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The Latest Breaking News from Sony Group Corp

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.

Sony Is Metaverse-Ready, CEO Kenichiro Yoshida Acknowledges

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…

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

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…

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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.

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…

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…

Asharq Al-Awsat

Russia-Ukraine Crisis Could Further Jeopardize Ongoing Semiconductor Chip Crisis: CNBC

Russia’s war in Ukraine could hamper the production of neon, a critical gas in advanced semiconductor manufacturing, further aggravating the semiconductor chip crisis, CNBC reports. Neon is fundamental for the lasers in a chip production process known as lithography, very vital for Samsung Electronics Co Ltd (OTC:SSNLF), Intel Corp (NASDAQ:INTC), and Taiwan Semiconductor Manufacturing Co Ltd (NYSE:TSM).…

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Jumanji Gets Theme Park Deal: How Sony Is Challenging Disney And Universal Theme Park Domination

Jumanji Gets Theme Park Deal: How Sony Is Challenging Disney And Universal Theme Park Domination

The media arm of Sony Group Corp (NYSE: SONY) could be on its way to establishing a successful theme park division thanks to several partnerships and a library of franchise brands that have performed well at the box office.

Sony To Snap Haven Entertainment Studios For Undisclosed Sum

Sony To Snap Haven Entertainment Studios For Undisclosed Sum

Sony Group Corp (NYSE:SONY) Sony Interactive Entertainment LLC agreed to acquire Haven Entertainment Studios Inc. The financial terms of the transaction remain undisclosed. Haven was a development studio formed by developer Jade Raymond, founder of Ubisoft Toronto and Motive Studios and one of the creative forces behind the blockbuster Assassin’s Creed franchise. Also…

Want To DJ Your Own Live Radio Show? Amazon Launched An App For It

Want To DJ Your Own Live Radio Show? Amazon Launched An App For It

Amazon.com Inc (NASDAQ:AMZN) showcased Amp, a new app that lets users DJ their radio shows. Users can access a music catalog including “tens of millions” of songs from Universal Music Group NV (OTC: UMGNF), Sony Group Corp’s (NYSE:SONY) Sony Music Entertainment, Warner Music Group Corp (NASDAQ:WMG), and independent labels. Amp allows users to launch their live show, where callers can…

Benchmark Remains Bullish On Take-Two Interactive Software, Thanks To Sony and Microsoft

Benchmark Remains Bullish On Take-Two Interactive Software, Thanks To Sony and Microsoft

Benchmark analyst Mike Hickey reiterated a Buy rating and $200 price target (29.1% upside) on Take-Two Interactive Software Inc (NASDAQ:TTWO). The re-rating came after he confirmed software pricing with the company for the upcoming "Grand Theft Auto V" and "GTA Online" releases for Sony Group Corp (NYSE:SONY) PlayStation 5 and Microsoft Corp (NASDAQ:MSFT) Xbox Series X/S. Hickey said the…

Amazon Prime Video Eyes Sony's Popular PlayStation Franchise For TV Adaptation

Amazon Prime Video Eyes Sony's Popular PlayStation Franchise For TV Adaptation

Amazon.com Inc's (NASDAQ:AMZN) Amazon Prime Video is eyeing the television adaptation of Sony Group Corp's (NYSE:SONY) popular PlayStation franchise "God of War," Deadline reports. Amazon is discussing a live-action TV series based on the mythology-themed video game. "The Expanse" creators and producers Mark Fergus and Hawk Ostby and "Wheel of Time" showrunner Rafe Judkins…

Sony To Establish Joint Venture With Honda To Make Electric Vehicles: What You Should Know

Sony To Establish Joint Venture With Honda To Make Electric Vehicles: What You Should Know

Japan’s Sony Group Corp (NYSE: SONY) and Honda Motor Co (NYSE: HMC) on Friday announced plans to establish a joint venture to make high-value battery electric vehicles that would go on sale in 2025.

Sony Merges Anime Offerings

Sony Merges Anime Offerings

Sony Group Corp (NYSE:SONY) merged its anime offerings under the Crunchyroll brand, Bloomberg reports. The move will help Crunchyroll leverage its understanding of Western anime fans to tap the booming interest in Japanese animation as competition heats up from Netflix Inc (NASDAQ:NFLX), Amazon.com Inc (NASDAQ:AMZN), and Hulu LLC. Sony makes a move seven months after acquiring the…

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Sony Showcases Latest PlayStation VR Headset

Sony Group Corp (NYSE:SONY) revealed its PlayStation VR2 virtual reality headset. Sony could look to attract people who want a headset that seamlessly connects and plays the games they already have on their PlayStation, CNBC reports. Sony's VR headset requires a PlayStation to run and looks similar to the Meta Platforms Inc's (NASDAQ:FB) Meta Quest…

Everything You Need To Know About Sony's Latest AI Agent GT Sophy

Sony Group Corp (NYSE:SONY) claims to beat the world's best drivers of the PlayStation racing simulation game Gran Turismo with its artificial intelligence agent Gran Turismo Sophy. The GT Sophy project used more than 1,000 PlayStation 4 consoles to train an AI bot, Bloomberg reports. Different units of Sony brought in fundamental AI research,…

Disney, Sony, ViacomCBS To Bid For Rights To This Popular Indian Cricket League

The Walt Disney Co (NYSE: DIS), Sony Group Corp’s (NYSE: SONY) Sony Pictures Networks India, and Viacom18 are companies planning to bid for the rights to the Indian Premier League,

Sony Clocks 13% Sales Growth In Q3 Backed By Spiderman Movie, Apple iPhone Image Sensors

Sony Group Corp (NYSE:SONY) reported third-quarter FY21 sales growth of 13% year-on-year to ¥3.03 trillion. Significant increases in Pictures, I&SS, Financial Services, and Music segments drove the increase. Spider-Man: No Way Home and sales of image sensors used in Apple Inc’s (NASDAQ:AAPL) iPhones played a vital role in the growth trajectory, Bloomberg reports. Sony sold 3.9…

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Sony Strikes Back In Gaming Wars With Acquisition Of Former Microsoft Game Developer Bungie

Sony Group Corp (NYSE: SONY) subsidiary Sony Interactive Entertainment on Monday announced plans to acquire independent video game developer Bungie for $3.6 billion.

Morgan Stanley Picks Sony As 'Research Tactical Idea'

Morgan Stanley analyst Masahiro Ono named Sony Group Corp (NYSE: SONY) a "Research Tactical Idea."

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