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Posts tagged @business

Yahoo buys social gaming software company PlayerScale

While Yahoo was in the news recently for its acquisition of Tumblr, it was also busy buying up another company this week: PlayerScale. PlayerScale's CEO Jesper Jensen announced the company's acquisition on its official site. Founded in 2011, PlayerScale creates software that aids developers in ...

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Microsoft wants to sell another 25 million Xbox 360 consoles

Despite all this Xbox One whoopla going on, Microsoft hasn't forgotten about its other horse in this console dog and pony show. In fact, the company hopes to continue to move substantial numbers of the Xbox 360 over the next five years, according to senior vice president of Interactive ...

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Microsoft cleared of Motorola patent violation claim

The International Trade Commission has decided not to review the decision made last March by the administrative law judge presiding over Motorola's patent infringement case against Microsoft, thereby validating the judge's findings – which were in favor of Microsoft – and closing the ...

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GameStop stock closes week down 19%

GameStop's stock concluded the trading week down 19 percent, attributable to continuing investor concerns over Xbox One's used games market solution. The most volatile decline occurred after a report out of the UK this morning claimed GameStop's margins in the pre-owned market would be affected by ...

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EA expects to publish for current systems through 2017

Speaking at the Stifel 2013 Technology Conference in New York this week, EA CFO Blake Jorgensen said that EA plans to publish games on the current generation of consoles through 2017 at least. According to Gamespot's report, Jorgenson also discussed EA's exclusive Star Wars deal and specifically ...

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Gamestop: 'Xbox has said that they do support' used games market

Gamestop's approach to the Xbox One's nebulous pre-owned game policies – which may include charging players a fee for booting up a used game – involves emphasis on digital adaptation, and letting Microsoft do the talking. "I figured that question would come up," Gamestop President ...

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Gamestop Q1 sales and profits down, mobile/digital sales up

Gamestop's financial data for the first quarter of its fiscal 2013 have arrived like a pizza with nearly 25 percent fewer toppings than the pizza you ordered during the same 13-week period last year. Also, cheesy bread sales are way up? This may not be the strongest analogy. In non-allegorical ...

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Sony considers splitting the company after proposed IPO

Sony executives are considering splitting the company's entertainment and electronics divisions, following billionaire Daniel Loeb's proposed initial public offering of its entertainment business. The entertainment arm includes all PlayStation properties, alongside Sony's film and music businesses. ...

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Report: Square Enix America CEO leaves, joins Amazon

Square Enix America CEO Mike Fischer left the company this month and is now vice president of digital music and video for Amazon in Japan, Polygon reports. This follows news in April that Square Enix America eliminated "a number of positions" and Fischer was expected to leave in May. Those same ...

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Atari Inc. seeks to generate $22M by auctioning assets in July

Atari Inc., the US branch of French parent company Atari S.A., filed for court approval this week to auction its assets in July. Those assets include the Atari logo, as well as the Test Drive, Rollercoaster Tycoon, Asteroids, and Pong franchises among others. As Reuters and the Wall Street ...

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