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Sony made the announcement that CEO Howard Stringer would be doing double duty for the company and become the president of Sony, taking current president Ryoji Chubachi’s place.
Chubachi will become vice chairman.
Shares of Sony rose 1.3%. Nikko Citigroup even raised Sony’s rating from “buy/high risk” …

Ritz, the owners of not only Ritz cameras, but Wolf, Inkleys, and Kits cameras has filed for bankruptcy.
While this company has been known by its un-friendly consumerism, it has also been able to provide cheaper prices for the same devices as other websites. Cameras such …

Circuit City is going out of business, all the stores owned in the United States are liquidating. That used to mean that good deals could be found around the store…it used to anyway.
Now it means that the liquidator can mark up the price to discount …

After yesterday’s disappointing Macworld event, many have their eyes focused on Vegas and the CES.
Some big names in consumer electronics made their press conferences today at the show. Names like LG and Samsung, as well as Cisco.
But tonight’s Sony event was probably one of the …

There was a time when Sony was on the edge of technological advancements. Since then, it has fallen behind. Apple has become the new “cutting edge” brand. Even one former Sony executive said, “Apple is the Sony of the 21st century.” In an attempt …