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Howard Stringer - Sony's troubled chief

Hackers have accessed an estimated 100m accounts on the Sony’s online gaming networks. It’s one of the worst internet break-ins of all time — analysts say it could cost Sony up to $24bn — and comes as Sony has striven to put its PlayStation games console at the centre of plans for a digital future.

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thehindu.com
kyl2775487d ago (Edited 5487d ago )

24 billion? ouch thats pretty bad.

I doubt it could be that much as RROD cost only $1 billion in total and that was for hardware fixing. Maybe that's if those people win that court case which I really doubt they will.

Anyone want to fill me in on where this huge figure came from?

Anarki5487d ago

Yeaaaaaaaaaa, 24billion? where do these people come up with this?

5487d ago Replies(1)
B1663r5487d ago

It is official!!! The PSN breach is greater than the Gulf of Mexico oil spill last year.

Wow, I knew it was bad, but I had no idea;P

hiredhelp5487d ago (Edited 5487d ago )

They just keep comming in.
Ohh so its a Bio of howard stringer. Very intresting but how that help psn servers get running again..

truegame5487d ago (Edited 5487d ago )

This is the same information and story that was approved so many times. $24B etc.. this site is a joke..

Were is the real gaming news (new games etc)

Don't forget to approve and put this on the front page also

http://www.pushsquare.com/2...

http://bitmob.com/articles/...

jdrman20075487d ago

Why does no one even bother to read the articles? I found this to be quite the interesting article as it touched on Sony as a whole and provided an short but informative bio of the man in charge, Howard Stringer. He has an amazing track record and I don't think Sony will lose out on 24bil, go extinct, or anything else these doomsayers are throwing out.

nevin15487d ago

$24 Billion? That can't be right.

I won't be shockd though if its ends up costing Sony that much.

But all this confirms online gaming won't be free on PS4.

clintos595487d ago

I use to love coming to this site for gaming news but lately the articles submitted have made this site turn into a laughing stock. I mean this article doesnt even show any proof but yet it will pass & it only makes this site a place for false information. Maybe ill submit an article that bin laden is still alive and is now a game tester lol. This site has become the site that spreads false information.

M-Easy5487d ago

If you say he's a tester for Sony & he owns the PS brand then it will get approved.

Bell Boy5487d ago

more like if you say he is the anon member who hacked PSN

80°

(For Southeast Asia) New Price Changes for PS5, PS5 Pro, and PlayStation Portal remote player

For Southeast Asia, new price changes.

Prices effective starting May 1st, 2026.

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blog.playstation.com
19d ago Replies(1)
BeHunted18d ago

Looks like PlayStation took a hit with Marathon and is now quietly adjusting prices worldwide to recover the losses

andy8518d ago

Lets be honest raising prices doesn't do that when no one's buying it. I imagine the profit it greater selling 10 times more at a lower price

Pergele18d ago

Whatever you say buddy, let's all wear the tinfoil hats.

IceKoldKilla18d ago (Edited 18d ago )

LMFAO Your comment alone says a lot more about you than anything else. When has one game not selling 10 million copies made a company raise the prices of their console? Then Xbox would be costing $5000 by now lol. You remind of the crazy drug addicts on the street rambling on about conspiracies. xD You sure you don't need a hug, buddy?

ChunkyMonk18d ago

One game that Sony payed $200 million for. lol
Also, you sure were quick to get triggered. Maybe your the one who needs a hug?

Eonjay17d ago

If nothing else, we should be united against the real issue here. AI and unnecessary tariffs that are effecting all gamers.

+ Show (1) more replyLast reply 17d ago
Athlon10118d ago (Edited 18d ago )

The price increases are due to the RAM demand associated with AI and the US-Iran war. You can look to any business news website and local news to see that. Heck, even the 2026 Asus Zenbook Duo I've been eyeing has faced delays and has had a price increase of $400; that laptop has two specs. Asus is doing a staggered release with per-orders for the lower spec now and shipping in May and pre-orders for the higher spec that I'm eyeing starting in June. Basically, all computer manufactures are affected. It'll most likely start affecting smart phones too if it hasn't already. I can't remember the last time any major console maker (Nintendo, Sony, Sega, etc) increased the price of their console mid cycle outside of Microsoft just to make more profit.

