Sony Group Corp
Sony says financial arm spin-off will secure fundraising capabilities
The logo of Japanese entertainment and electronics giant Sony is displayed at the company’s headquarters in Tokyo on May 14, 2025. Kazuhiro Nogi | Afp | Getty Images Sony’s CEO said on Thursday the spin-off of the financial services arm will secure that business its own fundraising capabilities. “It is significant that, through the spin-off, Sony (Financial Group) will secure its own fundraising capabilities while continuing to use the Sony brand and collaborate with Sony Group,” Sony CEO Hiroki Totoki said […]
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Sony shares rise about 2% in volatile trading following share buyback announcement
A file photo of Hiroki Totoki, Sony Group Corporation executive, delivering a keynote address at CES 2025 in Las Vegas, on January 6, 2025. Artur Widak | Nurphoto | Getty Images Sony Group shares rose about 2% Wednesday in volatile trading after the Japanese conglomerate announced a 250 billion yen ($1.7 billion) share buyback and […]
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Sony raises PlayStation 5 prices in Europe citing ‘challenging’ economic environment
The PlayStation DualSense controller and PlayStation 5 console. Jakub Porzycki | Nurphoto | Getty Images Sony hiked the price of its flagship PlayStation 5 console in Europe, Australia and New Zealand, citing a “challenging economic environment” behind its move. In Europe, the PS5 Digital Edition will now cost 499.99 euros ($569.9), Sony said in a blog […]
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Nintendo Switch 2 details: Price, screen size, controllers, microphone chat and games
Nintendo Switch 2 Courtesy: Nintendo Nintendo revealed the details of the Switch 2, its next game console, in a launch video on Wednesday. The Switch 2 will hit store shelves on June 5 for $449.99. Nintendo will launch game titles including “Mario Kart World” and “Street Fighter 6” alongside the new hardware. The new device […]
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This old-school filmmaking technique is still kicking even as AI takes on a bigger role in movies
Foley artist Gary Hecker recreates sounds (in this case, galloping horses) on the Foley sound stage at Todd-AO Studios in Santa Monica, California, July 3, 2012. Don Kelsen | Los Angeles Times | Getty Images In a small studio tucked within the Sony Pictures lot, Gary Hecker makes art with sound. His canvases are some […]
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Amazon cloud launches service for helping game companies with streaming
Attendees walk through an exposition hall at AWS re:Invent, a conference hosted by Amazon Web Services, in Las Vegas on Dec. 3, 2024. Noah Berger | Getty Images Amazon’s cloud unit said Thursday that it’s launching a service to allow video game publishers to stream their games online. GameLift Streams will deliver games to any […]
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Smartphone startup Nothing tries to stir market out of ‘sea of sameness’ with $400 phone
The Nothing Phone (3a). Nothing BARCELONA — British smartphone startup Nothing on Tuesday debuted a new handset it hopes can shake the mobile industry out of a perceived innovation slowdown. Nothing launched its new Phone (3a) device, a budget phone that comes with an unusual design featuring multiple different shapes and so-called “Glyph” lights on […]
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Shares in Sony surge over 10% after it forecasts stronger revenue and profit for 2024
Sony PlayStation game controllers are displayed at a Best Buy store on December 17, 2024 in San Rafael, California. Justin Sullivan | Getty Images Shares in Sony Group surged as much as 10.7% Friday after the company raised its revenue and profit forecast for its current financial year ending in March. The Japanese technology and […]
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Stocks making the biggest moves midday: Hanesbrands, Reddit, Nvidia, Applovin and more
Check out the companies making headlines in midday trading. Robinhood – Shares of the digital trading platform jumped 11% following its stronger-than-expected fourth-quarter revenue. Robinhood reported revenue of $1.01 billion in the period, topping the consensus estimate of $944.6 million from analysts surveyed by LSEG. Hanesbrands – The apparel stock fell around 18% after fourth-quarter […]
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Stocks making the biggest moves premarket: Robinhood, Deere, Cisco Systems, AppLovin and more
Check out the companies making headlines before the bell. Robinhood — The digital trading platform rallied 13% after reporting stronger-than-expected revenue for the fourth quarter. Robinhood posted $1.01 billion in the period, coming above the LSEG consensus estimate of $944.6 million. MGM Resorts — The resorts and casinos stock jumped nearly 10%. The company posted […]
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