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Business 23 Aug 2017 | 12:00 AM

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.

Technology 22 Aug 2017 | 8:57 AM

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.

Business 05 Jul 2017 | 12:00 AM

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.

Corporate News 01 Feb 2017 | 11:49 PM

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.

Business 01 Feb 2017 | 12:00 AM

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.

Business 31 Jan 2017 | 12:00 AM

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.

Business 23 Nov 2016 | 12:00 AM

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.

Business 15 Nov 2016 | 12:00 AM

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.

Business 26 Aug 2016 | 2:01 PM

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.

Corporate News 12 Aug 2016 | 6:37 AM

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.