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☆ NFL Week 11 Sunday review: Steelers edge Ravens in classic, Lions continue best start in 90 years, Chargers hold on late
▼ + stars: | 2024-11-18 | by ( Ben Morse | Homero De La Fuente | ) edition.cnn.com time to read: +11 min

CNN —Week 11 saw late drama, blowout wins and surprising upsets as the 2024 NFL season’s playoff picture became a little bit clearer. Steelers edge Ravens in AFC North classicThe Pittsburgh Steelers and Baltimore Ravens have historically been the dominant forces in the AFC North. “Well, look, this morning I had no hatred in my heart,” Queen told NFL Network’s Cameron Wolfe after the game. (Steelers linebacker Nick Herbig) made a huge play, and it just came out of me playing football, all the emotions. Great team win,” Chargers head coach Jim Harbaugh exclaimed after the game.

Persons: Russell Wilson, Chris Boswell –, Boswell, Justin K, Lamar Jackson, Derrick Henry, Pittsburgh linebacker Patrick Queen, ” Queen, NFL Network’s Cameron Wolfe, “, Nick Herbig, …, Gene J, Jackson, Henry, Justin Tucker, John Harbaugh, ”, it’s, It’s, Jared Goff, Goff, Amon, Ra St, Brown, Jameson Williams, Gregory Shamus, Jahmyr Gibbs, David Montgomery –, ‘, Montgomery, Gibbs, Dan Campbell, ” Campbell, you’ve, David, Jamo, he’s, Jared, Carlos Osorio, Joe Burrow, Burrow, Ja’Marr Chase, Tee Higgins, Gregory Bull, Chase McLaughlin, Justin Herbert, miscues, Herbert, Ladd McConkey, JK Dobbins, Dobbins, Jim Harbaugh, Mary, Higgins, Derwin James Jr, ” Burrow, Harbaugh Organizations: CNN, AFC, Buffalo Bills, Kansas City Chiefs, Steelers, Ravens, AFC North, Pittsburgh Steelers, Baltimore Ravens, Steel City, Pittsburgh linebacker, NFL, ” Lions, Detroit Lions, Jacksonville Jaguars, Ford, Detroit, Lions, Jaguars, Sega, Detroit didn’t, New England Patriots, Super, Minnesota Vikings, Atlanta Falcons, Tennessee Titans, AP Chargers, Bengals, Los Angeles Chargers, Cincinnati Bengals, Chargers, Cincinnati, JK, ” Chargers, Green Bay Packers, Chicago Bears Jacksonville Jaguars, Detroit Lions Las Vegas Raiders, Miami Dolphins Los Angeles Rams, New England Patriots Cleveland Browns, New Orleans Saints Baltimore Ravens, Pittsburgh Steelers Minnesota Vikings, Tennessee Titans Indianapolis Colts, New York Jets Atlanta Falcons, Denver Broncos Seattle Seahawks, San Francisco 49ers Kansas City Chiefs, Buffalo Bills Cincinnati Bengals Locations: Steel, Baltimore, Los Angeles

☆ GameStop craters as earnings show sales falling and profits driven mostly by its huge cash pile
▼ + stars: | 2024-09-11 | by ( Matthew Fox | ) www.businessinsider.com time to read: +4 min

GameStop stock plunged on Wednesday after revealing a 31% revenue decline in its second-quarter earnings. The video game retailer's revenue drop comes amid the industry's shift to digital game downloads. AdvertisementGameStop investors received a sobering wakeup call on Wednesday after the video game retailer saw its stock plunge as much as 18%. GameStop's earnings revealed a sharp 31% revenue decline to $798 million as the video game industry accelerates its transition from physical game sales to digital game downloads. AdvertisementAside from the sharp revenue decline, GameStop reported a slight profit surprise with adjusted earnings per share of $0.01 higher than the -$0.09 estimate from Wall Street.

