Video game publisher Take-Two’s quarterly booking forecast disappoints
By Zaheer Kachwala (Reuters) - Take-Two Interactive Software forecast fourth-quarter bookings below market expectations and cut its annual estimates on Thursday, on signs of weak demand for its gaming titles such as "NBA 2K", sending its shares plunging 10% after the
TikTok owner ByteDance in talks with Tencent, others to sell gaming assets
By Josh Ye HONG KONG (Reuters) - TikTok owner ByteDance said on Tuesday it is in talks with multiple prospective buyers of its gaming assets, including the world's largest video games company, Tencent, as the Chinese social media firm retreats from
ByteDance says to restructure Nuverse in retreat from gaming business
By Josh Ye HONG KONG (Reuters) - TikTok maker ByteDance plans to wind down its Nuverse gaming brand and retreat from mainstream video games, four people familiar with the matter said. ByteDance told Reuters it had decided to restructure its gaming business
Sony facing $7.9 billion mass lawsuit over PlayStation Store prices
By Sam Tobin LONDON (Reuters) - Sony must face a mass lawsuit worth up to 6.3 billion pounds ($7.9 billion) over claims the PlayStation maker abused its dominant position leading to unfair prices for customers, a London tribunal ruled on Tuesday. Sony