Kazuo Hirai

Sony (NYSE: SNE) is ready to release a game console in China. According to market intelligence and consulting firm Marbridge Consulting, Sony President and CEO Kazuo Hirai has confirmed that the company will bring its game console business to China. The company will begin by establishing a "...

Activist investor Dan Loeb of Third Point Capital has taken a larger stake in embattled technology maker Sony (NYSE: SNE) in an attempt to maximize shareholder value in the conglomerate. Loeb overnight announced that his fund raised its stake in the company to 6.9 percent in a bid to force through...

Bloomberg reported that Sony (NYSE: SNE) executives will forgo their bonuses. According to the story, about 40 executives will give up bonuses worth 30 to 50 percent of their annual pay. The move came after the board backed a proposal from CEO Kazuo Hirai to cut the bonuses. Hirai and former CEO...