Persons: —, Keith Gill, Ryan, Ryan Cohen's GameStop Organizations: GameStop, Service, Nintendo, Sega, Wall, Federal, SEC

☆ Dubai Mall, one of the world's largest, is getting even bigger with a $400 million expansion
▼ + stars: | 2024-06-05 | by ( Natasha Turak | ) www.cnbc.com time to read: +1 min

A view of the street near the Dubai Mall in Dubai, United Arab Emirates on November 29, 2023. DUBAI, United Arab Emirates — The Dubai Mall, one of the largest malls in the world, is set to get even bigger with a planned expansion that will cost an estimated 1.5 billion dirhams ($408 million). Spanning 12 million square feet of floor space, the mall is also connected to the Burj Khalifa, the world's tallest skyscraper. The mall's developer, Emaar Properties this week announced the building's expansion plan, which will add 240 new luxury stores and food and drink venues. "The new Dubai Mall expansion is a great addition to one of the most visited sites in the world," Mohamed Alabbar, Emaar founder, said in a statement.

Persons: Mohamed Alabbar Organizations: United Arab Emirates, SEGA Locations: Dubai, United Arab, DUBAI, Burj, UAE, Ukraine

☆ Nvidia CEO: Smart, successful people struggle with these 2 traits—but they kept my $2 trillion company from collapsing
▼ + stars: | 2024-03-30 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +3 min

But in 1996, it was three years old, facing layoffs and close to going out of business as a contract with a major partner — video game company Sega — fell apart. As part of the Sega contract, Nvidia needed to make chips for rendering 3D graphics on gaming consoles, Huang explained. Worse, during that period, Microsoft rolled out its DirectX software interface, which became a standard for gaming platforms — and it wasn't compatible with Nvidia's chips. Sega bought out its Nvidia contract, and used chips from Imagine Technologies' PowerVR for its Dreamcast consoles. It wasn't easy to admit Nvidia's mistake and humbly ask a client for understanding, Huang said: "These traits are the hardest for the brightest and most successful, like yourself."

Persons: It's, Jensen Huang, Sega —, Huang, — Organizations: Nvidia, Sega, National Taiwan University, Microsoft, Windows, Imagine Technologies, Dreamcast, CNBC

☆ Virtual-reality concerts could redefine the live-music experience — but it'll take more time
▼ + stars: | 2024-03-13 | by ( Ngozi Nwanji | ) www.businessinsider.com time to read: +8 min

VR concerts have emerged as a creative outlet for artists such as Travis Scott and Teflon Sega. The enigmatic singer Teflon Sega, who performs as a virtual-reality avatar, also worked with Wave to put on a virtual concert in 2022. Why artists and fans are interested in VR concertsThe appeal of VR concerts lies heavily in their experimental nature. Sarah Malkin, the director of metaverse entertainment content at Meta, told BI that the virtual concerts served both creative and strategic purposes. Over three months, the artist's VR concert was available to watch at select theaters in different cities.

Persons: Travis Scott, —, Justin Bieber, John Legend, Calvin Harris, Victoria Monét, Jack Harlow, Jorja Smith, Sarah Malkin, AmazeVR, Megan Thee, Steve Lee, Malkin, Cat's, Jason Diamond, Diamond, Lee, There's, Amy Dorsey Organizations: Sega, Companies, Meta, Service, Business, Forbes, Wave, Meta Quest, VR, Sony Music, Diamond Bros, Detroit, Arris Composites, Apple Vision, Food and Drug Administration, Dorsey Pictures Locations: AmazeVR

☆ How Sony's PlayStation has rivaled Microsoft and Nintendo in the console wars
▼ + stars: | 2024-03-09 | by ( Ryan Baker | ) www.cnbc.com time to read: +2 min

It's been three decades since the Sony PlayStation first brought to life some of the video game industry's most beloved franchises. The gaming console expanded into the U.S. a year later in 1995. "We went into markets where video gaming had never really been a thing. Most recently, Microsoft's $69 billion Activision Blizzard acquisition presented a major threat to Sony's long-standing gaming business. Watch the video to learn more about the story of Sony's PlayStation and to hear what is next for the company.

