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Sony Will Spend $926 Million on Restructuring

Sony has taken a beating

Apr 12 2012, 3:06pm CDT | by

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Sony Will Spend $926 Million on Restructuring
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Sony Will Spend $926 Million on Restructuring

It has been a bad week for Sony. The company has announced it expects to take a massive loss this year and will restructure resulting in the loss of 10,000 jobs. Not all those 10,000 employees will be laid off, some jobs will go to other companies via unit sales and other changes.

Sony announced today that it expects to spend $926 million on restructuring fees in fiscal 2012. Sony's fiscal 2012 ends on March 31, 2013. This week Sony announced a $6.4 billion net loss for the full year that ended on March 31, 2012. The major restructuring efforts are in part due to that massive loss.


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Update: 11

Rajasthan Royals vs Kings XI Punjab 2014 IPL Cricket: Date, Time, Live Streaming, TV Channel

Source: The Epoch Times

The post Rajasthan Royals vs Kings XI Punjab 2014 IPL Cricket: Date, Time, Live Streaming, TV Channel by Zachary Stieber, Epoch Times appeared first on The Epoch Times.It’s the Rajasthan Royals vs Kings XI Punjab in an Indian Premier League match on April 20, 2014. The teams are set to face off at the Shiekh Zayed Stadium in Abu Dhabi. The game is scheduled to start at 8:00pm IST (6:30pm GST, 2:30pm GMT). The game will be broadcast on Set Max and Sony Six in India, O ...
Source: The Epoch Times   Full article at: The Epoch Times 22 minutes ago


Update: 10

Is The "Bioshock" Movie Back On?

Source: Latino Review

Spike TV's 10th Annual Video Game Awards - Red Carpet
A year ago it seemed the dream was over - plans for a film based on the highly acclaimed video game series "Bioshock" at Universal were dead according to Irrational Games co-founder Ken Levine. Now though, it looks like it may have new life at another studio.Kotaku reports that Sony Pictures has registered three new web domains –, and - which ...
Source: Latino Review  Full article at: Latino Review 1 hour ago

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Update: 9

Nintendo's trailblazing Game Boy marks 25th anniversary

Source: Asia One

Disney Magical World Launch Event At Nintendo World Store
TOKYO - Nintendo's trailblazing Game Boy marks its 25th anniversary Monday with the portable device's legacy living on in cutting-edge smartphone games and among legions of nostalgic fans.The Japanese firm released its 8-bit Game Boy on April 21, 1989 - the same year Soviet troops pulled out of Afghanistan, the Chinese army violently cracked down on protesters in Tiananmen Square and the Berlin Wall fell.Billed as a "handy game mach ...
Source: Asia One   Full article at: Asia One 4 hours ago

Update: 7

A sneak peek at Sony’s new summer tech


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Source:   Full article at: 10 hours ago, 6:21pm CDT

Update: 6

Bad Plus pares down Stravinsky, but it’s all ‘Rite’

Source: Pittsburgh Entertainment

‘The Rite of Spring’ The Bad Plus (Sony  Masterworks) Translating Igor Stravinsky’s “The Rite of Spring” into piano trio lexicon is a daunting — a ...
Source: Pittsburgh Entertainment   Full article at: Pittsburgh Entertainment 11 hours ago, 6:17pm CDT

Update: 5

Sony shows off upcoming PS4 gameplay video editor 'SHAREfactory' in new video

Source: Neowin

Sony Open - Day 15
Sony will release a gameplay video editor, SHAREfactory, for the PlayStation 4 console in an upcoming software update and is showing off its features in a new video. ...
Source: Neowin   Full article at: Neowin 11 hours ago, 6:03pm CDT

Update: 4

Sony Registers BIOSHOCK Movie Domains

Source: Comic Book Movies

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Could a live-action Bioshock movie be in the works...again? Kotaku reports, Sony Pictures has registered three curious domain names:, and At this time, there is no content available on these pages. Even if a Sony-produced BioShock films is only in the early stages of being developed it seems logical that the studio would want to lock down potentially lucrative domain names. Universal was the last stu ...
Source: Comic Book Movies   Full article at: Comic Book Movies 11 hours ago, 5:22pm CDT

Update: 3

Sony Music, Zee ink global digital assets mgmt deal

Source: Business Standard

Sony Music Brit Awards 2014 - After Party
Sony Music will have access to all of Zee Music's releases, including Holiday, Bang Bang, Bombay Velvet, Humshakal and Haw ...
Source: Business Standard   Full article at: Business Standard 17 hours ago, 11:22am CDT

Update: 2

Your Week in Pop Culture: 5 questions the 'Scandal' finale didn't answer

Source: FOX 19 News Cincinnati

Sony Open - Day 15
Five questions left after the season 3 finale of Scandal, kids interacting with a Sony Walkman will make you feel old and more ...
Source: FOX 19 News Cincinnati   Full article at: FOX 19 News Cincinnati 18 hours ago, 11:00am CDT

Update: 1

Former Apple chief executive plans to launch mobile phone for India

Source: Asia One

NEW DELHI - Former Apple chief executive John Sculley, whose marketing skills helped bring the personal computer to desktops worldwide, says he plans to launch a mobile phone in India to exploit its still largely untapped smartphone market.Inflexionpoint, an information technology supply company co-founded by Sculley, will start selling the smartphones next month in India under the new Obi Mobiles brand, t ...
Source: Asia One   Full article at: Asia One 21 hours ago, 8:00am CDT

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<a href="/latest_stories/all/all/3" rel="author">Shane McGlaun</a>
Leading our review center, Shane McGlaun (Google) knows technology inside out. His extensive experience in testing computer hardware and consumer electronics enable him to effectively qualify new products and trends. If you want us review your product, please contact Shane.
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