Sony reports Q4 revenue down 24% YoY to ~$17.7B, PlayStation 5 units sold in FY 24 down 11% YoY to 18.5M, and expects a ~$700M impact from US tariffs in FY 25
Silicon Valley Is Coming for the Pentagon's $1 Trillion Budget — The Trump administration wants startups to remake the US military …
Hacked files show Insomniac's challenges juggling teams, timelines, and budgets amid possible Sony cuts; Spider-Man 2 cost ~$300M, almost 3x Spider-Man's cost
Internal documents show how a big PlayStation studio plans its future — Insomniac Games quickly established itself …
Sony reports Q1 revenue up 33% YoY to $20.7B, PS5 sales up 38% YoY to 3.3M, operating income down 31% YoY to ~$782M, and expects to sell 25M PS5s by March 2024
Sony on Wednesday reported a 31% fall in profit in the first fiscal quarter as its life insurance unit dragged on its bottom line …
Sony has sold over 40M PS5s since its launch in November 2020, up from 10M in July 2021, despite the “unprecedented challenges of COVID” and supply chain issues
here's where to get it Robert Anderson / IGN : Sony's First PS5 Sale Debuts with Attractive Price Drops in the UK and Beyond Matthew Humphries / PCMag : Sony Blows Microsoft Out of...
The FTC files to appeal a US court ruling that cleared the way for Microsoft to acquire Activision Blizzard; the existing TRO expires at 11:59pm PT on July 14
The Federal Trade Commission (FTC) says it is appealing a recent US federal court order that cleared the way for Microsoft to purchase Activision Blizzard.
Sources: Microsoft cuts jobs in its Surface, HoloLens, and Xbox units; heavy cuts to the HoloLens hardware team raise questions about the goggles' third version
Microsoft Corp., implementing the layoff of 10,000 workers announced last month, on Thursday cut jobs in units including Surface devices …
Microsoft, GitHub, and OpenAI told a San Francisco federal court to dismiss a proposed class action lawsuit against Copilot, citing fair use of open-source code
Blake Brittain / Reuters :
China's online game regulator approves 45 foreign video games, including Nintendo's Pokémon Unite, effectively marking the end of Beijing's crackdown
Josh Ye / Reuters :
Sources: the FTC plans to file an antitrust lawsuit to block Microsoft's $69B Activision Blizzard deal, as FTC staff are skeptical of the companies' arguments
The Federal Trade Commission is likely to file an antitrust lawsuit to block Microsoft's $69 billion takeover …
Netflix beats with Q3 revenue up 5.9% YoY to $7.93B, $1.4B net income, down from $1.45B YoY, 2.4M net global subscribers added, vs. 1.09M est.; stock is up 10%+
- Netflix beat third-quarter expectations on the top and bottom lines Tuesday. — The company said it added 2.41 million …
Sources: leading chip tool makers are warning clients they will have to wait up to 18 months for crucial machines, citing shortages of lenses, valves, and more
TAIPEI — Chipmakers trying to expand production capacity are having to wait a year and a half or longer for key equipment …
Sources: in recent weeks, CEO Bobby Kotick suggested Activision Blizzard make an acquisition, including of trade publications like Kotaku and PC Gamer
After a lawsuit and a Journal report, the company's stock was falling, board members were getting anxious—and the tech giant was ready to take a gamble