Page 11 - Latest Updates on Sony
Blackstone to buy major stake in Sony Payment Services for $280 mn
Blackstone Inc. will take a majority stake in a payment service provider under Sony Group Corp. for about $280 million, a person familiar with the matter said
 "Blackstone to buy major stake in Sony Payment Services for $280 mn")
Sony, Zee have one-month grace period to complete $10 billion merger
The grace period, as well as the talks on a further deadline extension, are keeping hopes alive for a two-year-old transaction that has already seen ample drama and delays
 "Sony, Zee have one-month grace period to complete $10 billion merger")
Sony sold over 50 million Play Station 5 gaming consoles over three years
Sony's games business was its largest unit by sales and the second-biggest contributor to operating profit after music in the last financial year
 "Sony sold over 50 million Play Station 5 gaming consoles over three years")
Sony's video game plans leaked by Rhysida ransomware group: Report
Sony-owned Insomniac Games' more than 1.3 million files, including game roadmaps, budgets and information about an upcoming "Wolverine" title, have been leaked online by the Rhysida ransomware group
 "Sony's video game plans leaked by Rhysida ransomware group: Report")
Zee Ent slips 4% as it seeks to extend deadline for merger with Sony
The request to extend the deadline comes just a day after two independent directors were unable to secure the re-appointment of the company's board
 "Zee Ent slips 4% as it seeks to extend deadline for merger with Sony")
NCLAT refuses to stay Zee-Sony merger, case now to be heard in January
IDBI Bank and Axis Finance had challenged the August 10, 2023, order of the Mumbai bench of the National Company Law Tribunal (NCLT), which approved the Zee-Sony merger
Why large consumer brands have a lot at stake in Disney, Sony deals
The first of these two transactions may come as early as Monday and would see Walt Disney Co. enter into a non-bidding agreement with Mukesh Ambani to merge their media businesses in the country
 "Why large consumer brands have a lot at stake in Disney, Sony deals")
Sony PlayStation VR2 virtual reality headset launched in India: Details
The PlayStation VR2 headset boasts Sony's Tempest 3D AudioTech, which allows in-game audio to adapt to players position and head movement
 "Sony PlayStation VR2 virtual reality headset launched in India: Details")
Sony confident for double-digit growth in India, helped by premiumisation
"FY24 is also looking very promising. We are looking forward to a growth of 15 to 20% as an overall company and of course, needless to say, profitability is also going to be good," Nayyar told PTI
 "Sony confident for double-digit growth in India, helped by premiumisation")
Zee-Sony merger: IDBI Trusteeship files appeal against Chandra at NCLAT
The appeal challenges the National Company Law Tribunal (NCLT) Mumbai order rejecting IDBI trusteeship's objection to the merger
 "Zee-Sony merger: IDBI Trusteeship files appeal against Chandra at NCLAT")
Sony-Zee merger risks collapse ahead of its deadline over CEO drama
Zee is insisting that its Chief Executive Officer Punit Goenka - also its founder's son - will helm the new entity, as agreed in the pact signed in 2021, while Sony is wary of his appointment
Sony to integrate in-camera authentication into Xperia smartphones: Report
Sony has confirmed that this feature will be released as a firmware update for the upcoming Alpha 9 III, Alpha 1, and Alpha 7S III mirrorless cameras
 "Sony to integrate in-camera authentication into Xperia smartphones: Report")
Sony is testing in-camera authentication to validate original content
The feature will safeguard the authenticity of captured images and provide an extra layer of security to aid news agencies
Sony faces $7.9 billion mass lawsuit over PlayStation Store prices in UK
Sony Interactive Entertainment (SIE) was sued last year on behalf of nearly nine million people in the United Kingdom who had bought digital games or add-on content through Sony's PlayStation Store
 "Sony faces $7.9 billion mass lawsuit over PlayStation Store prices in UK")
Sony announces The Last of Us Part II Remastered for PS5: Details here
The Last of Us Part II Remastered brings graphic enhancements, new survival mode and a host of playable characters that were not available in the original
 "Sony announces The Last of Us Part II Remastered for PS5: Details here")
Warner Bros and Sony join top brands to halt spending on X, says report
X said that the research strategy used by Media Matters to discover the advertisements that ran along antisemitic content was not representative of how regular people use its platform
 "Warner Bros and Sony join top brands to halt spending on X, says report")
Sony unveils Pulse Explorer wireless earbuds, Pulse Elite wireless headset
India is not part of the first markets to get the accessories, but Sony has confirmed that the devices will be available globally in the months soon
 "Sony unveils Pulse Explorer wireless earbuds, Pulse Elite wireless headset")
Next-generation Sony PlayStation5 controller may have earbuds case built-in
Sony has reportedly filed a patent for a PS5 controller with charging-case like compartment on the back side where a pair of earbuds can be placed and charged
 "Next-generation Sony PlayStation5 controller may have earbuds case built-in")
Sony-Zee merger may be finalised by November despite appeals from banks
IDBI Bank and Axis Finance have both filed pleas National Company Law Appellate Tribunal (NCLAT) challenging the merger
Sony refreshes PlayStation 5 gaming console with sleek design, more storage
The new Sony PS5 will be initially available in US only, and global launch is expected in coming months
 "Sony refreshes PlayStation 5 gaming console with sleek design, more storage")