Sony gaming margin questioned after PS5 sales cut sparks stock plunge

Sony gaming margin questioned after PS5 sales cut sparks stock plunge

The PlayStation DualSense controller and PlayStation 5 console. Jakub Porzycki | Nurphoto | Getty Images Sony this week announced it now expects to sell 21 million units of the PS5 in the fiscal year ending in March, compared with a previous forecast of 25 million units. The company’s shares fell after the announcement, with around … Read more

Microsoft-Activision Blizzard takeover approved by UK regulator CMA

Microsoft-Activision Blizzard takeover approved by UK regulator CMA

Microsoft logo is seen on a smartphone placed on displayed Activision Blizzard logo in this illustration taken January 18, 2022. Dado Ruvic | Reuters Britain’s top competition watchdog on Friday gave the green light to Microsoft’s proposed $69 billion takeover of gaming firm Activision Blizzard, removing the last major hurdle for the deal to close. … Read more