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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.
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.
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.
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.
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.
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.
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.