• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’ 

2

Meet a 21-year-old community college student who's going to China as the first American woman welder in the trades Olympics

3

The Bezos family just donated $100 million to help achieve one of Mayor Zohran Mamdani’s top campaign promises

1

Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’ 

2

Meet a 21-year-old community college student who's going to China as the first American woman welder in the trades Olympics

3

The Bezos family just donated $100 million to help achieve one of Mayor Zohran Mamdani’s top campaign promises
TechData Sheet

Data Sheet—Sony’s Comeback Kid Story Is One for the Ages

By
Aaron Pressman
Aaron Pressman
and
Adam Lashinsky
Adam Lashinsky
Down Arrow Button Icon
By
Aaron Pressman
Aaron Pressman
and
Adam Lashinsky
Adam Lashinsky
Down Arrow Button Icon
November 1, 2017, 9:06 AM ET

I’m a sucker for a fallen-idol turnaround story. The surprise record profits forecasted Tuesday by Sony counts as a comeback for the ages.

As Reuters explains, Sony predicts its profits will mark a peak for the first time since 1998, when its PlayStation first appeared and when its film unit struck gold with Men in Black. Like much of corporate Japan generally, Sony, its home country’s global champion, went into a multi-year tailspin. Sony’s problems were many: brutal competition for its once-dominant television group; being bested by Apple’s iPod, a humiliation for the Walkman pioneer; high-cost manufacturing in Japan; a failure to seize the music-streaming initiative despite years of trying.

Yet like Microsoft, Samsung, and IBM before it, Sony had enough stalwart businesses to keep fighting. Now a hit mobile game, an in-demand mobile sensor for smartphones, and its still-popular PlayStation console have driven Sony’s return.

Get Data Sheet, Fortune’s technology newsletter.

For all the (appropriate) emphasis on China’s growth and Silicon Valley’s innovation, it’s somehow reassuring to be reminded that Japan remains an economic powerhouse and that at least one of its marquee companies still has some tricks up its sleeve.

Happy November.

Adam Lashinsky
@adamlashinsky
adam_lashinsky@fortune.com

NEWSWORTHY

Bad blood. Representatives from Facebook, Google, and Twitter (though not their super famous CEOs) showed up for a U.S. Senate hearing on Wednesday and found themselves the targets of ire over the Russian election interference they helped facilitate. Sen. Al Franken was among the most forceful, going after Facebook at one point for not noticing political ads being paid for in rubles. “Those are two data points: American political ads and Russian money, rubles. How could you not connect those two dots?”

Wildest dreams. Cryptocurrency trading is about to get very real. The CME Group—which operates the Chicago Mercantile Exchange, the New York Mercantile Exchange, and other venues that trade a combined $1 quadrillion in face value of derivatives contracts a year—is getting into the game. The CME said on Tuesday that it would start trading bitcoin futures contracts before the end of the year. The cash-settled contracts will likely attract hoards of traditional investors, including large mutual and pension funds. The news helped push bitcoin to a new all-time high of more than $6,450.

Look what you made me do. Reviews of Apple's iPhone X poured out through out the day on Tuesday, as the company shook up its usual playbook for handing out pre-release devices. Many reviewers went to great lengths in an effort to trick the new Face ID unlocking feature. My favorite? Young triplet boys enlisted by Wall Street Journal tech columnist Joanna Stern (Spoiler alert: "We hacked it, we hacked it.")

Shake it off. Online education service Coursera's new CEO Jeff Maggioncalda is cleaning house. Just over four months into his tenure, the CEO let go about 40 people, or 13% of the company's staff. And Coursera's COO, CMO, CFO, and general counsel have been recently replaced, Recode reported.

I knew you were trouble. The man captured at the scene of the terror attack in New York City, Sayfullo Saipov, was a driver for Uber in New Jersey for the past six months, the company confirmed. Uber said it was horrified by the violence, which killed eight people, and would cooperate with authorities.

Blank space. Was it just a Halloween trick? Some Google Docs users found themselves locked out of their own documents for purportedly creating inappropriate content. Google said the snafu resulted from a coding error that was quickly corrected.

We are never ever getting back together. I dropped a word in yesterday's newsletter from the name of the firm that funded startup Recorded Future. It was Insight Venture Partners.

