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May 3, 2011

Sony says 25 mln more users at risk in second data hack

TOKYO/NEW YORK, May 3 (Reuters) – Sony’s Internet
security crisis deepened on Monday with the company revealing
hackers had stolen data of another 25 million users of its PC
games system in a second massive breach for the consumer
electronics giant.

Sony’s latest revelation comes just a day after Sony No. 2
Kazuo Hirai announced measures had been put in place to avert
another cyberattack like that which hit its PlayStation Network,
hoping to repair its tarnished image and reassure customers who
might be pondering a shift to Microsoft’s Xbox.

May 3, 2011

Sony suffers second major user data theft

NEW YORK (Reuters) – Sony disclosed on Monday hackers had stolen the names, addresses and passwords of nearly 25 million more users than previously known less than a day after the Japanese company apologized for one of the worst break-ins in Internet history.

Sony’s latest revelation comes after Sony No. 2 Kazuo Hirai announced measures had been put in place to avert another Playstation-type cyberattack, hoping to repair its tarnished image and reassure customers who might be pondering a shift to Microsoft’s Xbox.

May 2, 2011

Sony unit shuts down service after April break-in

NEW YORK, May 2 (Reuters) – Sony Online Entertainment has
temporarily shut down its online games service and its Facebook
games after discovering the April break-in that led to the
theft of 77 million user accounts also affected its system.

A spokesman for the online games unit said the service was
taken down at 1:30 am Pacific time on Monday. The spokesman
declined to say how many customers were affected and none were
alerted beyond a terse message on its website.

May 2, 2011

EchoStar, Dish to pay TiVo to settle dispute

NEW YORK (Reuters) – Dish Network and EchoStar Corp will pay TiVo Inc $500 million to settle a patent infringement lawsuit involving TiVo’s video recording technology, putting an end to a long and costly legal battle.

Shares of TiVo rose 18 percent in premarket trading following the announcement.

Dish and EchoStar, both controlled by Charlie Ergen, will make an initial payment of $300 million to TiVo, with the remaining $200 million to be paid in six equal annual installments between 2012 and 2017, the companies said.

Apr 28, 2011

Kodak posts deeper loss than expected, shares fall

NEW YORK (Reuters)- Eastman Kodak (EK.N: Quote, Profile, Research, Stock Buzz) posted a larger-than-expected quarterly loss as it made less money from licensing its technology, sending its shares down 10 percent.

The photography company said on Thursday that film business revenue declined by 14 percent to $367 million. Kodak said part of the decrease was due to a hike in raw material costs, particularly in silver, which is used to manufacture film.

Apr 28, 2011

Kodak posts bigger-than-expected loss; shares fall

NEW YORK, April 28 (Reuters) – Eastman Kodak (EK.N: Quote, Profile, Research, Stock Buzz) posted
a larger-than-expected quarterly loss on fewer licensing
payments for its intellectual property, sending its shares down
nearly 9 percent.

On Thursday, the photography company said its film
business had declined by 14 percent to $367 million. Kodak said
the decrease was due to a hike in raw material costs,
particular in prices of silver, which is used to manufacture
film.

Apr 28, 2011

Sony gamers threaten to leave after hack

LONDON/NEW YORK (Reuters) – Loyal PlayStation gamers are threatening to ditch Sony Corp after it disclosed that personal information for some 77 million user accounts was stolen from its computer systems in one of the biggest-ever data breaches.

“People care very deeply about a data breach. More so than with other issues,” said Larry Ponemon, chairman and founder of the Ponemon Institute. “When you get a letter telling you that your data has been lost or stolen, you get pretty ticked off with the company.”

Apr 27, 2011

Game fans shocked by Sony data hack turn to rivals

NEW YORK/LONDON , April 27 (Reuters) – PlayStation gamers
expressed shock on Wednesday at the massive data hack of Sony
Corp (6758.T: Quote, Profile, Research, Stock Buzz) that compromised their personal information,
leaving many threatening to flock to Sony’s competitors and
other venues.

Shoppers at London video-games stores said they might leave
the network, PSN, which allows them to play games with 77
million other members and buy games online, while some gamers
writing in online forums called for a boycott of Sony
products.

Apr 27, 2011

Sony Playstation suffers massive data breach; firm criticised

TOKYO/NEW YORK (Reuters) – Sony Corp (6758.T: Quote, Profile, Research, Stock Buzz) 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 PlayStation suffers massive data breach

NEW YORK/BOSTON, April 26 (Reuters) – Sony suffered a
massive breach in its video game online network that led to the
theft of names, addresses and possibly credit card data
belonging to 77 million user accounts in what is one of the
largest-ever Internet security break-ins.

Sony learned that user information had been stolen from its
PlayStation Network seven days ago, prompting it to shut down
the network immediately. But Sony did not tell the public until
Tuesday.