of its signature robotic dog, Aibo, including a new security capability of patrolling inside a house. Teaming up with security company Secom Co. Ltd., the Japanese electronics giant will roll out the new roaming security feature ...
Sony bumps ups 3D camera sensor output as smartphone-makers show interest
Sony Corp., the biggest maker of camera chips used in smartphones, is boosting production of next-generation 3D sensors after garnering interest from customers including Apple Inc. The chips will power front- and rear-facing 3D cameras of models from several smartphone-makers in 2019, with Sony kicking ...
Japanese electronics firms look to re-engineer their design mojo
Akihiro Adachi, a 31-year-old audiovisual equipment designer at Panasonic Corp., longed for some personal space during his lengthy train rides from Osaka to Tokyo. So when his company set out to encourage innovation, he joined with some colleagues and came up with Wear Space, ...
Aibo put to work at Tokyo hospital to improve the mental health of children
Sony Corp. has launched a trial project using its Aibo robot dog to improve the mental health of children hospitalized at the National Center for Child Health and Development in Tokyo. In the joint experiment that will run until the end of March 2021 and ...
Two stabbed in catering staff fight at Sony Music U.K. headquarters
Sony Music said two of its catering staff had been involved in a violent altercation at its U.K. head office in central London on Friday after police reported two people had been stabbed. Armed officers rushed to Sony Music U.K.'s offices after police were alerted ...
Sony Corp. upgraded its earnings outlook for a second straight quarter, thanks to a plethora of hit video-game titles that are boosting the PlayStation business. Operating profit for the current fiscal year through March will be ¥870 billion ($7.72 billion), up from the prior forecast ...
