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The Latest Breaking News from Sony Group Corp

LeBron James X PlayStation Collab: Childhood Nostalgia And The Game He Can’t Get Enough Of

As part of his collaboration with Sony Group Corp's (NYSE: SONY) PlayStation, four-time NBA champion LeBron James.

Zenger

‘Call Of Duty’ Stays In PlayStation Arsenal As Sony, Microsoft Reportedly Strike 10-Year Deal

Sony Group Corp and Microsoft Corporation reached a 10-year agreement to keep “Call of Duty” games on PlayStation consoles

Zenger

Sony Expects Profit to Slip Despite Record PlayStation 5 Sales

Sony Group Corp on Friday said PlayStation 5 sales will jump by six million units this business year, but forecast its profit will slip from a record high as weaker financial services sales offsets gains from gaming, music and movies. The Japanese company said it expects operating profit in the…

Asharq Al-Awsat

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Federal Trade Commission Attempting A Lawsuit Against Microsoft Over Antitrust Issues

PlayStation owner Sony Group Corp has been vocal in its attempt to block rival Microsoft Corporation buying Activision Blizzard.

Zenger

Totoki to replace Yoshida as Sony Group president

Hiroki Totoki, currently Sony Group Corp.'s executive deputy president and chief financial officer, will be promoted to president and chief operating officer on April 1, the company announced Thursday.

The Japan News/Yomiuri

Microsoft says it offered FTC consent decree on 'Call of Duty'

Microsoft Corp. said that antitrust regulators shrugged off its offer to make "Call of Duty" available to gaming rivals — including Sony Group Corp. — as part of its $69 billion purchase of Activision Blizzard Inc.

Tribune News Service

Sony Says it Has Technology for Humanoid Robots, Just Looking for Use

Japanese electronics and entertainment conglomerate Sony Group Corp said on Tuesday it has the technology to make humanoid robots quickly once it has identified how they could be effectively used. "In terms of technology, several companies in the world including this one has enough technology accumulated to make them swiftly…

Asharq Al-Awsat

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'Greater Competition In Traditional Gaming': Microsoft Says Sony And Nintendo Will Benefit From Activision Acquisition

A planned acquisition of a leading video game publisher and console maker has faced regulatory hurdles. The acquirer was taking steps to help make the deal move forward, including creating a new landing page.

Benzinga

PlayStation Eyes New Investment for PC, Mobile Push

Sony Group Corp's gaming business is looking at fresh investment to bolster its push into PC and mobile, a senior executive said, as the PlayStation 5 maker competes for talent with deep-pocketed rivals and as industry dealmaking heats up. "Further investments in areas that will strengthen the expansion on to…

Asharq Al-Awsat

Benzinga Before The Bell: Tesla Loses Challenge Against Racial Bias Accusation, Monkey Pox Vaccines May Not Be Enough, Apple To Manufacture iPhone 14 In India Soon After Release And Other Top Financial Stories Tuesday, August 23

Reuters Volkswagen Eyes Stake In Canadian Mining Business: Report

Benzinga

Wheel Of Fortune Casino To Debut In New Jersey This Year: All You Need To Know

BetMGM has signed an agreement with Sony Group Corp's (NYSE:SONY) Sony Pictures Television and International Game Technology PLC (NYSE:IGT) to launch Wheel of Fortune Casino. Sports betting and iGaming operator BetMGM was born out of a partnership between MGM Resorts International (NYSE:MGM) and Entain Plc (OTC:GMVHY). The Wheel of Fortune Casino is set to become the first full brand-led online…

Benzinga

Honda, Sony Join Forces For EVs - Read More For Details

Honda Motor Co Ltd (NYSE:HMC) and Sony Group Corp (NYSE:SONY) have signed a joint venture agreement to establish a new company to engage in the sale of high-value-added electric vehicles. Both Honda and Sony together will invest ¥10 billion in total. The investment ratio is 50% each. The name of the new company is Sony…