Persons: It's, Jim Ryan, Ryan, Shawn Layden, Layden, Carolina Milanesi Organizations: Sony PlayStation, Sony Interactive Entertainment, PlayStation, Nintendo, Sega, Sony Interactive Entertainment Worldwide, Sony Music, Sony Electronics, Activision Blizzard, Activision, Microsoft, Sony Locations: Japan, U.S, Europe, Italy, Spain

☆ We Asked A.I. to Create the Joker. It Generated a Copyrighted Image.
▼ + stars: | 2024-01-25 | by ( Stuart A. Thompson | ) www.nytimes.com time to read: +8 min

It Generated a Copyrighted Image. image generator, to create an image of Joaquin Phoenix from “The Joker.” In seconds, the system made an image nearly identical to a frame from the 2019 film. Reid Southen Create an image of Joaquin Phoenix Joker movie, 2019, screenshot from a movie, movie scene Midjourney’s response Generated by A.I. Mr. Southen Create an image of Dune movie screencap, 2021, Dune movie trailer Midjourney’s response Generated by A.I. Mr. Southen Create an image of “The Last of Us 2,” Ellie with guitar in front of tree Midjourney’s response Generated by A.I.

Persons: Reid Southen, Midjourney, Joaquin Phoenix, ”, Southen’s, “ Joaquin Phoenix, Sega’s, Woody, watchdogs, Sarah Silverman, John Grisham, OpenAI, Southen, Keith Kupferschmid, Kupferschmid, Ellie, Gary Marcus, “ Marcus, ChatGPT, SpongeBob, chatbot, Kathryn Conrad, Marcus, Microsoft Bing, Mario, Conrad Organizations: Warner Bros, Marvel, The New York Times, Times, Microsoft, Copyright Alliance, New York University, Viacom, University of Kansas, Nintendo Locations: Michigan, A.I, Italian

☆ Three ‘Grand Theft Auto’ titles are coming to Netflix's mobile game library
▼ + stars: | 2023-11-29 | by ( Drew Richardson | ) www.cnbc.com time to read: +3 min

Grand Theft Auto V packaging and the Netflix logo are displayed on a phone screen in this photo taken in Krakow, Poland, on Oct. 18, 2023. Rockstar Games originally released "Grand Theft Auto: The Trilogy – The Definitive Edition" for consoles and PC platforms in November 2021 . The release will include "Grand Theft Auto III – The Definitive Edition," "Grand Theft Auto: Vice City – The Definitive Edition" and "Grand Theft Auto: San Andreas – The Definitive Edition." Netflix announced Wednesday that it will make three "Grand Theft Auto" titles available to play for subscribers next month. "Grand Theft Auto" is one of the best-selling video game franchises of all time, shipping more than 405 million units worldwide, according to data firm Statista.

Persons: Andreas –, It's, Ross Benes, Andreas, Wall, Greg Peters, we've, Peters Organizations: Netflix, Rockstar Games, Rockstar, Apple, Auto, Vice City, Intelligence, CNBC PRO Locations: Krakow, Poland

☆ Sonic the Hedgehog helped revive 63-year-old Sega. The firm wants a repeat with its other classics
▼ + stars: | 2023-11-15 | by ( Ryan Browne | ) www.cnbc.com time to read: +4 min

"Sonic is reviving," Utsumi told CNBC's Arjun Kharpal, alluding to the success of the Sonic the Hedgehog adaptations in the box office. It comes as Sega is set to launch a new Yakuza game, Like a Dragon: Infinite Wealth, next year. watch nowSega recently launched the latest iteration of its Yakuza game. Collectively, the Yakuza game series has sold 21.1 million units since its debut in 2005, according to Sega. Buying more studiosSega is also on the hunt for more acquisitions as it seeks to expand its ownership of gaming studios, Utsumi said.

