King

Washington State has launched an initiative aimed at rectifying the stark disparities resulting from historic drug possession laws. The Community Reinvestment Plan, introduced by the Washington State Department of Commerce will inject $200 million into communities that have long shouldered the...

Erryn Rhoden, a 48-year-old mother of three, has become a viral sensation after accidentally entering the Candy Crush All-Stars tournament and landing herself among the best players in the United States. What Happened: Rhoden, who has been playing the game for almost a decade, had no idea she had...

In just two trading days, the probability that the sterling will fall to parity against the US dollar increased to 60% on Sept. 26 from 32% on Sept. 23 after the UK government's announcement of new tax cuts elevated concerns for the country's economy.  Bloomberg estimates that the...

Activision Blizzard, Inc. (NASDAQ: ATVI) reported robust Q2 results, while raising its 2016 guidance. Baird’s Colin Sebastian reiterated an Outperform rating on the company, while raising the price target to $46. Robust Results Sebastian mentioned that the strong Q2 results were driven by the...

Optimism is building for Activision Blizzard, Inc. (NASDAQ: ATVI) as analysts anticipate another quarter of strong earnings. The stock is trading in the green ahead of the earnings announcement later in the day Thursday. The optimism is mainly due to the expected success of "Overwatch" across the...

King Digital Entertainment PLC (NYSE: KING) is getting crushed like candy after reporting earnings this afternoon. The "Candy Crush Saga" producer reported a Q2 non-GAAP EPS of $0.49 versus the Street estimate of $0.43. The GAAP earnings figure was $0.38 per share. Sales arrived at $...

Investors reacted positively to the news that Nintendo Co., Ltd (ADR) (OTC: NTDOY) will develop its own smartphone games. This announcement also means that big changes are coming to the company behind "Super Mario Bros.," "The Legend of Zelda" and "Pokemon."...

It takes money to make money. Evidently, it also takes money to build games that consumers can download for free. Mobile game developer Flaregames recently announced that it has raised €9 million ($12.2 million USD) in a Series B financing round. This is in addition to the €8...

This week Microsoft (NASDAQ: MSFT) was thought to have set a goal for tablet sales in 2014. Intel (NASDAQ: INTC) may have done the same. King (NYSE: KING) defended its disappointing public debut. Facebook (NASDAQ: FB) spent $2 billion on yet another startup. Microsoft released Office for the...

King Digital Entertainment (NYSE: KING) will enter the public market Wednesday on the New York Stock Exchange, sporting a valuation of more than $7 billion. The maker of Candy Crush Saga, the hottest social game since Farmville, sold 22.2 million shares at $22.50 each. The company raised $500...

According to a story first reported by The Wall Street Journal, GoDaddy is preparing for an IPO. GoDaddy, the internet domain registrar and web host, is now the largest internet domain registrar in the world. The company is owned by a consortium of private equity groups including Kohlberg...

Mobile games marketing platform AppLift has received an additional $7 million from Prime Ventures. This investment comes just four months after AppLift announced that Prime Ventures had provided the company with $13 million in a Series A investment. "We strive to provide value to the gaming...

Candy Crush fans can rejoice, because soon, you’ll not only be able to play the most addicting game on the planet, you can own stock in its maker. King, the British tech company responsible for everybody’s favorite game, Candy Crush Saga and other popular games like Pet Rescue Saga...

People familiar with the matter told The Wall Street Journal that billionaire hedge-fund manager, John Paulson, of Paulson & Co. just made a counter offer for Steinway Musical Instruments Inc. (NYSE: LVB) that beats out the one made by buyout firm Kohlberg & Co. in June by $3. The...