PlayStation head Jim Ryan is stepping down
Jim Ryan, president and CEO of Sony Interactive Entertainment, talks about the Playstation VR2 during a Sony news conference before the start of the CES tech show Wednesday, Jan. 4, 2023, in Las Vegas. Ryan will be retiring in March 2024 after 30 years in the PlayStation business. (AP Photo/John Locher)
NEW YORK -
PlayStation boss Jim Ryan is stepping down from the company, Sony announced Wednesday.
The Sony Interactive Entertainment President and CEO will be retiring in March 2024 after 30 years in the PlayStation business.
Sony Group Corporation president, COO and CFO Hiroki Totoki will assume the role of SIE chairman next month to “support” the transition, and will take over as interim CEO once Ryan retires.
Ryan joined SIE in 1994 and was appointed CEO in 2019. He had previously held senior positions at the company including president of SIE Europe, head of global sales and marketing at SIE and deputy president of SIE.
Ryan led the launch of the PlayStation 5, which the company said is PlayStation’s most successful platform.
“I’ve found it increasingly difficult to reconcile living in Europe and working in North America,” Ryan said in a statement. “I will leave having been privileged to work on products that have touched millions of lives across the world.”
Shopping Trends
The Shopping Trends team is independent of the journalists at CTV News. We may earn a commission when you use our links to shop. Read about us.
YOUR FINANCES
Here's how much more your Christmas dinner will cost this year
Celebrating with your family this December could come with increased expenses as data shows many traditional holiday foods are going up in price.
Canadians increasingly turning to charities to meet essential needs, but cost of living also hitting donations
Every Giving Tuesday, many Canadians generously dig into their wallets to donate to charities, but as the cost of living climbs, research suggests many Canadians are also in need of help.
What is the grocery code of conduct, and will it help to lower the cost of food?
Canada's grocery code of conduct is in the final stages with advocates saying it would help lower food prices while big grocers say it won't.
Poor Inuit housing 'direct result of colonialism': federal housing advocate
A federal housing advocate is accusing every level of government in Canada of failing to uphold the Inuit's right to housing -- and therefore denying their human rights.
Having financial problems? Don't get caught in debt relief scams
With inflation, rising interest rates, and higher costs for gas, groceries and housing, many Canadians are feeling the financial pinch and now personal bankruptcies are on the rise.
Do you tip at a restaurant like Chipotle? Here’s what a survey found
But the majority of Americans say they tip 15 per cent or less for a typical meal at a sit-down restaurant, according to a wide-ranging new poll on tipping attitudes from Pew Research Center. The poll surveyed nearly 12,000 people.
Loblaw raises the affordability alarm as grocery code of conduct nears completion
As the grocery code of conduct nears completion, the Canadian industry's biggest player is raising concerns the guidelines could add fuel to the food inflation fire.
Here's how much it costs to raise children in Canada, according to new statistics
A new report from Statistics Canada estimates how much parents will spend on children over the course of their lifetime.
CTVNews.ca Top Stories
BREAKING
BREAKING U.S. House expels New York Rep. George Santos. It's just the sixth expulsion in the chamber's history
The U.S. House voted Friday to expel GOP Rep. George Santos, a historic vote that will make the New York congressman the sixth lawmaker ever to be expelled from the chamber.
Suspect charged with 4 counts of second-degree murder in Winnipeg mass shooting
A suspect has been charged with four counts of second-degree murder in connection with the Langside homicide.
Alleged Montreal-area 'Chinese police stations' threaten to sue RCMP for $2.5 million
Two Chinese community centres in the Montreal area are threatening to launch a $2.5 million defamation lawsuit against the RCMP and the Attorney General of Canada after being accused by the police force of hosting 'alleged Chinese police stations.'
Lawsuits against Trump over Jan. 6 riot can move forward, appeals court says
Lawsuits against Donald Trump brought by Capitol Police officers and Democratic lawmakers over the U.S. Capitol riot, can move forward, a federal appeals court ruled on Friday.
Appeal rejected in case of man who had duffel bag with 100 lbs. of cannabis
In a ruling on Friday, the Supreme Court of Canada dismissed the appeal of a man who was found with 100 lbs. of cannabis near Banff in 2017.
'Dramatic' increases in younger Canadians' deaths contributed to our reduced life expectancy
Amid a declining life expectancy across the country, new national data released this week show that years on from the beginning of the pandemic, COVID-19 and the opioid crisis have had lasting impacts on life and death in Canada.
Unemployment rate rises to 5.8% in November as job market continues to cave
Canada's unemployment rate ticked up to 5.8 per cent last month, as high interest rates weigh on job creation at a time when the country's population is growing rapidly.
'Last-minute' amendment to Quebec health bill would allow agency to revoke right to English service
A new amendment to Quebec's mammoth health-care bill would allow the new Sante Quebec agency to revoke a hospital's ability to offer services in English, which is raising concerns from anglophones.
Jaw-dropping video shows collapse at Coquitlam, B.C., construction site
Emergency work is underway after a collapse at a Coquitlam, B.C., construction site that was caught on camera this week.
Canada
-
Suspect charged with 4 counts of second-degree murder in Winnipeg mass shooting
A suspect has been charged with four counts of second-degree murder in connection with the Langside homicide.
-
'Last-minute' amendment to Quebec health bill would allow agency to revoke right to English service
A new amendment to Quebec's mammoth health-care bill would allow the new Sante Quebec agency to revoke a hospital's ability to offer services in English, which is raising concerns from anglophones.
-
Unemployment rate rises to 5.8% in November as job market continues to cave
Canada's unemployment rate ticked up to 5.8 per cent last month, as high interest rates weigh on job creation at a time when the country's population is growing rapidly.
