Tag: Nintendo Switch

Microsoft’s Potential Acquisition of Activision Blizzard: What This Means for Gamers
Technology

Microsoft’s Potential Acquisition of Activision Blizzard: What This Means for Gamers

[ad_1] The sun finally came out for Microsoft. On 11 July, Judge Jacqueline Corley ruled in favor of the Redmond, Washington-based company in its dispute against the United States Federal Trade Commission (FTC) over the purchase of Activision Blizzard, one of the world's largest video game developers. An appeal by the FTC to temporarily halt the deal was denied by an appellate court late last week.With these decisions, the tech giant is now one step closer to closing the $69 billion acquisition deal, which was first announced back in January 2022. The court's decision removes the hurdle of the FTC, however, across the pond, Microsoft still faces pushback from regulators in the United Kingdom who argue that the deal could stifle competition in the cloud gaming market. And Microsoft is re...
Nintendo Must Plot an Exit From Switch’s Uncharted Territory
Technology

Nintendo Must Plot an Exit From Switch’s Uncharted Territory

[ad_1] The moment that Nintendo Co. investors have dreaded for years is finally here: peak Switch. Sales of its mainstay console are falling, along with profits. The Kyoto firm cut its outlook for the year ending March to 18 million units after a disappointing holiday season. During the height of the pandemic, it shifted nearly 29 million machines. President Shuntaro Furukawa says the company's entering “uncharted territory” with the Switch, which first went on sale six years ago this Friday, set to become its longest-selling piece of premier home hardware. With 122 million sold to date, it's also the bestselling — but with no sign of a successor, some investors fret that the firm is over-confident in its longevity. In the past, profits and share price have been tightly connected ...