Nathan's Feed
Apr 29, 2011

Sony faces global legal action over data theft

TOKYO/WILMINGTON, Delaware (Reuters) – Sony Corp could face legal action across the globe after it delayed disclosing a security breach of its popular PlayStation Network, infuriating gamers and sending the firm’s shares down nearly 5 percent in Tokyo Thursday.

Sony shut down the network on April 19 after discovering the breach, one of the biggest online data infiltrations ever. But it was not until Tuesday that the company said the system had been hacked and that users’ data could have been stolen.

Apr 28, 2011

Sony faces global legal action over PlayStation data breach

TOKYO/WILMINGTON, Delaware (Reuters) – Sony Corp could face legal action across the globe after it belatedly disclosed a security breach of its popular PlayStation Network, infuriating gamers and sending the firm’s shares down 5 percent in Tokyo on Thursday.

Sony shut down the network on April 19 after discovering the breach, one of the biggest online data infiltrations ever, but did not tell the public about the theft until Tuesday.

Apr 28, 2011

Sony faces global legal action over breach; shares fall

TOKYO/WILMINGTON, Delaware April 28 (Reuters) – Sony Corp
could face legal action across the globe after it
belatedly disclosed a security breach of its popular PlayStation
Network, infuriating gamers and sending the firm’s shares down 5
percent in Tokyo on Thursday.

Sony shut down the network on April 19 after discovering the
breach, one of the biggest online data infiltrations ever, but
did not tell the public about the theft until Tuesday.

Apr 28, 2011

Sony shares fall 5 percent as Playstation woes threaten

TOKYO (Reuters) – Shares in Sony Corp fell 5 percent on Thursday as a massive leak of data on its Playstation games console users sparked global legal scrutiny and threatened to crimp its business.

In the United States, several members of Congress seized on the breach, in which hackers stole names, addresses and possibly credit card details from users of Sony’s PlayStation Network, in one of the largest Internet security break-ins ever.

Apr 28, 2011

Sony shares fall 5 pct as Playstation woes threaten outlook

TOKYO, April 28 (Reuters) – Shares in Sony Corp (6758.T: Quote, Profile, Research, Stock Buzz)
fell 5 percent on Thursday as a massive leak of data on its
Playstation games console users sparked global legal scrutiny
and threatened to crimp its business.

In the United States, several members of Congress seized on
the breach, in which hackers stole names, addresses and possibly
credit card details from users of Sony’s PlayStation Network, in
one of the largest Internet security break-ins
ever.[ID:nN27173425]

Apr 22, 2011

Toyota says output to return to normal by Dec

TOKYO, April 22 (Reuters) – Toyota Motor Corp said
it could take until the end of the year before production has
fully recovered to levels before the massive
earthquake and tsunami on March 11 devastated Japan’s northeast,
disrupting the supply of key parts.

In the clearest forecast yet of how long it would take for
the Japanese auto industry to recover, Toyota said output would
start to pick up in July in Japan and around August overseas,
with a complete recovery expected in November or December.

Apr 22, 2011

Toyota says output to return to normal in Nov or Dec

TOKYO, April 22 (Reuters) – Toyota Motor Corp said
it could take until the end of the year before production has
fully recovered to levels before the massive
earthquake and tsunami on March 11 devastated Japan’s northeast,
disrupting the supply of key parts.

In the clearest forecast yet of how long it would take for
the Japanese auto industry to recover, Toyota said output would
start to pick up in July in Japan and around August overseas,
with a complete recovery expected in November or December.

Mar 23, 2011

Analysis: Japan disaster could fuel production shift overseas

TOKYO (Reuters) – Japan’s triple disaster could well provide the final nudge for companies to shift production overseas and away from the risks that have sent a shudder through the global supply chain.

A surge in the yen to a record high against the dollar only adds to the case, reminding Japan’s array of major export names such as Toyota Motor Co and Sony Corp about the currency risks of manufacturing in the country.

Mar 23, 2011

Japan disaster may add fuel to production shift overseas

TOKYO, March 23 (Reuters) – Japan’s triple disaster could
well provide the final nudge for companies to shift production
overseas and away from the risks that have sent a shudder
through the global supply chain.

A surge in the yen to a record high against the dollar only
adds to the case, reminding Japan’s array of major export names
such as Toyota Motor Co (7203.T: Quote, Profile, Research) and Sony Corp (6758.T: Quote, Profile, Research) about
the currency risks of manufacturing in the country.

Mar 14, 2011

Special Report: Can Japan find “New Deal” after triple whammy?

TOKYO (Reuters) – The Daiichi nuclear power plant in Fukushima is built right on the shoreline in northeast Japan. So when an 8.9 magnitude earth quake struck on Friday, the tsunami waves it spawned — tall as a house and speeding like a jet plane — crashed over the reactors and put them at risk of a meltdown.

Another hydrogen explosion rocked the plant on Monday while engineers were flooding the three reactors in the complex with sea water in a desperate attempt to prevent what was shaping up as the worst nuclear emergency since the Chernobyl disaster 25 years ago.