S2Killinit17d ago

Its not the war. Its the RAM issue.

jznrpg17d ago

War is causing gas prices to rise. Transport of everything requires gas so the prices of those items go up as well. So it does have an impact

Athlon10117d ago (Edited 17d ago )

The blockage of the Straight of Hormuz due to the US-Iran war has affected raw components used in semi-conductor manufacturing such as bromine, aluminum, and helium. Iran had attacked the liquified natural gas (LNG) plant in Qatar which is a large producer (1/3 globally) of helium which is used in semiconductor etching. So it's the both the war and the RAM crises.

badz14918d ago

Oh no...should I get the Pro now before the price increase?

80°

Former Xbox Exec Says Developers Didn't Want a Sony Monopoly

Former Xbox executive Ed Fries comments on the early days of Xbox, the opinion of Japanese game companies, and more.

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insider-gaming.com
31d ago Replies(2)
Reaper22_31d ago

I dont think that'll ever happen. But i must say back in the day, they were definitely trying because they were more cash rich than their competitors.

CosmicTurtle31d ago

I think MS were and still are the richer company. They tried to acquire Sega back in the day (and considered doing so again more recently), they obviously bought exclusivity to Halo which was originally shown as a Mac title. I don’t think as a company MS can claim the moral high ground here. It’s a wilful lack of self awareness.

Of course Sony would try exactly the same if they had the resources, but when the PS2 dominated the industry was in a much healthier place with an abundance of great third parties.

This has been a depressing generation as far as first party decisions are concerned. The fact we are debating business plans rather than which game is better is a sad reflection of the state of things.

Darkseeker31d ago (Edited 31d ago )

There was Nintendo as well, Sony wouldn't have had a monopoly. In fact, the world would be better today if Xbox never existed in the first place. They pretty much brought all bad practices we have today. We might have gotten all of it either way, but not this early. In term of franchises, I don't think there is anything Microsoft released that would actually be missed if it didn't exist. Even Halo the world wouldn't notice if Halo didn't exist.

S2Killinit31d ago

MS was definitely a bad influence on gaming.

raWfodog31d ago

I think almost everyone will agree that a monopoly is not good for the industry. But that being said, the competition needs to be smart and strategic with their business. Simply buying up publishers and traditional third-party studios just to keep them out of the other companies reach is not a sustainable practice. That goes for all parties so don't think I'm just referring to Xbox.

I'm no business guru by any stretch of the imagination but I firmly believe that the best way to drive consumers to your software and hardware is to invest smart in your first-party studios. Give them full support and guidance in making unique, fun games that are only available to play in your ecosystem and the gamers will come.

Reaper22_31d ago (Edited 31d ago )

But first party studios aren't enough. They only make up a small portion of the industry. Without 3rd party there would be no industry for Microsoft or sony.Developing games take time and money and sometimes you gotta make moves to stay competitive.

raWfodog31d ago

Nah, I never said first-party was enough. I said it’s the ‘best way’ to drive gamers to your platform. 3rd-party is a free-for-all and there’s no guarantee that gamers will use your hardware to play the game. If you want to push your own software and/or hardware you need first-party, or at least exclusive deals with third-party studios.

SimpleDad31d ago

They Shure did a great job... 25 years later Xbox is dead.

Reaper22_31d ago

Then why be so emotional and continue to talk about it. Xbox will never die be ause it stays in so many people's head.

lodossrage31d ago

How can you even see him being "emotional" in that comment?

If anything, you're the emotional one, constantly trying to go at anyone that says anything against Microsoft. So when you call him emotional, it comes off as deflection

Elda31d ago

I own an XBSX & I can say it's becoming irrelevant out of the 3 current consoles.

31d ago Replies(2)
Show all comments (34)
40°

Sony Shows Off 20 Minutes of Crimson Desert on a Base PS5

Sony uploaded gameplay footage of Crimson Desert on a base PS5 running in what appears to be Quality Mode at a stable 30fps at 4K.

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powerupgaming.co.uk
BlazedKong57d ago

looks god awful on the base systems