Persons: Shuji Utsumi, Utsumi, CNBC's Arjun Kharpal, Sega Sammy, that's Organizations: Paramount, CNBC, Summit, Sega, Rovio, Angry Birds, PlayStation, Nintendo, Sony, Microsoft Locations: Libson, Portugal, lockdowns, Japan

☆ If you get sued for an AI-generated creative work, OpenAI says it will protect you while Anthropic says you're on your own
▼ + stars: | 2023-11-14 | by ( Darius Rafieyan | ) www.businessinsider.com time to read: +4 min

At its first ever developer's day conference earlier this month, OpenAI tried to tackle the situation head on by announcing Copyright Shield. That's a promise that OpenAI will pay the legal fees of its business customers in the event they're sued for something they made using its products. "We can defend our customers and pay the costs incurred if you face legal claims around copyright," said OpenAI CEO Sam Altman in his keynote speech. But OpenAI rival Anthropic, founded by former OpenAI researchers and backed by billions of dollars from investors like Google and Amazon is taking a different approach. But to the extent that liability does exist, Anthropic says it's the person using the product that bears the blame.

Persons: Anthropic, it's, OpenAI, Sam Altman, Janel Thamkul, Thamkul, Erika Fisher, Fisher, I'm, they've, Darius Rafieyan Organizations: New York Times, Business, Google, United States Copyright, Sega Enterprises, Accolade, Sega

☆ Sega plans to ramp up mobile gaming push
▼ + stars: | 2023-11-14 | by ( Arjun Kharpal | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSega plans to ramp up mobile gaming pushShuji Utsumi, chief operating officer of Sega, discusses the company's push into mobile gaming.

Persons: Utsumi Organizations: Sega

☆ After 'Sonic The Hedgehog' success, Sega wants to revive more classics
▼ + stars: | 2023-11-14 | by ( Arjun Kharpal | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAfter 'Sonic The Hedgehog' success, Sega wants to revive more classicsShuji Utsumi, chief operating officer of Sega, discusses the Japanese gaming giant's plans to bring more of its classic titles to different formats like film, following the success of "Sonic the Hedgehog."

Persons: Utsumi Organizations: Sega

The puzzle game on his Android phone had been interrupted by a video showing Hamas militants, terrified Israeli families and blurred graphic footage. Reuters has not been able to establish how the ad came to her son's video game, but her family isn't alone. In at least one case, the ads were played inside the popular "Angry Birds" game made by SEGA-owned developer Rovio (ROVIO.HE). Google ran more than 90 ads for the foreign ministry but declined to comment on where it displayed those ads. In the Cassis family's case, the ads appeared in a game called "Alice's Mergeland" made by a developer called LazyDog Game.

Persons: Maria Julia Assis, Hannah McKay, Maria Julia Cassis, Rovio, Lotta Backlund, David Saranga, Saranga, Outbrain, Holland –, Alexandra Marginean, Marginean, Stack's, Raphael Satter, Sheila Dang, Katie Paul, Ken Li, Lisa Shumaker Organizations: REUTERS, Israeli Ministry of Foreign Affairs, Reuters, SEGA, Ministry of Foreign Affairs, Israeli Foreign Ministry, Google, West Bank, Palestine, Palestinian Authority, Holland, Stack's Ubisoft, Subway, SYBO, Apple, Standards Authority, Thomson Locations: Israel, London, Britain, Brazil, Europe, Gaza, France, Austria, Germany, Munich, Austrian, Danish, Washington, New York

☆ Your favorite sad songs could help you feel less pain, new study finds
▼ + stars: | 2023-10-25 | by ( Jocelyn Solis-Moreira | ) edition.cnn.com time to read: +6 min

Listening to favorite songs could reduce people’s perception of pain, according to a new study published Wednesday in the journal Frontiers in Pain Research. And the most effective pain relievers were found to be sad songs detailing bittersweet and emotional experiences. He was not involved in the latest study but has conducted his own research on the relationship between pain and music. With millions of songs available, one person’s favorite song is likely not the same as another. While he didn’t research chills in this study, Valevicius hypothesized that these sensations might be signs of sensory gating.

