Howard Stringer

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Sony: 90% of Subscribers Have Returned

CEO apologizes to shareholders over PlayStation cyberattack

(Newser) - Sony Chief Executive Howard Stringer credited "very loyal" PlayStation Network gamers for flocking back to the service in big numbers, as he sought today to reassure shareholders following a series of embarrassing hacker attacks. The CEO apologized for the data breach in April , which compromised personal data from more... More »

Dubai Ruler's Fund Invests in Sony

Stake is likely in the range of $500M to $1B

(Newser) - The fund owned by the ruler of Dubai has bought what it calls "a significant stake" in Sony, Dubai International Capital announced today. DIC hasn't let on to how large the investment is, reports the Financial Times, but said today, "we typically take positions of $500m-$1bn." Any... More »

Sony Goes After Apple With TV, Film Downloads

Video downloading may turn out to be even bigger than music

(Newser) - The iPod may have displaced the Walkman, but Sony is fighting back: The Japanese company with the Welsh CEO plans to roll out new video-downloading services for its high-def TVs and PlayStation devices, the Journal reports. Insiders at Sony suggest Howard Stringer will bet big on the video-downloading market, which... More »

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