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PlayStation 4 And Xbox One Are Already Being Replaced? Upgrades For UltraHD/4k TVs
Tuesday, June 28, 2016 - 10:04am | 478On June 10, Sony Corp (ADR) (NYSE: SNE) CEO Andrew House confirmed the successor to the company's widely popular PlayStation 4 in an interview with the Financial Times. Following Sony’s announcement, Phil Spencer, chief executive of Xbox One, announced Microsoft Corporation (NASDAQ: MSFT...
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Sony Spins Off PlayStation Business Into New Entity
Tuesday, January 26, 2016 - 10:43am | 356Sony Corp (ADR) (NYSE: SNE) announced on Tuesday a major business update affecting its PlayStation segment. Sony stated in a press release it will create a new business named Sony Interactive Entertainment LLC (SIE) that will join the forces of all business units belonging to Sony Computer...
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Sony's PlayStation 4 Achieves New Sales Milestone
Tuesday, December 3, 2013 - 1:10pm | 456Sony (NYSE: SNE) has sold more than 2.1 million units of its latest game console. The company made the official announcement today, just days after PlayStation 4 was released in Europe. According to MCV, Sony sold 250,000 units in the United Kingdom alone in just 48 hours. This is...
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Sony Buys the Netflix of Gaming, Gaikai, for $380 Million
Monday, July 2, 2012 - 8:33am | 491Sony (NYSE: SNE) has announced that it plans to acquire Gaikai, a streaming video game service, for $380 million. Founded in November 2008, Gaikai has had a number of notable investors, including Intel (NASDAQ: INTC), Qualcomm (NASDAQ: QCOM), and Benchmark Capital. The company was co-founded by...