San Francisco, United States- Microsoft is cutting about 650 more positions from its gaming unit as it continues to tighten its belt following the blockbuster buyout of "Call of Duty" maker Activision Blizzard. The elimination of mostly corporate and support roles across Microsoft Gaming is intended to "organize our business for...

It now predicts full-year net profit to touch US$6.1 billion.

Disagreement over who would lead the new entity led to merger's failure.

It pulled out of the US$10bn merger of its Indian operations.

The tie-up is aimed at helping both firms compete with streaming rivals.

Tokyo, Japan - Tokyo stocks closed higher on Tuesday on the back of gains in US tech stocks, pushing the Nikkei index to a 33-year high. The benchmark Nikkei 225 index climbed 1.16 percent, or 385.76 points, to end at 33,763.18, while the broader Topix index added 0.82 percent, or 19.55...

Since releasing the first PlayStation in 1994, Sony has grown into a titan of console gaming, a market whose revenues this year have been estimated at more than $53 billion by industry consultancy Newzoo. The PS2 remains Sony's bestselling console with more than 155 million units sold, while the PS4...

The company net profit for July-September sank 29 percent

Activision Blizzard makes popular games like "Call of Duty".

The Japanese electronics-to-entertainment conglomerate said its annual net profit for the year to March 2024 should reach 860 billion yen ($6.0 billion), up from a previous estimate of 840 billion yen. The overall sales forecast was upgraded to 12.2 trillion yen from 11.5 trillion yen. it expects to see stronger...

The GCC gaming industry, bolstered by Saudi Arabia's $38 billion investment, is poised for significant growth that may make it a global leader by 2030, says an expert.

Following the shipment suspension and "as a result of the economic outlook, Nintendo of Europe has decided to wind down operations of its Russian subsidiary", the company said. Nintendo's eShop was already "under maintenance" in Russia because its payment provider had stopped ruble transactions.

The company reported record full-year sales of 11.5trn yen.

The Japanese conglomerate wants to eliminate the material from all containers for newly designed smaller goods by 2025, a spokeswoman told AFP. "Instead of plastics, we will mainly use paper, and a so-called 'original blend material' made from bamboo, used paper and squeezed sugarcane fibre," she said.

There was not yet talk of online life moving to virtual worlds when a "far-fetched" musing by Google co-founder Larry Page prompted Street View, which lets users of the company's free navigation service see imagery of map locations from the perspective of being there. Now the metaverse is a tech-world...

Expenses incurred on acquisition of Bungie partly responsible.

However, net profit dipped 14% from the last year's record high.

Bungie is based not far from Microsoft headquarters in the US.

The Sony Mobility subsidiary will be created in spring 2022.

CinemaCon is taking place despite fears about the Delta variant that have caused some pandemic restrictions to be reimposed on Hollywood in California