Persons: CNN —, Adele, ”, Patrick Stroman, “ Cotton, “, Darius Valevicius, shivers, Valevicius, Stroman, ” Jocelyn Solis, Moreira Organizations: CNN, Pain, Queen’s University, Sega, neurosciences, University of Montreal Locations: Kingston , Ontario, New York

☆ People are figuring out ways to generate inappropriate images with Meta's new AI stickers — and sharing the results online
▼ + stars: | 2023-10-05 | by ( Kai Xiang Teo | ) www.businessinsider.com time to read: +3 min

Users have found ways to generate wildly inappropriate images with the tool, and are sharing the results online. One academic hit out at Meta's AI safeguards in a blog post on Sunday. AdvertisementAdvertisementMeta launched the AI stickers and other features like celebrity AI assistants on September 27. But the stickers are already drawing ridicule online after people started trying to figure out ways to generate wildly inappropriate images using the tech. AdvertisementAdvertisementHowever, Tama Leaver, a professor of internet studies at Curtin University, hit out at Meta's AI safeguards in a separate blog post on Sunday.

Persons: Meta, —, Justin Trudeau, ince, lew, haring, ike, ickey, onic, hough Organizations: Service, Meta, Canadian, ust

[1/2] SAG-AFTRA actors and Writers Guild of America (WGA) writers walk the picket line during their ongoing strike outside Warner Bros. The SAG-AFTRA agreement covering video game performers expired last November and has been extended on a monthly basis as the union negotiated with major video game companies. As earnings climbed, video game company staff beyond the performers covered by SAG-AFTRA have been unionizing for the first time this year. In July, Sega workers formed the largest multi-department video game union in the United States, after Microsoft's video game testers formed their first U.S. labor union in January. For video game performers, the union is also calling for more safety measures for motion capture performers, who wear markers or sensors on the skin or a body suit to help game makers create characters' movements.

Persons: Mario Anzuoni, Cissy Jones, Jones, Delilah, AFTRA, Audrey Cooling, Ashly Burch, Danielle Broadway, Donna Bryson Organizations: Writers Guild of America, Warner Bros ., REUTERS, Campo Santo, SAG, Hollywood, Guild of America, PlayStation, Sony, Sega, Disney, Activision, EA, Epic Games, Thomson Locations: Burbank , California, U.S, United States

☆ Sega Sammy CEO discusses the potential of AI in gaming
▼ + stars: | 2023-09-22 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSega Sammy CEO discusses the potential of AI in gamingHaruki Satomi, president and group CEO of Sega Sammy Holdings, discusses priorities in its game development process.

Persons: Sega Sammy, Haruki Satomi Organizations: Sega, Sega Sammy Holdings

Noodle maker Nissin says it has the answer: caffeinated Cup Noodles. “To meet this demand, Nissin Foods is launching a new ‘gamer-friendly’ product for the first time in its history from its flagship brands Cup Noodles and Nissin Curry Meshi.”The caffeinated noodles will come in two flavors: garlic and black pepper yakisoba — which contains shrimp, pork, egg and cabbage — and curry, which uses a base of pork and vegetables. “Without the contributions of Japan, we wouldn’t have a video game industry,” Blake J Harris, a video game expert and author of “Console Wars,” told CNN in 2017. And while Japan’s cultural clout waned in the early 2000s, its gaming market is still growing, generating revenues of $22.1 billion in 2021, according to Newzoo. Japan currently sits third globally in video game revenues, behind the United States and China.

