Sony Making Play For Its PS3 Console (Investor's Business Daily)

Investor's Business Daily - More than two years into the current video game hardware cycle, Sony finds itself in the unusual position of third place behind rivals Microsoft and Nintendo.

Sony PS3 catching up to Wii in Japanese sales (Reuters)

Reuters - Nintendo Co Ltd's (7974.OS) Wii game console once again outsold Sony Corp's (6758.T) PlayStation 3 in Japan in June, but its lead is fading, a game magazine publisher said.

Japan: PS3 Catches Up to Wii, Xbox 360 on Life Support

In Japan, the Wii's lead over the PS3 shrank from six-to-one in May to just one-point-seven-to-one in June, according to Japanese magazine publisher Enterbrain. According to the publisher, Nintendo sold 235,990 Wii in a five week period ending June...

Sony Slashes $100 From Price of 80GB PlayStation 3 (NewsFactor)

NewsFactor - On the heels of Microsoft's $50 price cut for the Xbox 360, Sony has announced a price cut of $100 for its 80GB flagship PlayStation 3 and said it is dropping the 40GB version of the PS3.

Sony beefs up PS3 media ability (Reuters)

Reuters - Sony Corp (6758.T) said it would rent and sell movies and TV shows over the Internet for its PlayStation 3 video game console and double the hard drive capacity of its main PS3 model in a bid to better compete with Microsoft Corp and Nintendo Co Ltd (7974.OS).

Sony announces further delays to its PS3 virtual universe (AFP)

AFP - Sony's game unit said Tuesday it was delaying for the second time the launch of an online virtual universe for the PlayStation 3 because the service needs further development.