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Sony Plans $3 Billion IPO for Financial Unit; Possible Download Store

Authored by Mark Hefflinger on September 4, 2007 - 9:38am.

Tokyo - Sony announced on Tuesday that it plans a $3 billion initial public offering for its financial unit on the Tokyo Stock Exchange, Reuters reported.

Sony Abandons Connect Music Store; Brings Video Walkman to U.S.

Authored by Mark Hefflinger on August 30, 2007 - 9:14am.

Tokyo - Sony plans to shutter its Connect digital music service in North America and Europe next year, and end its portable players' reliance on the company's proprietary ATRAC file format.

tags: Video | Music | Sony | MP3 | Walkman | WMA | Connect | ATRAC |

Survey: Half of U.S. Hispanics Now Connect Via Broadband

Authored by Mark Hefflinger on July 18, 2005 - 9:31am.
Dulles, Va. -- About half of all U.S. Hispanics with Internet access now connect through broadband at home, according to a new survey by America Online. The number is on par with that of the general online population, despite the fact that Hispanics are "relatively newer to the Internet," according to AOL. Hispanics go online at home an average of 9.2 hours a week, almost an hour more than the general online population, and 70% view the Internet as the best source for comparing prices. Hispanic consumers also are younger, as well as heavier users of Internet features such as music downloading and instant messaging.