Sony Video Chief Admits Strategic Mistakes
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Sony missed out on potential sales from MP3 players and other gadgets because it was overly proprietary about music and entertainment content, the head of Sony Corp.'s video-game unit acknowledged Thursday.
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Although Sony is blaming its faltering profits partly on PlayStation 3 price cuts in Japan, a senior executive said Wednesday that further slashing prices may be in store for the just-launched video game machine.
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Executive chairman Michael Grade admits 'cultural failings' as viewers are cheated out of millions.
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By JILL LAWLESS  LONDON - Sony Corp. apologized Friday to the Church of England for a violent computer game that features a bloody shootout inside an Anglican cathedral.
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Â· Ofcom identifies 'serious management failings'Â· Mistake was kept secret for three months
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The Apple CEO was blunt that he believes the Zune is a failure, and that Blu-ray may have won the format war, but has probably lost the HD content battle.
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LCD TV leader plans to do its competitors one better.
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Q&A: Iron Mountain CEO Richard Reese says many reports of storage tapes lost by the firm are false, and explains how companies can keep up with changing storage regulations.
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Sony Corp needs to establish an  unwavering marketing strategy for its PlayStation 3 game  machine to drive growth of its console business, the head of  Japanese videogame publisher Square Enix Co Ltd said.
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The recent management changes in Sony Corp.'s video game division were needed to ensure the success of the new PlayStation 3 console, Sony President Ryoji Chubachi told a newspaper Friday.
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H. Lee Scott Jr., the chief of Wal-Mart Stores, spoke at length about the image problems that have dogged the giant retailer.
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Sony CEO Howard Stringer admitted in an interview that the price of the PlayStation 3 needs to come down, but provided no estimate as to how much of a price drop consumers can expect.
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The credit rating agencyâs chief executive said on Friday that his company had made significant mistakes in the rating of structured finance products.
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Recordable DVD players don't sell well in the U.S.; cable companies are to blame, according to Hitachi executive.
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Sony Corp. said on Friday its television  business returned to the black in the key October-December  quarter but profits were below its expectations as intense  price competition and heavy costs took a toll.
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Lee Scott, chief executive of retail giant Wal-Mart, tells the BBC that his firm's many critics have got it wrong.
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Blog: Sony Computer Entertainment's CEO and president Kaz Hirai has confirmed that the PS3 price cut isn't going to last.