Error: 8001050F Takes Down PlayStation Network

Something is happening in PlayStation Network land this evening, and it isn't good. Known cryptically as Error: 8001050F, the error won't allow users to log into their accounts or play online. Updated.

According to one user over at the official PlayStation boards, the error does not prevent him from using the Internet via his PS3, but logins have become nigh impossible. Several other users chimed in after that comment to report identical problems.

Who amongst the Gizmodo population can't access PSN right now to play MAG or any of the other online games at your disposal? And, if so, what the heck are you doing instead?

For more info, hit the links or visit Kotaku for more. [IGN Boards, PlayStation Boards - Thanks, Janesh]

Update. A community leader over at the Playstation.com forum says they're hoping to resolve the issue in the next 24 hours:

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 one of the above listed models, 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 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 keep an eye on this thread.