Business

Sales of video games hit UK record in 2020

The video games market in Britain saw record sales of £7 billion ($9.7 billion, 8.3 billion euros) in 2020, as months of lockdown prompted people to invest in new games and consoles.

Business

Microsoft buys game maker Activision Blizzard for about $70B

Microsoft is paying nearly $70 billion for Activision Blizzard, the maker of Candy Crush and Call of Duty, as it seeks an edge in the fiercely competitive businesses of mobile gaming and virtual-reality technology.

Business

Google shutters internal Stadia game studio

Google is closing the internal studio tasked with developing games for its Stadia cloud-gaming service, a move that raises questions about the future of the Stadia service itself.

Business

Microsoft's Activision takeover bid dealt setback in UK

Microsoft's planned $69-billion takeover of video game giant Activision Blizzard could significantly harm competition and consumer choice, UK regulators concluded in provisional findings Wednesday.

Automotive

Volkswagen lowers sales outlook as chip shortage hits profit

Volkswagen lowered its forecast for deliveries to customers Thursday and reported a decrease in operating profits for the third quarter as the global shortage of semiconductors disproportionately hit the company's business ...

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