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Sony Corp (6758.T)

6758.T on Tokyo Stock Exchange

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Fri, Jun 14 2019

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Hedge fund Third Point calls on Sony to spin off semiconductor unit

Daniel Loeb's activist hedge fund Third Point LLC called on Sony Corp on Thursday to spin off its semiconductor business and sell off stakes in Sony Financial and other units, in order to position itself as a leading global entertainment company.

Hedge fund Third Point calls on Sony to spin off semiconductor unit

Daniel Loeb's activist hedge fund Third Point LLC called on Sony Corp on Thursday to spin off its semiconductor business and sell off stakes in Sony Financial and other units, in order to position itself as a leading global entertainment company.

UPDATE 3-Hedge fund Third Point calls on Sony to spin off semiconductor unit

* Sony shares rise (Adds Sony statement, fund manager, share price)

Hedge fund Third Point calls on Sony to spin off businesses

June 13 Daniel Loeb's activist hedge fund Third Point LLC called on Sony Corp on Thursday to spin off its entertainment and semiconductors businesses into separate companies, the second time in six years it has targeted the Japanese electronics maker.

Australia sues Sony for refusing refunds on faulty PlayStation games

SYDNEY Global video game company Sony Interactive Entertainment Europe Ltd broke Australian consumer law by telling customers they could not get a refund for faulty PlayStation games, Australia's consumer watchdog said in a lawsuit.

Australia sues Sony for refusing refunds on faulty PlayStation games

SYDNEY Global video game company Sony Interactive Entertainment Europe Ltd broke Australian consumer law by telling customers they could not get a refund for faulty PlayStation games, Australia's consumer watchdog said in a lawsuit.

UPDATE 1-Australia sues Sony for refusing refunds on faulty PlayStation games

* Australia consumer law lets people return faulty products (Adds quotes from regulator, details from lawsuit)

Sony sees smartphone business as indispensable, says CEO

TOKYO Sony Corp sees the smartphone business as indispensable to its brand portfolio, its CEO said, bucking calls from some investors that the Japanese electronics firm should scrap the money-losing business.

Sony sees smartphone business as indispensable, says CEO

TOKYO Sony Corp sees the smartphone business as indispensable to its brand portfolio, its CEO said, bucking calls from some investors that the Japanese electronics firm should scrap the money-losing business.

UPDATE 1-Sony sees smartphone business as indispensable, says CEO

* CEO confident of improving profitability at pictures unit (Adds quotes and details of Sony's business)

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