Sony to delay official submission of third quarter results after hacking

Sony Corp said it was delaying the official submission of its third-quarter results due to the massive cyberattack on Sony Pictures Entertainment, which debilitated network systems at the Hollywood studio. Sony said it will still hold a news conference on Feb. 4, the originally scheduled date of its results announcement, to give updated financial forecasts for the quarter. But the company said most financial and accounting applications at Sony Pictures will not be working until early February, and that it has asked financial regulators to extend the filing of its report to March 31 from Feb. 16. A report earlier this month revealed Sony CEO Kazuo Hirai has weathered a crisis over a cyberattack on its Hollywood studio and its controversial comedy “The Interview”, but his toughest moment may be just arriving as he prepares a new business revival plan. After failing to turn around the storied creator of the Walkman since taking the helm in April 2012, Hirai and his deputies are now open to options including sales and joint ventures for its money-losing TV and mobile phone operations, company officials familiar with the leadership’s thinking say, the report added. Reuters