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China soccer league signs deal to make online games
BEIJING: China’s top-flight soccer league has signed a deal with a local developer to produce online soccer games in its first foray into gaming as it searches for new sources of revenue.
Chinese football ventures into video games for new revenue
BEIJING: China’s top-flight soccer league has signed a deal with a local developer to produce online soccer games in its first foray into gaming as it searches for new sources of revenue.
China newspaper criticises Tencent’s top game
BEIJING: China is stepping up its scrutiny of online and mobile games, as the leading government-owned newspaper blasted Tencent Holdings Ltd’s top-grossing Honour of Kings for harming children in the pursuit of profit.
Facebook, Oculus execs ordered to pay $500m in virtual reality lawsuit
LOS ANGELES: Facebook's virtual reality subsidiary Oculus and its executives have been ordered by a Dallas jury to pay game developer ZeniMax Media $500 million in damages over copyright infringement and the violation of a non-disclosure agreement.
Nintendo returns to quarterly operating profit
OSAKA: Japanese video games maker Nintendo Co Ltd said revenue from its nascent mobile gaming division helped it book its first profit in four quarters, but blunted the announcement with a one-third cut to its full-year outlook.
Sony to take US$1bil writedown on movie business
TOKYO: Sony Corp said it will take a 112 billion yen (US$1 billion) writedown in its movie business after reviewing the future profitability of its operations.
J.K. Rowling’s Pottermore sees profit in current fiscal year
FRANKFURT: Pottermore, J.K. Rowling’s digital publishing company, expects to turn a profit in its current fiscal year, buoyed by rising sales of audio books and new e-books that build on the nearly 20-year-old Harry Potter franchise, the company said.
Putting life into creative content
PETALING JAYA: The local creative industry in Malaysia which includes animation, games and visual effects (VFX) has gained a lot of interest in the international market, recording 60% growth in exports to RM817mil last year.
Wall St rises as traders count down to Yellen speech
NEW YORK: Wall Street was higher on Friday morning, boosted by financial stocks, minutes before a speech by Federal Reserve chair Janet Yellen that is expected to provide a clearer picture on when interest rates will be raised next.
Microsoft buys interactive game streaming startup
San Francisco: Microsoft on Thursday said it is bolstering its Xbox arsenal with the purchase of a startup specialising in letting people join in the fun while watching live-streamed game play.
