It's unclear whether or not Sony is still selling the PlayStation 5 console at a profit, or whether or not the console will be completely profitable throughout the current Fiscal Year 2023 timeline.

Sony's latest financial report indicates that PS5 profitability may be in jeopardy. The Games & Network Services' new revised operating income forecast indicates that the costs of console production may be outweighing sales by some degree.

In the report, Sony mentions that its flat 270 billion gaming operating income target (about $1.862 billion) is due in part to a "deterioration in profitability of PlayStation 5 hardware mainly due to changes in promotions by geographic region and the sales channel mix". It's unknown as to what extent PS5 profitability has been reduced, and whether or not the system is still sold at a profit.

Sony kicks off its new fiscal year with a new PlayStation 5 sales record.

Sony's latest Q1 Fiscal Year 2023 earnings report gives key updates on its gaming business, including hardware sales and overall revenues. The PlayStation 5 achieved its best-ever Q1 period by delivering 3.3 million shipments to all markets, bringing total cumulative lifetime shipments to 41.7 million.

The PS5 has yet to beat PS4 sales, with aligned shipments between the two systems tallying up to the PS5's shipments of 41.7 million against the PS4's sell-in of 43.7 million. Sony expects the PS5 to beat the PS4 in all relevant aligned metrics by the end of Fiscal Year 2023, including sales numbers.

Sony executive management explains the rationale behind the recent steep PlayStation 5 discounts.

A bit ago, Sony and multiple retailers decided to reduce the PlayStation 5's price tag by at least $50. This led to some pretty surprising deals with both consoles and accessories, with the base disc-based PlayStation 5 model selling for as low as $420.

Now in its latest Q1 Fiscal Year 2023 earnings report, Sony outlines the reasons for the sales. Apart from unconfirmed reports that a new PS5 model is believed to launch sometime this year, Sony Corp. essentially says that it hasn't sold as many PS5 consoles as it would have liked and the company is willing to take "necessary measures" to hit its lofty sales target of 25 million PS5s sold throughout the fiscal year.

With the passing of the late Lance Reddick in March, Bungie has chosen the perfect person to carry forward Commander Zavala's legacy.

The sudden passing of beloved actor Lance Reddick hit the entertainment world pretty hard, with millions of Destiny (and Fringe) fans mourning Reddick and celebrating his iconic performances. Reddick gave life to some of the most interesting and stoic characters including (but not limited to) Destiny's Commander Zavala, agent Broyles from Fringe, and Daniels from the Wire, and while his performances can't be replaced, Bungie has now announced who will be playing Zavala from here on out.

That choice is none other than Keith David, who has one of the most recognizable voices in entertainment history. David has lent his voice to countless shows and films, from HBO's older Spawn animated series to the 1990s to the Saints Row games and even Rick and Morty.

Video footage of Sony's new PlayStation 5 "slim" model has leaked out, showing a new console case redesign that accomodates the detachable drive.

We've seen multiple reports of a so-called PS5 slim pop up over recent months. Sources have told insider Tom Henderson that the new PlayStation 5 model will be a disc-less digital-only system by default--instead of having two PS5 models on the market, Sony wants to eliminate weight and streamline production efficiency with a singular PS5 model. Consumers would buy the base model at a certain price, and then buy a disc drive separately for an added fee.

Now we have reportedly leaked footage of this so-called PlayStation 5 slim (model number CFI-2016). Overall, it doesn't look all that much different than the existing models outside of a new segmented case redesign. The new PS5 features segmented base plates, presumably so that consumers can easily snap off the bottom part of the plate and easily attach a disc drive to the system.

Reports indicate that a federal judge has revoked Sam Bankman-Fried's bail after new information surfaced that alleges Bankman-Fried attempted to intimidate witnesses.

Sam Bankman-Fried (SBF), the founder of the now collapsed cryptocurrency exchange FTX, has been thrown behind bars, according to individuals present at his August 11 hearing in the United States District Court for the Southern District of New York.

Judge Lewis Kaplan ordered that SBF's $250 million bail be revoked, with reports indicating that Kaplan cited SBF's interviews with New York Times reporters where he revealed some information with the likely intention "to hurt or frighten" former Alameda Research CEO Caroline Ellison, SBF's former colleague, and girlfriend.

Elon Musk has given another update on the highly anticipated fight between him and Meta's CEO, Mark Zuckerberg.

The fight was first mentioned back in June when Musk challenged Zuckerberg to cage fight on what was called Twitter and is now called X. Zuckerberg accepted the fight, and since then, both billionaires have been going back and forth on their respective social media platforms.

After the fight was thrown into doubt by a comment by Zuckerberg and Musk's potential health problems that may result in surgery, the owner of X has said he's currently talking to the Italian culture minister Gennaro Sangiuliano.

A Microsoft cloud breach that resulted in China state-backed hackers breaking into U.S. government emails has led the Cyber Security Review Board to launch an investigation.

The Cyber Security Review Board (CSRB) announced on Friday that its investigation will look into cloud-based identity and authentication infrastructure, which will lead to a wider review of all potential and current problems.

This investigation was launched following U.S. government official email accounts being infiltrated by China state-backed hackers that gained access to U.S. Commerce Secretary Gina Raimondo's inbox, several other officials at the U.S. State Department, and officials at a few different government agencies.

A team of researchers have published a new study in the Proceedings of the National Academy of Sciences that details a genetic approach that has reversed deafness in mice.

According to reports, the team of researchers has been able to restore hearing abilities in the low and middle frequency ranges by repairing a defective Spns2gene. The researchers state that this proof-of-concept study suggests that it may be possible to reverse gene activity hearing loss in humans through this method. So, what did the researchers do? The team behind the study bred mice with an inactive Spns2gene, which were then given a special enzyme at different ages across their life.

The enzyme the mice were given was designed to activate the inactive Spns2gene, and according to the study's results, hearing improved for the mice. The scientists write that the hearing improvements were most prevalent when the mice were given the enzyme at a younger age, with the positive effects of the gene activation becoming less potent the older the mice.

Scientists around the world are analyzing Mars for any signs of past life, and now a new study has provided evidence that suggests Mars once had the right conditions for life to form.

A new paper published in the journal Nature has detailed findings from NASA's Curiosity rover that discovered a strange hexagonal pattern that is similar to the hexagonal patterns found in dried-out basins on Earth. This discovery shouldn't be understated as the press release states its the "first fossil evidence of a sustained, cyclical, regular Martian climate with dry and wet seasons."

So, why is this important? For life to have existed on Mars, the Red Planet needed to have the right environment that enables molecules to interact repeatedly at different concentrations. An example of how that works on Earth is through seasonal changes that impact the overall climate. The discovery of the hexagonal pattern indicates Mars once had seasonal changes or the right conditions for molecules to form complex organic compounds, which can lead to life.