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Sony says massive hack cost the company $15 million

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Sony Corp. on Wednesday gave a figure for damages from the Sony Pictures hack: $15 million. The hack, which U.S. officials blamed on North Korea, became public in December when the Hollywood studio's computers were crippled and sensitive documents were posted online. The entertainment and electronics giant delayed the announcement of its earnings for the October-December quarter because the cyberattack affected its ability to compile its complete results in time. Sony issued new earnings forecasts for the fiscal year ending in March and said it was benefiting from strong sales of the PlayStation 4, other devices and network services. The company is forecasting a loss of 170 billion yen ($1.4 billion) for the fiscal year The company is forecasting a loss of 170 billion yen ($1.4 billion) for the fiscal year, an improvement from its earlier forecast of a 230 billion yen loss. The company reported a 40 billion yen loss last fiscal year. Sony has brought in new ...

The Interview and Kim Jong-un farce is no laughing matter

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I don't think it's a publicity stunt. I just think that a really bad film got lucky So it turns out that The Interview – the world’s most over-hyped movie since Ishtar – is a pile of poo… who’d have thunk it? I’m not a huge fan of Seth Rogen and James Franco at the best of times.  The idea that they might have somehow made a biting satirical comedy that both exposes and ridicules the hideous Pyongyang regime was the only laughable thing about the whole affair. I’m a total anti-conspiracy theorist type of guy. I can’t, however, stop thinking that, just possibly, the Sony HackingGate affair might just be the world’s greatest publicity stunt? There are queues round the block now to see this awful movie.  These defiant punters are showing Pyongyang that “nobody tells me what shit to see …” Meanwhile all Sony have to do is release some “embarrassing” stuff from in-house emails that allows them to say what they really think about their pampered stars...