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'All we can do is keep going at it, selling our Walkman, one at a time. Thirty years is a milestone for Sony. But we hope the Walkman won't be seen as just a piece of history.' When the Sony Walkman went on sale 30 years ago, it was shown off by a skateboarder to illustrate how the portable cassette-tape player delivered music on-the-go -- a totally innovative idea back in 1979. Today, Sony Corp. is struggling to reinvent itself and win back its reputation as a pioneer of razzle-dazzle gadgetry once exemplified in the Walkman, which this week had its 30th anniversary marked with a special display at Sony's corporate archives. The Japanese electronics and entertainment company lost 98.9 billion yen ($1.68-billion Canadian) in the fiscal year ended March - its first annual loss in 14 years - and is expecting more red ink this... [read full story]
RSS feeds from BusinessWeek.com Is the Fed creating new bubbles? President Barack Obama and Federal Reserve Chairman Ben S. Bernanke stand accused of blithely ignoring the risk of new asset bubbles and more economic mayhem. As...
Australian logistics company Toll Group is restructuring its business with the creation of three new divisions: Global Express; Domestic Forwarding and Specialised & Domestic Freight. The company has reshuffled its senior...
Posted Nov 23, 2009 08:59am EST by Joe Weisenthal in -- not usually the first publication you'd think of when it comes to calling for fiscal prudence -- sounds the alarm over the government's massive debt load. The premise is...
67 WALL STREET, New York - November 23, 2009 - The Wall Street Transcript has just published its TWST Investing Strategies Report offering a timely review of the sector to serious investors and industry executives. This 55 page...
