Feeds

Sony to become 'web department store'

Getting into e-banking too

  • alert
  • submit to reddit

Top three mobile application threats

More flesh was added yesterday to the bones of Sony's scheme to dominate the digital world, when company president Nobuyuki Idei announced plans to set up an Internet-based bank, the first stage in Sony's plan to become a "web department store". Watch out, Amazon et al.

"We are not simply trying to provide distribution networks," said Idei. "What we are aiming for is to become a department store that handles everything that can be distributed through our digital networks." Look a couple of years down the line and you can easily see Net users buying music, movies and software through their SonyPlayStation, downloading it through a Sony broadband link, playing it all on Sony consumer electronics kit, paying for it through a Sony bank account. At this rate, we'll all be working for Sony.

In addition to the PlayStation-based digital content distribution system, Sony earlier this month said it will begin selling music online on 22 December. Sony's e-bank is set to open its virtual doors within two years, Idei said in a newspaper interview.

Given Sony's aim to begin selling digital content and software via the met sometime in 2001 - this is part of its PlayStation 2 plan - it's likely the bank will debut at the same time. A Sony spokesman told Reuters it didn't rule out the acquisition of an existing bank to provide the basis for the online venture. "Discussions will take place over the coming months in order to provide the best service in the field of finance for individual customers in the net era," he said. ®

Related stories

Sony, Palm deal set to expand PalmOS horizons - and then some
PlayStation 3 to ship 2002
Sony preps satellite digital content delivery service
Sony puts PlayStation 2 at heart of Net strategy

3 Big data security analytics techniques

More from The Register

next story
Sorry London, Europe's top tech city is Munich
New 'Atlas of ICT Activity' finds innovation isn't happening at Silicon Roundabout
MtGox chief Karpelès refuses to come to US for g-men's grilling
Bitcoin baron says he needs another lawyer for FinCEN chat
Dropbox defends fantastically badly timed Condoleezza Rice appointment
'Nothing is going to change with Dr. Rice's appointment,' file sharer promises
Audio fans, prepare yourself for the Second Coming ... of Blu-ray
High Fidelity Pure Audio – is this what your ears have been waiting for?
Did a date calculation bug just cost hard-up Co-op Bank £110m?
And just when Brit banking org needs £400m to stay afloat
Zucker punched: Google gobbles Facebook-wooed Titan Aerospace
Up, up and away in my beautiful balloon flying broadband-bot
Apple DOMINATES the Valley, rakes in more profit than Google, HP, Intel, Cisco COMBINED
Cook & Co. also pay more taxes than those four worthies PLUS eBay and Oracle
prev story

Whitepapers

Designing a defence for mobile apps
In this whitepaper learn the various considerations for defending mobile applications; from the mobile application architecture itself to the myriad testing technologies needed to properly assess mobile applications risk.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
Five 3D headsets to be won!
We were so impressed by the Durovis Dive headset we’ve asked the company to give some away to Reg readers.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Securing web applications made simple and scalable
In this whitepaper learn how automated security testing can provide a simple and scalable way to protect your web applications.