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Sony seeks head start over Microsoft with new PlayStation

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NEW YORK (Reuters) – Sony Corp said it will launch its next-generation PlayStation this year, hoping its first video game console in seven years will give it a much-needed head start over the next version of Microsoft’s Xbox and help revive its stumbling electronics business. The new console will have a revamped interface, let users stream and play video games hosted on servers, and allow users to play while downloading titles as well as share videos with friends. . . .

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