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Business 10 Jun 2019 | 12:00 AM

Star Wars video game creator tests new formats to rival Fortnite

LOS ANGELES: Electronic Arts Inc, creator of a Star Wars line of video games, showed off two of its newest titles, illustrating how the industry is wrestling to compete with the runaway success of Fortnite.

Business 22 Apr 2019 | 12:00 AM

US startup tries remote-control trucks

FOR four days in February, Ben Shukman showed up to his office at Phantom Auto in Mountain View, California, sat down in front of a bank of computer screens with a steering wheel in a darkened room, and began driving. As the 25-year-old turned the wheel in Silicon Valley, an empty truck 2,500 miles away in Atlanta picked up semi trailers and towed them around a warehouse lot.

Technology 20 Feb 2019 | 12:50 PM

Tencent to maintain aggressive investment stance in face of challenging 2019

HONG KONG (Reuters): Tencent Holdings Ltd said investment is central to its overall strategy and so it will maintain its scale of investment after an aggressive 2018, brushing aside near-term risks such as the bursting of China’s tech bubble as economic growth slows.

Business 20 Feb 2019 | 12:00 AM

Facebook researching new breed of semiconductor

LONDON: Facebook Inc’s chief AI researcher has suggested the company is working on a new class of semiconductor that would work very differently than most existing designs.

Business 31 Dec 2018 | 12:00 AM

China ends freeze on video game licensing

HONG KONG: China has ended a nine-month freeze on video games, approving 80 new titles for commercial release, the Financial Times reported, citing the country’s top media regulator.

Business 16 Aug 2018 | 12:00 AM

China to freeze game approvals amid agency shake-up

HONG KONG: China’s regulators have frozen approval of game licenses amid a government shake-up, according to people familiar with the matter, throwing the world’s biggest gaming market into disarray.

Business 27 Jul 2018 | 12:00 AM

Mattel disappoints with Q2 results, announces job cuts

BENGALURU: Mattel Inc’s quarterly sales missed analysts’ estimates on Wednesday, weighed down by the absence of a big movie tie-in in the quarter, while the liquidation of key customer Toys “R” Us continued to hurt the US toy maker.

Corporate News 18 Jun 2018 | 12:00 AM

Don’t fear China’s industrial juggernaut

WASHINGTON is working up a sweat over China’s industrial policies. There are fears Beijing will build technology companies and advanced manufacturers capable of squashing American rivals by lavishing aid on favoured sectors. Many of the tariffs the US plans to impose are aimed at products generated by this state-led agenda, most of it under the “Made in China 2025” programme.

Corporate News 14 Jun 2018 | 5:17 AM

Nintendo’s Fils-Aime hits back at analysts as stock declines

LOS ANGELES: Nintendo Co. executive Reggie Fils-Aime is fighting back against the view that the game maker is running out of surprises, a sentiment that has fueled the company’s worst stock rout in almost three years.

Business 08 Jun 2018 | 12:00 AM

PwC: Traditional media remains relevant

PETALING JAYA: Traditional media has remained relevant amid challenges from the digital space, which is also growing.