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Search resuls for: "Sony's PlayStation"


2 mentions found


☆ We still believe in AMD's future potential, but near-term results make it difficult to see
  + stars: | 2022-11-01 | by ( Zev Fima | ) www.cnbc.com   time to read: +10 min
Advanced Micro Devices (AMD) reported fiscal third-quarter results that missed lowered expectations on after the closing bell Tuesday. Revenue in AMD's third-quarter increased 29% to $5.57 billion, missing estimates of $5.62 billion. Data center revenue remains resilient thanks to strong North American cloud demand, where AMD is strongest, while Embedded segment sales benefited from strong end market demand. While the long-term drivers of growth — cloud computing, gaming, and digitization — appear fully intact, the near-term issues must be resolved. Gaming revenue was $1.6 billion, up 14% year over year and also in line with estimates driven by higher semi-custom product sales.
☆ Microsoft says UK influenced by Sony in probing Activision Blizzard deal
  + stars: | 2022-10-12 | by ( ) www.reuters.com   time to read: +3 min
Microsoft could use its control over popular games to harm rivals, including those operating in multi-game subscription services and cloud gaming, it said. Microsoft said the CMA had adopted Sony's complaints without the "appropriate level of critical review". The Phase 1 decision identified three areas where the deal could cause harm: gaming consoles, multi-game subscription services and cloud gaming services," a CMA spokesperson said in a statement. A spokesperson for Microsoft said: "This deal will benefit gamers, developers, and the industry as we seek to bring more games to more people." A spokesperson for Sony PlayStation reiterated its view that the deal was "bad for competition, bad for the gaming industry and bad for gamers themselves".
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