-
Alleged Montreal-area 'Chinese police stations' threaten to sue RCMP for $2.5 million
Two Chinese community centres in the Montreal area are threatening to launch a $2.5 million defamation lawsuit against the RCMP and the Attorney General of Canada after being accused by the police force of hosting 'alleged Chinese police stations.'
-
Ontario real estate law update with open bidding option enters into force
New rules for Ontario real estate are coming into force that are meant to provide more clarity and choice for buyers and sellers, though they don't go as far as some had hoped.
-
26 men arrested in 'large-scale' child pornography investigation in Quebec, Ontario and New Brunswick
Quebec provincial police say 26 men have been arrested in a massive internet child pornography operation that spanned three provinces and involved hundreds of police officers.
World
-
BREAKING
BREAKING U.S. House expels New York Rep. George Santos. It's just the sixth expulsion in the chamber's history
The U.S. House voted Friday to expel GOP Rep. George Santos, a historic vote that will make the New York congressman the sixth lawmaker ever to be expelled from the chamber.
-
Lawsuits against Trump over Jan. 6 riot can move forward, appeals court says
Lawsuits against Donald Trump brought by Capitol Police officers and Democratic lawmakers over the U.S. Capitol riot, can move forward, a federal appeals court ruled on Friday.
-
Madagascar's top court ratifies president's reelection in vote boycotted by opposition
Madagascar's top court on Friday ratified the victory of incumbent President Andry Rajoelina in last month's election, giving him a third term as leader following a boycott of the vote by opposition candidates.
-
11 civilians are killed in an attack by gunmen in Iraq's eastern Diyala province
Eleven people were killed in an attack by a group armed with explosives and guns in eastern Iraq, security officials said Friday.
-
Israeli airstrikes on Gaza resume after weeklong truce with Hamas ends
Israel's war with Hamas erupted again Friday, as airstrikes hit houses and buildings in the Gaza Strip minutes after a weeklong truce expired.
-
The resumption of the Israel-Hamas war casts long shadow over Dubai's COP28 climate talks
As world leaders gathered for the COP28 climate summit in Dubai, the collapse of a ceasefire in the Israel-Hamas war Friday plunged the conflict back into open combat and cast a long shadow over the talks.
Politics
-
CSIS whistleblower hopes they 'lit a match' with allegations of rape and harassment
A CSIS officer who is among a group of whistleblowers raising allegations of sexual assault and harassment in the spy agency's British Columbia office says she hopes their actions have 'lit a match' to change what she calls a 'dark and disturbing place.'
-
'The only choice': Defence Department going with Boeing to replace aging Aurora fleet
The federal government is buying at least 14 Boeing surveillance planes from the United States to replace the aging CP-140 Aurora fleet, cabinet ministers announced Thursday. The deal costs more than $10.3 billion in total, including US$5.9 billion for the jets themselves, and the planes are expected to be delivered in 2026 and 2027.
-
Housing reality check: Canada behind on building housing for marginalized communities, advocates say
The federal government has spent about half of the $82.5 billion in its national housing strategy funding and has now spent all of its funds that it had set aside to build low-income rental units for vulnerable people.
Health
-
'Dramatic' increases in younger Canadians' deaths contributed to our reduced life expectancy
Amid a declining life expectancy across the country, new national data released this week show that years on from the beginning of the pandemic, COVID-19 and the opioid crisis have had lasting impacts on life and death in Canada.
-
'Last-minute' amendment to Quebec health bill would allow agency to revoke right to English service
A new amendment to Quebec's mammoth health-care bill would allow the new Sante Quebec agency to revoke a hospital's ability to offer services in English, which is raising concerns from anglophones.
-
Here are the factors experts say are contributing to Canada's drug shortages
Experts say drug shortages have gradually worsened in Canada over the last decade, putting patients in difficult and sometimes dangerous positions. But potential solutions like rethinking where drug manufacturing is concentrated and expanding pharmacists' prescribing privileges could help ease those impacts.
Sci-Tech
-
Montana's first-in-the-nation ban on TikTok blocked by judge who says it's unconstitutional
Montana's first-in-the-nation law banning the video-sharing app TikTok in the state was blocked Thursday, one month before it was set to take effect, by a federal judge who called the measure unconstitutional.
-
Chinstrap penguins nod off more than 10,000 times per day in seconds-long 'microsleeps,' study finds
A new study has documented the peculiar sleeping habits of this species of penguin. Instead of taking one long continuous period of sleep, chinstrap penguins prefer to sleep in seconds-long intervals, more than 10,000 times a day.
-
Brazilian city enacts an ordinance that was secretly written by ChatGPT
City lawmakers in Brazil have enacted what appears to be the nation's first legislation written entirely by artificial intelligence -- even if they didn't know it at the time.
Entertainment
-
Movie reviews: 'Maestro' is a stylish, passionate movie with enough depth to both warm and break your heart
This week, pop culture critic Richard Crouse reviews new movies 'Maestro,' 'May December,' 'Saltburn' and 'Silent Night.'
-
'Angel' Shane MacGowan remembered by friend Finny McConnell of The Mahones
Finny McConnell, frontman for Canadian band The Mahones, remembered many occasions spent drinking into the mornings with his close friend and fellow Irish punk Shane MacGowan as he prepared to pay tribute to the singer-songwriter in London.
-
Shane MacGowan, lead singer of The Pogues and a laureate of booze and beauty, dies at age 65
Shane MacGowan, the singer-songwriter and frontman of 'Celtic Punk' band The Pogues, best known for the Christmas ballad 'Fairytale of New York,' died Thursday, his family said. He was 65.
