A group of video game employees from Activision Blizzard Inc. in Boston said Tuesday they are unionizing with the Communications Workers of America. A group of video game employees from Activision Blizzard Inc. in Boston said Tuesday they are unionizing with the Communications Workers of America. The 57-strong Proletariat unit that has applied for union … Read more
The Blizzard Entertainment booth at the Chinajoy Expo in Shanghai, China, on August 2, 2019. CFOTO | Future publication | Getty Images Activision Blizzard and a Chinese gambling company NetEase are ending their 14-year licensing deal, a move that will see popular game franchises like World of Warcraft and Overwatch being discontinued in China. The … Read more
The Blizzard Entertainment booth at the Chinajoy Expo in Shanghai, China, on August 2, 2019. CFOTO | Future publication | Getty Images Activision Blizzard and a Chinese gambling company NetEase are ending their 14-year licensing deal, a move that will see popular game franchises like World of Warcraft and Overwatch being discontinued in China. The … Read more
Microsoft’s The head of gaming said on Wednesday that video games can withstand economic weakness, even as the software maker expects a slower rebound in other parts of its consumer-oriented business. Rising prices and interest rates have prompted investors to hurry up and find financial markets that can withstand a downturn. Gaming remains a high … Read more
In this weekly series, CNBC looks at companies that made it to the first Disruptor 50 list 10 years later. Amid the popularity of free-to-play, downloadable games and gaming platforms such as “Fortnite”, “League of Legends” and Roblox, it has become extremely rare for a high-profile video game to be released now without some sort … Read more
In this weekly series, CNBC looks at companies that made it to the first Disruptor 50 list 10 years later. Amid the popularity of free-to-play, downloadable games and gaming platforms such as “Fortnite”, “League of Legends” and Roblox, it has become extremely rare for a high-profile video game to be released now without some sort … Read more
Buying up dusty franchises can pay off. And maybe there are still Star Wars-esque gems that languish. Good content is hard to find. Look at Microsoft Corp. It pays $69 billion to buy Activision Blizzard Inc. — and by extension, the rights to that company’s major video game franchises, including Call of Duty. That’s still … Read more
Mobile gaming revenues account for more than half of the mobile gaming market. Sony wants to diversify beyond consoles with its new, dedicated PlayStation division for mobile gaming. Mateusz Slodkowski | SOPA images | LightRocket via Getty Images Sony Sony’s PlayStation has long dominated the game console market. But the console gaming business model has … Read more
A gamer plays on Sony’s Playstation 5 console at his home in Seoul. Yelim Lee | AFP via Getty Images The video game giants saw their sales decline in the second quarter as the initial tailwind of the Covid pandemic faded. In the three months ended June, Microsoft, Sony and Nintendo each posted disappointing results … Read more