Persons: Red Bull, Nissin, “, Nissin Curry, Mario, ” Blake J Harris, ” Organizations: Tokyo CNN, Sega, CNN Locations: Asia, Japan, Tokyo, Newzoo, United States, China

☆ The biggest takeaways from Microsoft's courtroom showdown with the FTC over Activision Blizzard
▼ + stars: | 2023-06-30 | by ( Jordan Novet | ) www.cnbc.com time to read: +21 min

The impulse to expand Microsoft's gaming business on mobile devices at least in part inspired the Activision acquisition. The impulse to expand Microsoft's gaming business on mobile devices at least in part inspired the Activision acquisition. Jim Ryan, CEO of Sony Interactive Entertainment, wasn't happy with a Microsoft-generated list of Activision Blizzard games that would remain accessible on the PlayStation after the acquisition closes. Jim Ryan, CEO of Sony Interactive Entertainment, wasn't happy with a Microsoft-generated list of Activision Blizzard games that would remain accessible on the PlayStation after the acquisition closes. Activision Blizzard and Microsoft have agreed to terminate the deal if it's not done by July 18.

Persons: Satya Nadella, Phil Spencer, Spencer, James Weingarten, Weingarten, Jim Ryan, Sony, Ryan, Amy Hood, Bobby Kotick, Sarah Bond, Kotick, Amazon Weingarten, Bond, Tim Stuart, Nadella, Bernstein, Mark Moerdler, Hood, Stuart, it's, Jacqueline Scott Corley, she'll Organizations: Northern, Northern District of, Microsoft, Activision Blizzard, Federal Trade Commission, FTC, Sony, PlayStation, Mobile, Activision, Xbox, Zynga, Sega Sammy, Nintendo, Enix, Sony Interactive Entertainment, Management, Sony Group, Amazon, Microsoft's Xbox, Bernstein Research, Symantec, Sony PlayStation Locations: U.S, Northern District, Northern District of California, San Francisco, cybersecurity, United Kingdom, FarmVille, Asia, Japan, Tokyo

☆ Franck Bohbot’s nostalgic photos evoke the arcade’s ‘golden age’
▼ + stars: | 2023-06-07 | by ( Marianna Cerini | ) edition.cnn.com time to read: +9 min

Franck Bohbot Bohbot's book features shots from over a dozen arcades, which he described as each having their own "very different vibe." Franck Bohbot Bohbot said his project was intended to "document arcade culture and the escapism it provides." Franck Bohbot Most of Bohbot's shots were captured in 2019, before the pandemic brought his project to a temporary halt. Franck Bohbot Bohbot documented not only the games but also the crowds that the arcades attracted. Franck Bohbot Bohbot said the book serves as a love letter to L.A., which he called "a complicated city that often feels like it's hiding parts of itself."

Persons: Franck Bohbot’s, “, Bohbot, ” Bohbot, Franck Bohbot's, Franck Bohbot Bohbot's, Franck Bohbot, Franck Bohbot Bohbot, ”, California’s, Japan —, Kong, seeped, —, we’ve, Franck Bohbot “, ‘ Organizations: CNN, Dave, Buster's, Amusement Corporation, East Hollywood, New York City Mayor Fiorello La Guardia, Chicago Coin’s, New York Times, America’s, Atari, Setanta Books Locations: Los Angeles, California, Calimesa , California, North Hollywood, Hollywood, Santa Monica , California, L.A, East, New York, Japan, Chicago

“We call this one Vidsyich (Ukrainian word for ‘repel’).”The Vidsyich is what Borovyk calls a combat drone, designed to attack Russian positions. Valeriy Borovyk as his Vidsyich drone -- one of several he's developed -- is catapulted into the sky. Fedorov and Shchyhol observe a drone competition with the view of procuring more equipment for the Ukrainian military. Valeriy Borovyk's Vidsyich (Ukrainian for 'repel') drone can fly 40 km and carry a warhead with up to three kilograms. Vasco Cotovio/CNNOne longer-range Ukrainian drone is the UJ-22, made by Ukrjet and with a reported range of up to 800 kilometers (500 miles).

