Tech Turmoil: Courts Hacked, Space IPO Soars & Tech Titans Tussle – Global Roundup (Aug 7–8, 2025)
Sony raised its full-year profit forecast to ¥1.33 trillion (~$9 billion) and cut tariff impact to ¥70 billion from ¥100 billion. Sony’s PlayStation division first-quarter PS5 sales rose to 2.5 million units, up 4%. SMIC’s Q2 revenue rose 16% to $2.2 billion, with net