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Business trends

Sony PS5 aims to beat cloud gaming to the punch by keeping users

Console and subscription model will combat US game rivals focused on 5G advances

Sony plans a sequel to the action game "Marvel's Spider-Man" for the PS5.

TOKYO -- Sony unveiled its upcoming PlayStation 5 gaming console Friday, touting advanced processing capacity along with a Spider-Man sequel and 27 other games for the machine set to be released in time for the year-end shopping season.

The Japanese entertainment company hopes to corral PS4 users and video game players before Google and other American technology giants attract them to cloud gaming when fifth-generation mobile communication services, boasting high speeds and huge capacity, enter widespread use.

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