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Facebook approaches broadcasters & streaming services for new TV chat device: Reports

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MUMBAI: Facebook has approached broadcasters and streaming services like Netflix, Disney, Hulu and HBO for a new TV chat device for making video calls from TVs. The platform is also planning to launch its own TV streaming service.

According to a report in ‘The Information’, the Facebook TV chat device will use the same technology currently available in the company's video-calling 'Portal' devices. The platform is planning to launch an updated version of its video chat device 'Portal' later this year.

Facebook's Augmented Reality (AR) and Virtual Reality (VR) vice president Andrew Bosworth has confirmed that the company has a lot more to unveil later this year related to Portal.

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The report also informed that the new device, code-named Catalina, will also come with a physical remote and a streaming video service similar to other television boxes like Apple TV.

Portal was launched in November 2018. While the smaller device was priced at $199, the larger "Portal Plus" was made available for $349 with a 10-inch display and 15-inch display, respectively.

The smart camera-enabled device is also powered by Amazon's voice assistant Alexa and comes with front cameras. Facebook Portal has a 10-inch display, while there is a 15-inch display on the Portal+. The devices offer hands-free voice control and allow users to start a video call simply by saying "Hey Portal". It uses Artificial Intelligence (AI) to recognise people in the frame and follow them as they move throughout a room.

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Gaming

Sony raises PS5 prices for second time in under a year

US disc edition jumps $100 to $649.99 as memory costs surge.

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MUMBAI: Sony just hit the pause button on affordable gaming because when memory prices skyrocket, even the Playstation has to pay the premium. Sony has announced its second price increase for the Playstation 5 range in less than a year, citing pressures in the global economic landscape and a sharp rise in memory component costs driven by AI demand.

In the US, the PS5 disc edition will rise from $549.99 to $649.99, a $100 hike while the digital edition increases to $599.99. The more powerful PS5 Pro will jump $150 to $899.99. The Playstation Portal remote player will also rise by $50 to $249.99. The new prices take effect on 2 April 2026.

Similar increases have been applied in the UK (£90 per model), Europe and Japan. Sony last raised PS5 prices in the US in August 2025.

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“We know that price changes impact our community, and after careful evaluation, we found this was a necessary step to ensure we can continue delivering innovative, high-quality gaming experiences to players worldwide,” Sony said in a blog post.

The hikes come amid an unprecedented surge in memory prices, as manufacturers prioritise supply for AI data centres. Analysts say Sony had likely secured price protections for components that have now expired, forcing the company to protect its hardware margins.

Ampere Analysis research director of games Piers Harding-Rolls told CNBC that further increases from Microsoft and Nintendo would not be surprising, though Nintendo may hesitate to raise the price of its recently launched Switch 2 while establishing the new platform.

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The increases arrive eight months before the highly anticipated release of GTA 6, which is expected to drive strong console sales. However, early reactions online have been a mix of disappointment and resignation, with growing concern that premium gaming is increasingly becoming a hobby for higher-income players.

In a sector already grappling with tariffs, inflation and component shortages, Sony’s move underscores a tough reality: even the most popular consoles are not immune to the rising cost of keeping up with the latest technology.

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