Telecoms giant Ericsson is to sell its 50% stake in mobile phone maker Sony Ericsson to Sony for €1.05bn.

Shirley MacLaine will receive the American Film Institute's Life Achievement Award next year.

There was no makeshift memorial or candlelight vigil for Steve Jobs at the Apple Store in downtown Chicago. The news of his death, and then the tributes and condolences, were in news alerts, tweets and messages pulsing through the gadgets inside.

SONY’S tablet computers failed to excite reviewers, who criticised the pricing and quality of the devices, underscoring the battle Sony faces regaining its consumer electronics crown.

SONY CORP yesterday launched a music streaming service in a bid to boost sales of its consumer electronics and break Apple’s dominance of the online music business.

Hollywood star Michael Douglas is to be honoured with the American Film Institute (AFI)'s lifetime achievement award next summer - 18 years after his actor father Kirk was presented with the same accolade.

Sony executives today apologised for inconvenience caused by a massive global recall in laptop batteries, but said the problems were now fixed and that none of the company’s top leaders would resign over the recall.

Sony executives in Japan today apologised for a massive global recall in laptop batteries, but said the problems were now fixed and none of the company’s top leaders would resign over the recall.

Sony Corporation today said it will cut 10,000 jobs globally, slash the number of factories and cut costs by 200 billion yen (€1.46bn) in an ambitious restructuring bid to revive its stumbling electronics business.

Howard Stringer, the Welsh-born head of Sony’s US business, became the first foreigner to head the Japanese electronics and entertainment company today, underlining changes in Japan’s often insular business management.

Sony shareholders today approved Welsh-born Howard Stringer as the new chief executive, the first foreigner to head the Japanese electronics and entertainment company.

A cautious stock market finished the session mixed in the US today as a troubling top-level management shake-up at Boeing Co pressured blue chips, while technology shares saw strong buying.

A Welshman was today appointed chairman of Sony, marking the first time a foreigner will head a major Japanese electronics firm and comes as the company seeks to improve results at its faltering core electronics business.

Actor Robert De Niro is to be awarded the American Film Institute’s prestigious Life Achievement Award.