Sony has revised up its earnings forecast for it gaming and virtual reality (VR) divisions in its latest corporate strategy meeting. » Read More
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.
While Nintendo had a lot to brag about in March, the overall video game industry wasn't so fortunate.
The most successful recording artist right now isn't Lady Gaga, Katy Perry or Justin Bieber. It's Adele, a twenty-two year-old British pop star with a deep bluesy voice. Her appeal stretches from teenagers to baby boomers, who find her soulful sound classic and timeless. And that wide demographic appeal is translating into huge chart-topping numbers.
Here's why you should keep a close eye on these six stocks.
Anyone who reads the newspaper or watches CNBC knows David Tice. He is the founder of the Prudent Bear Fund.
As the three-month auction for Warner Music Group draws to a close, Yucaipa Companies is the frontrunner. Its $3 billion plus bid would beat a recent offer of $2.8 billion by BMG, a KKR and Bertelsmann joint venture. Both bids are for the whole company.
Stocks closed mixed Monday with tech stocks lower after the market traded within a narrow range during much of a quiet session with the market at or near highs for the year. Johnson & Johnson led the Dow higher, while HP fell.
Stocks gained moderate strength in the final hour of trading Monday, although largely remained within a narrow range, amid another quiet trading session with the market at or near highs for the year. Johnson & Johnson and Wal-Mart gained, while HP fell.