Though it's popular with an in crowd of entertainers, politicos and hipsters, the microblogging service is having a hard time getting regular people to join. That's a problem, a big problem.
The beleaguered CEO of the struggling Internet pioneer delivers a "bold" strategic plan. She is cutting jobs, selling patents and real estate, and inviting would-be acquirers to speak up.
The nation's fourth-largest wireless carrier turns heads and gets back on the path to growth thanks to aggressive discounts.
The company lost 126 billion yen ($1.05 billion) in the fiscal year ended in March, but it expects to turn that around with a 140 billion yen profit next fiscal year.
Dragging down the rest of the company Sony's mobile unit posts a quarterly operating loss of $1.6 billion on $2.8 billion in revenue.
The carrier lost $2.38 billion in the quarter thanks to charges related to its wireline assets and its brand.
The company expects a pretax loss due to changes in pension and post-employment plans and abandonment of certain copper assets.
In 2014, the Swedish music-streaming service's revenue reportedly rose 45 percent to $1.1 billion, but attempts to build out products nearly doubled its operating loss.
A fake press release says the chipmaker is pulling out of its $6 billion investment because of the "destruction and loss of life resulting from Israel's recent assault on Gaza."
Sony plans to sell it Vaio PC operations to an investment fund, cut 5,000 jobs, and revises full-year forecast from a profit to a loss of $1.1 billion. It will also spin off its TV business.