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#Kaz Hirai

Sony Hemorrhaging Money in 2011

The Tokyo company is posting losses for the fourth year in a row.

Sony announced its recent financial information and it doesn't look good. For the fourth year in a row Sony is in the red, and the company will post an annual loss of 2.9 billion dollars in March for 2011. Reuters is reporting that the loss is worse than expected.

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Netflix, Music Unlimited Confirmed For PlayStation Vita

Kaz Hirai announced the apps at CES 2012.

Tonight marked the beginning of CES 2012 with keynote speeches from various hardware developers. At Sony's conference, Sony Computer Entertainment President Kaz Hirai announced that Netflix and Music Unlimited are coming to the PlayStation Vita.

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