Financial

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3 Nintendo posts biggest Q1 loss in five years

Yesterday Last year's profit turns to $232 million loss in the face of collapsing Wii U sales and the absence of new revenue streams

2 Apple reports quarterly revenue of $42.4 billion

Yesterday Update: Apple has sold a billion iPhones

Nintendo issues reminder it didn't make Pokémon Go, stock slumps 18%

3 days ago $6.7 billion wiped from Nintendo's market cap in its biggest one-day drop since 1990

2 Gaming revenues down 9% at Microsoft as hardware sales slow

3 days ago Update: Xbox One price cut to $249 in the US for a "limited time" as new consoles loom

Pokemon GO drives Nintendo market cap past Sony

9 days ago Nintendo's value has doubled, approaching $40 billion, thanks to Niantic's Pokemon mobile game

Ubisoft's sales climb 44% as Vivendi increases stake in publisher

9 days ago Vivendi now holds over 20% of the voting rights in Ubisoft

SoftBank to buy ARM for Ł24bn

10 days ago UK processor firm will keep Cambridge base, expects to double workforce

Line IPO raises $1.1 billion, the biggest in tech in 2016

13 days ago Around 40% of revenue comes from games, stickers and comics, and Japanese messaging service is seeking to expand with new content

Animoca acquires Finnish dev TicBits

24 days ago Brand-based mobile publishers pays €2.35m for small team

1 Vivendi ups Ubisoft share ownership to 20%, but delays takeover

A month ago Both companies' stock rise after Vivendi boss proposes "fruitful cooperation"

1 Tencent could be lining up to buy Supercell - at a $9bn valuation

A month ago World's biggest games company in talks with Softbank to purchase 73% share, say reports

Limitless scores close to $1m in seed funding

A month ago VR technology behind Gary The Gull that delivers "Pixar-quality VR characters"

Mad Catz profit turns to $11m loss on "incredibly disappointing" Rock Band 4

A month ago The resurgence of the music genre did not go according to plan

Funcom back in black after $6.3m investment

2 months ago Debt management and cash injection see Conan studio's future secured

Tencent thought to be interested in Supercell purchase

2 months ago The world's biggest games company also announced a new console for China

Lucid Sight raises $3.5m in Series A

2 months ago "The only place to effectively promote a VR experience is within another VR experience"

1 Softbank rumoured to be considering Supercell sale

2 months ago Japanese firm and majority stake holder thought to value developer at $5bn

Sega returns to profit on cuts and streamlining

2 months ago But revenue across Sega's games business was flat or in decline as new products failed to excite

1 Ubisoft reports full year earnings

2 months ago "The performances delivered by The Division and Far Cry Primal exceeded our expectations"

1 Square Enix doubles annual profits

2 months ago Publisher books nearly 20bn Yen ($184m) across business

1 Bandai Namco profits slip, Dark Souls III soars

2 months ago From Software's has shipped 3 million, but it launched a few days from the close of the fiscal year

Jobs

14 Disney Infinity is dead as Disney exits game publishing

2 months ago Avalanche is being shuttered and 300 jobs are now lost as a result

Star Wars Battlefront ships 14m copies, EA enjoys "phenomenal" FY2016

2 months ago “We grew non-GAAP net revenue, profitability and cash flow to record highs,” said CFO Blake Jorgensen

Metal Gear and mobile games give Konami a boost

2 months ago Digital Entertainment division doubled its operating profit in the last fiscal year, but Konami sees decline in its future

1 Capcom forecasts digital shift after solid fiscal year results

2 months ago Packaged games will receive "limited sales runs" as the company pursues growth in digital games and Asian markets

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