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Stocks pared losses in the final hour of trading on Tuesday amid a sell-off in energy and materials stocks, as commodities sank in the wake of a nearly eight percent decline in silver prices.
As the repercussions and scope of recent cyberattacks continue to grow, Sony's problems are mounting.
Stocks closed modestly lower Monday, coming off highs reached after news of Osama Bin Laden's death, as investors considered the potential for terror attacks in retaliation for the killing.
Stocks fell in late afternoon trading on Monday, coming off highs reached after news of Osama Bin Laden's death, as investors considered the renewed potential for terror attacks in retaliation for the killing.
Nearly two weeks after being the subject of one of the largest data breaches in business history, the PlayStation Network will go back online this week, Sony announced Sunday morning.
Sony Corp's No.2 Kazuo Hirai will brief media on Sunday about a huge security breach of its PlayStation Network, the first time an executive of the Japanese electronics giant will publicly address the case, which could prompt global legal actions.
The film, television and video game industries are all facing seismic shifts in their fields and are trying to find ways to avoid the same fate as the music industry while using very similar tactics.
Two days after Sony announced that a major computer hack had possibly compromised the credit card numbers of tens of millions of customers, a US Senator is demanding a Department of Justice investigation into the matter—and complaining that Sony did not come clean about the breach soon enough.
CNBC's Eamon Javers has the story on Sony facing more scrutiny after the Play Station security breach.
Following are moves you might have missed. Find out why shares of Corning and Costco popped while Sony dropped.
While Sony says it is still unsure if the hacker who broke into its PlayStation Network and Qriocity Music Service was able to access credit card information, consumer advocates are on high alert.
Sony's acknowledgement that hackers have compromised its PlayStation Network put 70 million subscribers on alert — and left a lot of people with a lot of questions.
Six days after a security breach of its PlayStation Network, Sony said Tuesday that the incursion was much worse than expected and hackers had obtained personal data on 70 million subscribers.
Stocks rallied to close at multi-year highs Tuesday after several robust earnings reports and a surprisingly strong report on consumer confidence added to increasing optimism about economy.
Stocks rallied to new multi-year highs Tuesday after several robust earnings reports and a surprisingly strong report on consumer confidence added to increasing optimism about economy.
Hackers have managed to cut Sony off at the knees in several of the most competitive aspects of this generation of video games.
A prototype of the new device, which has been rumored for the past several weeks, will be unveiled at E3, the video game industry's annual trade show in June.
While the Xbox 360 and PlayStation 3 were born with 10-year life cycles in mind, the Wii hit the market with a much shorter projected lifespan. Now there's growing talk that the company could announce its successor as early as June.
In this country of break-dancing androids and artificially intelligent pets, nuclear cleanup crews on the tsunami-ravaged northern coast are depending on U.S.-made robots to enter damaged reactor units where it is still too dangerous for humans to tread.
As the iPhone has stolen the media spotlight and been touted as the sole competitor for Nintendo's dominance of the mobile gaming market, Sony has been somewhat left in the shadows.