Lynton will give up his current position at Sony's movie and television unit on February 2 but remain as co-CEO for six months to help find a successor.
he network was crippled. Days before Thanksgiving, Sony Pictures employees had logged onto computers that flashed a grim message from a hacker group calling itself Guardians of Peace.
The U.S. government was not responsible for crippling North Korea's Internet infrastructure after President Barack Obama blamed the country for hacking Sony Pictures Entertainment, two senior U.S. officials told The Associated Press, as Congress announced it will examine North Korea's cyberthreats.
Sony Pictures Entertainment Chief Executive Michael Lynton said on Thursday the costs from the devastating cyberattack on the Hollywood studio will be completely covered by insurance.
Apparently, there is more to the story on how Snapchat rejected the $3 billion buyout offer from Facebook.