Sony Corp.’s PlayStation 4 beat Microsoft Corp.’s Xbox One in U.S. console sales in May, extending its lead for a fifth straight month.
Microsoft Corp. and Sony Corp. took turns parading exclusive video-game titles and features as the competition between their rival video-game consoles turns toward the year-end holiday season.
Take-Two Interactive Software Inc. said first-day sales of “Grand Theft Auto V” topped $800 million worldwide, surpassing the record set by “Call of Duty: Black Ops II” last November.
HomeAway Inc.’s rising online vacation rental bookings may persuade suitors to tackle the most expensive Internet deal since 2007 as an improving economy spurs a rebound in travel.
Electronic Arts Inc. named Andrew Wilson, the head of its sports games and a leader in the emerging digital businesses, as chief executive officer, passing over two more senior officials.
GameStop Corp. tumbled the most in 11 years after the video-game retailer cut its earnings forecast because of lower-than-expected sales of games and reduced profit margin from consoles in the holiday period.
Zynga Inc. soared the most since its initial public offering after saying it will cut 15 percent of its staff and buy a popular mobile developer for $527 million.
Take-Two Interactive Software Inc. said retail sales of its “Grand Theft Auto V” video game surpassed $1 billion in three days, hitting that mark faster than any other game or movie.
Take-Two Interactive Software Inc., the maker of “Grand Theft Auto V,” fell the most in 18 months after the video-game company’s forecast for the current quarter fell short of analysts’ estimates.
"GameStop is well positioned to benefit from a renewed growth period within the console video game industry driven by adoption of the PS4 and Xbox One."
- Michael Olson on Jun 17, 2014
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