profitability

Sony Investing ‘Aggressively’ in First-Party Studios, Exclusives

Source Node: https://www.dbltap.com/posts/sony-investing-aggressively-in-first-party-studios-exclusives-01f4cscwmw97?utm_source=RSS
Time Stamp: April 28, 2021 3:46 PM - Modified On: April 28, 2021 - Published By:
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Top GamesSony aims to step up its exclusive PlayStation offerings this year. | Photo courtesy of Insomniac Games/SonySony plans to put another $183 million into its first-party studios in addition to building out partnerships with third-party studios.Sony chief financial officer Hiroki Totoki detailed the plan during Wednesday's Sony earnings call."In terms of costs, we plan to increase development, personnel and other costs in our in-house studios by approximately [$183 million] year-on-year as we further strengthen out in-house produced software," Totoki said.Comments from Sony CFO on PS5 hardware and engagement:- Demand

PS5 Shipped 7.8 Million Units as of March 31; PS4 Is At 116 Million

Source Node: https://twinfinite.net/2021/04/sony-playstation-financials-q4-2020/
Time Stamp: April 28, 2021 2:12 AM - Modified On: October 29, 2021 - Published By:
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Today Sony announced its financial results for the fiscal year 2020, which ended on March 31. First of all, we get an update on PS5 and PS4 units shipped during the latest quarter.3.3 million PS5 and 1 million PS4 units were purchased by retailers worldwide, which means that the grand total for PS4 as of March 31 is at 116 million units shipped. PS5 has shipped 7.8 million units in its lifetime. These are record-breaking numbers for a console launch.Below you can check out an overview of the performance of the Game

Enjin and GameTalkTalk to Release Sustainable NFTs

Source Node: https://beincrypto.com/enjin-and-gametalktalk-to-release-sustainable-nfts/
Time Stamp: March 23, 2021 7:00 PM - Modified On: March 23, 2021 - Published By:
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Non fungible token ecosystem developer Enjin is bringing sustainable NFTs to South Korea’s largest social gaming platform. Enjin is partnering with gaming social media company Luden Protocol to release these NFTs on its platform GameTalkTalk. The social gaming app currently has three million users.  From April 6, GameTalkTalk users will be able to mint NFTs using Enjin’s environmentally-friendly scaling solution, JumpNet. This will be available in addition to its NFT highway, Efinity.  GameTalkTalk’s 200,000 monthly active users will be able to mint fashion and real estate NFTs to personalize their

Extra Crunch roundup: Coupang and Roblox debut, driving GPT-3 adoption, startup how-tos, more

Source Node: https://techcrunch.com/2021/03/12/extra-crunch-roundup-coupang-and-roblox-debut-driving-gpt-3-adoption-startup-how-tos-more/
Time Stamp: March 12, 2021 7:51 PM - Modified On: March 12, 2021 - Published By:
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Extra Crunch publishes a variety of article types, but how-tos are my favorite category. For many entrepreneurs, the startup they are trying to get off the ground might be only the second entry on their resume. As a result, they don’t have much experience to draw from when it comes to basics like hiring, fundraising and growth marketing. Last week, Natasha Mascarenhas interviewed experts who had some strategic advice for finding the right time to bring a product manager on board. This afternoon, we published a guest post by growth

Efuse raises $6 million for ‘LinkedIn for gamers’ platform

Source Node: https://venturebeat.com/2021/02/18/efuse-raises-6-million-for-linkedin-for-gamers-platform/
Time Stamp: February 18, 2021 10:00 AM - Modified On: February 18, 2021 - Published By:
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GamesBeat Summit 2021 #GBSummit returns with two days of content and networking designed for industry executives. April 28-29, 2021 Register Now Efuse has raised $6 million for its “LinkedIn for gamers” platform, which helps esports amateurs and gamers find jobs and a sustainable way of life. The funding came after the Columbus, Ohio-based company signed up more than 500,000 new users to its platform in the past year. Efuse will use the capital to fuel product development and user acquisition and make key hires as it progresses toward profitability in

