Sony Corp. sank to a 138 billion yen ($1.3 billion) quarterly loss, hit by costs from selling its personal computer business, and is forecasting more red ink as it struggles to execute a long-promised turnaround. The Tokyo-based maker of the PlayStation 4 game machine, Bravia TVs and...
Sony Corporation sank to a 138 billion yen ($1.3 billion) quarterly loss, hit by costs from selling its personal computer business, and is forecasting more red ink as it struggles to execute a long-promised turnaround.
Sony executives including Kazuo Hirai will accept pay cuts and forsake their bonuses this year as the PlayStation parent company turns in its fourth consecutive annual loss, according to a report from the financial world. The Wall Street Journal did not n…
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