25 years ago today on Slashdot...

Hemos linked to a site called Joystick101 describing the crowd camping out to buy the limited number of just-released PlayStation 2 consoles (and games). "500,000 lucky members of the American gaming public are sneaking a few minutes of playing Madden 2001, Tekken, or Ridge Racer V before school or work..." wrote Joystick101. That same day CmdrTaco posted reports PS2s were selling for over $1,000 on eBay. And then Timothy updated that post to note someone saw one selling for $5,000.

But there was a third PS2 link posted on October 26, 2000... Hemos wrote a post titled "The PS2 — A Betamax In the Making?" — linking to an article by Mark Pesce (co-inventor of VRML and, in 1993, an Apple consulting engineer). "Microsoft promises Xbox will deliver ten times the performance of the PS2," Pesce wrote, noting Microsoft had partnered with Intel and "upstart video-chip developer Nvidia": The strangest thing about this battle of giants is that Microsoft has become a champion of open standards, encouraging developers to write Xbox titles without requiring them to pay any licensing fees. In comparison, Sony charges a minimum of $25,000 for access to the documentation and technology of the PlayStation2, plus a hefty license fee on every game sold. In the video-game industry, the Big Three — Sony, Nintendo, and Sega — sell the hardware at a loss (the PS2 costs nearly the $300 it will retail for) and recover their investment in the stiff licensing fees paid by game developers for the "key" that allows their software to work on Sony's platform...

Having committed an astounding $500 million to market the Xbox next Christmas, it's clear that Microsoft doesn't mind taking a short-term loss to ensure an eventual win. If Sony's not careful, this could turn into "Betamax, the Sequel." Twenty years ago, Sony tightly controlled the titles made available for its technically superior videocassette player — specifically, no adult content — and found themselves quickly locked out of an incredibly lucrative market for adult and family content. If Sony keeps a tight grip on the PS2, they may actually help Microsoft create the new VHS. But even if Sony loses this round (and no one wants to wager which way this battle will turn), they've already set their sights on the PlayStation3, to be released five years from now. Sony promises it will be a thousand times faster than the PS2.
Ironically, Pesce's warning about possible threats to the PS2's longevity was published by online magazine Feed-- which seven months later went out of business.

And this week it was announced that even Microsoft's Halo Campaign Evolved will now be coming to PlayStation 5, with Slashdot publishing six PlayStation-related stories in just the last three months in 2025.

Thanks to long-time Slashdot reader crunchy_one for suggesting a "25 Years Ago" Slashdot post.

Microsoft has set a 30% profit margin goal for its Xbox gaming division, Bloomberg reported Thursday, well above the video game industry's average of 17% to 22%. The target, implemented in fall 2023 by CFO Amy Hood, represents a sharp departure from Xbox's previous approach of allowing developers to focus on making quality games without specific financial constraints. Xbox historically maintained profit margins between 10% and 20% and reported a 12% margin for the first nine months of Microsoft's 2022 fiscal year.

The division has responded by canceling several projects that had been in development for more than seven years, including Everwild, Perfect Dark and Project Blackbird. It has also eliminated thousands of jobs and raised prices. In 2024, Xbox began releasing most of its games on rival Nintendo and Sony platforms. The heightened scrutiny comes as Microsoft prioritizes investment in generative AI while overseeing a gaming division that has struggled despite spending $76.5 billion on acquisitions.

An anonymous reader shared this report from Cryptonews: Sony has taken Wall Street by surprise after its banking division, Sony Bank, filed an application with the U.S. Office of the Comptroller of the Currency (OCC) to establish a national crypto bank under its subsidiary "Connectia Trust." The move positions the Japanese tech giant to become one of the first major global corporations to issue a U.S. dollar-backed stablecoin through a federally regulated institution. The application outlines plans to issue a U.S. dollar-pegged stablecoin, maintain the reserve assets backing it, and provide digital asset custody and management services.

