The video game industry is experiencing sluggish growth in 2024 for several reasons Slow console sales Gaming console sales have not met expectations. For example, sales of Sony’s PlayStation 5 have decreased from 3.3 million units in the same period last year to 2.4 million units in the fiscal firstRead More →
Microsoft has confirmed problems with accessing its Xbox gaming platform and Teams messaging app in the UK and Europe have now been resolved. More than 1500 people in the UK reported issues with Xbox Live, according to the outage tracker Downdetector. A similar number also said there were problems withRead More →
Nintendo reported better-than-expected sales and profit for fiscal Q2 on Tuesday 6th November 2023 as it continues to benefit from the Zelda game released this year and from the Super Mario Movie. Nintendo said it sold 6.84 million Switch consoles in the April to September period, up 2.4% year-on-year. TheRead More →
Gaming industry’s biggest ever takeover deal Microsoft’s $69 billion revised offer to buy Call of Duty-maker Activision Blizzard has been approved by UK regulators. The Competition and Markets Authority (CMA) said the deal addressed its concerns, after the watchdog blocked the original $69bn (£59bn) bid in April 2023. The greenRead More →