gaming

Zynga Inc (NASDAQ: ZNGA) announced on Wednesday it will acquire San Fransisco-based Echtra Games, the latest move the company has made towards dominating the gaming industry. The financial details of the acquisition have yet to be disclosed. What Happened: Zynga, the company that brought...

Investors who have owned stocks since 2016 generally have experienced some big gains. In fact, the SPDR S&P 500 (NYSE: SPY) total return in the past five years is 131.9%. But there is no question some big-name stocks performed better than others along the way. Nvidia’s Big Run: One...

Online gaming platform Roblox disclosed Wednesday that it raised $520 million in a Series H funding, primarily led by investment firms Altimeter Capital and Dragoneer Investment Group. Other investors included The Group of Santa Barbara and Warner Music Group Corp (NASDAQ: WMG). What Happened...

Nintendo Co Ltd (OTC: NTDOY) said Tuesday it had reached an agreement to acquire Vancouver-based Next Level Games. What Happened: The two companies have entered into an agreement under which Nintendo will acquire 100% of Next Level Games’ outstanding shares, in effect making it a subsidiary...

The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Historically, new product launches have been the sun around which the gaming industry operates.  Take the last console cycle in 2013...

The ultra-competitive exchange traded funds industry remains dominated by three big players — BlackRock, Vanguard and State Street — but there's still room for smaller, independent issuers to flex their muscles. What Happened: New York-based RoundHill Investments burst onto the ETF...

The gaming platform Roblox is moving its IPO date to early next year, the Wall Street Journal has reported. What Happened: Roblox is hoping for a higher IPO price after seeing the shares of DoorDash Inc (NYSE: DASH) and AirbBnB Inc (NASDAQ: ABNB) jump dramatically...

Nintendo Co., Ltd (OTC: NTDOY) released Monday an updated version of firmware for its Switch console that gives the users the ability to transfer screenshots and videos from their console to a smartphone or PC. What Happened: The Ver. 11.0.0 of the software allows wireless transfer of screenshots...

Gaming enthusiast sites are reporting a number of novel developments in these early days of the PlayStation 5 rollout, some of them resulting in bans.  No Profanity On Twitter: TheGamer reports that the consoles seemingly have a built-in, unlisted function that blocks users from posting...

Gaming and online communications software company Discord Inc is nearing a deal to secure an undisclosed amount in a fresh round of funding. According to Forbes, if successful it would increase the company’s enterprise valuation to $7 billion. What Happened: The San Francisco-...

Thanksgiving Week is here and, owing to the coronavirus pandemic, Thanksgiving 2020 promises to be a turkey day unlike any other. If history holds true to form, the trading week, limited to three and a half days, will be a good one for equities. That's broader historical data. Drilling down,...

Nov. 22, 2020, screenshot of Kohl's online shopping site showing PlayStation 5 consoles out of stock A PlayStation news site for fans says Kohl's Corporation (NYSE: KSS) left thousands of customers hanging when PlayStation 5 console bundles quickly sold out at its online store during the...

Online gaming platform and game developer Roblox Corp. filed a preliminary prospectus for an initial public offering with the U.S. Securities and Exchange Commission on Thursday. Roblox IPO: The gaming company intends to list its shares on the New York Stock Exchange under the symbol...

Sony Corporation (NYSE: SNE) and Microsoft Corporation’s (NASDAQ: MSFT) new consoles have failed to rack up sales numbers in Japan achieved by their predecessors on account of supply constraints, Bloomberg reported Wednesday. What Happened: Sony reportedly sold 118,085 PlayStation 5 units...