Tag: playstation

Microsoft-Activision deal: Key things to know
27Apr By adminNo Comments
Technology

Microsoft-Activision deal: Key things to know

[ad_1] Microsoft on Wednesday faced its biggest challenge yet in its effort to buy US video game powerhouse Activision Blizzard, with the decision by the UK to block the deal.The transaction, which was expected to be finalized this year, would beef up Microsoft's muscle in the booming gaming market while playing to its strengths in software and cloud computing. Here are key things to know about the blockbuster transaction: - Video game titans -Buying Activision, the maker of "Call of Duty" and "Candy Crush", would make Microsoft the third-largest gaming company by revenue, behind Tencent and Sony.China-based Tencent is the biggest player in terms of revenue, dominating the Asian market and investing in game studios across the world.The firm owns Riot Games, maker of battle royale hit "L...
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Microsoft’s bid to buy games giant faces triple anti-trust threat
17Apr By adminNo Comments
Technology

Microsoft’s bid to buy games giant faces triple anti-trust threat

[ad_1] Depending on which side you're on, tech giant Microsoft is either the hero fighting to bring some of the most popular video games to more people, or the villain on the brink of killing competition in the sector.The Xbox-owner has embarked on a campaign to convince all three EU, UK and US regulators to back its $69 billion bid to take over Activision Blizzard, owner of hit games "Candy Crush" and "Call Of Duty". The effort to create the world's third largest gaming company by revenue was launched last year but the company must now address concerns from all three regulators that if it takes control of such market-leading games it could stifle competition. Sony, which produces the bestselling PlayStation console, says the deal will give Microsoft the power to limit rivals' access to...
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Microsoft tells UK it will license ‘Call of Duty’ to Sony for 10 years
9Mar By adminNo Comments
Technology

Microsoft tells UK it will license ‘Call of Duty’ to Sony for 10 years

[ad_1] Microsoft said it would license Activision Blizzard's "Call of Duty" (CoD) to Sony for 10 years to address concerns raised by Britain over its $69 billion takeover of the games maker, according to a document published by the regulator. Microsoft last month struck a similar deal with Nvidia Corp's gaming platform, dependent on it getting the go-ahead for the much-contested acquisition. Microsoft President Brad Smith had said he hoped that rival Sony - which has strongly opposed the takeover - would consider doing the same type of deal. Britain's Competition and Markets Authority (CMA) in February said the deal could weaken the rivalry between Microsoft's Xbox and Sony's PlayStation, and stifle competition in cloud gaming. It suggested that structural remedies could be nee...
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Sony’s gaming chief met EU’s Vestager on Microsoft’s Activision deal – Reports
27Jan By adminNo Comments
Technology

Sony’s gaming chief met EU’s Vestager on Microsoft’s Activision deal – Reports

[ad_1] Sony's gaming chief Jim Ryan met EU antitrust chief Margrethe Vestager on Wednesday to discuss Microsoft's $69 billion bid for "Call of Duty" maker Activision Blizzard, a person familiar with the matter said on Thursday. The meeting came as the EU competition watchdog prepares to warn Microsoft this week about the potential anti-competitive effects of the U.S. software giant and Xbox maker's acquisition in the biggest gaming industry deal in history. Microsoft is looking to Activision to help it compete better with leaders Tencent and Sony. The latter has criticised the deal and even called for a regulatory veto. The person declined to provide details of the discussion between Ryan and Vestager. The European Commission, which is scheduled to rule on the deal by April 11, ...
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At CES 2023, Sony’s ‘Gran Turismo’ flags new entertainment strategy
5Jan By adminNo Comments
Technology

