13 Aug, 2026

Amidst the Disc-Drive Controversy… Sony Group CEO Sells 56.5% of His Shares

Sony Group CEO Hiroki Totoki ©SONY A filing with the U.S. Securities and Exchange Commission (SEC) has confirmed that Sony Group CEO Hiroki Totoki sold 225k shares of company stock. The transaction, valued at approximately $4.73 million (about ₩6.5 billion), has drawn significant attention from international gaming communities, particularly in light of recent policy changes […]

3 mins read

CEO admits Xbox sees three to 10 times lower margins than “comparable platform and publishing businesses” after Game Pass and multiplatform bets didn’t pay off

If all of last week felt like waiting for the other shoe to drop at Xbox, today feels like wading through the rubble from a 7.0 magnitude earthquake. Microsoft’s gaming division is officially undergoing its largest restructuring ever, which will result in the loss of 3,200 jobs by the end of the 2027 fiscal year. […]

4 mins read