PS5 On-Track To Ship 7.6 Million Units by March; Spider-Man Miles Morales Sold 4.1 Million Units

Source Node: https://twinfinite.net/2021/02/ps5-sales-spider-man-miles-morales/
Time Stamp: February 3, 2021 2:19 AM - Modified On: October 29, 2021 - Published By:
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Today, during Sony’s quarterly conference call for investors and analysts, chief financial officer Hiroki Totoki talked about the launch of PS5. According to Totoki-san, the company predicts to record its highest profit in PlayStation history this fiscal year despite the hardware transition, as the profitability structure of the business has changed dramatically due to the expansion of network services. With the 4.5 million PS5 units shipped by the end of December, Totoki-san added, Sony is on track to match its goal of 7.6 million units by the end of March, despite not being

Extra Crunch roundup: A fistful of IPOs, Affirm’s Peloton problem, Zoom Apps and more

Source Node: https://techcrunch.com/2020/11/20/extra-crunch-roundup-a-fistful-of-ipos-affirms-peloton-problem-zoom-apps-and-more/
Time Stamp: November 20, 2020 5:08 PM - Modified On: November 20, 2020 - Published By:
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DoorDash, Affirm, Roblox, Airbnb, C3.ai and Wish all filed to go public in recent days, which means some venture capitalists are having the best week of their lives. Tech companies that go public capture our imagination because they are literal happy endings. An Initial Public Offering is the promised land for startup pilgrims who may wander the desert for years seeking product-market fit. After all, the “I” in “ISO” stands for “incentive.” A flurry of new S-1s in a single week forced me to rearrange our editorial calendar, but I

XTQZZZ on Vitality’s six-man roster: “We’re going to make substitutions mid-series depending on the map”

Source Node: https://www.hltv.org/news/30538/xtqzzz-on-vitalitys-six-man-roster-were-going-to-make-substitutions-mid-series-depending-on-the-map
Time Stamp: October 26, 2020 7:44 PM - Modified On: October 26, 2020 - Published By:
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Vitality coach Rémy "⁠XTQZZZ⁠" Quoniam has revealed that Nabil "⁠Nivera⁠" Benrlitom will start practising with the team this week as part of a rotation system that will be employed moving forward. The 19-year-old is expected to make his debut in the BLAST Premier Final Series — the perfect proving ground for the former Heretics player as the team are already qualified for the BLAST Global Finals. "The team will make substitutions mid-series depending on the map," XTQZZZ wrote in a Twitlonger post. "It will allow some players to rest on

Former PlayStation Boss Says AAA Game Development Is Unsustainable

Source Node: https://www.gamespot.com/articles/former-playstation-boss-says-aaa-game-development-/1100-6478908/?ftag=CAD-01-10abi2f
Time Stamp: June 23, 2020 7:48 PM - Modified On: June 23, 2020 - Published By:
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Shawn Layden, the former boss of PlayStation, has weighed in with his thoughts on the state of the AAA games business, and he thinks it's unsustainable. Speaking at the Gamelab Live conference, as reported by GI.biz, Layden said the commonly held idea that the cost of game development will double every new generation cannot continue."The problem with that model is it's just not sustainable," he said.Layden recalled the days when the world's biggest video games were developed on budgets of around $1 million. Now, the cost of most AAA games

Evening Reading – April 28, 2020

Source Node: https://www.shacknews.com/article/117790/evening-reading-april-28-2020
Time Stamp: April 29, 2020 8:16 AM - Modified On: April 29, 2020 - Published By:
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Hey Shacknews, it's time for Evening Reading Let's close out our day of posting. Please take a look. In case you missed it at Shacknews: [embedded content] The Valve Index jumped 200% on news that The Pentagon released footage of UFOs, increasing hopes that Half-Life 3 may also be real.https://t.co/6OxwIeZbfZ — TheValveIndex (@TheValveIndex) April 29, 2020 And now some random stuff from the Internet... The food supply chain is being strained by the pandemic “The food supply chain is breaking,” Tyson Foods warns in a full page ad in NYT