Jack Tretton, the president and CEO of Sony Computer Entertainment America, will step down at the end of the month, according to the company.» Read More
Sony plans to lower the production cost of its PlayStation 3 game consoles by using less expensive chips, aiming to turn these operations profitable between September and March of next year, the Nikkei business daily reported on Friday.
Sony will delay its annual earnings report by a few weeks as it grapples with the extra paperwork needed to comply with tougher U.S. accounting rules.
Sony and Immersion said they have settled their long-simmering patent dispute over the vibration technology that shakes video game controllers, and will work together to bring the so-called "rumble" function back to PlayStation products.
The Warner Bros. film was released on DVD just two weeks ago, the third of the best-picture nominees to hit retail shelves, and its Oscar buzz is likely to lead to increased sales.
Sony Chief Executive Sir Howard Stringer said it wouldn't make sense to break up the company's businesses in a digital age.
The U.S. Federal Trade Commission said Sony BMG agreed to settle charges that it secretly embedded potentially damaging anti-piracy software in some of its CDs.
Japanese electronics giant Sony reported a drop in quarterly profit Tuesday, but boosted its earnings outlook for the full year.
The first shots in the war for the microprocessor of the future have been fired over the weekend. The two leading chipmakers, Intel and IBM, came out with similar announcements this weekend that they have made major advancements in microchip technology. Jim Goldman had the story for “Morning Call” from San Jose, CA.
Japanese game maker Nintendo on Thursday posted a 40% rise in quarterly profit, driven by blistering sales of its DS handheld machine, and stood by its forecast for record-setting annual earnings.
Shipments in Japan of the new PlayStation 3 video game machines reached 1 million Tuesday, Sony said, hitting the company's target about two weeks behind schedule.
Nintendo sold 604,200 of its new Wii video game consoles in the U.S. in December, beating Sony, which sold 490,700 units of its new PlayStation 3, according to retail market research firm NPD.
Warner Bros just unveiled its new Total HD format - works on either Blu-Ray or HD DVD player - guaranteeing that Warner is one company that can't lose in this format war. With The Beatles song, "So Happy Together," playing loudly on the speakers, and "One Disc For All" heralded up on the big screens, Warner Bros Chairman and CEO, Barry Meyer, looked a lot happier than...
Those of you who watched CNBC on Friday probably caught my reporting on baseball superagent Scott Boras. Despite all the negativity that comes from fans – they dislike him because he takes their players away from them for better money – it's hard to deny that he's a powerful figure who rarely disappoints his clients. Also, one of the most interesting articles I read over the weekend was about Spain's bullfighting tradition being in distress. Bullfighting is...
CNBC’s Silicon Valley Bureau Chief Jim Goldman is in Las Vegas for the 40th annual Consumer Electronics Show--where some 140,000 people are previewing products from 3,000 companies over the next four days. Our top tech reporter appeared on “Squawk on the Street” to tell us the companies – and stocks – to watch at the conference.
Sony and Microsoft said on Sunday they hit sales targets as their PlayStation 3 and Xbox 360 video game consoles battle for top billing in the $30 billion game market.
Here we are, on the eve of the huge Consumer Electronics Show in Las Vegas. We had pretty good anecdotal data from some of the industry's biggest names that 2006 was a strong year for the business, but now we have hard data, courtesy of the Consumer Electronics Association, the group hosting this week's event in Las Vegas. And 2007 looks even stronger!
Financial markets will have plenty of news to feast on in the coming week although the markets generated enough headlines on their own in the first days of January with just a few big stories to chew on. The second week of January is quite busy. We're looking forward to some of the most important and newsy industry conferences of the year, plus the start of earnings season, an important Fed speech, and some fresh economic data.
Just a few days away now from what promises to be an absolutely blockbuster week in the world of electronics, beginning with the massive Consumer Electronics Show in Las Vegas ... CES will be attended by 145,000 registered guests, 2,600 exhibiting companies spread across 35 football fields. But this year's show gives us pause to look back since CES celebrates its 40th anniversary.Ironic since this past December 28, I celebrated my 40th birthday as well. Ironic still since my wife took me away to a decidedly low-tech, nature-infused Calistoga Ranch in California's Napa Valley. As I absorbed the phenomenal scenery, the extraordinary attention to every detail, the attentive service, the wine, the spa, the food, all the relaxation gave my mind a chance to wander: preparing for the electronics extravaganza ahead while letting my mind drift to my first CES in 1994 ...
The war over the next generation of DVDs might be reaching an impasse, without one clear winner. Julia Boorstin closed out “Power Lunch” with the details on the DVD format war.
The companies also agreed to conclude their patent litigation, which involved imaging technologies, Kodak said.