Video Game News
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Updated 4 minutes ago
Most U.S. stocks fell after paring early losses for a second day, as investors weighed prospects of economic growth with concern the Federal Reserve will reduce stimulus efforts.
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GameStop Corp., the world’s largest video-game retailer, fell as much as 4 percent after projecting quarterly profit that was lower than analysts’ estimates as consumers wait for new consoles to go on sale later this year.
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Vivendi SA moved its telecommunications chief Jean-Yves Charlier to SFR, bolstering leadership at the French mobile-phone unit ahead of a possible initial public offering.
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Nintendo Co. fended off a second U.S. patent-infringement case this month against its Wii video-game system, adding to a trend of companies fighting royalty demands and winning.
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As Microsoft gets ready to release its Xbox One later this year, the crucial battle for players will be fought outside the U.S. where the console lags. Yet many of the new features the company touted yesterday won't win over global gamers.
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Nintendo Co., the world’s biggest video-game maker, won a second U.S. patent-infringement case this month, successfully defending its Wii system and adding to a trend of companies fighting royalty demands and winning.
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In September 2006, Greenwich, Connecticut-based hedge fund Amaranth Advisors LLC collapsed after losing more than $6 billion in the natural-gas futures market. In “Hedge Hogs,” Barbara T. Dreyfuss tells the story of the math-whiz traders whose risky dance with deregulation led to the collapse.
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Microsoft Corp. unveiled its first new Xbox in almost eight years, seeking to position the console at the center of games and home entertainment against a growing roster of competitors that includes Apple Inc. to Facebook Inc.
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Walt Disney Co.’s ESPN sports television division fired several hundred workers today, part of a companywide drive to improve profitability.
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Microsoft Corp. is revamping the Xbox to fend off a breed of competitors ranging from Apple Inc. to Facebook Inc. Those companies were nowhere in gaming when the software maker debuted its last version five years ago.
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