Take-Two Interactive Software Inc. , the publisher of “Grand Theft Auto” video games, beat analysts’ estimates for third-quarter profit with sales of its basketball game. The company raised its fourth-quarter forecast.
Netflix Inc., scheduled to report fourth-quarter results today, will seek to reassure investors that it has stemmed a subscriber revolt in the U.S. and is making progress toward a profit in Europe and Latin America.
Zynga Inc. had its biggest decline in two months after reporting that most of the growth in virtual goods sales is coming from mobile players -- who, according to analysts, tend to spend less on online games.
Facebook Inc.’s initial public offering will give Chief Executive Officer Mark Zuckerberg access to more than $15 billion that may step up the pace and size of acquisitions after a $1 billion deal for Instagram.
Netflix Inc.’s effort to secure a place for its video-subscription service on Time Warner Cable Inc. set-top boxes is on hold now that the cable operator is being sold, people with knowledge of the matter said.