Microsoft all set to launch the new Xbox console this week

Sony Corp.'s entertainment assets, including the world's second-largest recorded-music group Sony Music Entertainment and half of No. 1 music publisher Sony/ATV, could be spun off from its corporate parent if the board heeds a call from a hedge fund ...

A group of British hackers who ran riot causing millions of dollars of damage to computer networks run by Sony Corp., the CIA and other agencies were sentenced to jail terms on Thursday. Police said four men, members of the hacking collective known ...

TOKYO ( Reuters ) - A New York-based hedge fund with a reputation as an activist investor has proposed that Sony Corp spin off its entertainment division via an IPO, saying the move could boost the Japanese electronics firm's shares by as much as 60 ...

New York hedge fund manager Daniel Loeb wants Japanese electronics giant Sony Corp. to spin off its Culver City entertainment business. CBS Corp. might like that, too. Loeb, whose Third Point funds own more than $1 billion in Sony stock, sent a ...

Third Point, the hedge fund led by billionaire Daniel Loeb, has proposed Sony Corp. (6758) sell part of its entertainment business in an initial public offering, according to a letter obtained by Bloomberg News. Third Point asked Sony to sell as ...

(Closes share price in fifth paragraph.) May 17 (Bloomberg) -- Daiwa Asset Management Co., which bought Sony Corp. shares last year as it bet a weaker yen would boost earnings, is opposed to hedge-fund manager Daniel Loeb's proposal to spin off the ...

Investors who bought into Sony Corp. (6758)'s convertible bond issue last year may reap profits of as much as $1.7 billion, after the shares surged to more than double the price at which the debt can be redeemed for equity. Sony raised 150 billion ...

May 16 (Bloomberg) -- Sony Corp. has a $100 billion reason to consider Daniel Loeb's breakup proposal. Loeb, whose Third Point LLC hedge fund just took a $1.1 billion stake in Sony, is pushing the Tokyo-based company to sell as much as 20 percent of ...

Sony Corp was untraded with a glut of buy orders after a proposal from an activist fund to list its entertainment unit sent its US-listed shares soaring 10 percent. Its shares were indicated at 1,957 yen, up 4.3 percent from the previous day's ...