Video Games

Nintendo Co Ltd on Thursday cut its full year Switch sales forecast by 6% to 24 million units and said it would struggle to meet demand in the key year-end shopping season as chip shortages disrupt production of the hit device.

Microsoft Corp beat Wall Street estimates for quarterly results on Tuesday on pandemic-induced demand for the software giant's cloud-based services and gaming consoles as businesses moved to hybrid working and people entertained themselves at home.

Videogame publisher Activision Blizzard Inc (ATVI.O) said on Tuesday it had fired more than 20 employees following allegations of sexual harassment and discrimination at the workplace, with 20 more individuals facing other forms of disciplinary action.

Activision Blizzard Inc. on Monday said it had agreed to pay $18 million as part of a settlement with the Equal Employment Opportunity Commission, which had been examining allegations of gender-based harassment and retaliation at the embattled videogame-publishing giant.

The CEO of Georgia-based video game company Tripwire Interactive stepped down late Monday, days after his remarks in support of the Supreme Court’s decision to uphold a hotly-debated Texas abortion law generated controversy on social media.

China has issued a new regulation that restricts young people to playing only three hours of online gaming in a standard week.

Bobby Kotick, the CEO of Activision Blizzard, sent a letter to employees on Tuesday acknowledging that the company’s initial response to a discrimination lawsuit filed in California was “tone deaf,” and assured his team that steps have already been taken to ensure a “safe and welcoming work environment.”

Robinhood Markets Inc. wants its users to buy stock. The online brokerage’s own, that is.

Electronic Arts Inc.

Apple’s top app store executive on Thursday faced an avalanche of documents unleashed Thursday by an Epic Games lawyer aiming to prove allegations that the iPhone maker has been gouging app makers as part of a scheme hatched by Apple's late co-founder Steve Jobs.

Tencent Holdings Ltd is negotiating agreements with a U.S. national security panel that would allow it to keep its ownership stakes in U.S. video game developers Riot Games and Epic Games, according to people familiar with the matter.

Hestia Capital Partners LP managing director Kurt Wolf joined GameStop Corp's board to make the U.S. video game retailer more valuable. Then it became too valuable for him to stay on.