With video-game players increasingly sticking with the titles they’ve been hooked on for years, leaders in the $184 billion industry are cutting thousands of staffers and canceling riskier projects. Over 6,400 video-game workers have lost their jobs over the past two months at companies such as Microsoft Corp., Embracer Group AB and Tencent Holdings Ltd.’s … Read more
Microsoft / . Microsoft just released the latest episode of the Official Xbox Podcast, and it contained lots of crucial details on the future of Xbox. Microsoft addressed everything from how many games it will make multiplatform to the arrival of Activision Blizzard games on Xbox Game Pass to future Xbox hardware. If you don’t … Read more
Screenshot: Bandai Namco With games like the Resident Evil 4 remake and Death Stranding becoming playable on iPhones, it seems like just about anything can be a mobile game these days. Even Elden Ring, developer FromSoftware’s 2022 open-world RPG, could be coming to phones. At least that’s according to a recent report from news outlet … Read more
including an Xbox Series S (L) and Xbox Series X, taken on October 27, 2020. (Photo by Phil Barker/Future Publishing via Getty Images) Future Publishing via Getty Images Microsoft showed a big boost in gaming revenue in its recent earnings call, elevated, of course, by its newfound acquisition of Activision Blizzard. However, the “Xbox” in … Read more
Listen to The Big Take podcast on iHeart, Apple Podcasts, Spotify and the Bloomberg TerminalBloomberg Terminal. Microsoft recently cut 1,900 jobs from its gaming division and among the layoffs were many at the recently acquired video game developer Activision Blizzard. Blizzard Entertainment’s President Mike Ybarra and co-founder Allen Adham are both departing. The tech giant … Read more
Some more industry news has broken this week, and this time it relates to Microsoft’s Xbox division, which last year finalised its acquisition of Activision Blizzard and has in recent times reiterated its support for Nintendo platforms. In a message from the Xbox and Microsoft gaming boss Phil Spencer (via IGN), it’s been revealed 1,900 … Read more
As part of the reorganisation, Blizzard also parted ways with president Mike Ybarra and chief design officer Allen Adham, one of the company’s co-founders. Blizzard said its new president will be announced next week. The Blizzard Entertainment campus in Irvine, California. Photo: Getty Images/TNS The maker of many hit games, including World of Warcraft and … Read more
Image: Nintendo Life After a lot of courtroom drama, Microsoft last week announced it had officially acquired Activision Blizzard as well as mobile giant King. Head of Xbox Phil Spencer has now appeared on the Official Xbox Podcast to discuss the acquisition and Call of Duty has once again come up in conversation. Phil took … Read more
Global antitrust counsel advised on 17 review processes worldwide to secure largest-ever gaming industry deal Microsoft’s $68.7bn acquisition of video game maker Activision Blizzard has closed after the deal’s final big hurdle – approval from the UK’s Competition and Markets Authority (CMA) – was secured. The merger – the largest ever in the gaming industry … Read more
The long-awaited green light from the UK competition watchdog for Microsoft Corp.’s $69 billion takeover of games publisher Activision Blizzard Inc. should prompt some self-criticism all round. The UK reached a good outcome but in a needlessly drawn-out and volatile manner. Microsoft’s inappropriate public berating of the UK was reputationally damaging for the software giant … Read more