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Sony’s PlayStation Chief to Retire Next Year

Sony’s PlayStation Chief to Retire Next Year

Jim Ryan, who leads Sony’s PlayStation video game console business, will retire next year, Sony said on Wednesday.Mr. Ryan joined Sony in 1994, and has held various executive positions at the company. He became the chief executive of Sony Interactive...

US FTC hits Amazon with antitrust lawsuit on e-commerce business

US FTC hits Amazon with antitrust lawsuit on e-commerce business

The US Federal Trade Commission (FTC) has filed a lawsuit against Amazon, alleging that the company has been engaging in a number of “interlocking anticompetitive and unfair strategies to illegally maintain its monopoly power.”In the complaint, the FTC and 17...