Gaming software
Assassin’s Creed maker Ubisoft plunges 18% as outlook fails to impress
Artwork for Ubisoft’s upcoming “Assassin’s Creed Shadows” game. John Keeble | Getty Images Shares of Ubisoft sank 18% on Thursday after the French video game firm reported full-year earnings that disappointed investors. Ubisoft reported a 20.5% drop in net bookings for the fiscal year ending March 31, 2025, as a strong performance of the company’s […]
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Nintendo forecasts sales of 15 million Switch 2 consoles as it gears up for launch
Attendees walk past an advertising board during the Nintendo Switch 2 Experience at the ExCeL London international exhibition and convention centre in London, Britain, April 11, 2025. Isabel Infantes | Reuters Nintendo said Thursday that it expects to sell 15 million units of its new Switch 2 console in the fiscal year ending March 2026. […]
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Microsoft wins appeal in FTC challenge to $69 billion Activision Blizzard deal
An Activision Blizzard’s Call of Duty: Modern Warfare video game is inserted into Microsoft’s Xbox One video game console. Michael Ciaglo | Bloomberg | Getty Images A federal appeals court on Wednesday rejected a legal challenge by the Federal Trade Commission to Microsoft‘s $69 billion purchase of “Call of Duty” maker Activision Blizzard. The San […]
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Nintendo President Doug Bowser on the new Switch 2, tariffs and what’s next for the gaming giant
Nintendo on Wednesday unveiled details for the Switch 2. It’ll include a bigger screen and controllers and is a faster version than its predecessor, which sold more than 150 million units since its 2017 release. The Switch 2 will hit store shelves on June 5 for $449.99, up from $300 for the original Switch. Like […]
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Assassin’s Creed-maker Ubisoft’s shares surge 11% on deal to spin off top game franchises
Artwork for Ubisoft’s upcoming “Assassin’s Creed Shadows” game. John Keeble | Getty Images Ubisoft shares surged on Friday after the French video game publisher announced a deal to spin out some of its best-selling franchises. On Thursday, Ubisoft revealed plans to form a new gaming subsidiary, with Chinese technology giant Tencent investing 1.16 billion euros ($1.25 billion) […]
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Ubisoft spins out new unit for Assassin’s Creed and other games, Tencent to take $1.25 billion stake
On Jan. 9, Ubisoft said it was postponing the launch of “Assassin’s Creed Shadows” and had appointed advisors to review strategic options. Ina Fassbender | AFP via Getty Images Ubisoft on Thursday announced that it’s creating a new gaming subsidiary with Chinese technology giant Tencent investing 1.16 billion euros ($1.25 billion) into the unit. The […]
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Nintendo posts profit miss as it slashes Switch forecast again ahead of console’s successor
Nintendo has kept players interested in its ageing Switch console series through key games with characters such as Super Mario and Zelda. Charly Triballeau | AFP | Getty Images Nintendo on Tuesday reported weaker-than-expected top and bottom results for its fiscal third quarter, slashing its forecast for the Switch console ahead of the release of […]
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Who’d buy Ubisoft? Top potential suitors for beleaguered Assassin’s Creed maker
With Ubisoft’s latest Assassin’s Creed game facing delays and independent board members reviewing strategic options, analysts are speculating on whether the gaming giant may finally put itself up for sale. The beleaguered French publisher last week postponed the launch of its upcoming “Assassin’s Creed Shadows” game by another month and appointed advisors to review its […]
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Winning ticket for $1.22 billion lottery jackpot sold in California, Mega Millions says
A customer plays Mega Millions lottery at the Downtown Miami Souvenirs store on December 26, 2024 in Miami, Florida. Joe Raedle | Getty Images At least one Mega Millions player has plenty of dough to ring in the New Year after drawing the winning number. After three months without anyone winning the top prize in […]
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Chinese self-driving trucking company pivots to generative AI for video games
Key Points Chinese autonomous trucking company TuSimple has rebranded to CreateAI, with a focus on video games and animation, the company announced Thursday. Now, just over two years after CEO Cheng Lu rejoined the company in the role after being pushed out, he expects the business can break even in 2026. CreateAI expects to lower […]
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