News

Roses are red, Meta is blue, Reality Labs lost $4.5 billion during Q2
Roses are red, Meta is blue, Reality Labs lost $4.5 billion during Q2
In news you can file under 'painfully predictable,' Meta spent another quarter burning through the GDP of a small nation in a bid to birth the metaverse.
Aug. 1, 2024
EA Q1 results exceed its expectations despite 30% drop in income
EA Q1 results exceed its expectations despite 30% drop in income
Electronic Arts published its financials results for the first quarter of FY2025. Despite a decline across key metrics,…
July 31, 2024
Activison continues to boost Xbox revenues but hardware sees further decline
Activison continues to boost Xbox revenues but hardware sees further decline
Microsoft's results for the final quarter of its financial year are in, showing continued growth in overall gaming reve…
July 31, 2024
Xbox hardware revenue is in decline, but Microsoft says subscriptions and content define success
Xbox hardware revenue is in decline, but Microsoft says subscriptions and content define success
Xbox hardware revenue dipped by 13 percent across the last fiscal year, and Microsoft expects that trend to continue.
July 31, 2024
EA beats net bookings expectations in Q1, feels record-breaking Q2 could be on the cards
EA beats net bookings expectations in Q1, feels record-breaking Q2 could be on the cards
The publisher is optimistic about the prospects of a release slate featuring EA Sports FC 25, Madden NFL 25, and Dragon Age: The Veilguard.
July 31, 2024
Net sales down at Capcom, but company on track to meet financial targets
Net sales down at Capcom, but company on track to meet financial targets
The Japanese publisher said it's outperforming internal expectations.
July 30, 2024
Capcom games sales down 44% during Q1 FY25
Capcom games sales down 44% during Q1 FY25
Capcom released its financial results for the first quarter of the financial year ending on March 31, 2025, with games …
July 29, 2024
Paradox Interactive profits drop 90% due to Life By You cancellation
Paradox Interactive profits drop 90% due to Life By You cancellation
Paradox Interactive's profits have significantly dropped by 90% following the cancellation of Life By You.
July 26, 2024
Hasbro CEO: "We're going all in on becoming a digital play company"
Hasbro CEO: "We're going all in on becoming a digital play company"
As part of Hasbro's Q2 financial results, CEO Chris Cocks has expressed the company's commitment to focus on "digital p…
July 26, 2024
Improbable achieves profitability for the first time
Improbable achieves profitability for the first time
Tech firm Improbable has posted its first full-year profit, recording £11 million in the black for 2023.
July 25, 2024
Ubisoft outperform targets as back-catalogue, digital, and bookings all increase in Q1 24-25
Ubisoft outperform targets as back-catalogue, digital, and bookings all increase in Q1 24-25
Ubisoft has released its results for the first three months of the financial year, stating the quarter was "marked by s…
July 18, 2024
EA CEO Andrew Wilson earned $25.6 million in FY2024
EA CEO Andrew Wilson earned $25.6 million in FY2024
Electronic Arts CEO Andrew Wilson's compensation increased 22% year-on-year to over $25.6 million for the fiscal year e…
June 18, 2024