Sony’s financial woes have left a mark on the Playstation 4.  A new IP in development for the PS4 has been axed. Microsoft looking to take advantage.

Former Sony Santa Monica Lead Level Designer Confirms The Cancellation Of GOW 3 Director’s New IP: Gearnuke

Sony closing 60% of US stores and cutting 1,000 US jobs: Forbes

Microsoft scooping PlayStation 4 developers in recent layoffs: Attack of the Fanboy