Sony share price tumble following hack into PlayStation store December 8, 2014 The continuing cyber attacks on Sony are beginning to make investors nervous, as shares in the tech company fell significantly for the first time since the hacks on the tech company began on 24 November. Sony’s share price had stayed steady since the breaches began, yet after the official PlayStation store was brought down [...]
Sony PlayStation Network taken down after hack attack and Lizard Squad claims responsibility December 8, 2014 Hacker group Lizard Squad has claimed responsibility for an attack on Sony's PlayStation network that left some unable to log into the service. The company said its working to fix the problem and greets visitors the site with the message "page not found! It's not you. It's the internet's fault". Sony suffered another attack last [...]
North Korea praises Sony hack as a “righteous deed” but denies involvement December 7, 2014 North Korea has denied it was behind a cyber attack on Sony Pictures over the studio’s new movie release which depicts an assassination attempt on the country’s leader Kim Jong-Un. The secretive country failed to distance itself from the attack which caused huge amounts of highly sensitive information to be leaked, praising the attack and [...]
Sony hack: Staff comments reveal how much they hate Adam Sandler – who joins Drew Barrymore, Eddie Murphy, Denzel Washington and Tom Cruise in Forbes’ Most Overpaid Hollywood Actors list 2014 December 5, 2014 Sony Pictures Entertainment employees are really annoyed that Adam Sandler gets paid so much. The media giant was hacked last week and those responsible – rumoured to be working for North Korea, though this has been denied – have dumped a load of information ranging from the pay of some of its stars to [...]
Sony to end $277m Fifa sponsorship November 25, 2014 Fifa’s $35m annual income from Sony’s sponsorship could be about to come to an end, as the Japanese tech giant opts not to renew its contract with football’s governing body. According to leading Japanese business paper Nikkei Asian Review, Sony will shift sponsorship funds towards completing structural reforms after deciding not to extend its [...]
Sony share price plummets on profit warning September 18, 2014 Shares in Sony fell by 12 per cent to ¥ 1,865.5 (£10.50) at the start of trading in Tokyo last night, following the release of a profit warning by the consumer electronics giant. It said that losses for the year ending March 2015 could reach as high as £1.32bn, which is four times bigger [...]
Sony heads for deeper loss on phone sales September 17, 2014 SONY cut its profit forecast for the sixth time on boss Kazuo Hirai’s watch yesterday after revealing a huge 180bn yen (£1bn) impairment charge on its struggling smartphone unit. The Japanese consumer tech giant widened its net loss forecast to 230bn yen for the year ending 31 March from a previous forecast of a 50bn [...]
Sony issues profits warning after £1bn mobile write-down September 17, 2014 Sony has issued a profits warning this morning, after being hit by a 180bn yen (£1bn) impairment charge for its mobile phone division. The tech giant has forecast a loss of 230bn yen for the year to March 31 – far greater than the 50bn yen loss it was predicting previously. Estimates for an [...]
Bomb scare diverts Sony chief’s flight as PlayStation and Xbox hit by cyber attack August 25, 2014 An American Airlines flight carrying a Sony executive was diverted after a bomb scare yesterday, in the wake of a cyber attack that took the Japanese electronics giant’s online gaming service down over the weekend. The attack, which started on Sunday, took down Sony’s PlayStation network by overwhelming it with traffic, but the company said [...]
Sony is spending £200m so you can take better selfies July 24, 2014 Sony is planning to spend an additional £200m to increase production of the technology found in cameras and used for taking selfies. The Japanese electronics firm is upping production of its CMOS image sensor which is already found in the rear cameras of Apple’s iPhones and other smartphones. Device makers tend to make smartphones with [...]