SNE News and Press, Sony Corporation From 12/18/20

Cyberpunk 2077 was one of the most anticipated video game releases of the year, but a massive failure in its rollout led many to feel they were duped by the developer, CD Projekt Red (CDPR). After apologies from CDPR for its apparent sleight of hand used to sell the game, Sony ...

Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify. Tesla makes grand entrance into S&P 500Index funds tracking the S&P 500 have a small window today to buy nearly $80B worth of Tesla (TSLA) stock as...

"Sony Interactive Entertainment (SNE) strives to ensure a high level of customer satisfaction, and we will begin to offer a full refund for all gamers who have purchased Cyberpunk 2077 via PlayStation Store and want a refund," the company wrote in a tweet.The long-delayed Cyberpunk 2077 was o...

HBO Max (T -0.7%) is now available on the PlayStation 5 (SNE +0.7%). Starting today, users of the freshly launched console can download the HBO Max app and begin streaming. It's also available on PS4. The move comes just in time for the high-stakes Christmas Day release of Wonder Woman 1984, ...

Apple's (AAPL) AirPods Pro earbuds are facing competition from newer products from competitors in the runup to the holidays. The Airpods Pro were released in October 2019, but Bose and Sennheiser released newer products in the second half of 2020. The most recent is the Bose new Qui...

A year of heavy consumer spending on video games is coming to an epic conclusion with the release of new consoles like Sony 's (NYSE: SNE) PlayStation 5 (PS5). Other notable new releases just in time for the end of 2020 include Facebook 's (NASDAQ: FB) Oculus Quest 2 for vir...

The FTC and numerous state AGs have filed an antitrust case against Facebook alleging they have used their monopoly position to take out potential competitors. The proposed remedy is a divestment of Instagram and WhatsApp, and some other open-ended restrictions. The lesson of the ...

Videogame sales growth rose sharply as November kicked off its first pandemic holiday season - a case of more of the same in 2020, as game makers have seen a banner year from the stay-at-home business, and rolled out a new generation of major consoles for the first time in seven years. Overal...

The gaming industry is on fire this year thanks to COVID-19 keeping more people indoors. The World Economic Forum forecasts the global gaming industry’s revenue is set to hit $165 billion for the whole year. This should benefit all gaming companies, even some that might not come imme...

The management team at AT&T decided, after months of negotiations, to sell anime streaming service Crunchyroll to Sony. This move will help the firm pay down debt, but it's a massive mistake for the firm strategically. Not only does it weaken the company's shift to streaming, ...