The tail risk of a cyber disruption to markets cannot be ignored. Investors had better hope that the banks and exchanges are much better organised than Sony; and, perhaps, keep some hard cash in the mattress, Gillian Tett writes in the FT.
Jack Tretton, President of Sony Computer Entertainment America, finnaly broke his silence about the recent hacker attack which resulted in the theft of personal information.
Our beloved two party political system is currently negotiating an increase to the debt ceiling, all in the name of fiscal responsibility.
CNBC's Julia Boorstin has the story on new console announcements at E3.
Stocks gave up all of the day's earlier gains Tuesday to close lower for a fifth straight session, after Fed chairman Ben Bernanke acknowledged the economic slowdown, but didn't imply any further monetary stimulus ahead.
Nintendo unveiled its new console, the Wii U at its big press conference, with a new high-tech motion-sensor control and a slew of more hard core games.
Activision Blizzard didn't host a big press event at this year's E3, but its games had a huge presence in all the console makers presentations. I sat down with CEO Bobby Kotick in a first on CNBC interview right before Nintendo's big presser.
Stocks remained higher in the final hour of trading Tuesday amid light volume, ahead of Fed chairman Ben Bernanke's speech on the economic outlook.
For the past five years, Nintendo has ruled the home console space, and it has led the handheld category for more than four times that long. Now it's hoping to bring the best aspects of both fields together.
Stocks gained Tuesday amid a low-volume session, led by gains in energy, as the dollar declined to a one-month low.
Activision Blizzard CEO Bobby Kotick sits down with CNBC's Julia Boorstin at E3 to discuss the Sony Playstation network outage, its partnership with Nintendo, and the competition from Electronic Arts.
Reacting to Apple's latest developments, anticipating Nintendo's new console and minding Bernanke's every word. Here's what we're watching…
Stocks closed lower for the fourth-consecutive trading session Monday, led by weakness in banks and energy, as investors turned cautious over a slowdown in the recovery.
Stocks extended their losses in the final hour of trading Monday, led by banks and energy, as investors turned cautious amid signs of an economic slowdown.
Stocks turned mixed Monday after marking their fifth week of losses Friday on the heels of a disappointing jobs report.
Stock index futures pointed to a flat open Monday after signs the economy was slowing pushed the index to its fifth week of losses, with many investors expecting the downtrend to continue.
Juxtapositions galore. Apple gets ready to debut its iCloud, while everyone else's cloud gets hacked. Portuguese elections set the stage for austerity, while austerity rocks Greece. Here's what we're watching...
A hacker claims to have stolen names and passwords belonging to 120 users of Sony Europe's website and published them to the Internet.
Even the most bullish of prospective buyers have become wary of the name. But rather than an outright purchase of shares, this provides a classic example of a situation where options can provide a better risk/reward proposition.
As the video game industry prepares for its annual trade show, it's facing challenges from social networking and mobile games. Many companies find themselves at a critical juncture in their evolution.