Benzinga

Sony Heightens Microsoft Xbox Rivalry With Latest Move

Sony Group Corp's (NYSE:SONY) Sony Interactive Entertainment disclosed the launch of its all-new PlayStationPlus game subscription service in North and South America, offering more flexibility and value for gaming fans. The service has one monthly fee and will incorporate its separate cloud gaming platform, PlayStation Now. PlayStation Plus subscribers will migrate to the…

Benzinga

Sony’s Former Chief, Who Pushed Content but Missed iPod Wave, Dies at 84

Nobuyuki Idei, the urbane former chief executive of Sony Group Corp, who spearheaded the Japanese conglomerate's push into content but missed the shift to MP3s that led to the iPod, died on June 2, the company said on Tuesday. Idei, who was 84, took the helm in 1995 to drive…

Asharq Al-Awsat

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Benzinga

Sony Hopes To Charge Extra For Entertainment Provisions In Its Car: WSJ

Sony Group Corp’s (NYSE:SONY) first car will include entertainment features like movies and video games, for which the owners will have to pay extra to gain access, the Wall Street Journal reported. The report quoted Sony CEO Kenichiro Yoshida saying the car market is nearing a shift to a service model where…

Benzinga

Morning Brief: Top Financial Stories Dominating on Thursday, May 26

CNBC Two Major Tech Deals Come Under UK Government Scrutiny

Benzinga

Sony Goes Aggressive On Gaming Pursuit - Read How

Sony Group Corp's (NYSE:SONY) PlayStation division looks to acquire more game studios and increase investment in live services, PC and mobile offerings, its gaming chief said, Bloomberg, reports. Sony is yet to expand PlayStation Studios inorganically and will look to keep forging deals, Jim Ryan said. Sony spent nearly half its PlayStation…

Benzinga

GameStop Is Dishing Out Big Discounts During This Special Playstation Event

GameStop Corp (NYSE: GME) is dishing out some major discounts for Sony Group Corp’s (NYSE: SONY) PlayStation “Days of Play” event.

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Zenger

Sony Seeks To Become Entertainment Leader In The Metaverse

The Japanese electronics giant is establishing a dominant presence in the virtual immersive world.

Benzinga

Mystery Solved! The Top 9 Bestselling Products In History

The bestselling products in the world stand at the crossroads of innovation meets the ability to formulate a product that has never been made before.

Benzinga

Sony Is Metaverse-Ready, CEO Kenichiro Yoshida Acknowledges

Sony Group Corp (NYSE:SONY) considered itself well-positioned to play a leading role in the metaverse that could massively disrupt industries and establish new powerhouses, Reuters reports. "The metaverse is at the same time a social space and live network space where games, music, movies, and anime intersect," CEO Kenichiro Yoshida. He pointed…

Asharq Al-Awsat

Sony’s Q4 Operating Profit More than Doubles, Helped by Gaming

Japan's Sony Group Corp said on Tuesday its fourth-quarter operating profit more than doubled to 138.6 billion yen ($1.06 billion), helped by strong performance at its gaming and network services business. Sony has also benefited from strong demand for its PlayStation 5 games console, which it is using to encourage…

Benzinga

Not To Be Outdone By Rival, Sony Could Put More Ads In PlayStation Games

Video game giant Sony Group Corp (NYSE: SONY) could be increasing the number of ads in its games.

Benzinga

Fortnite Maker Clocks $32B Valuation After Raising Funds From Sony, Lego

Fortnite maker Epic Games raised $2 billion from Sony Group Corp (NYSE:SONY) and the family-owned holding company behind the Lego Group, reaching a valuation of $31.5 billion, Reuters reports. Sony, an existing investor, and the Kirkbi investment company invested $1 billion to help Epic accomplish its metaverse ambitions. Epic Games essentially lost a trial in…

Asharq Al-Awsat

Epic Games Valued at about $32 Bln in Funding from Sony, Lego Firm

Epic Games said on Monday it had raised $2 billion from Sony Group Corp and the family owned holding company behind the Lego Group, valuing the "Fortnite" creator at $31.5 billion. Sony, an existing investor, and the Kirkbi investment company each invested $1 billion, Epic said, with the fundraising to…

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