Gaming Platform News

Our ongoing news and analysis of the gaming industry, from console, desktop and mobile platforms through to virtual reality.

Zynga

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...

Platform Industry News: Sony Corp logo on building

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...

Platform News: Tencent conference and exhibition in China

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...

Tencent Holdings

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...

Platform Industry: Tencent logo at an event

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...

Platform News: Epic Games, Fortnite

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

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.

Platform News: Software titan Microsoft building

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

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

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

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...

Electronic Arts (EA)

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...

Platform NewS: China's ByteDance CEO and TikTok apps Founder

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...

Netflix Streaming app

Netflix rolls out mobile games to subscribers on Android

Netflix Inc has rolled out its mobile games globally to members with Android devices, exploring new ground as competition stiffens on the video streaming pioneer’s home turf.

Platform News: Epic Games, Fortnite

Apple objects to links to outside payments ahead of Epic Games hearing

Apple has outlined its objections to allowing app developers to link to third-party payment options ahead of a hearing next month that could determine whether a set of antitrust co...