The filing places Sony alongside an elite list of firms, including Coinbase, Circle, Paxos, Stripe, and Ripple, currently awaiting OCC approval to operate as national digital banks. If approved, Sony would become the first major global technology company to receive a U.S. bank charter specifically tied to stablecoin issuance....
The Office of the Comptroller of the Currency "has received over 15 applications from fintech and crypto entities seeking trust charters," according to the article, calling it "a sign of renewed regulatory openness" under the office's new chief, a former blockchain executive.

Meanwhile, the United States has also "conditionally given the nod to a new cryptocurrency-focused national bank launched by California tech billionaire Palmer Luckey," reports SFGate: To bring the bank to life, Luckey joined forces with JoeLonsdale, co-founder of Palantir and venture firm 8VC, and financial backer and fellow Palantir co-founder Peter Thiel, according to the Financial Times. Luckey conceived the idea for Erebor following the collapse of the Silicon Valley Bank in 2023, the Financial Times reported. The bank's name draws inspiration from J.R.R. Tolkien's "The Hobbit," referring to another name for the Lonely Mountain in the novel...

The OCC said it applied the "same rigorous review and standards" used in all charter applications. The ["preliminary"] approval was granted in just four months; however, compliance and security checks are expected to take several more months before the new bank can open.
"I am committed to a dynamic and diverse federal banking system," America's Comptroller of the Currency said Wednesday, "and our decision today is a first but important step in living up to that commitment."

"Permissible digital asset activities, like any other legally permissible banking activity, have a place in the federal banking system if conducted in a safe and sound manner. The OCC will continue to provide a path for innovative approaches to financial services to ensure a strong, diverse financial system that remains relevant over time."

Spotify has officially partnered with major record labels to create a "responsible AI" initiative aimed at developing generative music tools that supposedly benefit both artists and fans. While Spotify promises choice, transparency, and fair compensation, the vague announcement has many skeptics wondering if "responsible AI" is just another remix of old industry power plays set to a new algorithmic beat. The Verge reports: Spotify didn't detail any specific products in the works but said it was building a "state-of-the-art generative AI research lab and product team focused on developing technologies that reflect our principles and create breakthrough experiences for fans and artists." Most of the press release is dedicated to vagaries and laying out the principles that will guide Spotify's generative AI projects: [partnerships with record labels, distributors, and music publishers; choice in participation; fair compensation and new revenue; and artist-fan connection.]

An anonymous reader quotes a report from Ars Technica: Record labels Sony, Warner, and Universal yesterday asked the Supreme Court to help it boot pirates off the Internet. Sony and the other labels filed their brief (PDF) in Cox Communications v. Sony Music Entertainment, a case involving the cable Internet service provider that rebuffed labels' demands for mass terminations of broadband subscribers accused of repeat copyright infringement. The Supreme Court's eventual decision in the case may determine whether Internet service providers must terminate the accounts of alleged pirates in order to avoid massive financial liability.

Cox has argued (PDF) that copyright-infringement notices -- which are generated by bots and flag users based on their IP addresses -- sent by record labels are unreliable. Cox said ISPs can't verify whether the notices are accurate and that terminating an account would punish every user in a household where only one person may have illegally downloaded copyrighted files. Record labels urged the Supreme Court to reject this argument.

"While Cox waxes poetic about the centrality of Internet access to modern life, it neglects to mention that it had no qualms about terminating 619,711 subscribers for nonpayment over the same period that it terminated just 32 for serial copyright abuse," the labels' brief said. "And while Cox stokes fears of innocent grandmothers and hospitals being tossed off the Internet for someone else's infringement, Cox put on zero evidence that any subscriber here fit that bill. By its own admission, the subscribers here were 'habitual offenders' Cox chose to retain because, unlike the vast multitude cut off for late payment, they contributed to Cox's bottom line." Record labels were referring to a portion of Cox's brief that said, "Grandma will be thrown off the Internet because Junior illegally downloaded a few songs on a visit."

Sony and AMD are collaborating on new GPU technologies for the next-generation PlayStation (likely the PS6), introducing innovations like Radiance Cores for advanced ray tracing and "Universal Compression" for improved performance and efficiency. The Verge reports: Sony's next console (presumably the PS6) is coming in "a few years time," according to someone who I'd believe to make that claim. Mark Cerny, lead architect on the PS5 and PS5 Pro, joined Jack Huynh, SVP and GM of AMD's computing and graphics group, in a YouTube video wherein the pair spend nine minutes going through some very specific, co-developed advancements in graphics technology that will come to the next console. But the pair cautioned that the technologies are still in "every early days" and "only exist in simulation right now."

