Playstation Network Down. As of this moment nobody knows exactly why the Playstation network is down. Only one this is sure, that it is down and it is causing a lot of problems for PS3 systems. 8001050F error codes, game crashes, corrupted trophy info, and even the complete inability to launch certain titles have been reported in the last few hours. There is no advice yet as to when everything is going back to normal for PS3 owners. Well, they can always go back to watching TV or the replay of the Canada vs USA hockey final game.