Singapore’s first major video game title launches to mixed reviews

Justin Farren, Creative Director at Ubisoft Singapore, reveals “Skull & Bones” during the Ubisoft E3 conference at the Orpheum Theater on June 11, 2018 in Los Angeles, California.  Christian Petersen | Getty Images News | Getty Images Ubisoft Singapore officially launched its first major video game, Skull And Bones, for the PlayStation 5, Xbox Series … Read more

Sony gaming margin questioned after PS5 sales cut sparks stock plunge

The PlayStation DualSense controller and PlayStation 5 console. Jakub Porzycki | Nurphoto | Getty Images Around $10 billion of value was wiped off Sony’s stock last week, after the Japanese tech giant cut its sales forecast for its flagship PlayStation 5 console for the fiscal year. Analysts, who already thought Sony’s PS5 target was too … Read more

Nintendo Switch 2 console coming in 2024, analysts say

Nintendo said domestic sales of Splatoon 3 hit a record in the first three days of the game being on sale. Splatoon 3 proved to be a hit in Japan, helping keep momentum for Nintendo’s ageing Switch console. Philip Fong | AFP | Getty Images Nintendo is likely to release a new Switch console this … Read more

TikTok owner ByteDance axes hundreds of jobs in gaming unit

Sheldon Cooper | LightRocket | Getty Images TikTok parent company ByteDance is cutting hundreds of jobs in its gaming division, a person familiar with the matter told CNBC, marking a significant retreat from a segment it has invested billions of dollars in to challenge market leader Tencent. “We regularly review our businesses and make adjustments … Read more

Neopets plans comeback in a vastly different era of gaming

Neopets CEO Dominic Law speaking at the gamescom Asia event in Singapore. Ever since the $4 million takeover of Neopets in July, Law and his team have been on a “reactivation campaign” to draw players back to the game. Koelnmesse Pte Ltd / gamescom asia Moving abroad can be a lonely experience. For Dominic Law, … Read more

Public gaming companies sit on $45 billion cash hoard, Konvoy says

Gamers play the video game “Star Wars Battlefront II” during the “Paris Games Week” on Oct. 31, 2017. Chesno Publicly listed gaming companies are sitting on a $45 billion pile of cash and cash equivalents — and that could lead to greater consolidation in the $188 billion video games market, according to a new report … Read more

Microsoft-Activision Blizzard takeover approved by UK regulator CMA

Microsoft logo is seen on a smartphone placed on displayed Activision Blizzard logo in this illustration taken January 18, 2022. Dado Ruvic | Reuters Britain’s top competition watchdog on Friday gave the green light to Microsoft’s proposed $69 billion takeover of gaming firm Activision Blizzard, removing the last major hurdle for the deal to close. … Read more

Street Fighter, Resident Evil maker Capcom on synergy in films, gaming

PARIS, FRANCE – NOVEMBER 01: Gamers play the video game ‘Street Fighter 6’ developed and edited by Capcom during Paris Games Week 2022 at Parc des Expositions Porte de Versailles on November 01, 2022 in Paris, France. After two years of absence linked to the Covid-19 pandemic, Paris Games Week is making a comeback in … Read more

As much as regulators to determine

Microsoft says it “actually tried” to take the issues of U.Okay. regulators to coronary heart, earlier than launching its contemporary bid to take over Activision Blizzard — and it is now as much as the regulators to determine whether or not that path is obvious. “I feel we have to let the regulators communicate for … Read more

Sony earnings report Q1 2023: PlayStation enterprise boosts gross sales

PlayStation DualSense controller and PlayStation 5 console are seen on this illustration photograph taken in Krakow, Poland on April 9, 2022. Jakub Porzycki | Nurphoto | Getty Pictures Sony on Wednesday reported a 31% fall in revenue within the first fiscal quarter as its life insurance coverage unit dragged on its backside line, however the … Read more