At CES 2023, Sony’s ‘Gran Turismo’ flags new entertainment strategy

[ad_1] When Sony Corp Group teases “Gran Turismo,” its long-awaited adrenaline-fueled film adaptation of Sony PlayStation's hit car-racing franchise at the CES 2023 technology trade show this week, it will really be showing off its new identity as a content-driven company.The movie reflects the transformation of the maker of the Walkman and Bravia TVs from a primarily hardware-focused innovator to broad-based entertainment provider. It also represents a significant bridging of the divides between Sony Pictures Entertainment, Sony PlayStation and Sony Music, according to a dozen current and former senior executives interviewed by Reuters. “I defined our identity as a creative entertainment company with a solid foundation on technology,” Sony chief executive Kenichiro Yoshida said. The f...
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Microsoft claims to have no idea why ‘Call of Duty’ franchise is special
4Jan By adminNo Comments
Technology

Microsoft claims to have no idea why ‘Call of Duty’ franchise is special

[ad_1] Last year in January Microsoft announced it would spend USD 68.7 billion to acquire Activision Blizzard, highlighting how it would get 'Call of Duty', 'Warcraft' and 'Candy Crush' for that fee. American tech multinational Microsoft, which a year ago announced its plans to acquire Activision Blizzard, might keep 'Call of Duty', the video game company's iconic franchise, from appearing on Sony's PlayStation. According to The Verge, an American technology news website, last year in January Microsoft announced it would spend USD 68.7 billion to acquire Activision Blizzard, highlighting how it would get 'Call of Duty', 'Warcraft' and 'Candy Crush' for that fee. However, the new website has reported that Microsoft's lawyers are suddenly pretending they have no idea why 'Call of...
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Google Game-Streaming Service Stadia to be killed off
30Sep By adminNo Comments
Technology

Google Game-Streaming Service Stadia to be killed off

[ad_1] Google said it will terminate services for Stadia, its troubled cloud gaming service, after it failed to gain traction with players. Google said it will terminate services for Stadia, its troubled cloud gaming service, after it failed to gain traction with players almost three years after its launch. Stadia was an attempt from Alphabet Inc.'s Google to take on the video game console giants with a platform of its own. Unlike traditional consoles, Stadia allowed users to play games on devices such as Android phones and Chromecast apps for TV, by funneling data directly from Google's server clusters. Its subscription cost $10 a month. “While Stadia's approach to streaming games for consumers was built on a strong tec...
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Sony PlayStation State of Play to livestream today; Check how and when to watch; windfall for PS5, PS4 users
13Sep By adminNo Comments
Technology

Sony PlayStation State of Play to livestream today; Check how and when to watch; windfall for PS5, PS4 users

[ad_1] Sony PlayStation State of Play will be held today, September 13. Know what to expect from this month’s digital event and how to watch the livestream. After a big gap, Sony has finally announced the PlayStation State of Play for the month of September. The digital event will take place today, September 13. The show will feature 20 minutes of “reveals, new updates and fresh gameplay footage for 10 games coming to PS5, PS4, and PS VR2”. Sony also revealed that tonight's show will also feature updates from the company's Japanese partners along with a few other “surprises” from developers across the globe. If you want to know what games Sony PlayStation will bring in the near future and what the company is working on, you n...
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Sony Playstation Overcharging? Company Faces UK Suit Seeking £5 Billion for Gamers
23Aug By adminNo Comments
Technology

Sony Playstation Overcharging? Company Faces UK Suit Seeking £5 Billion for Gamers

[ad_1] Sony Playstation is facing the prospect of a UK class action suit over allegations it “ripped” consumers off by overcharging for games an in-game purchases. Sony Playstation is facing the prospect of a UK class action suit over allegations it “ripped” consumers off by overcharging for games an in-game purchases. The lawsuit, filed at London's Competition Appeal Tribunal, accuses the games console maker of abusing its market dominance by imposing unfair conditions on developers who then pass on “excessive and unfair” prices to consumers. “The drive towards in-game purchases allows companies like Sony to profiteer and abuse their power because they have a captive audience,” Alex Neill, leading the claim, said. “Sony kno...
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