CEO says Sony is on track for comeback

Sony Corp., the struggling Japanese electronics and entertainment company, is headed in the right direction although its comeback is not yet complete, its chief executive said Thursday.

Sony Corp., the struggling Japanese electronics and entertainment company, is headed in the right direction although its comeback is not yet complete, its chief executive said Thursday.

Yahoo! raided its archrival in its latest quest for resurrection, hiring key Google executive Marissa Mayer to start Tuesday as the struggling Internet pioneer’s new chief.
Shifting from Google’s CEO to executive chairman proved to be lucrative career move for Eric Schmidt.