TOKYO (Reuters) - Sony Group, perched atop the gaming sector, is facing a fresh challenge from cash-rich rivals betting on a next-generation online video game boom as the Japanese conglomerate eyes expansion on multiple fronts, including electric cars.
Microsoft Corp, a laggard in the generational console battle with Sony, took a major step to position itself for the "metaverse" - a proposed immersive experience where people game, shop and socialise online - with a $69 billion deal for "Call of Duty" developer Activision Blizzard.
Already a subscriber? Log in
Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.
Cancel anytime. Ad-free. Unlimited access with perks.
