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‘Wadeem’ sold out for $1.49bn

This is the highest Abu Dhabi real-estate release to date.

Tesla Q2 sales down 13.5%

Shares rally after the disclosure, better than some forecasts.

TomTom cuts 300 jobs

The firm said it was realigning its organization as it embraces AI.

Aldar nets $953m in sales at Fahid

Aldar said 42 percent of the buyers are under the age of 45.

Qualcomm to Alphawave for $2.4 bn

The deal makes Alphawave the latest tech company to depart London.

Nintendo shares tumble 8.5%

The Switch became a must-have among all age groups during the Covid pandemic.
  • A news report said the next console would miss the key Christmas holiday shopping period in December
  • The gadget is fading with the console now in its seventh year, but the company is tight-lipped about its plans

Tokyo, Japan–Shares in Japan’s Nintendo tumbled as much as 8.5 percent on Monday after a report suggesting that its next-generation console will be delayed until early 2025.

The successor to the popular Switch was targeted for release at the end of this year but several publishers have now been told to expect it to slip into next year, Bloomberg News reported, citing unnamed sources.

That would mean that the next console would miss the key Christmas holiday shopping period in December.

The delay was also reported by the Video Games Chronicle website.

A Nintendo spokesperson said the company has nothing to comment on, Bloomberg News said.

The Switch, both a handheld and TV-compatible device, became a must-have among all age groups during the Covid pandemic.

Buzz around the gadget is slowly fading with the console now in its seventh year, but the company has so far remained tight-lipped about its plans.