Much of it boils down to how the companies are working to make it easier for future GPUs to handle graphics upscaling, ray tracing, and the super-intensive path tracing techniques used to make game worlds look more realistic. Cerny says "the current approach has reached its limit," so Sony is working with AMD to integrate components of its next-gen RDNA architecture in future consoles. AMD's Huynh introduced Radiance Cores (similar in theory to Nvidia's RT Cores) that are dedicated to handling ray tracing and path tracing. In addition to Sony's new consoles having the new cores, they will almost certainly be built into AMD's future desktop GPUs, too, and likely within whatever it's assisting with in its Xbox partnership.

Android Authority notes the start of a new trend we're seeing in some new smartphones: devices shipping without USB cables. It follows the earlier industry shift away from bundled charging bricks, which Apple started back in 2020 with the launch of the iPhone 12. While manufacturers cite environmental benefits, "the main driver behind these decisions for companies like Apple and Sony is, of course, profit," writes Android Authority's Taylor Kerns. From the report: Now, it looks like we may be in for a similar shift with bundled USB cables. As shared on the Linus Tech Tips subreddit, user Brick_Fish's recently purchased Sony Xperia 10 VII came without a charger or a charging cable. In a photo included with the post, you can see iconography on the back of the phone's box that spells out these omissions. Sony's not really a major player in the smartphone space these days, but this seems like the type of trend we should expect to see gain traction over the next couple of years. [...]

Apple actually beat Sony to the punch here, in a way. The company's latest earbuds, the AirPods 4 and AirPods Pro 3, both ditched bundled USB cables, as well. Still, Sony's the first manufacturer I've heard of to omit charging cables with its smartphones.

Samsung, Hisense, TCL and Sony presented RGB LED TVs at IFA in Berlin last month. The technology replaces each standard LED backlight with a trio of red, green and blue LEDs to expand the range of colors a screen can display. Each manufacturer is using different name for the technology: Hisense has called it RGB-MiniLED, Samsung named it Micro RGB, Sony introduced Sony RGB Technology, and TCL branded it RGB Micro LED. The companies previously tried other monikers at CES.

Avi Greengart of Techsponential told PCMag the difference in color fidelity was not subtle when he viewed Samsung's version. PCMag found the Hisense 116UX the brightest TV with the widest color range he had evaluated. Both the 116-inch Hisense and Samsung's 115-inch model list at $30,000. TCL introduced RGB sets in China at prices starting at the equivalent of $1,150 for a 65-inch model. Greengart cautioned that it remained unclear whether the technology would rapidly decline in price or stay expensive like MicroLED.

Sony has quietly introduced a revised PlayStation 5 Digital Edition that reduces internal storage from 1TB to 825GB while maintaining the same 499 Euro ($590) price point. The CFI-2116 revision has appeared on Amazon listings across Italy, Germany, Spain and France without official announcement from Sony.

The storage downgrade returns the console to its original 825GB capacity last seen in the launch PlayStation 5 before the Slim models increased storage to 1TB. Users lose approximately 175 of usable space in the new revision. Amazon Germany lists October 23 as the delivery date for units already available for purchase. The change affects only the Digital Edition while the disc version remains unchanged at 1TB. The revision follows Sony's September price increase of $50 across PlayStation 5 models citing economic conditions.

The Internet Archive has reached a confidential settlement with Universal Music Group and other major labels, "ending a closely watched copyright battle over the nonprofit's effort to digitize and stream historic recordings," reports the San Francisco Chronicle. From the report: The case (PDF), UMG Recordings, Inc. v. Internet Archive, targeted the Archive's Great 78 Project, an initiative to digitize more than 400,000 fragile shellac records from the early 20th century. The collection includes music by artists such as Frank Sinatra, Ella Fitzgerald and Billie Holiday, and has been made available online for free public access. Record labels including Universal, Sony Music Entertainment and Capitol Records had sought $621 million in damages, arguing the Archive's streaming of these recordings constituted copyright infringement.

