With the shift in media consumption toward streaming so ingrained now, consumers are no longer as excited about the option to view more content from the comfort of their homes — they are hungry for in-person experiences, and media companies are getting onboard. Take, for...
Electronics/entertainment giant Sony plans to take its financial services unit public next fall. The company announced the partial spin-off of Sony Financial Group (SFGI), a business that includes banking and payment services, as it released quarterly earnings on Wednesday (Feb. 14). “Under the plan, Sony plans to distribute slightly...
Sony’s India unit is reportedly ready to cancel its $10 billion merger with Zee Entertainment. The deal, in the works since 2021, is at risk due to an impasse over the question of whether Zee CEO Punit Goenka would lead the new company, Bloomberg News reported Monday (Jan. 8), citing sources...
Sony Ventures, the dedicated investment team of Sony Group, has appointed 27-year Sony Group veteran Kazuhito Hadano as its new CEO, effective Jan. 1. Gen Tsuchikawa, the previous CEO and chief investment officer of Sony Ventures, will assume the new role of chairman of Sony Ventures, the company...
January 03, 2024
If next week’s Consumer Electronics Show is any indication, artificial intelligence is moving from the world of engineering and technology to the province of consumers, commerce and the connected economy. “We didn’t get the full CES fire hose of AI announcements last year like we’re going to have,” says Anshel Sag, a principal analyst at Moor Insights & […]
March 23, 2020
We’ve come a long way since the nickelodeon age of cinema. We’ve also come a long way since “be kind, rewind” VHS tapes from the local Blockbuster. In the age...
September 17, 2018
In 2016, $81 million disappeared from Bangladesh’s central bank. It could have been a lot worse — hackers tried to get away with $1 billion. U..S court filings this month...
February 14, 2024
Electronics/entertainment giant Sony plans to take its financial services unit public next fall. The company announced the partial spin-off of Sony Financial Group (SFGI), a business that includes banking and payment services, as it released quarterly earnings on Wednesday (Feb. 14). “Under the plan, Sony plans to distribute slightly more than 80% of its shares of SFGI to Sony’s […]
January 05, 2024
Sony Ventures, the dedicated investment team of Sony Group, has appointed 27-year Sony Group veteran Kazuhito Hadano as its new CEO, effective Jan. 1. Gen Tsuchikawa, the previous CEO and chief investment officer...
December 22, 2023
Sony-owned video-game studio Insomniac released a statement Friday (Dec. 22) about a data breach that became known earlier this month. “We’re both saddened and angered about the recent criminal cyberattack...
December 21, 2023
Alternative asset manager Blackstone is reportedly set to acquire an 80% stake in Sony Payment Services, a payment service provider under Sony Group. The deal, valued at approximately $280 million, is expected to be...
