Latest Sony Corp News

Japanese leader visits new chip factory, stressing ties with Taiwan and support for key technology

Apr. 06, 2024 02:04 AM EDT

TOKYO (AP) — Japanese Prime Minister Fumio Kishida visited a new semiconductor plant for which his government has pledged more than 1 trillion yen ($7 billion) of support to secure a steady supply of chips on Saturday. “I believe this project will have positive ripple effects...

Apple lays off more than 600 workers in California in its first major round of post-pandemic cuts

Apr. 05, 2024 06:45 AM EDT

Apple is laying off more than 600 workers in California, marking the company's first big wave of post-pandemic job cuts amid a broader wave of tech industry consolidation. The iPhone maker notified 614 workers in multiple offices on March 28 that they were losing their jobs, with...

OpenAI has 'full confidence' in CEO Sam Altman after investigation, reinstates him to board

Mar. 08, 2024 21:03 PM EST

OpenAI is reinstating CEO Sam Altman to its board of directors and said it has “full confidence” in his leadership after the conclusion of an outside investigation into the company's turmoil. The ChatGPT maker tapped the law firm WilmerHale to look into what led the company to...

The jobs market is hot, but layoffs keep coming in a shifting economic environment

Feb. 29, 2024 12:51 PM EST

The U.S. economy is humming and there are hundreds of thousands of jobs being added every month. In a stunning burst of hiring to start the year, the nation added 353,000 jobs in January, shrugging off the highest interest rates in two decades that have been put in place by the U.S. Federal Reserve...

Electronic Arts cutting about 5% of workforce with layoffs ongoing in gaming and tech sector

Feb. 29, 2024 09:17 AM EST

Electronic Arts is cutting about 5% of its workforce, or approximately 670 employees, as layoffs in the technology and gaming sector continue after a surge of hiring in recent years. The video game maker said in a regulatory filing that its board approved a restructuring plan that...

Sony to cut about 900 jobs in its PlayStation unit as layoffs in technology, gaming sector continue

Feb. 27, 2024 10:42 AM EST

Sony will cut about 900 jobs in its PlayStation division, or about 8% of its global workforce, becoming the latest company in the technology and gaming sector to announce layoffs. Sony cited changes in the industry as a reason for the restructuring. “The industry...

Taiwan giant chipmaker TSMC opens first plant in Japan as part of key global expansion

Feb. 24, 2024 03:56 AM EST

TOKYO (AP) — Chip giant Taiwan Semiconductor Manufacturing Co. opened Saturday in an official ceremony its first semiconductor plant in Japan as part of its ongoing global expansion. “We are deeply grateful for the seamless support provided by you at every step,” TSMC Chairman...

Beatles to get a Fab Four of biopics, with a movie each for Paul, John, George and Ringo

Feb. 20, 2024 16:05 PM EST

NEW YORK (AP) — The Beatles are getting the big-screen biopic treatment in not just one film, but a Fab Four of movies that will give each band member their own spotlight — all of which are to be directed by Sam Mendes. For the first time, the Beatles, long among the stingiest...

Dakota Johnson and S.J. Clarkson and find the psychological thriller in ‘Madame Web’

Feb. 15, 2024 09:25 AM EST

LOS ANGELES (AP) — One of the first things that struck director S.J. Clarkson about “Madame Web” was that this was a superhero who did not have superhuman strength. And unlike Batman, she couldn’t just buy herself some. No, Cassandra Webb has a different kind of power: Clairvoyance. This,...

Sony's profit rises on growing sales of music, games, pictures, sensors

Feb. 14, 2024 10:24 AM EST

TOKYO (AP) — Japanese electronics and entertainment company Sony’s profit rose 13% in October-December on growing sales of music, image sensors and video games, the company said Wednesday. Tokyo-based Sony Corp.’s quarterly profit totaled 363.9 billion yen, or $2.4 billion, up...