Sony sells Tokyo office building for $1.2 billion

Sony was rumored to have put its office in Tokyo, Japan, up for sale last month and now the company has confirmed that the building - Sony City Osaki - has been sold for 111.1 billion yen ($1.2 billion) as part of ongoing restructuring. However, the financially troubled company has struck a deal that will allow it to remain there for the next five years. (thenextweb.com)