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EXCLUSIVE: Activision Blizzard's 'Focused Strategy Is Working,' Mobile Was Largest Segment In Q1 — And 'There's More On The Way'
Thursday, April 27, 2023 - 3:37pm | 1070Video game giant Activision Blizzard Inc (NASDAQ: ATVI) made lots of headlines Wednesday with shares falling in response to an announcement that its pending acquisition by Microsoft Corporation (NASDAQ: MSFT) was being blocked by regulators in the United Kingdom. As shares sold off Wednesday,...
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48-Year-Old Mom Accidentally Dominates Candy Crush Tournament, Goes Viral
Thursday, April 20, 2023 - 6:35pm | 760Erryn 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...
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Savvy Secures Scopely In The Sixth-Largest Gaming Acquisition Of All Time
Thursday, April 6, 2023 - 2:59pm | 639Saudi Arabia's Public Investment Fund made one of the biggest acquisitions in the history of the video game industry. What Happened: The fund, through its subsidiary Savvy Games, bought Scopely, an interactive entertainment company and mobile-first video game developer and...
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If You Invested $1,000 In Nintendo Stock When The First Pokemon Game Was Released In The US, Here's How Much You'd Have Now
Monday, February 27, 2023 - 1:32pm | 699Video game company Nintendo Co (OTC: NTDOY) got its start in 1889 as a playing card company. The company would transform into a video game giant in the 1970s and go on to be one of the most recognizable companies in the world. Here's a look at how the stock has performed since Pokémon...
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Sad News For Mobile Gamers: EA To Shut Down Apex Legends, Battlefield, Industrial Toys
Wednesday, February 8, 2023 - 11:22am | 522EA (NASDAQ: EA) revealed that both “Apex Legends Mobile” and “Battlefield Mobile” will shut down and no longer be playable. “Apex Legends Mobile” will cease working on May 1, 2023, at 4 PM PST. No specified date has been named for the end of “Battlefield...
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Activision Blizzard Q4 Earnings Highlights: Net Bookings Record, Call Of Duty Performance, Microsoft Deal Update And More
Monday, February 6, 2023 - 5:39pm | 789Video game giant Activision Blizzard (NASDAQ: ATVI) reported fourth-quarter and full fiscal year financial results after the market close Monday. Here are the key highlights. What Happened: Activision Blizzard reported fourth-quarter GAAP net revenue of $2.33 billion, down from $2.16 billion year-...
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Cowabunga! How Teenage Mutant Ninja Turtles Is Entering Netflix's Mobile Gaming Universe
Wednesday, January 11, 2023 - 3:28pm | 714One of the most iconic children’s cartoons of the 1980s and 1990s also spanned a series of arcade game hits. In the same arcade style famous from the series, streaming giant Netflix Inc (NASDAQ: NFLX) now has a mobile game version fans of Teenage Mutant Ninja Turtles (TMNT) will...
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The Most Anticipated Mobile Games Of 2023: 5 Titles To Keep An Eye On
Thursday, January 5, 2023 - 11:17am | 964Despite being underestimated by some gamers, it’s undeniable that the mobile gaming trend is growing by leaps and bounds year after year. Mobile games provide a form of light entertainment, allowing them to be played during the day and even in the middle of the daily routine. See also: ...
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Microsoft, Netflix And PlayStation Mobile Games: Are Tech Behemoths Joining The Smartphone Revolution?
Tuesday, December 6, 2022 - 2:07pm | 1766By Migue Porter Netflix (NASDAQ: NFLX), Sony (NYSE: SONY)’s PlayStation and Microsoft (NASDAQ: MSFT) are gaining momentum to join the smartphone revolution. Is the mobile format the future of gaming? Portability is one of the most resonant features in recent years in the video game industry....
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Steve Jobs Told Zynga In-App Purchases Were 'Stupid.' 15 Years Later, The 'FarmVille' Creator Lands Biggest Video Game Deal Ever
Sunday, November 27, 2022 - 10:48am | 596One of the biggest news items of early 2022 was Take-Two Interactive Software, Inc.'s (NASDAQ: TTWO) $12.7-billion acquisition of Zynga. Zynga founder Mark Pincus shared the story of the company's early days and some lessons along the way. What Happened: The mobile game company,...
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Take-Two Q2 Earnings Highlights: Shares Hit On Updated Guidance, Here's What The Company Says
Monday, November 7, 2022 - 6:33pm | 400Video game company Take-Two Interactive Software (NASDAQ: TTWO) reported second-quarter financial results after market close Monday. Here are the key highlights. What Happened: Take-Two Interactive reported GAAP revenue of $1.4 billion, up 62% year-over-year. The company reported net bookings of $1...
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Roblox Q2 Earnings: Sellers Out In Force After Revenue, EPS Miss, Lower Bookings
Tuesday, August 9, 2022 - 4:33pm | 383Gaming company Roblox Corporation (NYSE: RBLX) reported second-quarter financial results after market close Tuesday. Here are the key highlights. What Happened: Roblox reported second-quarter revenue of $591.2 million, up 30% year-over-year. The revenue came in shy of a Street estimate of $645...
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Are Netflix Subscribers Playing Its Video Games? Here's The Latest Data
Tuesday, August 9, 2022 - 1:29pm | 696Streaming giant Netflix Inc (NASDAQ: NFLX) has seen its base of subscribers decline in 2022. Video games and an ad-supported plan could be among the growth areas for the company. A new report shows the company’s early role in the video game sector might be underwhelming. What Happened: Data...
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Take-Two Investors Pull Back On Q1 Earnings: Company Updates Guidance With Zynga Acquisition, Highlights 'Strong' Video Game Pipeline
Monday, August 8, 2022 - 4:47pm | 488Video game company Take-Two Interactive Inc (NASDAQ: TTWO) reported first quarter financial results after the market close Monday. Here are the key highlights for investors. What Happened: Take Two reported first-quarter GAAP net revenue of $1.1 billion, up 36% year-over-year. Net bookings were $1...
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Electronic Arts Q1 Earnings Highlights: Revenue Beat, FIFA Mobile Hits Company Record, Guidance And More
Tuesday, August 2, 2022 - 4:25pm | 375Video game company Electronic Arts Inc (NASDAQ: EA) reported first-quarter financial results after the market close Tuesday. Here are the key highlights. What Happened: Electronic Arts reported first-quarter revenue of $1.767 billion, a 13.9% year-over-year increase. The total came in ahead of a...