The Internet Archive, based in San Francisco's Richmond District, describes itself as a digital library dedicated to providing "universal access to all knowledge." Its director of library services, Chris Freeland, acknowledged the settlement in a brief statement. "The parties have reached a confidential resolution of all claims and will have no further public comment on this matter," he wrote.

Panasonic's market value has remained flat at approximately $25 billion over the past decade while rivals Hitachi, Sony and NEC have increased their valuations sixfold during the same period. The Osaka-based conglomerate announced a restructuring plan in May 2025 to eliminate 10,000 positions and streamline operations across its six operating companies and hundreds of product lines. The company generates $57 billion in annual revenue and maintains dominant positions in several markets. Financial Times reports: Within Panasonic's six operating companies and hundreds of product lines are industrial technology gems. The company supplies 70 per cent of the world's in-flight entertainment systems, its facial recognition technology is being used to measure brain health, and its EV battery plants are among the world's most efficient, according to auto industry insiders. Panasonic chief said in January that AI-driven hardware and software solutions would constitute 30% of revenues by 2035, compared to approximately 10% currently. But Goldman Sachs analyst Ryo Harada wrote recently that investors are seeking a growth strategy beyond the announced reforms.

"I have no musical talent at all," says Oliver McCann. "I can't sing, I can't play instruments, and I have no musical background at all!"

But the Associated Press describes 37-year-old McCann as a British "AI music creator" — and last month McCann signed with an independent record label "after one of his tracks racked up 3 million streams, in what's billed as the first time a music label has inked a contract with an AI music creator." McCann is an example of how ChatGPT-style AI song generation tools like Suno and Udio have spawned a wave of synthetic music, a movement most notably highlighted by a fictitious group, Velvet Sundown, that went viral even though all its songs, lyrics and album art were created by AI. Experts say generative AI is set to transform the music world. However, there are scant details, so far, on how it's impacting the $29.6 billion global recorded music market, which includes about $20 billion from streaming.

The most reliable figures come from music streaming service Deezer, which estimates that 18% of songs uploaded to its platform every day are purely AI generated, though they only account for a tiny amount of total streams, hinting that few people are actually listening. Other, bigger streaming platforms like Spotify haven't released any figures on AI music... "It's a total boom. It's a tsunami," said Josh Antonuccio, director of Ohio University's School of Media Arts and Studies. The amount of AI generated music "is just going to only exponentially increase" as young people grow up with AI and become more comfortable with it, he said. [Antonuccio says later the cost of making a hit record "just keeps winnowing down from a major studio to a laptop to a bedroom. And now it's like a text prompt — several text prompts." Though there's a lack of legal clarity over copyright issues.]

Generative AI, with its ability to spit out seemingly unique content, has divided the music world, with musicians and industry groups complaining that recorded works are being exploited to train AI models that power song generation tools... Three major record companies, Sony Music Entertainment, Universal Music Group and Warner Records, filed lawsuits last year against Suno and Udio for copyright infringement. In June, the two sides also reportedly entered negotiations that could go beyond settling the lawsuits and set rules for how artists are paid when AI is used to remix their songs.

GEMA, a German royalty collection society, has sued Suno, accusing it of generating music similar to songs like "Mambo No. 5" by Lou Bega and "Forever Young" by Alphaville. More than 1,000 musicians, including Kate Bush, Annie Lennox and Damon Albarn, released a silent album to protest proposed changes to U.K. laws on AI they fear would erode their creative control.

Meanwhile, other artists, such as will.i.am, Timbaland and Imogen Heap, have embraced the technology. Some users say the debate is just a rehash of old arguments about once-new technology that eventually became widely used, such as AutoTune, drum machines and synthesizers.

ArsTechnica: Today's video game consoles are hundreds of dollars more expensive than you'd expect based on historic pricing trends. That's according to an Ars Technica analysis of decades of pricing data and price-cut timing across dozens of major US console releases.

