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While Sony as a whole is predicting losses to the tune of almost half a billion this fiscal year, company CEO Kazuo Hirai is looking to the future - specifically, the PlayStation 4's future. During a corporate strategy meeting reported by Japanese website Impress Watch and translated by Eurogamer,...

May 23rd 2014 at 2:30pm 0 Comments
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Sony CEO Kazuo Hirai and other company executives will decline their annual bonuses and accept up to a 50 percent pay cut following Sony's fourth annual loss within the last five years, the Wall Street Journal reports. Sony downgraded its financial forecast earlier this month, and expects to repor...

May 13th 2014 at 3:00pm 0 Comments
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Sony executives are considering splitting the company's entertainment and electronics divisions, following billionaire Daniel Loeb's proposed initial public offering of its entertainment business. The entertainment arm includes all PlayStation properties, alongside Sony's film and music businesses....

May 23rd 2013 at 2:30pm 0 Comments
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One morning, Sony president and CEO Kaz Hirai woke up and said, "I probably have too many titles." Beyond being the president and CEO of Sony Corporation (the umbrella parent company of PlayStation, Bravia, and many other Sony brands), Hirai is also "representative director" and "chairman" –...

June 27th 2012 at 9:50am 0 Comments
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Sony announced today it would cut 10,000 jobs, approximately 6 percent of its global workforce, as it projects a loss of $6.4 billion for the fiscal year that ended in March. It will be the fourth straight year of losses for the company, which really needs to turn around its money pit TV business o...

April 12th 2012 at 11:30am 0 Comments
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After a bout of he said / she said earlier this year over the possibility of executive deputy prez Kazuo Hirai becoming president and CEO of Sony Corp., Sony has decided to make the news official this morning. As of April 1, 2012, Kaz will step up to the job of current CEO Sir Howard Stringer, effe...

February 1st 2012 at 8:50am 0 Comments
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Sony Online Entertainment has good news for fans of its dormant MMORPGs. Service restoration has officially begun for all of the company's online games, forums, and related websites as of May 14th. Earlier today, the company issued a press release with the details as well as a statement from Sony...

May 14th 2011 at 8:10pm 0 Comments
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If you're curious what Sony higher-ups have to say about the recent PlayStation Network security debacle, you'll want to check out Kazuo Hirai's remarks to the media at 2:00 p.m. Sunday in Tokyo (1:00 a.m. EDT). Hirai, Sony Corp's executive deputy president, is expected to field questions from jo...

April 30th 2011 at 6:00pm 0 Comments
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Though we've been getting frequent updates from PlayStation Blog on the state of the recently intruded-upon PlayStation Network, one of the massive corporation's higher-ups is now planning to step forward to field some of our questions. According to Reuters, Sony Corp executive deputy president K...

April 30th 2011 at 11:30am 0 Comments