Persons: Borovyk, Vasco Cotovio, CNN Borovyk, “, ” Borovyk, Digital Transformation Mykhailo Fedorov, ” Fedorov, Fedorov, ”, ” Denis Sega, Yuriy Shchyhol, ” Shchyhol, Serhiy Prytula, Borovyk's Vidsyich, Anton Gerashchenko, Putin Organizations: CNN, Moscow, Ministry of Digital, Digital Transformation, “ Army, Drones, Sega, country’s, Service of Special Communications, Kremlin, Twitter Locations: Ukraine, Russia, Crimea, Kyiv, Ukrainian, Brig, Moscow, Ilysk, Kuban

☆ ‘Angry Birds’ Maker to Be Bought by Sega
▼ + stars: | 2023-04-17 | by ( Ben Dummett | ) www.wsj.com time to read: 1 min

The success of ‘Angry Birds’ made Rovio a mobile-gaming trailblazer. Sega Sammy Holdings Inc. agreed to pay almost $800 million for the company behind the “Angry Birds” franchise, a deal that would end the independence of one of the pioneers of the mobile-gaming industry. The transaction is the latest consolidation move in the broader gaming industry. Games played mostly on phones boomed during the pandemic but sales have ebbed more recently.

☆ Sega offers $776 million for Angry Birds maker Rovio
▼ + stars: | 2023-04-17 | by ( ) www.reuters.com time to read: +1 min

HELSINKI, April 17 (Reuters) - Japan's Sega Sammy Holdings Inc (6460.T) has agreed to launch an offer for Finland's Rovio Entertainment (ROVIO.HE), the maker of the Angry Birds mobile game, for 706 million euros ($775.8 million), the companies said in a joint statement on Monday. Tokyo-based Sega will offer 9.25 euros per share for Rovio, a 19% premium over Friday's closing price of 7.775 euros. Rovio, which has been conducting a strategic review, on Saturday said it was in talks with Sega over a possible tender offer. The Wall Street Journal had reported on Friday that a deal between the two companies was imminent. Israeli peer Playtika (8II.F), had made a preliminary bid in January to buy Rovio for 683 million euros, but the Angry Birds maker confirmed last month talks had ended.

☆ “Angry Birds” may finally have found right nest
▼ + stars: | 2023-04-17 | by ( ) www.reuters.com time to read: +2 min

LONDON, April 17 (Reuters Breakingviews) - The winning trick of “Angry Birds” is to fire your slingshot at just the right angle to knock out the squadrons of enemy green pigs attempting to steal the birds’ eggs. Japanese gaming company Sega Sammy (6460.T) may have found that position. On Monday, Sega agreed to pay about 700 million euros in cash for Rovio Entertainment (ROVIO.HE), the maker of the “Angry Birds” franchise. The 9.25 offer price is a 63% premium to the closing price of Jan. 19, when rival suitor Playtika (8II.F)made a previous approach. Half the investors have preliminarily accepted the deal, and Rovio shares are near the offer price.

☆ Sega Sammy says it is considering buying Angry Birds maker Rovio
▼ + stars: | 2023-04-17 | by ( ) www.reuters.com time to read: +1 min

The Wall Street Journal reported last week that Sega Sammy was nearing a deal to buy the Finnish firm behind the mobile game Angry Birds for about $1 billion. Rovio has said it was in talks with Sega Sammy over a possible tender offer. Sega Sammy shares fell 4.3% by midday in a broader market (.N225) that was virtually unchanged. "Sega Sammy's mobile gaming business is centred on the domestic market, while 'Angry Birds' is well known overseas. "But there has been no big hit (from Rovio) other than Angry Birds, which was originally launched more than 10 years ago.

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