FOOD FOR THOUGHT

Artificial intelligence research is moving ahead on two levels. Private companies are spending untold sums to push the field forward, but an equally important effort is taking place more publicly in universities around the world. The clash of commerce and academia is tilting the field in one direction, however, as Ian Sample, science editor at The Guardian, investigates. Maja Pantic, a professor of affective and behavioral computing at Imperial College in London, tells Sample she is worried about a one-way brain drain from schools to tech companies:

Many of the best researchers move to Google, Amazon, Facebook, and Apple. “The creme de la creme of academia has been bought and that is worrying,” Pantic said. “If the companies don’t pay tax it’s a problem for the government. The government doesn’t get enough money to educate people, or to invest in academia. It’s a vicious circle.”

IN CASE YOU MISSED IT

Paul Manafort May Have Used 'bond007' as His Online Password By Jonathan Vanian

Apple Added a Crazy Amount of Market Value in October By Verne Kopytoff

AT&T Makes 'Final' Contract Offer to 20,000 Wireless Workers By Aaron Pressman

Facebook, Google, and Twitter Could’ve Prevented the Russian Ads. Why Didn’t They? By Vivek Wadhwa and Alex Salkever

What Qualcomm Chips Do and Why Apple Ditching Them Would Be Important By Aaron Pressman

Google Hangouts Makes Another Push Into Corporate Video Conferencing By Jonathan Vanian

On Free Speech and How It Protects Sex Traffickers By Ellen McGirt

BEFORE YOU GO

Will we all be killed by the eruption of a "super volcano" in Yellowstone National Park? Maybe not. NASA has a plan to save the world. Sounds like a great screenplay opportunity, too.

This edition of Data Sheet was curated by Aaron Pressman. Find past issues, and sign up for other Fortune newsletters.
About the Authors
By Aaron Pressman
See full bioRight Arrow Button Icon
By Adam Lashinsky
See full bioRight Arrow Button Icon

Latest in Tech

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Tech

elon
SuccessIPOs
SpaceX IPO targets $28.5 trillion total addressable market, mission to ‘make life multiplanetary’ and understand ‘true nature of the universe’
By Nick LichtenbergMay 20, 2026
47 minutes ago
Jensen Huang, chief executive officer of Nvidia
AINvidia
Nvidia gets tepid reaction to forecast, boosts investor rewards
By Ian King and BloombergMay 20, 2026
1 hour ago
SpaceX finally files IPO prospectus, reveals revenue is up–but losses are too
Big TechSpaceX
SpaceX finally files IPO prospectus, reveals revenue is up–but losses are too
By Allie GarfinkleMay 20, 2026
1 hour ago
Elon Musk sits with his fists together, looking up.
Commentaryspace
SpaceX will be worth trillions, but the space station that made it possible is worth even more — if we don’t squander it
By Tejpaul BhatiaMay 20, 2026
2 hours ago
Antler CEO Magnus Grimeland says Silicon Valley doesn’t have a monopoly on tech: ‘People can innovate from almost anywhere’
AsiaAsia Agenda
Antler CEO Magnus Grimeland says Silicon Valley doesn’t have a monopoly on tech: ‘People can innovate from almost anywhere’
By Angelica AngMay 20, 2026
2 hours ago
Clinical Psychologist Daniel Wendler
ConferencesWorkplace Innovation Summit
A ‘proudly autistic’ workplace expert says putting neurodivergent employees in a typical office is like dropping a polar bear in Austin, Texas
By Tristan BoveMay 20, 2026
3 hours ago

Most Popular

Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’ 
Workplace Culture
Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’ 
By Preston ForeMay 19, 2026
1 day ago
Meet a 21-year-old community college student who's going to China as the first American woman welder in the trades Olympics
Future of Work
Meet a 21-year-old community college student who's going to China as the first American woman welder in the trades Olympics
By Mike Householder and The Associated PressMay 17, 2026
3 days ago
The Bezos family just donated $100 million to help achieve one of Mayor Zohran Mamdani’s top campaign promises
Politics
The Bezos family just donated $100 million to help achieve one of Mayor Zohran Mamdani’s top campaign promises
By Jake AngeloMay 12, 2026
8 days ago
Current price of oil as of May 19, 2026
Personal Finance
Current price of oil as of May 19, 2026
By Joseph HostetlerMay 19, 2026
1 day ago
Spirit Airlines apologizes to all the Americans who can't afford any summer vacation flights as it shuts down
Travel & Leisure
Spirit Airlines apologizes to all the Americans who can't afford any summer vacation flights as it shuts down
By Rio Yamat and The Associated PressMay 18, 2026
2 days ago
Despite a $500 million net worth, Shaq just finished his fourth degree. He warns graduates: 'Your character will take you further than your resume'
Success
Despite a $500 million net worth, Shaq just finished his fourth degree. He warns graduates: 'Your character will take you further than your resume'
By Preston ForeMay 20, 2026
8 hours ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.