Washington Post Publisher Will Lewis Steps Down After Layoffs 
SpaceX Reports $8 Billion Profit as IPO Plans and Starlink Growth Fuel Valuation Buzz 
Weight-Loss Drug Ads Take Over the Super Bowl as Pharma Embraces Direct-to-Consumer Marketing 
Palantir Stock Jumps After Strong Q4 Earnings Beat and Upbeat 2026 Revenue Forecast 
AMD Shares Slide Despite Earnings Beat as Cautious Revenue Outlook Weighs on Stock 
Elon Musk’s Empire: SpaceX, Tesla, and xAI Merger Talks Spark Investor Debate 
Nasdaq Proposes Fast-Track Rule to Accelerate Index Inclusion for Major New Listings 
Trump Backs Nexstar–Tegna Merger Amid Shifting U.S. Media Landscape 
Google Cloud and Liberty Global Forge Strategic AI Partnership to Transform European Telecom Services 
American Airlines CEO to Meet Pilots Union Amid Storm Response and Financial Concerns 
Missouri Judge Dismisses Lawsuit Challenging Starbucks’ Diversity and Inclusion Policies 
Once Upon a Farm Raises Nearly $198 Million in IPO, Valued at Over $724 Million 
Nvidia, ByteDance, and the U.S.-China AI Chip Standoff Over H200 Exports 
Anthropic Eyes $350 Billion Valuation as AI Funding and Share Sale Accelerate 
Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised 
Jensen Huang Urges Taiwan Suppliers to Boost AI Chip Production Amid Surging Demand 
Rising inflation rates coupled with supply chain restrictions have caused price changes in some consumer tech products, which now include PlayStation 5. Microsoft, on the other hand, said it does not plan on increasing the prices of Xbox consoles — for now, at least.
Sony Interactive Entertainment CEO Jim Ryan announced on Thursday that the PS5 retail prices will increase. The changes will affect both the PS5 digital-only and disc versions being sold in Africa (EMEA), Asia-Pacific (APAC), Europe, Latin America (LATAM), the Middle East, and the United Kingdom. PS5s sold in Canada will be more expensive as well. But the changes, notably, will not be applied to consoles shipped to the United States.
“The global economic environment is a challenge that many of you around the world are no doubt experiencing,” Ryan said in a blog post. “We’re seeing high global inflation rates, as well as adverse currency trends, impacting consumers and creating pressure on many industries.”
PlayStation fans can find the new recommended retail prices (RRPs) for PS5 consoles per region in the same blog post. Sony said these changes would take effect immediately, but the new prices will be applied in Japan on Sept. 15.
Xbox fans around the world can still purchase the current-gen consoles Xbox Series X/S at their original RRPs. Microsoft confirmed to Windows Central that it is currently not planning to follow Sony’s move. There is no guarantee that this decision will not change, though.
The Xbox parent company said it is “constantly evaluating” the situation, which leaves an opening for a price hike announcement in the future. For now, at least, Xbox fans can still buy an Xbox Series X at $499 / £450 / €500 and an Xbox Series S at $299 / £250 / €300.
Nintendo addressed the same matter earlier this month and confirmed it is also not planning to increase the prices of Nintendo Switch models anytime soon. The current RRPs are $299 for the regular Switch, $199 for Switch Lite, and $349 for Switch OLED.
Photo by Kerde Severin on Unsplash
