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Industry Keyword: Gaming

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Roblox quarterly bookings disappoint as gaming frenzy wanes

Gaming platform Roblox Corp has missed Wall Street estimates for quarterly bookings as the pandemic-driven frenzy for its video games waned, sending its shares down more than 13% in extended trading. Increased outdoor activities since...

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. The new tool, called Suspicious User Detection, will flag "likely"...

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 game developer Rollic. Net bookings rose 6% to $668 million...

China’s tech crackdown continues with curbs on online gaming for kids

China has forbidden under-18s from playing video games for more than three hours a week, a stringent social intervention that it said was needed to pull the plug on a growing addiction to what...

Nvidia’s $40 billion deal for ARM dealt blow by UK regulator

Nvidia's $40 billion acquisition of UK-based chip designer ARM hit a major hurdle yesterday after a UK regulator found it could damage competition and weaken rivals, and required a further investigation. The deal, which was...

Tencent tumbles after Chinese media calls online gaming “spiritual opium”

Shares of online gaming companies, including Tencent Holdings and NetEase Inc, tumbled earlier today after a Chinese state media outlet branded online gaming "spiritual opium" and called for more curbs on the industry. Tencent, China's...

Deloitte: Smart devices get pandemic boost in US household

The pandemic has bolstered the use of gadgets in an average US household to 25 connected devices, up from 11 in 2019, including laptops, smartphones, streaming devices, smart TVs, headphones and gaming consoles, according...

Ubisoft invests in free-to-play games, signals profits might fall

French video games company Ubisoft warned operating profit might fall this financial year as the maker of "Assassin's Creed" invests in new titles and laps a surge in gaming at the start of coronavirus...

Roblox reveals bookings surge in first post-debut report

Roblox Corp trounced quarterly bookings estimates in its first earnings report since a blockbuster debut as the US gaming company benefited from a surge in spending by kids stuck at home due to the...

Nintendo partners with Pokemon Go maker Niantic on Pikmin app

Nintendo has stated that it is partnering with Pokemon Go app developer Niantic to create augmented reality (AR) titles, with a Pikmin themed app launching this year. The partnership could breathe life into Nintendo's stalled...

YouTube streamer to testify on GameStop alongside hedge fund managers

The YouTube streamer known online as 'Roaring Kitty', who helped drive a surge of interest in GameStop, will testify before a US House panel on Thursday alongside top hedge fund managers. The House Financial Services...

Nintendo hikes its sales forecast for Switch after a bumper year-end

Nintendo has hiked its full-year sales forecast for its Switch games console to 26.5 million from 24 million previously after a bumper holiday season, buoyed by the boom for at home entertainment caused by...