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As Sony moves away from game discs on PlayStation consoles, CFO Lin Tao found herself explaining the strategy to an audience far beyond traditional stakeholders.
Sony Music Entertainment on Monday filed a new lawsuit against AI startup Udio, alleging the company infringed on the copyrights of more than 30,000 recordings.
Sony’s move enraged thousands of gamers and brought on a lawsuit with the backdrop of rival Xbox’s restructuring amid video game industry challenges.
The timing raised eyebrows immediately. Sony President and CEO Hiroki Totoki sold 225,000 shares of Sony stock on July 3, 2026 for approximately $4,729,500, at $21.02 per share. Per an SEC filing surfaced by Quiver Quantitative, the sale represented approximately 56.5% of his holdings in that class of stock, leaving him with 173,250 shares. On ... Sony CEO Sells Over Half Of His Stock After Controversial PlayStation Decision Leaves Fans Furious
(Bloomberg) -- Microsoft Corp.’s Xbox spent nearly $80 billion in the last decade on deals that would give it popular video game titles like Call of Duty and Skyrim, betting that gamers would flock to its Netflix-like subscription service offering hundreds of options for endless play.Most Read from BloombergGreece Offers Bounty to Catch Ravenous Fish Lured by Warming SeaTwo Millennium Trading Pods Made About $3.7 Billion Last MonthNasdaq 100 Falls 2% in Chip-Led Rout as Oil Climbs: Markets WrapM
Tech stocks were lower late Wednesday afternoon, with the State Street Technology Select Sector SPDR
In the most recent trading session, Sony (SONY) closed at $19.51, indicating a -4.03% shift from the previous trading day.
Sony Group Corporation (NYSE:SONY) is one of the best falling stocks to invest in, according to analysts. On June 17, Goldman Sachs reiterated its Buy rating on Sony Group Corporation (NYSE:SONY) with a JPY 4,100 price target, following a sell‑side meeting with the company’s music business management. According to the investment bank, the company is seeing […]
(Bloomberg) -- Microsoft Corp.’s Xbox division is planning major job cuts next month as new Chief Executive Officer Asha Sharma overhauls the video game unit to stem declining revenue.Most Read from BloombergHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’Tech Stocks Sink as Oil Jumps on US-Iran Jitters: Markets WrapXbox Plans Significant Layoffs as New CEO Plans OverhaulCuba Poised for Biggest US Fuel Shipment Since Cold War EmbargoH-1B Visa Rules Have Changed Again. What to KnowTh
The prominent AI music generation startup is now valued at over $5.4 billion -- about seven months ago, it raised at a $2.45 billion valuation.
Sony Q4 FY2025 revenues jump 8% to 3,036.4B yen, but GAAP EPS fall to 13.93 yen as gaming and "All Other" weighed on results.
The Japanese entertainment and electronics company has spent billions of dollars on acquisitions in recent years to beef up its entertainment content.
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