Tag
7 articles
Microsoft is cutting 3,200 jobs and divesting five studios as part of a major restructuring of its Xbox division, signaling a significant shift in strategy.
Europe is implementing new regulations targeting loot boxes in video games, aiming to protect minors from gambling-like mechanics. The move could cost the industry billions in lost revenue and reshape global gaming practices.
Sony will stop producing physical PlayStation game discs starting in January 2028, shifting fully to digital-only releases. The move reflects broader industry trends toward digital distribution and modernization.
Tencent is reportedly considering exiting several of its minority stakes in Japanese game studios, including Marvelous Inc., as it reassesses its global gaming portfolio. The move signals a strategic shift amid changing market dynamics and increasing competition.
Three Xbox studios—Compulsion Games, Double Fine Productions, and Ninja Theory—are in talks to buy themselves out of Microsoft's gaming restructuring efforts.
Nintendo shares fell 7% after revealing a 17% drop in Switch 2 sales forecasts and plans to raise prices in the U.S. and Japan.
The gaming industry is facing unprecedented challenges as AI technologies reshape the landscape, from supply chain disruptions to job displacement. As AI becomes more sophisticated, traditional gaming roles are being threatened while console prices rise due to global component shortages.
