Sony is looking to add sports to movies, music and games as a new core pillar of its entertainment business, acquiring technology companies to help it create 3D content for the metaverse.
The Japanese company recently acquired all outstanding shares of Dutch startup Beyond Sports, which specializes in using 3D animation to produce content from actual sports games or match data. The purchase price has not been disclosed, but is believed to be around 5 billion to 10 billion yen ($35.36 million to $70.72 million).
Sony’s purchase of Beyond Sports was handled through U.K.-based Hawk-Eye Innovations, which develops camera systems that track the movement of balls in sporting events. Hawk-Eye was acquired by Sony in 2011.
Hawk-Eye’s technology has become invaluable to the sports world. Its camera systems are used in more than 20,000 sports games and matches every year, in more than 90 countries.
…continue reading
New banknotes put to the test
TV Asahi – Nov 22
The National Printing Bureau in Tokyo is testing whether supermarket cash registers, vending machines, ATMs, etc. can read new banknotes without problems ahead of issuance in 2024.
![](https://i2.ytimg.com/vi/bPautAhsuA0/mqdefault.jpg)
Japan retains stake in Russia’s Sakhalin 1 oil project
Japan Today – Nov 16
Japan has retained its stake in the Sakhalin 1 oil and gas project in eastern Russia, with a Japanese company receiving a 30 percent stake in a new Russian operator, Tass news agency reported Monday.
![](https://i2.ytimg.com/vi/2ASqnfFToeU/mqdefault.jpg)
Japan Q3 GDP shrinks as high inflation, weakening yen bite
investing.com – Nov 15
The Japanese economy unexpectedly shrank in the third quarter, preliminary data showed on Tuesday, as worsening inflation levels and further depreciation in the yen severely undercut economic growth in the country.
![](https://i2.ytimg.com/vi/S1LLsjUVMk8/mqdefault.jpg)
Toyota joins other Japan companies to make next-generation chips
Nikkei – Nov 11
Toyota Motor and around nine other Japanese companies will team up with the government to launch a new entity to develop and make next-generation semiconductors, Nikkei has learned, aiming to establish manufacturing processes by the late 2020s.
Business Page: 1 | 2 | 3 | 4 | 5 | 6 | 7