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(Bloomberg) -- Microsoft Corp. announced a third substantial price increase for the company’s current-generation Xbox video-game consoles in a glaring example of the component shortage crisis that has universally driven up the cost of consumer tech products.Most Read from BloombergInvestor Who Scored 900% Win in 2008 Crisis Has New Big Short BetStocks Whipsaw as Micron Surges While Apple Sinks: Markets WrapGrand Ole Opry House Up For Sale by Owner Ryman HospitalityMicron Shares Soar After AI-Fue

(Bloomberg) -- Sony Group Corp. was still marketing the original PlayStation when it last tapped the US investment-grade bond market. Almost three decades later, it’s readying a comeback. Most Read from BloombergSpaceX Falls for Third Day, Erases $600 Billion in Market ValueOracle Cut 21,000 Jobs in 12 Months, Says AI Replaced Some RolesKorean Stocks Tumble 10% as Extreme Volatility Rattles InvestorsStocks Fall as SpaceX’s Rout Offsets US-Iran Hopes: Markets WrapMeta Invests $900 Million in Cred

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.

The rush to build AI data centres has created all sorts of unexpected winners and losers. It’s a good time to sell electrical components or air...

(Bloomberg) -- Taxi-hailing app provider Go Inc.’s shares advanced 10% in its trading debut on the Tokyo Stock Exchange on Tuesday, helping to support investor sentiment after the nation’s largest initial public offering so far this year. Most Read from BloombergIran’s Deputy Foreign Minister Confirms Deal Reached With USStudios in Microsoft’s Xbox Division Brace for ClosuresNetanyahu Pays a Political Price for Trump’s Iran DealUS and Iran Agree to Halt War, Restart Middle East Oil ShipmentsUS a

With hardware sales falling and costs rising, a comeback would be anything but guaranteed.

(Bloomberg) -- Microsoft Corp.’s Xbox division is planning major job cuts next month as new Chief Executive Officer Asha Sharma overhauls the video game unit to stem declining revenue.Most Read from BloombergHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’Tech Stocks Sink as Oil Jumps on US-Iran Jitters: Markets WrapXbox Plans Significant Layoffs as New CEO Plans OverhaulCuba Poised for Biggest US Fuel Shipment Since Cold War EmbargoH-1B Visa Rules Have Changed Again. What to KnowTh

The prominent AI music generation startup is now valued at over $5.4 billion -- about seven months ago, it raised at a $2.45 billion valuation.

Country music star Garth Brooks is considering a sale of his catalog, eyeing roughly $2 billion for the rights to his songs and recordings, according to people familiar with the matter. Brooks, an album sales and touring juggernaut, is seeking a price that would be among the largest deals for an individual artist or group’s catalog. The country superstar has been entertaining a transaction for a few years and recently told some investors that he’s one of a few artists of his level of fame who hasn’t sold and is considering it, one of the people familiar with the matter said.

Sony launches new premium Bravia TVs and audio products before its home entertainment joint venture begins in 2027.

(Bloomberg) -- Embattled Switch 2 maker Nintendo Co. enjoyed its biggest stock gain in two months on Tuesday as concerns about overvaluation in the AI sector sent investors on the hunt for bargains elsewhere.Most Read from BloombergUS Lawmakers Plan New $130 Fee for Electric Vehicle OwnersBillionaire Rinehart Bets $100 Million on US Defense StocksTrump Says Holding Off on New Iran Strikes After Gulf AppealStocks and Oil Whipsaw on Mixed US-Iran Signals: Markets WrapElon Musk Loses Case Against S

Sony (NYSE:SONY) reported record annual sales and operating profit for fiscal 2025 while outlining a corporate strategy centered on entertainment, intellectual property, creation technology and artificial intelligence. Hiroki Totoki, Sony Group Corporation’s president and CEO, said the company had

(Bloomberg) -- The worsening shortage in global memory chips due to the artificial intelligence buildout is driving a widening gulf in corporate results and stock performances.Most Read from BloombergAmbani’s Cola War With Coke, Pepsi Spurs Fridge Bonanza in IndiaInside a Year of Chaos and Conflict at Kevin Hart’s Media CompanyMamdani Scraps Property Tax Hike, Counts Second-Home RevenueIran Makes New Offer on Uranium in Response to US, WSJ SaysShares of memory makers Micron Technology Inc. and S

The deal will give Sony Music Publishing ownership of works performed by Beyonce, Lady Gaga, Journey, Red Hot Chili Peppers and others.

Sony’s Crunchyroll has increased its subscriber base nearly 25% in the past year, as young audiences seek entertainment that stands apart from the typical fare.

News Corporation posts fiscal Q3 earnings and revenue growth, fueled by gains in Dow Jones, digital real estate and book publishing.

The majority Sony-owned venture will set up production lines in Kumamoto Prefecture, with potential Japanese government backing

The Japanese entertainment and electronics company has spent billions of dollars on acquisitions in recent years to beef up its entertainment content.