Games
Nintendo ships one million Switches in China since late-2019 launch
The Japanese firm launched its Switch console in China at December 2019 in partnership with distributor Tencent, China’s biggest video games and social networking company, in...
Gaming site Roblox valued at $30 billion, plans direct listing
Roblox Corp has said it aims to go public via a direct record, rather than an initial public offering (IPO) as originally intended, and has raised new funding at a deal that values...
Apple removes 39,000 game apps from China store to meet deadline
Apple removed 39,000 game apps on its China store Thursday, the biggest removal ever in a single day, as it set year-end as deadline for all game publishers to obtain a licence.
Cyberpunk 2077 sales miss analyst estimates after refunds
Polish video game manufacturer CD Projekt SA said it offered more than 13 million copies of its Cyberpunk 2077 match through Dec. 20, below analyst forecasts, hurt in part by refun...
ByteDance in talks to buy stake in mobile games firm CMGE
ByteDance is currently in talks to buy into mobile games writer CMGE Technology Group, four people with direct knowledge of this matter told journalists, as the owner of short vide...
New PlayStation and Xbox enter $150 billion games arena
Think Michelangelo vs Da Vinci. Another epic rivalry is rejoined this week when Sony and Microsoft go head-to-head with the next generation of the blockbuster video-game consoles.
Nintendo raises Switch forecast to 24 million units on pandemic gaming boom
Nintendo said it hopes to market 24 million of its Switch games consoles at the year ending March 2021, up from a forecast of 19 million but still regarded as cautious, since the C...
Tencent’s Honor of Kings reports 100 million daily users
Honor of Kings, Tencent’s flagship video game, declared a record 100 million daily active users globally and said it was expanding into other genres and forming a tie-up with...
Microsoft beats sales estimates as Azure growth ticks upward
Microsoft beat Wall Street estimates for annual revenue and profit yesterday, driven by a slight uptick in expansion in its flagship cloud computing firm since the software maker c...
Facebook adds cloud gaming feature to its platform
Yesterday, Facebook Inc established a free-to-play cloud gambling feature on its social media platform, allowing users to stream and play games like “Asphalt 9: Legends”...
US judge rules Apple could bar Epic Games’s ‘Fortnite’ from App Store
A federal judge in California has ruled in an injunction request that Apple could bar Epic Games’s “Fortnite” from its App Store, but must not harm Epic’s d...
Mobile gaming firm AppLovin hires Morgan Stanley to lead its IPO
AppLovin Corp, the US-based mobile gaming company backed by private equity firm KKR & Co, has hired Morgan Stanley to lead preparations for an initial public offering which cou...
Angry Birds maker Rovio’s Chief Executive leaving by mutual consent
The CEO of Angry Birds game maker Rovio Entertainment has said she would leave the company by mutual consent at the end of the year.
Sony shares slides 2% as Microsoft flashes cash to boost games lineup
Sony’s shares dropped 2% in trading today after its gaming rival Microsoft said it might purchase the parent of publisher Bethesda Softworks, at a deal to strengthen its matc...