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TechCrunch· 2025-07-16 17:05
Call of Duty cheaters complain after Activision launches new wave of mass-bans | TechCrunch https://t.co/hq43sMScK2 ...
X @TechCrunch
TechCrunch· 2025-07-08 18:49
Game Security Incident - Activision removed Call of Duty game due to PC player hacks [1] Technology & Security - The incident highlights potential vulnerabilities in PC game security [1]
Microsoft plans 'substantial' job cuts across Xbox division
Fox Business· 2025-06-25 17:20
Group 1 - Microsoft is planning substantial job cuts in its Xbox division as part of an ongoing reorganization, marking the fourth downsizing in 18 months [1] - The company has been reducing its workforce over the past two years to streamline processes and improve efficiency, with nearly 6,000 layoffs announced in May 2023 [4][7] - Executives in the gaming unit are under pressure to increase profitability following the $69 billion acquisition of Activision Blizzard in 2023 [9] Group 2 - The layoffs began in 2023 as the tech sector adjusted after over-hiring during the pandemic, with Microsoft cutting 10,000 jobs in response to macroeconomic conditions [7] - Microsoft has faced legal challenges regarding its acquisition of Activision Blizzard, but recently won a legal battle against the Federal Trade Commission [10]
Sea Limited's Gaming Growth Accelerates: Can Garena Push It Higher?
ZACKS· 2025-06-10 17:31
Key Takeaways Garena bookings jumped 51.4% to $775.4M, driven by Free Fire and a key NARUTO SHIPPUDEN collaboration. User base hit 661.8M with higher monetization; EBITDA margin reached 59% on operational efficiency. SE expects double-digit growth ahead, led by the Delta Force Mobile launch and Free City pre-registration.Sea Limited’s (SE) digital entertainment division, Garena, delivered an impressive first quarter of 2025, driven by the success of its flagship game, Free Fire, which is expected to susta ...
Sea(SE) - 2025 Q1 - Earnings Call Transcript
2025-05-13 12:30
Sea (SE) Q1 2025 Earnings Call May 13, 2025 07:30 AM ET Company Participants Elson Choi - Senior Manager, Investor RelationsForrest Li - Founder, Chairman & CEOTony Hou - CFOPang Vittayaamnuaykoon - Executive DirectorChris Feng - PresidentJohn Hyungwook Choi - Executive Director Conference Call Participants Piyush Choudhary - AnalystAlicia Yap - AnalystDivya Kothiyal - AnalystJiong Shao - Analyst Operator Good morning and good evening to all, and welcome to the Sea Limited First Quarter twenty twenty five R ...
Sea(SE) - 2025 Q1 - Earnings Call Presentation
2025-05-13 11:14
May 2025 First Quarter 2025 Results Disclaimer This presentation by Sea Limited ("Sea") contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "may," "could," "will," "expect," "anticipate," "aim," "future," "intend," "plan," "believe," "estimate," "likely to," "potential," "confident," "guidance," and similar statements. Among oth ...
Microsoft Stock After Xbox Price Hike: Buy or Hold?
MarketBeat· 2025-05-06 15:00
Microsoft TodayMSFTMicrosoft$436.06 -0.11 (-0.02%) 52-Week Range$344.79▼$468.35Dividend Yield0.76%P/E Ratio35.09Price Target$507.77Add to WatchlistMicrosoft Corporation NASDAQ: MSFT announced that prices for its popular Xbox gaming console will increase due to rising development costs associated with tariffs. The news, while logical, shows that technology stocks aren't completely insulated from the current tariff problems besetting the broader economy. Like most console manufacturers, Microsoft primarily m ...
Microsoft raises prices of Xbox video game consoles due to 'market conditions'
CNBC· 2025-05-01 16:18
Microsoft CEO Satya Nadella speaks during an event celebrating the 50th Anniversary of Microsoft in Redmond, Washington, on April 4, 2025.Microsoft said Thursday that it has increased the recommended retail prices of its Xbox video game consoles and some controllers globally due to "market conditions."The announcement, which also affects some new first-party games, means consumers will be paying more for consoles this holiday season as they reckon with higher costs from President Donald Trump's sweeping tar ...