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PlayStation Enters Crypto? Sony’s Stablecoin Might Be Used for Gaming Payments

PlayStation Enters Crypto? Sony's Stablecoin Might Be Used for Gaming Payments

Simply put Sony Group intends to enable its U.S. customers to use its stablecoin for video game subscriptions and other digital content, as reported by Japan’s Nikkei newspaper. This initiative follows Sony Bank’s application for a U.S. banking license, submitted in October. Earlier this year, Sony introduced its own Ethereum Layer 2 network and has […]

Sony raises PlayStation prices by $50 due to tariffs affecting US gamers

Sony raises PlayStation prices by $50 due to tariffs affecting US gamers

Sony has announced a $50 price increase for all PlayStation 5 consoles, resulting in a new price of $550 for U.S. customers. This shift is largely attributed to tariffs imposed during Trump’s administration. The Japanese gaming giant revealed that starting Thursday, the price of the PS5 will rise from $500. This increase implicitly criticizes the […]

Microsoft raises Xbox prices due to tariffs following PlayStation hike

Microsoft's Xbox is hiking prices for gaming consoles, controllers, first-party titles and other accessories following similar moves by competitors due to tariffs affecting Global Supply Chains. in Blog post On Thursday, Xbox said it would raise prices for products in the US, Europe, Australia and the UK. The more powerful Xbox Series X consoles will […]

PlayStation Network suffers global multi-hour outage: ‘This is ridiculous’

Sony's PlayStation Network suffered a few hours of suspension from Friday evening, infuriating gamers around the world who had not been able to access the online store and other apps and features until Saturday. “We know that some users may be experiencing PSN issues now,” the official Ask PlayStation post said X Account I said […]

Surgeons use PlayStation controller for long-distance endoscopy

In a groundbreaking experiment, Swiss surgeons have successfully performed endoscopic surgery on pigs 5,780 miles away in Hong Kong. This innovative feat was accomplished using a video game controller and paves the way for the future of remote human surgery, especially in areas where local medical expertise is lacking. Get security alerts, tips from experts […]

Sony cuts 900 jobs from PlayStation division in latest tech culling

Gaming company Sony announced Tuesday it would cut 900 jobs from its PlayStation division, becoming the latest tech giant to lay off some of its employees. Sony Interactive Entertainment (SIE) President and CEO Jim Ryan announced the dismissal A Tuesday email to PlayStation employees said the cuts amounted to 8% across the company’s locations around […]

Sony lays off 900 workers from PlayStation division amid video game slump

Sony Interactive Entertainment said Tuesday it will cut about 900 jobs at its PlayStation division and close its London studio, as the video game industry struggles to recover from the post-pandemic downturn. The layoffs, which will affect about 8% of the division’s staff in regions ranging from the Americas to Asia, come days after Sony […]