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Candy Crush Saga Hits $20B Milestone As King Celebrates 20 Years
Friday, September 29, 2023 - 12:21pm | 343Activision Blizzard Inc (NASDAQ: ATVI) is celebrating King's 20th anniversary, the interactive entertainment company it acquired in 2016, with a focus on Candy Crush Saga's remarkable success. Candy Crush Saga generated a staggering $20 billion in revenue since its launch 11 years ago...
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Document Leak: Microsoft's Gaming Strategy Emphasizes Mobile, Ads
Wednesday, September 20, 2023 - 12:51pm | 334Microsoft Corporation (NASDAQ: MSFT) anticipate significant growth in the gaming industry, particularly in the areas of mobile gaming and advertising. That's according to a leaked 2022 presentation, which was disclosed as part of the Redmond, Washington-based company's legal battle with the...
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Apple Claims iPhone 15 Pro As The 'Next Generation of Mobile Gaming,' Featuring Assassin's Creed Mirage And More AAA Titles
Thursday, September 14, 2023 - 12:57pm | 356Apple Inc (NASDAQ: AAPL) recently unveiled its new iPhone 15 series, featuring the iPhone 15 Pro, which has the ability to run modern AAA games. "Phone 15 Pro offers smoother graphics, as well as more immersive AR applications and gaming experience," the company wrote in a press release....
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Why Netflix Is Being 'Deliberately' Quiet About Entering Gaming Industry
Wednesday, August 30, 2023 - 1:27pm | 548Streaming giant Netflix Inc (NASDAQ: NFLX) is progressively making its foray into the world of video gaming. In an interview with the BBC, Leanne Loombe, Netflix's vice president of External Games, underlined the significance of games in modern entertainment and articulated how this evolution...
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YouTube Explores Online Gaming: The Company's Move Beyond Video Hosting
Tuesday, June 27, 2023 - 7:17pm | 522YouTube is conducting internal testing of a new product called Playables, which aims to go beyond video hosting and bring online gaming to YouTube users. According to The Wall Street Journal, Alphabet Inc.'s (NASDAQ: GOOGL)(NASDAQ: GOOG) Google employees were invited to test this new...
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Netflix Gaming Foray Begins To Take Shape As It Launches 'Stranger Things' Titles In Poland
Friday, August 27, 2021 - 12:55am | 601Netflix Inc (NASDAQ: NFLX) is marking its entry into mobile gaming with adventure titles “Stranger Things: 1984” and “Stranger Things 3.” What Happened: Netflix Poland made the announcement in a tweet, first noted on Apple Insider, on Thursday. See Also: How To Buy Netflix (...
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Netflix To Begin Video-Gaming Foray With Free Mobile Offerings For Subscribers: What You Need To Know
Wednesday, July 21, 2021 - 1:37am | 436Streaming giant Netflix Inc. (NASDAQ: NFLX) has confirmed its much-anticipated move into video games, even as it reported slowing subscriber growth in the second quarter. What Happened: Netflix said Tuesday in its quarterly letter to shareholders that it sees gaming as another "new content...
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Why Cathie Wood Is Bullish On Skillz
Monday, April 26, 2021 - 2:48am | 539Cathie Wood-led Ark Investment Management believes the mobile gaming company Skillz Inc (NYSE: SKLZ) has been a victim of misunderstanding after recent short-seller allegations against the company related to its revenue recognition practices and its NFL partnership. What Happened: Skillz shares...
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Cathie Wood's Ark Loads Up Another 1.2 Million Shares In Skillz, Also Adds Coinbase, DraftKings
Friday, April 23, 2021 - 3:01am | 1024Cathie Wood-led Ark Investment Management on Thursday snapped up 1.2 million shares of the mobile gaming company Skillz Inc (NYSE: SKLZ), its biggest trade of the day among a total of two dozen stocks that it bought and sold during the day. The investment firm deployed the Ark Innovation ETF (NYSE...
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Could Sony Be Betting Heavier On Mobile Games? New Job Posting Suggests So
Tuesday, April 20, 2021 - 6:14pm | 549One of the largest video game companies in the world could be pushing further into mobile games with a recent job posting. What Happened: Sony Corp (NYSE: SONY) has a job posting for a “Head of Mobile, Playstation Studios.” Playstation Studios is owned by Sony and home to some of the...
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Skillz Tanks As Wolfpack Announces Short Position — Sharing Bearish Thesis
Tuesday, March 9, 2021 - 4:50am | 418Mobile games platform Skillz Inc (NYSE: SKLZ) shares tanked Monday after Wolfpack Research classified the latter’s top games as “stagnant to declining.” What Happened: The short seller said on Twitter that Skillz’s top three games — which make up for 88% of its...
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IPO Outlook For The Week: Affirm, Petco, Playtika Lead Busy Week
Monday, January 11, 2021 - 1:21pm | 1004The week of Jan. 11 is shaping up to be a busy one for the initial public offering market. This week’s lineup of IPOs includes fintech, esports, automotive and e-commerce companies offering a diverse range of investment opportunities. Affirm Holdings: After delaying its IPO in 2020,...
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Unity Software Analysts Assign Triple-Digit Price Targets On Gaming Strength, Future Growth Verticals
Tuesday, October 13, 2020 - 3:06pm | 662Unity Software (NYSE: U) saw a string of bullish calls from analysts initiating coverage Tuesday thanks to the company’s growth potential outside of its gaming business. Unity Analysts On Its Gaming Platform: Unity has relationships with many of the top gaming companies, including...
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Mobile Esports Company Skillz Going Public With DraftKings Owners Sixth SPAC
Thursday, September 3, 2020 - 2:40pm | 498Skillz, the first mobile esports platform, will go public via SPAC Flying Eagle Acquisition Corp (NYSE: FEAC). About Skillz: Skillz is a leading mobile esports gaming platform for competitive tournaments. “Today we’re a leader in casual esports and are well-positioned to capture the...
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KeyBanc Bullish On Mobile Gaming Companies Glu Mobile, Zynga
Wednesday, January 15, 2020 - 11:45am | 382KeyBanc started coverage of two mobile video game publishers with bullish ratings, saying mobile gaming is an attractive market and Glu Mobile Inc. (NASDAQ: GLUU) and Zynga Inc. (NASDAQ: ZNGA) are among the companies best poised to benefit. The Analyst KeyBanc's Tyler Parker started coverage of...