The overall direction of this trend has been apparent to industry watchers for a while now. Nintendo, Sony, and Microsoft have failed to cut their console prices in recent years and have instead been increasing the nominal MSRP for many current consoles in the past six months.

But when you crunch the numbers, it's pretty incredible just how much today's console prices defy historic expectations, even when you account for higher-than-normal inflation in recent years. If today's consoles were seeing anything like what used to be standard price cuts over time, we could be paying around $200 today for pricey systems like the Switch OLED, PS5 Digital Edition, and Xbox Series S.

Sony will increase PlayStation 5 console prices by $50 across all models in the United States starting August 21. The standard PS5 rises to $550, the Digital Edition to $500, and the PS5 Pro to $750. The company cited navigating a challenging economic environment for the increases.

Former Sony Worldwide Studios chairman Shawn Layden criticized subscription gaming services like Xbox Game Pass, arguing that developers working under such models become "wage slaves." Speaking in a recent industry discussion, Layden contended that subscription services prevent developers from traditional profit-sharing arrangements.

"They're not creating value, putting it in the marketplace, hoping it explodes, and profit sharing, and overages, and all that nice stuff," Layden said. "It's just, 'You pay me X dollars an hour, I built you a game, here, go put it on your servers.'" He called the model uninspiring for game developers.

Despite dwindling global market share, retreat from key regions like Europe, and halting in-house production, Sony insists its Xperia smartphone line remains "very important" to its business. 9to5Google reports: During Sony's latest financial results presentation this week, Sony CFO Lin Tao addressed the state of its Xperia smartphone brand, saying that Xperia is part of "a very important business for us" as reported by CNET Japan (translated). Tao said that "communication technology is a very important technology that Sony has cultivated for a long time. We also want to continue to value our smartphone business." Though adding that "communication technology is used in areas other than smartphones."

Major video game publishers have abandoned plans to sell new releases at $80 after initially signaling support for the elevated price point earlier this year, according to Bloomberg. Microsoft reversed course in late July, announcing The Outer Worlds 2 and other holiday titles including Call of Duty will sell for $70 instead of the previously planned $80.

Take-Two Interactive's Borderlands 4 and Sony's Ghost of Yotei were also priced at $70 after initial $80 expectations. Electronic Arts said it will not adjust prices for the near future, with the upcoming Battlefield 6 selling for $70. Production costs have grown tenfold over the past decade while sales have not increased proportionally.

Sony has filed a lawsuit in California court against Tencent, alleging the Chinese company's upcoming game Light of Motiram constitutes a "slavish clone" of Sony's Horizon series.

The complaint details extensive similarities between the games, from post-apocalyptic robot dinosaur settings to red-haired female protagonists. Tencent had approached Sony for licensing deals in 2024, which Sony rejected twice.

An anonymous reader shares a report: Sony is testing a Power Saver mode for the PlayStation 5, explaining in a new PlayStation Blog update that the option will permit games to run with lower power consumption. While the upcoming feature was revealed as part of the system update beta, the feature will not be available during the beta phase. However, when the feature does hit your console, players will gain access to a new option called Power Saver.

With Power Saver enabled, "supported PS5 games will scale back performance and will allow your PS5 to reduce its power consumption," explained Shuzo Kikuchi, VP of product management at Sony Interactive Entertainment. "If not enabled, or if games do not support the feature, the performance will not be scaled back and power consumption will not be reduced."

As for what scaled-back performance actually means, SIE indicates that VR mode will be unavailable and that "some gameplay features may be limited." So that's one very clear change, and one vague, game-specific change.

Sony removed the tiltable screen from its new RX1R III full-frame compact camera to maintain similar dimensions to the previous model, despite adding numerous new features and charging $5,100 for the device, The Verge reports.

The company increased the camera's size by only 2.5mm in height and 15.5mm in depth while incorporating the high-resolution sensor from the A7R V, Sony's latest autofocus tracking system, a longer-lasting battery, and a proper electronic viewfinder. Sony integrated the top dials and hot shoe into the body for a sleeker appearance. The camera's compact design prevents the inclusion of lens or sensor-based image stabilization. The Verge points out that Leica also added a tilt screen to its Q3 model after users requested the feature, despite the design compromise required.