Gaming Platform News
Our ongoing news and analysis of the gaming industry, from console, desktop and mobile platforms through to virtual reality.
Microsoft to gobble up Activision in $69 billion metaverse bet
Microsoft Corp is buying “Call of Duty” maker Activision Blizzard for $68.7 billion in the biggest gaming industry deal in history as global technology giants stake the...
Analysis: Sony faces deep-pocketed rivals in war over future of gaming
Sony Group, perched atop the gaming sector, is facing a fresh challenge from cash-rich rivals betting on a next-generation online video game boom as the Japanese conglomerate eyes ...
Take-Two to buy Zynga for $11 billion in largest gaming deal
“Grand Theft Auto” video game maker Take-Two Interactive has said it would buy Zynga for $11.04 billion in a cash-and-stock deal that will add popular mobile titles suc...
Sony teases details of next-gen VR headset
Sony Group has teased details of its next-generation virtual reality headset for its PlayStation 5 console, as the Japanese conglomerate seeks to secure a lead in the nascent secto...
Tencent raises $3 billion by trimming stake in Shopee-owner Sea
Chinese gaming and social media company Tencent Holdings has raised $3 billion by selling 14.5 million shares at $208 each in Sea, which owns e-commerce firm Shopee, according to a...
China’s Tencent builds stake in UK digital bank Monzo
Chinese gaming and social media company Tencent Holdings has taken a small stake in the UK’s Monzo as part of a fundraising, the digital bank has said, just weeks after it fe...
Tencent hands shareholders $16.4 billion windfall in the form of JD.com stake
Chinese gaming and social media company Tencent will pay out a $16.4 billion dividend by distributing most of its JD.com stake, weakening its ties to the e-commerce firm and raisin...
Apple wins last-minute reprieve from App Store changes
Apple has won a reprieve from having to make major changes to its lucrative App Store while it appeals an antitrust lawsuit brought by “Fortnite” creator Epic Games.
Twitch launches tool to catch channel ban evaders
Amazon.com Inc’s live-streaming site, Twitch, is launching a tool to detect users who try to access channels where they have been banned, it has said.
Microsoft shareholders back proposal seeking report on harassment
Microsoft Corp has said its shareholders had approved a proposal by Arjuna Capital, which sought a report from the software firm on the effectiveness of its policies to battle sexu...
Xbox chief evaluating console maker’s relationship with Activision
Xbox Chief Phil Spencer is evaluating its relationship with Activision Blizzard, the Microsoft-owned gaming console maker confirmed amid allegations of sexual misconduct and equal ...
Roblox bookings beat as gaming boom persists, shares surge
Roblox Corp exceeded market estimates for quarterly bookings as demand for its video games “MeepCity” and “Adopt Me!” stayed strong even after pandemic-led ...
Zynga’s bookings get a lift from mobile gaming demand
Zynga Inc beat Wall Street estimates for quarterly net bookings, fuelled by demand for its popular franchise “FarmVille” and contribution from the acquisition of mobile...
Video game publisher Electronic Arts raises annual sales forecast
Electronic Arts Inc has raised its annual adjusted sales forecast, betting on its soccer franchise “FIFA” and the upcoming launch of warfare title “Battlefield 20...
Source: ByteDance founder Zhang Yiming steps down as chairman
ByteDance founder Zhang Yiming has stepped down as chair of the company, after saying in May he would step down as CEO, a person with direct knowledge of the matter told journalist...