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Game Over: Why the Console Wars Have Ended

In George Orwell's dystopian novel "Nineteen Eighty-Four," the world is divided into three megacountries that are constantly at war with one another. Full story

Console Gaming Is Dying — and Microsoft Knows It

When Microsoft unveiled its latest console, the Xbox One (don't let the name throw you; this is the third console to bear the Xbox moniker), online observers couldn't help but notice that a vast majority of the conference discussed everything but video games. Full story

News Summary: Sony mulls hedge fund's spinoff idea

SPINOFF: Sony's CEO Kazuo Hirai says the electronics giant's board will discuss a proposal by U.S. hedge fund manager Daniel Loeb to spin off up to 20 percent of its movie, TV and music division. Full story

Sony cuts sales target for cameras, smartphones for 2014-15

TOKYO (Reuters) - Japan's Sony Corp lowered its sales target for digital cameras to 1.3 trillion yen ($12.7 billion) for the fiscal year to end-March 2015, from a previous estimate of 1.5 trillion yen. Full story

The new consoles from Microsoft, Nintendo and Sony

Microsoft is the last of the three big video game console makers to unveil its latest gaming system. The unveiling comes nearly eight years after the Xbox 360 went on sale. It follows last fall's debut of Nintendo's Wii U and a preview in February of the upcoming PlayStation 4 from Sony. Full story

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Articles

Is Sony un-Japanese enough to entertain change?

Expectations high for next Xbox

Sony to name Chugai Pharma's CEO as chairman: Nikkei

LulzSec hackers who "wreaked havoc" at Sony jailed in UK

LulzSec hackers "at cutting edge" of cyber crime, court told

U.S. hedge fund calls for Sony Entertainment spin-off

Sony bid to revive electronics to hinge on smartphones

Studios go direct to fans for social-media boost

Sony settles lawsuit by lawyer for gospel artists

Ricoh unveils $800 GR compact with 16-megapixel APS-C sensor, continuous autofocus

Video

  Faber Report: Is Loeb Too Late For Sony?

CNBC's David Faber has the latest details on activist investor Daniel Loeb's call for Sony to spin off its entertainment unit.

  Sony In Loeb's Crosshairs

Hedge fund hot shot Dan Loeb had success calling for change at Yahoo, but now he's taking on an entirely new beast: Sony. Ryan Mendy, Spinoff Report, weighs in on whether Loeb has gotten in over his head.

  Sony vs. Activist Investor

Billionaire hedge fund investor Daniel Loeb wants Sony to spin off its entertainment arm, reports Jon Fortt.

  Third Point's Dan Loeb Wants Sony Break Up

Daisuke Wakabayashi, The Wall Street Journal, discusses the likelihood of a Sony spin-off and what the reconfigured company might look like.

  Sony's CEO on New PlayStation 4

Jack Tretton, President & CEO of Sony Computer Entertainment America, discusses his company's updated game console, with CNBC's Jon Fortt.

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Related Photos

Sony Corp's President and CEO Hirai speaks during the Sony Corporate Strategy Meeting at the company's headquarters in Tokyo
Sony Corp's President and CEO Hirai speaks during the Sony Corporate Strategy Meeting at the company's headquarters in Tokyo

Sony Corp's President and Chief Executive Officer Kazuo Hirai speaks during the Sony Corporate Strategy Meeting at the company's headquarters in Tokyo May 22, 2013. REUTERS/Toru Hanai

Sony Corp's President and CEO Hirai speaks during Sony Corporate Strategy Meeting at the company headquarters in Tokyo
Sony Corp's President and CEO Hirai speaks during Sony Corporate Strategy Meeting at the company headquarters in Tokyo

Sony Corp's President and Chief Executive Officer Kazuo Hirai speaks during Sony Corporate Strategy Meeting at the company headquarters in Tokyo May 22, 2013. Sony Corp cut its sales targets for digital cameras, smartphones and tablets by 13-17 percent for the year to end-March 2015, but said there

Sony Corp's President and CEO Hirai attends the Sony Corporate Strategy Meeting at the company's headquarters in Tokyo
Sony Corp's President and CEO Hirai attends the Sony Corporate Strategy Meeting at the company's headquarters in Tokyo

Sony Corp's President and Chief Executive Officer Kazuo Hirai attends the Sony Corporate Strategy Meeting at the company's headquarters in Tokyo May 22, 2013. Sony Corp cut its sales targets for digital cameras, smartphones and tablets by 13-17 percent for the year to end-March 2015, but said there

Sony Corp's President and CEO Hirai arrives at Sony Corporate Strategy Meeting at the company's headquarters in Tokyo
Sony Corp's President and CEO Hirai arrives at Sony Corporate Strategy Meeting at the company's headquarters in Tokyo

Sony Corp's President and Chief Executive Officer Kazuo Hirai arrives at the Sony Corporate Strategy Meeting at the company's headquarters in Tokyo May 22, 2013. Sony Corp cut its sales targets for digital cameras, smartphones and tablets by 13-17 percent for the year to end-March 2015, but said the