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Oct 29, 2014

Take-Two raises 2015 forecast, revenue surpasses estimates

SAN FRANCISCO (Reuters) – Video game publisher Take-Two Interactive Software raised its 2015 forecast on Wednesday as titles such as “Grand Theft Auto” and “NBA 2K14″ fuel robust sales and drove better-than-expected results in its fiscal second quarter.

Shares of Take-Two rose 5 percent in after-hours trading. They closed at $22.80 on the Nasdaq on Wednesday.

Oct 28, 2014

Electronic Arts raises 2015 forecast, profit beats estimates

SAN FRANCISCO (Reuters) – Videogame publisher Electronic Arts Inc (EA.O: Quote, Profile, Research, Stock Buzz) raised its 2015 forecast and reported stronger-than-expected second-quarter results on Tuesday, on cost controls and strong digital sales from titles including “FIFA” and “Madden.”

The Redwood City, California-based company said it expects $4.18 billion in non-GAAP revenue and non-GAAP net income of $2.05 per share in fiscal 2015. It had previously forecast $4.1 billion in revenue and $1.85 per share in profit.

Sep 19, 2014

Some consumers say Apple is losing its ‘cool’ factor

SAN FRANCISCO (Reuters) – Holly Riggle, a 29-year-old white-collar worker from Ohio, is just the kind of everyday customer Apple Inc (AAPL.O: Quote, Profile, Research, Stock Buzz) would love to have for its new iPhone 6, which launches Friday.

But Riggle is sticking to her Android smartphone, calling Apple less ”original” than it was under former chief executive Steve Jobs. She’s one of the 16 percent of respondents in a Reuters/Ipsos poll who said Apple had become somewhat or much less cool in the last two years.

Sep 3, 2014

Samsung launches virtual reality headset for Galaxy Note 4

Sept 3 (Reuters) – Samsung Electronics Co Ltd
has launched a virtual reality headset for its new Galaxy Note 4
phablet using technology from Oculus VR, a company that Facebook
Inc acquired for $2 billion.

The wireless headset, called Samsung Gear VR Innovator
Edition, allows users to watch videos and play games in a
virtual reality setting.

Aug 26, 2014

Twitch gamers lead online march to live video streaming

SAN FRANCISCO/LOS ANGELES, Aug 25 (Reuters) – Amazon.com Inc
tracked Twitch’s evolution from scrappy guerrilla
startup to one of the Internet’s hottest media properties. On
Monday, it announced a near-$1 billion acquisition to get into
one of the fastest-growing online arenas: live-streaming video.

Amazon’s $970 million bet – its largest ever – underscores
how a loyal and fast-growing following for live-streaming video
has grabbed the attention of big brands. Some believe live and
interactive streaming, in which Twitch is a pioneer, is the new
frontier in online video.

Aug 25, 2014

Amazon snaps up live video startup Twitch for $970 million cash

SAN FRANCISCO (Reuters) – Amazon.com Inc (AMZN.O: Quote, Profile, Research, Stock Buzz) on Monday said it will buy live-streaming gaming network Twitch Interactive for about $970 million in cash, marking one of the U.S. e-commerce company’s largest deals to date.

The move reflects Amazon’s mounting investments in original television and gaming content over the last few years as the company branches out into businesses beyond retail.

Aug 25, 2014

Amazon snaps up live video startup Twitch for $970M cash

SAN FRANCISCO, Aug 25 (Reuters) – Amazon.com Inc on
Monday said it will buy live-streaming gaming network Twitch
Interactive for about $970 million in cash, marking one of the
U.S. e-commerce company’s largest deals to date.

The move reflects Amazon’s mounting investments in original
television and gaming content over the last few years as the
company branches out into businesses beyond retail.

Aug 25, 2014

Sony says PlayStation network back online, user information safe after attack

SAN FRANCISCO/TOKYO, Aug 25 (Reuters) – Sony Corp’s
PlayStation Network was back online on Monday following a cyber
attack that took it down over the weekend, which coincided with
a bomb scare on a commercial flight carrying a top Sony
executive in the United States.

Sony said on its PlayStation blog that its PlayStation
network had been taken down by a denial of service-style attack,
which overwhelmed the system with traffic, but did not intrude
onto the network or access any of its 53 million users’
information.

Aug 25, 2014

Sony says Playstation users’ information safe after hackers target game sites

SAN FRANCISCO/TOKYO (Reuters) – Sony Corp (6758.T: Quote, Profile, Research, Stock Buzz) said hackers had taken down its PlayStation Network without compromising its 53 million users’ personal data, while the FBI was investigating a bomb scare on a flight carrying a top Sony executive in the United States.

The hackers behind the PlayStation attack said they had also targeted the servers of World of Warcraft video gamemakers Blizzard Entertainment, whose website was down, and threatened to attack Microsoft Corp’s (MSFT.O: Quote, Profile, Research, Stock Buzz) Xbox Live network which was also experiencing problems.

Aug 21, 2014

Exclusive: Ouya scores Xiaomi partnership to take games to China

SAN FRANCISCO (Reuters) – U.S video game service Ouya is turning to Asia to capture the growth that has eluded the startup on its own home turf.

The Santa Monica, California-based firm has partnered with Xiaomi Inc to take its games to Chinese living rooms via the smartphone maker’s new streaming boxes and “smart” TVs, an Ouya executive and a source at Xiaomi close to the deal told Reuters.