Tencent showed off its tech at the 2023 World Artificial Intelligence Conference in Shanghai, July 8, 2023. Nurphoto | Nurphoto | Getty Images Tencent beat second-quarter top and bottom line estimates as growth in its key gaming division accelerated. Here’s how Tencent did in the June quarter against LSEG consensus estimates: Revenue: 161.12 billion Chinese … Read more
Zynga headquarters in San Francisco, Aug. 4, 2021. David Paul Morris | Bloomberg | Getty Images Preregistration has opened for Zynga’s new “Game of Thrones”-themed mobile game, the company announced Monday. Zynga, a wholly owned publishing label of Take-Two Interactive, released a trailer and opened preregistration on the App Store and Google Play for their … Read more
Tencent has faced a number of headwinds in 2022 including a Covid-induced slowdown in the Chinese economy and a tougher market for gaming. Bobby Yip | Reuters Tencent beat analyst estimates for revenue and profit in the first quarter, thanks to slightly better sales in the Chinese tech giants core gaming business and improved profitability … Read more
It’s been three decades since the Sony PlayStation first brought to life some of the video game industry’s most beloved franchises. Sony Interactive Entertainment president and CEO Jim Ryan is set to retire in March 2024. His tenure began in 1994, the same year the PlayStation launched in Japan. The gaming console expanded into the … Read more
