Sony Trims $50 Off the Five-Year-Old PlayStation 3

Sony is cutting the price of the five-year-old PlayStation 3 to $250 from a previously recommended price of $300, the company said today. The version with twice the amount of storage, or 320 gigabytes, will cost $300, down from $350. The new pricing goes into effect Thursday.


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The problem with the Billionaire Savior phase of the newspaper collapse has always been that billionaires don’t tend to like the kind of authority-questioning journalism that upsets the status quo.

— Ryan Chittum, writing in the Columbia Journalism Review about the promise of Pierre Omidyar’s new media venture with Glenn Greenwald