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UPDATED 07.59 am: PS3's 8001050F error - the apocalyps3 is over. We've won, people.

UPDATED: PS3 Internal clock resolves internal dispute. Sony back online. Hysteria ends.

So... this is what it was like to be captaining a Battlestar on the day of the Fall; when the Cylon virus disabled our defences, leaving us to damn Gaius Baltar's betrayal and... er, not really, but if you read the internet today, you'd be under the impression that EVERY PS3 IN THE WORLD is under the control of a mystery virus that will eat your files, delete your Trophies or make your games stop working online, and off.

UPDATE 12.02 pm - Slim consoles appear to be immune to the issues.

Well, here's what Sony has to say...

"We have found out that some users are experiencing a network connection failure when signing on to PlayStation Network. We are currently looking into the issue to identify the cause of this network connection failure and will update further information as necessary (on the Blog or official website). We appreciate for your understanding and continued support."

So, in other words, keep checking the Official Sony Blog and reading the company's Twitter.

UPDATED 17.17 pm:

As you may be aware, some customers have been unable to connect to the PlayStation Network today. This problem affects the models other than the new slim PS3.

We believe we have identified that this problem is being caused by a bug in the clock functionality incorporated in the system.

Errors include:
* The date of the PS3 system may be re-set to Jan 1, 2000.
* When the user tries to sign-in to the PlayStation Network, the following message appears on the screen; "An error has occurred. You have been signed out of PlayStation Network (8001050F)".
* When the user tries to launch a game, the following error message appears on the screen and the trophy data may disappear; "Failed to install trophies. Please exit your game."
* When the user tries to set the time and date of the system via the Internet, the following message appears on the screen; "The current date and time could not be obtained. (8001050F)"
* Users are not able to playback certain rental video downloaded from the PlayStation Store before the expiration date.

We hope to resolve this problem within the next 24 hours. In the meantime, if you have a model other than the new slim PS3, we advise that you do not use your PS3 system, as doing so may result in errors in some functionality, such as recording obtained trophies, and not being able to restore certain data.

As mentioned above, Please be advised that the new slim PS3 is not affected with this error. We are doing our best to resolve the issue and do apologise for any inconvenience caused.

For the latest status on this situation please check either the PlayStation blog (for SCEE: www.blog.eu.playstation.com/for SCEA : www.blog.us.playstation.com) or PlayStation.com.

UPDATED 07.59 am
So, just like that, it's over. Looks like the internal clock has flipped a day and trophies are synching again.

Here's the official Sony statement:

We are aware that the internal clock functionality in the PS3 units other than the slim model, recognized the year 2010 as a leap year. Having the internal clock date change from February 29 to March 1 (both GMT), we have verified that the symptoms are now resolved and that users are able to use their PS3 normally.

If the time displayed on the XMB is still incorrect, users are able to adjust time settings manually or via the internet. If we have new information, we will update you through the PlayStation.Blog or PlayStation.com.

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