Vodafone Japanese Unit Target of $15B Bid Investment firms Providence Equity Partners Inc. and Cerberus Partners LP are readying a roughly $15 billion bid for a Japanese unit of British mobile-phone operator Vodafone Group PLC, according to a person familiar with the discussions. 16 Mar 2006
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Sony Postpones PlayStation 3 Release Sony will put off the release of its much awaited PlayStation 3 console until November from its planned spring debut because of delays in finalizing its next-generation optical disc technology, the company said Wednesday. 16 Mar 2006
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Usen President to Buy Stake in Livedoor Japanese cable broadcaster Usen Corp. said Thursday its president will personally buy Fuji TV's stake in disgraced Internet portal Livedoor Co. 16 Mar 2006
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Japanese Stocks Decline; Dollar Up vs. Yen Japanese stocks declined Thursday, dragged down by real estate and banks as some investors began to factor higher Japanese interest rates into their outlooks. 16 Mar 2006
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Vodafone Unit Refuses Comment on Report The Japanese subsidiary of Vodafone refused to comment Thursday on a media report of an offer by American investment funds to buy the struggling company. 15 Mar 2006
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ProLogis to Buy Japan Assets for $118M ProLogis, a distribution facility and service provider, said on Wednesday that the ProLogis Japan Properties Fund II agreed to acquire three Japanese distribution facilities from Sanyo Electric Co. for roughly $118 million. 15 Mar 2006
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Japan Reaffirms Upbeat Economic Assessment The Japanese government reaffirmed its upbeat assessment of the economy Wednesday, citing improved consumer spending and company investments. 15 Mar 2006
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Sony Set to Outline PlayStation Strategy Sony's video game unit was set to outline strategy Wednesday on the PlayStation console amid reports of delays in plans to offer the PlayStation 3 for sale this spring. 14 Mar 2006