Sony (NYSE:SONY) reported record first-quarter sales and operating income for fiscal 2026, raised its full-year sales, operating income and net-income forecasts, and said it expects most of an estimated ¥80 billion in U.S. tariff refunds to benefit results during the current fiscal year. For the qu
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Sony Group's financial arm has received conditional approval from the OCC to establish Connectia Trust, a US national trust bank. The new entity will focus on issuing and managing a dollar backed stablecoin as part of Sony Financial Group's digital asset plans. The move brings Sony into federally supervised digital asset infrastructure, extending beyond its core technology and entertainment activities. Sony Group (TSE:6758), trading at ¥3,409.0, is adding a new layer to its business mix...
In crypto news today (July 8), Bitcoin has experienced a slight retracement, still sitting comfortably above $60,000, but down -1.1% over the past 24-hours and trading for around $62,600. Liquidations have slowed since yesterday, dropping from over $532M to $345M, with over $240M of that figure coming from long positions, ...
Microsoft is fed up with weak performance from Xbox, so much so that it is likely to continue major layoffs — and maybe even a spinoff — in the coming weeks.