GameStop shares tumble after CEO says store network will shrinkGameStop shares fell 11.6% after CEO Ryan Cohen hinted at operating fewer stores without detailing cash plans. Cohen aims for a more profit...
18 Jun, 2024, 08.12 AM IST
GameStop faces 'unsustainable' sales decline, cuts jobs to control costsAs of February 3, GameStop had about 8,000 full-time salaried and hourly associates and between 13,000 and 18,000 part-time, hourly associa...
27 Mar, 2024, 04.22 PM IST
Disney's investment in Epic Games signals the company has to 'be there'Disney's investment in Epic Games is a strategic move to tap into the growing importance of gaming in the entertainment world, especially f...
09 Feb, 2024, 11.23 AM IST
Electronic Arts launches 'FC 24' football game in fresh start after FIFA splitA near three-decade partnership between EA and FIFA ended last year over what media reports said were demands that the videogame maker doub...
29 Sep, 2023, 09.49 PM IST
Meme stock GameStop jumps on share split bandwagonShares of GameStop skyrocketed more than 680% in 2021 thanks to retail traders on social media platforms such as Reddit who snapped up heav...
07 Jul, 2022, 07.54 AM IST
Amazon's net loss prompts query: Has it built too many warehouses?The world's largest online retailer on Thursday reported $2 billion in incremental costs from having excess fulfillment and transportation ...
29 Apr, 2022, 03.47 PM IST
GameStop posts quarterly loss on supply woes, Omicron hitVideo game retailer GameStop Corp on Thursday reported a net loss for the fourth quarter, as it absorbed high costs from supply constraints...
18 Mar, 2022, 01.01 PM IST
AMC posts upbeat results as people return to theaters"F9: The Fast Saga" - the latest installment of the "Fast and Furious" series - and "Godzilla vs Kong" gave AMC much-needed relief from the...
10 Aug, 2021, 08.36 AM IST
Amazon posts record profits amid pandemic boomSince the start of the coronavirus outbreak, shoppers have relied increasingly on Amazon for delivery of home staples, and the company sees...
30 Apr, 2021, 07.41 AM IST
14 email etiquette rules every professional should knowWith more or less all our conversations are over emails now and it is important to get them right to have the desired impact. Here are some...
30 Jun, 2015, 06.34 PM IST
PlayStation, Xbox duel over reality bending headsetsThe PlayStation 4 has outsold Microsoft's Xbox One since late 2013. Researcher IHS predicts Sony will have sold 34 mn PlayStation 4s by end...
17 Jun, 2015, 10.13 AM IST
14 email-etiquette rules every professional should knowResearch has found that US employees, on average, spend about a quarter of their time at work combing through the hundreds of emails each w...
30 Apr, 2015, 10.56 AM IST
At 10, LinkedIn strives to stay taller than FaceBookThe challenge for Jeff Weiner and Reid Hoffman is to avoid becoming another internet also-ran by continuing to add products as membership g...
11 May, 2013, 01.26 AM IST
Facebook plans to tweak payment platform to boost revenuesFacebook on Tuesday signaled its ambitions to grow as a payment platform, with changes to how its users can buy goods and services without ...
21 Jun, 2012, 04.24 AM IST
- Angry Birds' maker likely to seek funding at $1.2 billion valuation
Rovio Entertainment Oy is in talks to receive funding that would value the company at about $1.2 bn, two people with knowledge of the discu...
13 Aug, 2011, 05.02 AM IST
- Movies, accessories may help MS Xbox Live top $1-bn sales mark
Microsoft Corp.’s Xbox Live online video-game service probably broke the $1 bn revenue mark for the first time in the year that just ended,...
08 Jul, 2010, 10.53 AM IST
- 500 USD PS3 on the way out
Sony Corp plans to phase out the cut-priced $499 model of its PlayStation 3 video game machine, leaving only a higher capacity $599 model f...
17 Jul, 2007, 11.11 AM IST