The latest victim of the supply chain disruptions: The PS5. Sony’s sales of its highly popular PlayStation5 console nosedived 22.3% in FY 2021-2022, falling to 11.5 mn units (and coming short of an expected 14.8 mn), the company said in its FY 2021-2022 financial statement (pdf). The weak performance led the company to revise downward its forecasted sales for the upcoming fiscal year to 18 mn from the previously expected 22.6 mn This comes as the ongoing war between Russia and Ukraine piled on further pressure on an already-strained global supply chain, after the console had struggled with supply constraints since its release in late 2020, thanks to component shortages and logistics disruptions. “A downside risk would be if there is a further worsening in the supply chain, including the potential widening of lockdowns in China,” Bloomberg cites CFO Hiroki Totoki as saying.

In case Truth Social doesn’t pan out, Elon Musk wants to un-ban Trump from Twitter: Tesla boss Elon Musk has pledged to reverse Twitter’s permanent ban on former US President Donald Trump once he takes over the social media giant, which he’s in the process of buying for USD 44 bn. Speaking at a Financial Times conference, the tech b’naire said the decision to impose a ban was “morally wrong” and “flat out stupid,” and only amplified Trump’s voice among the right-wing. Twitter, Facebook, and other social media platforms imposed a ban on the former US president soon after a group of his supporters stormed the US Capitol on January 6 last year. Musk, who calls himself a freespeech absolutist, has been publicly critical of Twitter’s moderation strategies.