Isabel's Feed
May 1, 2011

Sony to resume some PlayStation services; apologizes

TOKYO (Reuters) – Sony said it would resume some services on its PlayStation Network this week and offer incentives to customers to try to prevent them turning to competitors after the theft of personal information belonging to 78 million user accounts.

Top Sony executives apologized for the massive data breach at a news conference in Tokyo Sunday, the first public comments from senior management on the crisis.

May 1, 2011

Sony to resume some network services after data breach

TOKYO (Reuters) – Sony said it would resume some services on its PlayStation Network this week after boosting the security of computer systems that had allowed the theft of personal information belonging to 77 million user accounts.

Sony, which is scrambling to control a crisis triggered by the massive security breach, said it would offer some free content, including 30 days of free membership to a premium service to existing users, to prevent customer flight.

Apr 28, 2011

Panasonic to axe 40,000 jobs – source

TOKYO (Reuters) – Japanese consumer electronics giant Panasonic Corp will slash 40,000 jobs over the next two years in a bid to pare costs and keep up with ever-tougher competition from Asian rivals, a source said on Thursday.

Releasing its annual results, Panasonic declined to comment on the job cuts, which represent more than 10 percent of its 380,000 strong workforce, but set aside 110 billion yen ($1.3 billion) in restructuring expenses for the year to March 2012.

Apr 28, 2011

Panasonic says to axe 40,000 jobs; profits rise

TOKYO (Reuters) – Japanese consumer electronics giant Panasonic Corp will slash 40,000 jobs over the next two years in a bid to pare costs and keep up with ever-tougher competition from Asian rivals, a source said on Thursday.

The company, which employs about 380,000 people, will incur more than 100 billion yen ($1.22 billion) in expenses this year related to the job cuts and a reorganisation of production facilities, the Nikkei newspaper reported earlier.

Apr 28, 2011

Panasonic to cut 40,000 workers on cost-cutting

TOKYO (Reuters) – Japanese consumer electronics giant Panasonic Corp (6752.T: Quote, Profile, Research) will slash 40,000 jobs over the next two years in a bid to pare costs and keep up with ever-harsher competition from Asian rivals, a source said on Thursday.

The company, which employs about 380,000 people, will incur more than 100 billion yen (731 million pounds) in expenses this year related to the job cuts and a reorganisation of production facilities, the Nikkei newspaper reported earlier.

Apr 28, 2011

Panasonic to cut 40,000 workers on cost-cutting drive-source

TOKYO, April 28 (Reuters) – Japanese consumer electronics
giant Panasonic Corp will slash 40,000 jobs over the
next two years in a bid to pare costs and keep up with
ever-harsher competition from Asian rivals, a source said on
Thursday.

The company, which employs about 380,000 people, will incur
more than 100 billion yen ($1.22 billion) in expenses this year
related to the job cuts and a reorganisation of production
facilities, the Nikkei newspaper reported earlier.

Apr 27, 2011

Sony Playstation suffers massive data breach; firm criticised

TOKYO/NEW YORK, April 27 (Reuters) – Sony Corp
suffered a huge breach in its video game online network that
allowed the theft of names, addresses and possibly credit card
data belonging to 77 million user accounts, in one of the
largest Internet security break-ins ever.

Sony said it learned of the breach in its popular PlayStation
Network on April 19, prompting it to shut down the network
immediately. Sony did not tell the public about the stolen data
until Tuesday, hours after it unveiled its first tablet
computers in Japan.

Apr 26, 2011

Sony unveils its first tablet computers to take on Apple

TOKYO (Reuters) – Sony (6758.T: Quote, Profile, Research, Stock Buzz) launched its first tablet computers in an ambitious attempt to grab the second spot in the market more than a year after Apple’s (AAPL.O: Quote, Profile, Research, Stock Buzz) iPad revolutionised mobile computing.

The gadgets will use an operating system based on Google’s (GOOG.O: Quote, Profile, Research, Stock Buzz) Android 3.0, said Kunimasa Suzuki, deputy president of the consumer products and services group.

Apr 26, 2011

Sony unveils its first tablet computers to take on

TOKYO (Reuters) – Sony launched its first tablet computers in an ambitious attempt to grab the second spot in the market more than a year after Apple’s iPad revolutionized mobile computing.

The gadgets will use an operating system based on Google’s Android 3.0, said Kunimasa Suzuki, deputy president of the consumer products and services group.

Apr 26, 2011

Sony to take on Apple with launch of first tablet PCs

TOKYO (Reuters) – Sony, a laggard in the booming tablet market, unveiled its first tablet computers in an ambitious attempt to grab second place in the market created and still dominated by Apple’s iPad.

The new gadgets will use an operating system based on Android 3.0, Kunimasa Suzuki, deputy president of the consumer products and services group, told reporters in Tokyo on Tuesday.